Bitcoin and ether each fall more than 7% as fear index drops to 11 and $800 million is liquidated

On February 5, 2026, bitcoin and ether each fell more than 7% over 24 hours as the broader crypto market sold off. CoinDesk reported that more than $800 million of leveraged positions were liquidated in that period. The crypto Fear and Greed Index fell to 11, its lowest reading of the year at that point.

• Bitcoin and ether each down more than 7% over 24 hours
• More than $800 million in leveraged positions liquidated
• Fear and Greed Index at 11, its lowest reading of 2026 to that date