Top Crypto News Today 1. **Bitcoin Recovers to $70K Amid Bernstein's $150K Target Reiteration**: Bitcoin briefly dipped but rebounded to $70,000 as Bernstein analysts maintained their bullish $150,000 price outlook for 2025, citing strong fundamentals despite recent volatility. 2. **Bithumb Recovers 99.7% of Erroneously Distributed $43B in Bitcoin**: South Korean exchange Bithumb clawed back nearly all of the 620,000 BTC accidentally sent to users due to a pricing glitch, offering compensation and facing regulatory scrutiny. 3. **Jim Cramer Sparks Rumors of US Government Bitcoin Purchases**: CNBC's Jim Cramer claimed the US might soon buy Bitcoin for reserves, but officials denied it. 4. **Senate Advances Crypto Regulatory Bill**: The US Senate Agriculture Committee passed a Republican-backed bill to expand CFTC oversight on digital assets. 5. **Morgan Stanley Initiates Coverage on Bitcoin Miners**: The bank rated Cipher Mining and TeraWulf as buys.
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Top Crypto News Today 1. **Bitcoin Plunges Below $60K, Rebounds Above $70K**: Amid global market volatility, Bitcoin hit a 16-month low of around $60,000 before surging 10% to reclaim $70,000, driven by tech stock recovery and precious metal rebounds. 2. **Crypto Market Sheds Nearly $2 Trillion**: The broader crypto sector lost $2T in value due to risk-off sentiment, heavy liquidations ($2.2B), and Trump tariff threats on China, impacting stocks and currencies alike. 3. **Bithumb Accidentally Distributes $44B in BTC**: South Korean exchange Bithumb mistakenly sent over $40B worth of Bitcoin as promotional rewards, causing a sharp selloff on its platform. 4. **Tether Aids Turkey in $544M Crypto Seizure**: Tether helped Turkish authorities freeze $544M in USDT linked to an illegal betting network. 5. **Bitcoin ETFs Attract $330M Inflows Despite Dump**: Spot Bitcoin ETFs saw $330M net inflows as prices recovered, showing investor confidence in long-term prospects amid volatility.
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Top Crypto News (Feb 3, 2026): 1. **Bitcoin Dips Below $75K Amid Market Crash**: BTC slipped to a 9-month low of ~$74,500 due to tariff turmoil, bearish sentiment, and stock selloffs. XRP fell 5%, with the crypto market cap dropping to $2.74T. 2. **Spot Bitcoin ETFs See $562M Inflows**: U.S. Bitcoin ETFs rebounded with strong inflows after a $1.5B selloff, signaling potential recovery. 3. **ING Germany Launches Free Crypto ETPs**: The major bank offers retail access to Bitcoin, Ethereum, and Solana ETPs under MiCA rules, ending legality debates and sparking a European bank rush. 4. **Canada Rolls Out Crypto Custody Rules**: CIRO's new framework aims to prevent failures like QuadrigaCX, raising standards for platforms and reducing investor risks. Effective immediately. 5. **Galaxy Warns of BTC Drop to $63K**: Analyst highlights ownership gaps and supply pressures from holders, miners, and ETFs, predicting further downside if support breaks.
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