
{"id":132319,"date":"2026-02-04T09:17:21","date_gmt":"2026-02-04T09:17:21","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=132319"},"modified":"2026-02-04T09:17:21","modified_gmt":"2026-02-04T09:17:21","slug":"crypto-news-today-february-4-down-again-thanks-crypto-btc-usd-fell-to-72k-before-the-snapping-back-eth-25-down-in-a-week","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=132319","title":{"rendered":"Crypto News Today, February 4: Down Again, Thanks Crypto! BTC USD Fell to $72K Before The Snapping Back, ETH 25% Down in A Week"},"content":{"rendered":"<p>Reading most crypto news headlines is depressing today. BTC USD briefly tagged a 15-month low under $73,000 before snapping back above $76,000, while ETH USD continued its rough week, sliding 25% and maybe closing to $2,000. This sets the depression in crypto news today as BTC USD moves like memes with thin liquidity.<\/p>\n<p>Looking at the cleanest perspective, BTC and ETH are tracking weakness from Nasdaq as the total crypto market shed close to 15% the last 7 days. But is it all doom?<\/p>\n<p>I didn\u2019t want to lose 7% a year to inflation.<\/p>\n<p>So I chose crypto and now lose 7% every week.<\/p>\n<p>At least it\u2019s faster. <a href=\"https:\/\/t.co\/7aN7b3PtuY\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/7aN7b3PtuY<\/a><\/p>\n<p>\u2014 Rekt Fencer (@rektfencer) <a href=\"https:\/\/twitter.com\/rektfencer\/status\/1999517602394279989?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">December 12, 2025<\/a><\/p>\n\n<p>President Trump has signed legislation to formally end the partial government shutdown, and this removed one layer of uncertainty, at least on paper, for now. We know crypto has been absorbing macro pressures. Remember, after Trump\u2019s inauguration, Bitcoin initially climbed 15%, only to see risk assets tumble when tariffs triggered a sharp S&amp;P 500 correction in early 2025. It\u2019 macro, not Bitcoin itself.<\/p>\n<p>However, Wall Street participation has changed the texture of this cycle too, making BTC USD less fragile than past drawdowns.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<h2>Forget Depressing Crypto News, Because BTC USD Shows Relative Strength Today<\/h2>\n<p>Despite the chaos filling crypto news feeds, BTC USD has quietly shown relative resilience today. Funding rates across major exchanges stayed positive, hinting at a mild bullish bias even during the dip. Bitcoin dominance slid toward 60%, a level that usually comes before altcoin rotations, but this cycle, capital largely boomeranged back.<\/p>\n<p>People are bracing for more turbulence. Pentoshi floated a scenario where BTC USD revisits the $70,000\u2013$74,000 range before rebounding into the mid $80,000s. So it\u2019s not that bad if this scenario plays out. Just 4 years ago, Bitcoin fell by 80% on a bear market, and it\u2019s more steady this time around.<\/p>\n<p>Well. It\u2019s not March yet. But think this 70-75k area is attractive for <a href=\"https:\/\/twitter.com\/search?q=%24btc&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$btc<\/a> <\/p>\n<p>Got some first small bids hit <\/p>\n<p>Might become active in this market again for the first time in awhile<\/p>\n<p>\u2014  Pentoshi mostly afk until march (@Pentosh1) <a href=\"https:\/\/twitter.com\/Pentosh1\/status\/2018176581110288497?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 2, 2026<\/a><\/p>\n\n<p>Warnings are stacking up, though. Michael Burry said that a deeper BTC USD drop could cascade into forced selling across gold and silver, wiping out $1 billion in value. Supporting that concern, tokenized silver futures recently saw liquidations that dwarfed BTC and ETH vas USD.<\/p>\n<p>michael burry sounds the alarm on bitcoin crash.<\/p>\n<p>the actual &#8220;Big Short&#8221; guy. called 2008.<\/p>\n<p>BTC broke support and &#8220;sickening scenarios&#8221; now in sight. 10% more downside puts companies like MicroStrategy in billions of losses, capital markets freeze up.<\/p>\n<p>gold and silver hit ATH\u2026 <a href=\"https:\/\/t.co\/a0Wa73ZMUq\" target=\"_blank\" rel=\"noopener\">pic.twitter.com\/a0Wa73ZMUq<\/a><\/p>\n<p>\u2014 Ryzm (@Goeun_6121) <a href=\"https:\/\/twitter.com\/Goeun_6121\/status\/2018829977417093331?