Bitcoin climbed back above $70,000 after a sharp sell-off, with its market cap returning to $1.4 trillion and dominance near 57% on CG. BNB moved ahead of XRP for the fourth-largest spot as ETH traded above $2,100 and SOL approached $90. HYPE lagged, sliding almost 5% to under $32.

Bitcoin's volatile week included a drop from $77,000 to $60,000 between Thursday and Friday, a recovery attempt toward $72,000, and a pullback near $68,000. Ethereum rebounded to $2,010 after slipping below $2,700, while SOL, BCH, XMR, XRP, TRX, DOGE, and ADA advanced. The total crypto market value added over $100 billion to reach $2.4 trillion.

Spot XRP ETFs recorded a weekly net inflow of about $40 million, lifting cumulative net subscriptions from $1.18 billion to $1.22 billion as of February 6. Over the same period, XRP's price slid from $1.75 to a $1.11 low before rebounding to $1.54, even as comparable Bitcoin and Ethereum products saw substantial outflows.

Pi Network’s PI, which reportedly hit an all-time high of $2.99 in late February 2025, has since plunged over 95% and recently touched a low of $0.1338 before edging back toward $0.145. AI models such as ChatGPT and Gemini outline bearish scenarios that include potential drops toward the $0.10 area or even to the $0.05–$0.08 range if selling pressure, thin liquidity, and weak sentiment persist.

Bitcoin's price climbed back above $71,000 less than a day after dropping to $60,000, recovering over $10,000 from its recent multi-year low. XRP jumped about 19% to above $1.50 and ETH moved back over $2,000, while more than $350 million in short positions were liquidated in the last 12 hours and daily liquidations still exceed $2 billion.

In the latest sharp downturn, bitcoin dropped from $77,000 to about $60,000 within 24 hours, while altcoins like XRP saw losses of up to 20% and roughly $2.6 billion in positions were liquidated. Analysts from the Kobeissi Letter link the current weakness to a structural shift that began with the October 10 crash and say a lasting bottom may not form until structural liquidity and sentiment recover.

On February 5, 2026, The Kobeissi Letter reported Bitcoin slipped below $66,000 for the first time since October 2024 and soon traded just above $65,000 amid "emotional" selling. Doctor Profit placed buy orders at $57k–$60k and plans to hold for 2–3 months, while XRP dropped nearly 20% in 24 hours to below $1.25.

Ripple's XRP fell over 10% to $1.42, the lowest since late November 2024, after having reached $2.40 a month earlier. Analysts highlight $1.42 and $1.27 as remaining supports before the $1.00 psychological level, while a recent Ripple update outlined institutional support for Hyperliquid via its prime brokerage platform.

On February 5, 2026, Lookonchain said wallets linked to Vitalik Buterin sold 2,961.5 ETH for $6.6 million over the past three days at an average $2,228. Ethereum fell 8% in the last 24 hours and 30% since last Thursday, while SoSoValue tracked ETF outflows over $400 million last week and CoinGlass saw more than $210 million in long liquidations.