Bitcoin drops below $70,000 as crypto selloff deepens before U.S. equity market opens

Market Intelligence Analysis

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Why This Matters

Bitcoin has dropped below $70,000 due to a deepening crypto selloff, while U.S. equities show resilience ahead of key earnings. This indicates a mixed market sentiment with crypto markets experiencing extreme fear. The selloff in crypto markets may have a limited impact on U.S. equities for now.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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"Extreme fear" grips crypto and metals while U.S. equities show resilience ahead of key earnings

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Full article on CoinDesk
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Original article published by CoinDesk on February 5, 2026.
Analysis and insights provided by AnalystMarkets AI.