Why Is Crypto Down Today? – February 6, 2026

The crypto market is down 8% today. BTC dropped 9.1% to $64,744, and ETH fell 1.7% to $2,281. “Bitcoin breaching the 2021 ATH of $69,000 is significant, but it doesn’t rule out further short-term downside.”
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Crypto Price Prediction Today 5 February – XRP, PEPE, Cardano

Crypto price prediction today: Bitcoin hovered near $69,500 and has struggled to bounce keeping sentiment defensive. XRP has slid to $1.35 after breaking descending channels, Cardano has hovered near $0.27 below 2024 lows, and PEPE has held near key support as volatility compresses today, right now.
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‘Big Short’ Investor Michael Burry Flags Bitcoin Chart Pattern Implying Drop to Low $50,000s

‘Big Short’ investor Michael Burry compares the current Bitcoin crash to the 2021–22 bear market, implying a potential slide to the low $50,000s — but analysts question whether the pattern holds in today’s ETF-driven market.
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