Why Is Crypto Down Today? – February 6, 2026

The crypto market is down 8% today. BTC dropped 9.1% to $64,744, and ETH fell 1.7% to $2,281. “Bitcoin breaching the 2021 ATH of $69,000 is significant, but it doesn’t rule out further short-term downside.”
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Coinbase UK CEO Says Tokenised Collateral Is Moving Into Market Mainstream

Tokenised collateral is shifting from experimental pilots into core financial market infrastructure, according to comments from Keith Grose, UK CEO of Coinbase, as central banks and institutions accelerate real-world deployment.
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