Crypto Market Crash 2026: $2T Wipeout Explained

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Feb 6, 2026

The crypto market just erased $2 trillion from its peak, Bitcoin's down nearly 50%, and the Fear & Greed Index is at levels not seen since 2022. Is this the capitulation we've been waiting for—or more pain ahead?

Financial market analysis from 06/02/2026. Market conditions may have changed since publication.

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Technical analysis is the study of market action, primarily through the use of charts, for the purpose of forecasting future price trends.
— John J. Murphy
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