BTC Under $70k, Fear & Greed at 14, is This the Bottom?
Thu Feb 05 2026
Crypto Majors Are Very Red Down 7-10% After a Brutal Overnight Selloff; Btc -8% at $69.6k; Eth -7% at $2,070; Sol -7% at $89.4; Xrp -14% at ~$1.36. Myx (+4%) and Lit (+1%) Led Top Movers. Bitcoin Sank to ~$69,200 Overnight Wednesday, Extending Its Weekly Losses to 20%; Fear & Greed at 14, the Lowest Since Late November 2025. Treasury Secretary Bessent Testified Before the House Financial Services Committee on Wednesday; Told Rep. Sherman the Government Has “absolutely” No Plans to Bail Out Bitcoin or Issue a CBDC. Brock Pierce’s Relationship With Epstein Went Far Deeper Than Previously Known, With Pierce Referenced 1,801 Times in the Files. Luke Dashjr Called on Adam Back to Resign From Blockstream After the Files Named Epstein as an Early Investor via Joi Ito’s Fund. Alleged Ransom Notes for Nancy Guthrie (Savannah Guthrie’s Mother) Are Demanding Millions in Bitcoin According to the Fbi and Pima County Sheriff Investigating. Cme Group is Exploring Launching Its Own Coin on a Decentralized Network and Moving All Crypto Products to 24/7 Trading in Q. Fidelity Launched Its Fidd Stablecoin on Ethereum With $59m Initial Supply, Backed by Cash and Short-term Treasuries, Making the $6.8t Asset Manager the Largest Tradfi Player to Issue a Stablecoin. Metamask Integrated Ondo Finance to Offer 200+ Tokenized U.s. Stocks, Etfs, and Commodities Directly in-wallet.
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Crypto Majors Are Very Red Down 7-10% After a Brutal Overnight Selloff; Btc -8% at $69.6k; Eth -7% at $2,070; Sol -7% at $89.4; Xrp -14% at ~$1.36. Myx (+4%) and Lit (+1%) Led Top Movers. Bitcoin Sank to ~$69,200 Overnight Wednesday, Extending Its Weekly Losses to 20%; Fear & Greed at 14, the Lowest Since Late November 2025. Treasury Secretary Bessent Testified Before the House Financial Services Committee on Wednesday; Told Rep. Sherman the Government Has “absolutely” No Plans to Bail Out Bitcoin or Issue a CBDC. Brock Pierce’s Relationship With Epstein Went Far Deeper Than Previously Known, With Pierce Referenced 1,801 Times in the Files. Luke Dashjr Called on Adam Back to Resign From Blockstream After the Files Named Epstein as an Early Investor via Joi Ito’s Fund. Alleged Ransom Notes for Nancy Guthrie (Savannah Guthrie’s Mother) Are Demanding Millions in Bitcoin According to the Fbi and Pima County Sheriff Investigating. Cme Group is Exploring Launching Its Own Coin on a Decentralized Network and Moving All Crypto Products to 24/7 Trading in Q. Fidelity Launched Its Fidd Stablecoin on Ethereum With $59m Initial Supply, Backed by Cash and Short-term Treasuries, Making the $6.8t Asset Manager the Largest Tradfi Player to Issue a Stablecoin. Metamask Integrated Ondo Finance to Offer 200+ Tokenized U.s. Stocks, Etfs, and Commodities Directly in-wallet.