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Cryptocurrency 5 February 2026 - 6 February 2026

Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Wall Street selloff accelerates: Nasdaq sinks, Bitcoin breaks $63,000 as AI fears grip markets

Wall Street’s selloff intensified Thursday, pulling the Nasdaq down to its lowest finish since November. Investors unloaded major tech and software stocks, while bitcoin fell below $63,000. The decline is significant now as the market’s biggest wager—rapid AI adoption driving profit growth—is running up against valuation limits. Alphabet outlined yet another boost in spending, and investors are growing impatient with bets that pay off only in the distant future.
6 February 2026
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Solana slides below $80 as Standard Chartered cuts 2026 target, still sees $2,000 by 2030

Solana slides below $80 as Standard Chartered cuts 2026 target, still sees $2,000 by 2030

Standard Chartered lowered its end-2026 price target for Solana to $250 from $310, while the token tumbled below $80 amid a sharp sell-off. The downgrade comes amid a wider crypto sell-off that’s dragged bitcoin to roughly $63,000, raising fresh doubts over which networks can sustain activity once speculative trading fades. https://coinmarketcap.com/currencies/bitcoin/
6 February 2026
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Bitcoin’s steep drop revives Fed QT fears — Binance Research calls the panic “overdone”

Bitcoin’s steep drop revives Fed QT fears — Binance Research calls the panic “overdone”

Bitcoin plunged roughly 16% on Thursday, dropping to near $61,350—its lowest point since late 2024—as the digital asset selloff intensified. Ether tumbled about 15%, slipping to approximately $1,812. The recent drop has put U.S. monetary policy under the microscope after President Donald Trump nominated former Fed governor Kevin Warsh to take the helm of the central bank once Jerome Powell’s term ends in May, subject to Senate approval. Investors are concerned Warsh might accelerate quantitative tightening, or QT — the Fed’s process of shrinking its bond holdings — which can sap liquidity and pressure speculative trades. https://www.reuters.com/business/boes-bailey-welcomes-warsh-trumps-choice-lead-us-fed-2026-02-05/
6 February 2026
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Robinhood stock tumbles nearly 10% as bitcoin breaks lower with earnings days away

Robinhood stock tumbles nearly 10% as bitcoin breaks lower with earnings days away

New York, Feb 5, 2026, 17:30 EST — Trading after hours. Shares of Robinhood Markets, Inc. dropped 9.9% to $72.68 in after-hours trading Thursday, following a sharp decline in bitcoin that dragged crypto-related stocks lower. The online broker’s shares fluctuated between $69.82 and $79.87 during the session, with roughly 55.3 million shares traded.
6 February 2026
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AI Fears Hit Tech Stocks Again as Bitcoin Sinks and Wall Street Braces for Earnings

AI Fears Hit Tech Stocks Again as Bitcoin Sinks and Wall Street Braces for Earnings

Wall Street plunged Thursday, dragged down by another drop in tech stocks and a sharp bitcoin sell-off that weighed on crypto-related shares. The S&P 500 dropped 1.2%, the Dow tumbled 592 points, and the Nasdaq retreated 1.6%. Bitcoin dipped over 12% below $64,000 briefly after new U.S. job data sent Treasury yields lower. This is catching attention now because the market no longer views the AI surge as a smooth ride but more like a bill coming due. Alphabet announced it plans to spend up to $185 billion in capital expenditure, or capex, in 2026, prompting a sell-off in big tech stocks. Amazon slipped 4.4% during regular trading and took another 10% hit after hours. “We’re seeing volatility about whether this investment will translate into results,” said Tom Hainlin, investment strategist at U.S. Bank Wealth Management. Melissa Brown, SimCorp’s managing director of investment decision research, described the AI trade as “perhaps the extinguisher this year.”
5 February 2026
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Bitcoin’s Slide to $63K Batters Strategy (MSTR) as Debt Questions and Earnings Loom

Bitcoin’s Slide to $63K Batters Strategy (MSTR) as Debt Questions and Earnings Loom

