Ethereum has slipped back toward the $2,350 to $2,380 range, dragged down in part by high-profile asset dumps from BitMEX co-founder Arthur Hayes, while Bitcoin tests vital support at $80,500.
Following a stellar 24% recovery rally throughout August that pushed Bitcoin near the $78,000 mark, a convergence of macroeconomic pressures and sweeping regulatory overhauls triggered a violent $369 million long squeeze, wiping out positions across more than 90,000 leveraged traders.
The crypto market is currently in a state of "free-fall" as Bitcoin (BTC) plummeted by 8% in a single trading session today, February 5, 2026, briefly touching the $69,500 level.
Global financial giant JPMorgan published an analysis on November 6 claiming that Bitcoin now has "significant upside" and looks mechanically cheaper than gold on a volatility-adjusted basis.
The crypto market saw a mix of institutional integration, major corporate moves, and political developments in the second half of September. Coinidol.com takes a look at the top five most interesting headlines from the past two weeks.