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Bitcoin fell to $66,800 after losing the $70,000 support level due to selling pressure in global markets and declines in technology stocks.
Cryptocurrency markets started February 5, 2026, with heavy sell-offs. Bitcoin, which has been trying to hold around $76,000 in recent days, entered a wave of flight from risky assets following a decline in the Nasdaq index and below-expectation earnings reports from AI-focused companies. During the Asian session, with intensified selling, BTC dropped to $66,800, the lowest level in recent months. At the time of writing, Bitcoin is trying to stabilize around $67,400.