Bitcoin falls to $65,000 as Glassnode sees second-biggest capitulation in two years

Bitcoin slid to $65,000 in a single trading session, erasing a chunk of recent gains and pushing many recent buyers into loss. On February 5, 2026, Glassnode said its capitulation gauge posted the second-largest spike in two years, with realized losses nearing $890 million a day on a seven-day average and liquidations clustering into a roughly 10-hour window.