Cryptocurrency markets plunged for the third consecutive session on February 5, 2026, with Bitcoin testing $70,000. XRP is crashing over 7% below $1.40, Ethereum is falling to $2,068, its lowest since May 2025, and Dogecoin is battling the $0.10 support. Bitcoin dropped 3.5% to test $70,000, the lowest level since November 2024, before recovering slightly to around $71,340.
XRP is falling for the third consecutive session, losing over 7% and testing levels below $1.40. Breaking the local support defined by April 2025 lows opens the path toward targets in the $1.25–$1.26 range. If this level also fails to hold, XRP could target around $0.53. Dogecoin is falling for the third consecutive session and is testing the round $0.10 support near levels not seen since September 2024.
Ethereum’s price is also falling for the third consecutive session, sliding to $2,068, the lowest since May 2025. Support designated by June 2024 lows around $2,100 continues to hold price in check, and today we see a reaction at this level. As a result, ETH is around $2,132 with a 0.7% loss. If the current support breaks, the next supports sit near $1,760 and the final target around $1,400.
Bitcoin’s price fell for the third straight session, dropping 3.5% to test $70,052, the lowest since November 2024, before recovering to about $71,340. This represents a decisive break below the target range of around $74,000 that has been discussed since November. With the breakdown confirmed, the next target is $68,000, where the 200-week exponential moving average sits on the weekly chart, and a further slide toward $52,000 could follow if bears regain control. Bitcoin is about 45% below its October peak near $126,000, and the broader backdrop includes a stronger dollar, higher rates, and sizable outflows from Bitcoin ETFs that weigh on risk assets.
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