Bitcoin and Ether Prices Plummet as Core Narratives Crumble
ByAinvest
Thursday, Feb 5, 2026 5:13 pm ET1min read
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Bitcoin and Ether prices have plummeted, with Ether reaching its lowest level since May 2025. The crypto selloff is fueled by ETF redemptions, forced liquidations, and broad risk-off selling. Core narratives around Bitcoin as a hedge against inflation and haven during geopolitical stress have crumbled. Ethereum's financial strength is under question, and Tom Lee's BitMine Immersion Technologies, the largest Ether holder, faces concerns about its ability to keep buying Ether with a mountain of unrealized losses.
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