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Bitcoin and the broader crypto market now appear more violent than the 1929 U.S. stock crash, as extreme boom-and-bust cycles compress historic levels of risk into years, warns Bloomberg Intelligence strategist Mike McGlone. Strategist Says Bitcoin and Cryptos 2026 Make 1929 Stock Market Crash Look Tame Bloomberg Intelligence Senior Commodity Strategist Mike McGlone shared on … Read more
Lately, veteran trader Peter Brandt has been flashing a bearish read on bitcoin, leaning on old-school chart work, familiar technical formations in recent price action, and the kind of market scar tissue that only decades of trading can provide. On Thursday, when bitcoin sank awfully close to the $60,000 handle, Brandt cautioned that the move … Read more
On Thursday, Feb. 5, 2026, XRP suffered one of its steepest declines of the year, plunging 15% in 24 hours to a low of $1.22. This crash wiped out nearly 45% of its value since its January peak and erased gains dating back to late 2024. Steep Losses and Derivatives Liquidations The bearish sentiment gripping … Read more
The price of bitcoin sank to roughly $62,200 on Feb. 5, 2026, as a full-blown risk-off mood rippled through global markets, fueled by rising geopolitical strain, economic jitters, and a cascade of forced liquidations across the cryptocurrency sector. Bitcoin Breaches Key Support as Liquidations Snowball and Stocks Stumble Roughly $2.06 billion in crypto derivatives positions … Read more
Precious metals are tracking the sell-off in U.S. equities and crypto markets on Thursday, with bellwethers gold and silver continuing their downward march. Gold is down 1.35% on the day, while silver is taking the harder hit, shedding nearly 10% and making gold’s stumble look almost polite by comparison. Gold Drops, Silver Staggers as Market … Read more
On Feb. 5, bitcoin plunged 7% intraday, breaking below $66,000 and hitting $65,253 on Bitstamp, sparking fears of a retreat toward $60,000. The drop extended bitcoin’s weekly losses past 20% and marked a 30% correction from its mid‑January peak near $98,000. Market Impact and Liquidations The bitcoin rout intensified Feb. 5 as the flagship digital … Read more
U.S. equities extended their selloff Thursday, Feb. 5, 2026, as technology shares led broad declines across major benchmarks amid renewed risk-off sentiment. Nasdaq Leads Market Declines as Risk-off Sentiment Returns U.S. stock markets opened sharply lower, continuing a multi-session pullback that has weighed heavily on growth-oriented sectors. The tech-heavy Nasdaq Composite was among the hardest … Read more
The price of bitcoin has slipped beneath the $70,000 threshold and, over the past 30 days, has given up 26% against the U.S. dollar. This retreat has sent both crypto cheerleaders and critics racing to social media, each eager to offer their own take on what’s driving bitcoin’s latest pullback. Bitcoin Stumbles Again as Macro … Read more
Crypto exchange-traded fund (ETF) selling intensified as bitcoin, ether, and solana all recorded sizable outflows, extending February’s risk-off tone. XRP ETFs stood out as the sole bright spot, posting modest inflows amid the broader drawdown. Heavy Redemptions Slam Bitcoin, Ether, Solana; XRP Stands Alone Midweek trading offered little relief for crypto ETF investors. Selling pressure … Read more
Bitcoin is dangling at the edge of a breakdown, not bouncing toward a breakout. In the last hour, its price jittered between $69,049 and $69,546, as $1.40 trillion in market cap faces mounting pressure and $99.42 billion in 24-hour volume suggests panic, not conviction, inside a volatile $69,049–$76,122 trading range. Bitcoin Chart Outlook Bitcoin‘s 1-hour … Read more