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 3, 2026<\/a><\/p>\n\n<p><strong>DISCOVER:\u00a0<a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">10+ Next Crypto to 100X In 2026<\/a><\/strong><\/p>\n<h2>ETH USD Outlook. Bullish?<\/h2>\n<p>While BTC USD flexes relative strength, ETH crypto, today, tells a more uncomfortable story in most news headlines. Funding rates have turned mixed, with some exchanges flashing negative since the October 2025 crash. Ethereum continues to bleed against Bitcoin, touching ratios similar to those in 2016. Vitalik Buterin has weighed in, urging a rethink of ETH layer-2 strategy, framing it less as a hierarchy and more as a menu of user choices, especially as the mainnet keeps scaling and fees get lowered on every upgrade.<\/p>\n\n<p>(source \u2013 <a class=\"general-link\" href=\"https:\/\/www.coinglass.com\/currencies\/ETH\" target=\"_blank\" rel=\"noopener\"><strong>Coinglass<\/strong><\/a>)<\/p>\n<p>Tom Lee described BitMine\u2019s reported $6 billion Ethereum loss as part of a long-term attempt to outperform ETH USD across cycles. Meanwhile, Trend Research, which held $1 billion worth of ETH via AAVE, is staring at losses north of $560 million. Recent deposits of nearly $368 million in ETH to Binance, with liquidation levels at around $1,800.<\/p>\n<p>These tweets miss the point of an ethereum treasury:<br \/>\u2013 BitMine is designed to track the price of <a href=\"https:\/\/twitter.com\/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$ETH<\/a><br \/>\u2013 outperform over the cycle (think up ETH)<br \/>\u2013 crypto is in a downturn, so naturally ETH is down<a href=\"https:\/\/twitter.com\/search?q=%24BMNR&amp;src=ctag&amp;ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">$BMNR<\/a> will see \u201cunrealized\u201d losses on our holdings of ETH during these times:<br \/>-\u2026 <a href=\"https:\/\/t.co\/VpoNjAnJdC\" target=\"_blank\" rel=\"noopener\">https:\/\/t.co\/VpoNjAnJdC<\/a><\/p>\n<p>\u2014 Thomas (Tom) Lee (not drummer) FSInsight.com (@fundstrat) <a href=\"https:\/\/twitter.com\/fundstrat\/status\/2018705853101072853?ref_src=twsrc%5Etfw\" target=\"_blank\" rel=\"noopener\">February 3, 2026<\/a><\/p>\n\n<p>Technically, ETH USD is clinging to the $2,200 zone, a Fibonacci 1.618 level, and an area known for thin historical liquidity. A reverse head-and-shoulders pattern is also forming and waiting for confirmation. But some of us counter that liquidation heatmaps show danger lurking below support, standing on a thin, cracking ice.<\/p>\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>What\u2019s next? For now, pray and hope for the best, but expect the worst. Winter might not be <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-market-news-today-february-3-why-is-crypto-up-are-we-back-3-bitcoin-price-run-5-on-ethereum\/\" target=\"_blank\" rel=\"noopener\">over<\/a>, yet.<\/p>\n<p><strong>DISCOVER: <\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/new-binance-listings\/\" target=\"_blank\" rel=\"noopener\">16+ New and Upcoming Binance Listings in <\/a><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/cryptocurrency\/next-100x-crypto\/\" target=\"_blank\" rel=\"noopener\">2026<\/a><\/strong><br \/>\n<strong><a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/report\/state-of-crypto-q4-2025\/\" target=\"_blank\" rel=\"noopener\">99Bitcoins\u2019 Q4 2025 State of Crypto Market Report<\/a><\/strong><\/p>\n<p><strong><a class=\"general-link\" href=\"https:\/\/discord.gg\/B7Uk6agkqj\" target=\"_blank\" rel=\"noopener\"><span>Follow 99Bitcoins on\u00a0<\/span><\/a><a class=\"general-link\" href=\"https:\/\/x.com\/99BitcoinsHQ\" target=\"_blank\" rel=\"noopener\">X<\/a>\u00a0For the Latest Market Updates and Subscribe on\u00a0<a class=\"general-link\" href=\"https:\/\/www.youtube.com\/@99bitcoins\" target=\"_blank\" rel=\"noopener\">YouTube<\/a>\u00a0For Daily Expert Market Analysis.