Crypto markets extended losses amid heavy derivatives liquidations and macro headwinds, with traders bracing for further downside if bitcoin breaks key support.
Bitcoin, ether slide 7% as market 'fear' increases, liquidations mount
AI IMPORTANCE: 3/10
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AI INSIGHT
Bitcoin falls 7% on Feb. 5; Ether falls 7% on Feb. 5. Derivatives liquidations mount, forcing widespread liquidation of leveraged positions.
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