kabirs

February 5, 2026, the cryptocurrency market declined across the board, facing overall pressure.
Bitcoin (BTC)
· Current Price: Approximately $72,937.48
· Daily Performance: Down approximately 3.65%, with intraday prices at one point dropping below $72,000.
Ethereum (ETH)
· Current Price: Approximately $2,151.72
· Daily Performance: Down approximately 3.87%, with intraday losses at one point expanding to 5%-6%, and falling below the $2,100 mark.
Market Analysis
This decline is related to the overall decrease in market risk appetite, and statements from the U.S. Treasury Secretary indicating that there will be no support for Bitcoin have also affected market sentiment. Technically, Ethereum is particularly weak, and analysts point out that it has broken through key patterns, posing a risk of further decline to the $1,665-$1,725 range.

Stablecoins are no longer merely a tool for entering and exiting the crypto world, but rather a detonator for the global financial landscape.
In the past week, CCTV has reported on stablecoins twice, directly using titles like (New Era of Currency War), rarely revealing the true power dynamics behind stablecoins.
It is not the rise of a new financial concept, but the dollar hegemony is completing a self-upgrade on-chain.
💥 Why have stablecoins suddenly been mentioned twice by CCTV media?
Because the US has openly elevated stablecoins to a national strategic height. Just recently, the US Congress passed a bill known as the 'Genius Act' (stablecoin regulatory bill), the core logic is: