The crypto market experienced significant downward price movement this week, headlined by over $1.5B in long liquidations on crypto exchanges, which represents the highest level seen this year and matches volume last seen during the October highs, as Bitcoin reached a drawdown of nearly 50%. This morning Bitcoin was trading near $68,423.
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The crypto market remained under heavy pressure in the early Feb. 5 session, with total market capitalization falling 6.6% to $2.48 trillion as of 06:00 ET, extending losses from the prior afternoon’s 3.7% decline. Selling was broad-based and intensified across major Layer-1 assets, pointing to continued risk reduction rather than isolated weakness. Bitcoin dropped to
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Digital assets are under renewed pressure this morning, with total crypto market capitalization falling 1.8% to $2.65 trillion as of 06:00 ET, following a sharp 3.2% decline during the prior evening session. The tone has shifted back toward risk reduction after a brief stabilization phase earlier in the week, with broad weakness across higher-beta tokens
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Crypto markets remained under heavy pressure into Friday morning, extending Thursday’s sharp selloff as total market capitalization declined 5.4% to $2.89T as of 06:00 ET. The move followed a 4.9% drawdown at Thursday’s 18:00 ET close, signaling persistent risk aversion and ongoing deleveraging across digital assets. Price action suggests the market is transitioning from January’s
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