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Crypto Pulse Daily: Bitcoin Slips to $70K as Crypto Market Crash Deepens
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CoinGape Newsletter
February 05, 2026
After Coinbase’s early funding links to sex offender Jeffrey Epstein, new files by the US Department of Justice sent shockwaves through the crypto community as it reveals name of early Bitcoin developers and investors.
The crypto market crash deepens, with Bitcoin falling 7% to $70K lows and erasing all gains since crypto-friendly Donald Trump’s election as the US President. Top altcoins Ethereum (ETH), BNB, XRP, Solana (SOL), Dogecoin (DOGE), and Cardano (ADA) tumble 6-10% over the past 24 hours.
 XRP price fell sharply on Thursday, trading near $1.43 after dropping approximately 10% in the past 24 hours. This marks its lowest level since November 2024 and reflects a deepening bearish trend for the cryptocurrency. XRP has fallen below major support at $1.60 and indicates that further fall could be witnessed to $1.40 and further to $1.00. The token has fallen 20% in a week and almost 40% in a month. The volume of trading increased by 30% to a record high of $5.04 billion in the sell-off. |  Dogecoin price has recently experienced a 3.16% drop to $0.102, following a week of 17.8% losses. This decline comes amid a risk-off shift in the cryptocurrency market after the announcement of SpaceX’s Dogecoin-funded mission launch in 2027. The price action has been restricted within a downward channel, with consistent low highs since the end of 2025. Dogecoin price has been testing the support at $0.10 after falling under $0.11, momentarily hitting the support at $0.108, and stalling. |