Shares of Strategy Inc. plunged roughly 18% Thursday, dragged down by bitcoin's fall to $63,344, hitting an intraday low near $62,503. The sharp drop revived concerns over the firm’s crypto-laden balance sheet just ahead of its earnings report. The stock last changed hands at $106.34, close to its low of $106.30. This move matters because Strategy’s playbook — raise cash in markets, buy tokens, rinse and repeat — has become a widespread tactic in public markets. When markets turn sour, what once seemed like a smart treasury move starts to look more like a desperate funding test.
5 February 2026
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Epstein files reignite Satoshi Nakamoto mystery as Binance and Brownstone posts claim Bitcoin was ‘hijacked’

Epstein files reignite Satoshi Nakamoto mystery as Binance and Brownstone posts claim Bitcoin was ‘hijacked’

Newly released U.S. Justice Department emails reveal Jeffrey Epstein sought connections with early Bitcoin developers and wanted to explore the project’s “downsides,” DL News reports. Joichi Ito, former MIT Media Lab director, described recruiting Bitcoin Core contributors as “a big win for us.” Meanwhile, Epstein urged then-lead maintainer Gavin Andresen to call his New York office, the report added. The records are housed in a vast database the Justice Department released in late January to meet the Epstein Files Transparency Act’s requirements, which mandate public disclosure of most unclassified documents related to the investigations and prosecutions. That rollout has sparked fresh scrutiny among crypto traders and influencers, all hunting for any links to Satoshi Nakamoto, bitcoin’s enigmatic creator.
5 February 2026
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Coinbase stock sinks 11% as Nevada lawsuit and Feb. 12 earnings loom

Coinbase stock sinks 11% as Nevada lawsuit and Feb. 12 earnings loom

Coinbase Global shares fell about 11% on Thursday to around $150, sliding again as investors sized up a Nevada gambling regulator’s court action and the company’s earnings update due next week. The drop matters because Coinbase is a proxy for risk appetite in crypto markets. When prices and trading activity cool, Coinbase’s transaction revenue can fade fast, putting more pressure on its subscription and services business to carry results.
5 February 2026
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ASX futures slip as Wall Street tech slide deepens and bitcoin cracks $66,000

ASX futures slip as Wall Street tech slide deepens and bitcoin cracks $66,000

Australian share futures dipped on Friday following renewed selling in U.S. tech stocks and a sharp drop in bitcoin overnight. S&P/ASX 200 futures hovered near 8,780, down roughly 1%—a figure that often hints at the cash market’s opening level. The pullback is shaping up as more than a single-day glitch in tech—it’s a broader, chaotic rethink of risk across software and crypto sectors. “It’s been a tough week for investors who were heavily exposed to the parts of the market that led the upside,” said Mona Mahajan at Edward Jones.
5 February 2026
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Cartels go crypto: DOJ targets money brokers moving drug cash to Mexico

Cartels go crypto: DOJ targets money brokers moving drug cash to Mexico

The U.S. Justice Department is intensifying its crackdown on Mexican cartels by going after money brokers accused of funneling drug profits through cryptocurrency, officials said. This comes after four defendants extradited from Mexico were charged in federal court in Kentucky. The push matters now because authorities report cartels are shifting tactics as law enforcement clamps down on more obvious drug corridors. Cryptocurrency, a digital token traded online, is reportedly being used more often to transfer profits from U.S. cities straight to cartel bosses in Mexico, prosecutors say.
5 February 2026
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Stock Market Today

  • White House Rejects Conflict Claims as Trump Crypto Windfall Reaches $1.2B
    July 1, 2026, 8:22 AM EDT. The White House pushed back on conflict-of-interest claims after reports put Donald Trump's crypto earnings at roughly $1.2 billion, mainly from World Liberty Financial and the $TRUMP token. Trump's net worth has jumped from $2.3 billion in 2024 to $6.5 billion in 2026, according to Forbes. White House spokesperson Anna Kelly said Trump and his family have not acted on conflicts of interest. The update landed as a 927-page ethics filing surfaced and political activity picked up, with the Supreme Court issuing rulings on birthright citizenship and transgender athletes. The crypto gains add to Trump's finances as he stays active on the political front.
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