The
cryptocurrency market plunged for the third consecutive session on Thursday,
February 5, 2026, with Bitcoin dropping 3.5% to test $70,000, the lowest level
since November 2024, before recovering slightly to $71,340.

XRP crashed
over 7% below $1.40, Ethereum fell to $2,068 (lowest since May 2025), and
Dogecoin battles support at $0.10 as $775 million in leveraged
positions were liquidated.

In this article
I analyze XRP/USDT, BTC/USD, ETH/USDT and DOGE/USDT charts, answering the
question of why crypto is going down today.

Bitcoin’s
price fell for the third straight session, dropping 3.5% to test $70,052,
the lowest since November 2024, before recovering to $71,340, down 1.5%. This
represents a decisive break below my target range of…