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Cryptocurrency 6 February 2026 - 7 February 2026

BitMine (BMNR) stock jumps 18% into the weekend as crypto rebounds — what to watch Monday

BitMine (BMNR) stock jumps 18% into the weekend as crypto rebounds — what to watch Monday

New York, February 7, 2026, 07:12 EST — Market closed BitMine Immersion Technologies, Inc. shot up 17.6% to finish Friday at $20.47, breaking out of its recent slump as crypto stocks followed bitcoin and ether’s rebound. With U.S. exchanges closed Saturday, all eyes turn to Monday’s open, following a weekend where crypto trading doesn’t stop.
7 February 2026
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Binance scoops up 3,600 more Bitcoin for SAFU as BTC whipsaws after brutal selloff

Binance scoops up 3,600 more Bitcoin for SAFU as BTC whipsaws after brutal selloff

Binance has wrapped up a 3,600-bitcoin buy for its Secure Asset Fund for Users, spending around $250 million in stablecoins to do it. The fund’s bitcoin address sits at 6,230 BTC now.) After a volatile stretch, bitcoin clawed its way back above $70,000 on Friday, having tumbled as low as $60,017.60 earlier in the week. Traders piled into options, snapping up contracts to guard against steeper declines. “Demand for downside protection is extreme,” said Sean Dawson, head of research at Derive.xyz.
7 February 2026
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Coinbase stock jumps 13% after-hours as bitcoin rebounds above $70,000

Coinbase stock jumps 13% after-hours as bitcoin rebounds above $70,000

New York, February 6, 2026, 18:09 EST — After-hours Shares of Coinbase Global Inc shot up roughly 13% in Friday’s after-hours session, tracking a rebound in bitcoin that lifted crypto-related stocks out of the red. Coinbase was recently trading 12.9% higher at $165.12, after touching lows of $151.45 and highs of $167.12 earlier on. More than 19.6 million shares changed hands.
7 February 2026
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IREN stock whipsaws after earnings as bitcoin rebounds; Microsoft GPU financing in focus

IREN stock whipsaws after earnings as bitcoin rebounds; Microsoft GPU financing in focus

New York, Feb 6, 2026, 17:45 EST — After-hours IREN Limited reversed earlier losses and pushed higher after hours Friday, tracking a sharp rally in bitcoin that helped lift crypto-related stocks. Shares bounced 5.1% to $41.83, having touched both $33.64 and $44.18 earlier. Bitcoin surged 11.4% to around $71,198, and names like Marathon Digital, Riot Platforms, and CleanSpark all jumped nearly 20%.
7 February 2026
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Bitcoin price swings as Bitfinex margin longs hit 2-year high — dip buying, or no bottom yet?

Bitcoin price swings as Bitfinex margin longs hit 2-year high — dip buying, or no bottom yet?

On Bitfinex, leveraged long positions in bitcoin just hit their highest levels in two years, even as the price slid beneath $69,000. Traders appear undeterred, with margin longs jumping to roughly 77,100 BTC—a 64% increase over the past six months, according to CoinDesk and TradingView figures. CoinDesk pointed out that this steady climb in bullish bets may suggest bitcoin still hasn’t put in a clear bottom. Bitcoin pushed back over $70,000 on Friday, recovering from a drop to a 16-month low earlier in the day, according to Reuters. A rally in tech stocks and precious metals gave the token a boost. “It feels like a day of consolidation for risk assets that have been under pressure this week,” said Shaun Osborne, chief currency strategist at Scotiabank. Still, options traders kept snapping up puts — those contracts that benefit as prices decline. “Demand for downside protection is extreme,” said Derive.xyz’s Sean Dawson.
6 February 2026
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Dow rebounds toward 50,000 as tech snaps back; bitcoin and gold claw higher while Amazon capex rattles AI bets

Dow rebounds toward 50,000 as tech snaps back; bitcoin and gold claw higher while Amazon capex rattles AI bets

Stocks snapped back on Friday, reversing course after three straight sessions of selling that dragged down big tech and other risk plays. By 12:10 p.m. ET, the Dow was up 989.72 points, or 2.02%, sitting at 49,898.44. The S&P 500 added 1.56%, while the Nasdaq jumped 1.69%, according to Reuters data. “The market looks like it was getting a bit overdone to the downside,” said Robert Pavlik, senior portfolio manager at Dakota Wealth. This shift is shaking up the AI trade, as investors get choosier about who stands to gain—or lose—going forward. Software stocks have taken the brunt of it this week: ServiceNow has dropped 12%, Salesforce is down 9%. Hardware, the “picks ’n shovels” of AI, is proving more resilient, Reuters said. “Investors are differentiating between who enables AI and who may be disrupted by it,” said Charu Chanana, chief investment strategist at Saxo.
6 February 2026
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Stock Market Today

  • Goldman Sachs Sees AI Sector Leverage at $1.4 Trillion as Rally Drives Risks
    July 1, 2026, 7:17 AM EDT. Goldman Sachs is flagging $1.4 trillion in leveraged bets across U.S. stocks, most of it in names tied to AI. The bank says margin debt now makes up 1.8% of U.S. equities and warns that this adds real risk if the market turns and triggers forced selling. Margin borrowing in Japan now tops $30 billion, the most since 2008. Big tech-the 'Magnificent Seven'-has lagged, pressured by crowding, cautious Fed signals and rising costs. Wells Fargo sees delayed AI IPOs as a bullish sign, pointing to stronger adoption trends that could lift demand and push the AI cycle further despite higher leverage.
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