Bitcoin’s sharp sell-off on Feb. 5, 2026, was driven primarily by activity in spot bitcoin exchange-traded funds (ETFs) and broader traditional finance (TradFi) deleveraging, according to a detailed analysis published by Jeff Park, chief investment officer at Procap. Bitcoin’s Feb. 5 Drop Was an ETF Event, Not a Crypto One, Says Jeff Park Park explained […]
Source: https://news.bitcoin.com/why-bitcoin-fell-on-feb-5-procap-executive-points-to-etf-mechanics-not-crypto-panic/
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