Bitcoin Drops Below $70,000 as Forced Deleveraging Accelerates

The latest drop comes as digital assets lose their grip on nearly every narrative that once underpinned demand. Bitcoin is no longer acting as a hedge, failing to rise alongside gold during periods of geopolitical stress.

Feb 5, 2026 - 22:00
 0
Bitcoin Drops Below $70,000 as Forced Deleveraging Accelerates
The latest drop comes as digital assets lose their grip on nearly every narrative that once underpinned demand. Bitcoin is no longer acting as a hedge, failing to rise alongside gold during periods of geopolitical stress.

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