<\/strong><\/p>\n<p><span><\/span><\/p>\n<div class=\"nnbtc-live-articles-list\">\n<div class=\"nnbtc-updates-container\">\n<div class=\"nnbtc-live-article\">\n<div class=\"nnbtc-update-meta\">\n\t\t<span class=\"nnbtc-update-time-dot\"><\/span><br \/>\n\t\t<a class=\"nnbtc-update-time\" href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-news-today-february-4-down-again-thanks-crypto-btc-usd-fell-to-72k-before-the-snapping-back-eth-25-down-in-a-week\/#article-334003\" target=\"_self\" rel=\"noopener\"><br \/>\n\t\t\t9 minutes ago\t\t<\/a><\/div>\n<div class=\"nnbtc-update-title\">\n<h2>Vitalik Says Ethereum\u2019s L2 Plan Is Broken as ETH USD Slips -2%<\/h2>\n<\/div>\n<div class=\"nnbtc-update-author\">\n<div>\n\t\t\t\tBy  <span class=\"nnbtc-author-name\">Akiyama Felix<\/span>\n\t\t\t<\/div>\n<\/div>\n<div class=\"nnbtc-update-content\">\n<p>Ethereum co-founder Vitalik Buterin said the network needs \u201ca new path,\u201d openly walking back Ethereum\u2019s long-standing reliance on Layer-2 networks for scaling. Vitalik\u2019s comments came as ETH USD slid a further -2% overnight to $2,270, with the total crypto market cap slipping back below $2.7 trillion.<\/p>\n<p>This comes at a time when most Ethereum activity lives off the main chain, raising a simple question: Did scaling drift too far? Ethereum has spent years pushing transactions onto L2s to cut fees and congestion.<\/p>\n<p class=\"p1\">\n<div class=\"chart crypto-chart-instance\">\n<div class=\"chart__header\">\n<div class=\"chart__info\">\n<div class=\"chart__info-icon\">\n<div class=\"chart__info-name\"><\/div>\n<div class=\"chart__info-symbol\"><\/div>\n<\/div><\/div><\/div><\/div><\/p><\/div>\n<div class=\"chart__info-current\">\n<div class=\"chart__info-price\"><\/div>\n<div class=\"chart__info-change\"><\/div>\n<\/div>\n<div class=\"chart__info-extra\">\n<div class=\"chart__info-label\">Market Cap<\/div>\n<div class=\"chart__info-marketcap\"><\/div>\n<\/div>\n<\/div>\n<div class=\"chart__controls\">\n<div class=\"chart__controls-group\">\n\t\t\t\t<button class=\"chart__button chart__button--24h\">24h<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--7d\">7d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--30d\">30d<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--1y\">1y<\/button><br \/>\n\t\t\t\t<button class=\"chart__button chart__button--all-time\">All Time<\/button>\n\t\t\t<\/div>\n<\/div>\n<\/div>\n<div class=\"chart__container\"><\/div>\n<\/div>\n<p>That strategy worked on cost, but it also created trade-offs around control and trust. Now, the project\u2019s original architect says those trade-offs are too big to ignore. Another talking point for Ethereum is yesterday\u2019s (February 3) ETF flows, which saw BlackRock buy $42.9M ETH, marking a green day for the products.<\/p>\n<p>Talking of L2s, while Ethereum is saturated with them, there still isn\u2019t one for Bitcoin, until now. Bitcoin Hyper (HYPER) is one of the hottest crypto presales in recent memory, having raised over $31M to date. Stick around until the end to find out why HYPER is a must-buy for 2026.<\/p>\n<p>Read the full story <a class=\"general-link\" href=\"https:\/\/99bitcoins.com\/news\/presales\/vitalik-ethereum-l2-roadmap-shift\/\" target=\"_blank\" rel=\"noopener\"><strong>here<\/strong><\/a>.<\/p>\n\n\n\n<p><\/p>\n<p>The post <a href=\"https:\/\/99bitcoins.com\/news\/altcoins\/crypto-news-today-february-4-down-again-thanks-crypto-btc-usd-fell-to-72k-before-the-snapping-back-eth-25-down-in-a-week\/\">Crypto News Today, February 4: Down Again, Thanks Crypto! BTC USD Fell to $72K Before The Snapping Back, ETH 25% Down in A Week<\/a> appeared first on <a href=\"https:\/\/99bitcoins.com\/\">99Bitcoins<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"<p>Reading most crypto news headlines is depressing today. BTC USD briefly tagged a 15-month low under $73,000 before snapping back above $76,000, while ETH USD continued its rough week, sliding 25% and maybe closing to $2,000. This sets the depression in crypto news today as BTC USD moves like memes with thin liquidity. Looking at [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":132320,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-132319","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132319"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=132319"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/132319\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/132320"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=132319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=132319"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=132319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}