Why crypto is going down

The cryptocurrency market plunged for the third consecutive session on Thursday, February 5, 2026, with Bitcoin dropping 3.5% to test $70,000, the lowest level since November 2024, before recovering slightly to $71,340. XRP crashed over 7% below $1.40, Ethereum fell to $2,068 (lowest since May 2025), and Dogecoin battles support at $0.10 as $775 million…