Bitcoin breaks $70,000! Strategy's $4.6 billion unrealized loss triggers bloodbath in the crypto world: $1.3 trillion evaporates, 420,000 liquidations domino effect
On February 5, 2026, the crypto world entered a historic "Black Wednesday"—Bitcoin plummeted nearly 8% intraday, breaking below the critical $69,800 level, hitting the lowest point since November 2024. This sharp decline directly pushed "Bitcoin believer" Strategy into the abyss, with its 713,500 Bitcoin holdings' unrealized losses soaring past $4.6 billion, marking the company's worst paper loss since its inception in 2020, and th
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