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2026-02-05 19:50:31

Is the Bottom in? Bitcoin Tests $65,253 as Market Panic Takes Hold

On Feb. 5, bitcoin plunged 7% intraday, breaking below $66,000 and hitting $65,253 on Bitstamp, sparking fears of a retreat toward $60,000. The drop extended bitcoin’s weekly losses past 20% and marked a 30% correction from its mid‑January peak near $98,000. Market Impact and Liquidations The bitcoin rout intensified Feb. 5 as the flagship digital

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