On 5 February 2026, Bitcoin briefly dropped below $67,000 before trading near $67,500, leaving the asset more than 20% lower over the past week and bringing the $65,000 zone into focus as key support. Over the last 24 hours, crypto liquidations surpassed $1.4 billion, dominated by long positions, while major altcoins such as Ethereum, Solana, XRP, and BNB recorded even steeper weekly losses amid a heavily oversold market.

Alphabet shares fell 5% on Thursday morning after the company projected 2026 capital expenditures of $175 billion to $185 billion, more than twice its planned 2025 spending. The market reaction followed Q4 results that beat expectations, with earnings per share of $2.82 on $113.83 billion in revenue, but YouTube advertising revenue came in at $11.38 billion and grew just 9% year over year, missing estimates and unsettling investors.

Polymarket, the largest fully onchain prediction market on Polygon, will shift from bridged USDC.e to a native USDC integration, according to an announcement with Circle on Thursday. USDC.e currently supports trading, order placement, and settlements. Circle said native Polymarket USDC will roll out in the "coming months."

On February 5, Bitcoin's derivatives market saw a stark liquidation skew, with $118.63 million in long positions cleared against $4.53 million in shorts over a four-hour span. This 2,618% imbalance emerged as BTC tested the $69,000–$70,000 zone, highlighting a leverage-heavy market under stress and raising the risk of a deeper de-risking move toward lower price ranges.

On 5 February 2026, banks were described as rebuilding their core systems and workflows around artificial intelligence, moving beyond chatbots and basic automation. AI is being embedded into decision-making, customer interactions, lending, payments, and real-time risk and compliance, with the aim of speeding up processes, cutting costs, and enabling more personalized services.

According to the analysis, XRP is pressing into the $1.3 demand area after a series of lower lows and failed attempts to reclaim supply. Any bounce is viewed as corrective while price stays beneath the mid-channel near $1.6, with an additional cap at $2. A decisive break below $1.3 could expose lower, untested liquidity levels.

Brazil's Chamber of Deputies is advancing Bill 4.308/2024, requiring stablecoin issuers to hold 1:1 reserves and segregate client funds, effectively prohibiting algorithmic models. In parallel, Bitcoin Hyper ($HYPER) reports an ongoing presale exceeding $31.2M, with Etherscan data showing three whale wallets accumulating a combined $1M in early 2026.

Bitcoin slid beneath key supports, with the $74K yearly low and the $70K psychological band now in focus as sellers press their advantage. The analysis outlines a potential $70K–$80K consolidation if demand absorbs supply, but a breakdown of $70K could open room toward $63K, while any relief bounce may target $75K and $80K.