Bitcoin gave up ground this Thursday, February 5, 2026, trading at $73,172, while Ethereum fell to $2,152. The daily decline of 3.3% for BTC comes amid an already difficult week, with a 17.9% drop over seven days. Investors are observing a widespread selling move, without an obvious immediate catalyst, but in a climate of heightened caution.
This sudden pullback comes after weeks of relative stability, during which Bitcoin oscillated around $85,000. The loss of $12,000 in a week reflects unusual bearish pressure, often associated with massive profit-taking or macroeconomic fears. Ethereum, more volatile, follows the trend with a weekly decline of 17.9%, signaling a lack of confidence in altcoins. Trading volumes have risen, suggesting panic or forced liquidation of positions.
For traders, today marks a turning point: Bitcoin is testing key support levels, and a continuation of the decline could trigger a deeper correction. In the short term, attention is on buyer reaction around $70,000. If the market does not stabilize, the week could end with historically large losses. Retail investors, often the last to react, could suffer significant losses if the trend continues.
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