Crypto Capitulation Day: Bitcoin Slumps to $62.2K While Wall Street Bleeds
February 5, 2026 · 9:20 PM
The price of bitcoin sank to roughly $62,200 on Feb. 5, 2026, as a full-blown risk-off mood rippled through global markets, fueled by rising geopolitical strain, economic jitters, and a cascade of forced liquidations across the cryptocurrency sector. Bitcoin Breaches Key Support as Liquidations Snowball and Stocks Stumble Roughly $2.06 billion in crypto derivatives positions […]
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