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Cryptocurrency 4 February 2026 - 5 February 2026

Bitcoin breaks below $71,000 as AI tech rout drags down crypto markets

Bitcoin breaks below $71,000 as AI tech rout drags down crypto markets

Bitcoin dipped under $71,000 on Thursday amid a widening tech selloff that pushed traders to shed risk across the board. The token dropped to $70,160, its lowest since November 2024, as investors shied away from soaring AI costs and offloaded crowded trades. Alphabet, Google's parent company, forecasted capital expenditures between $175 billion and $185 billion this year. Meanwhile, chipmaker Advanced Micro Devices plunged 17%, contributing to a tech sell-off that has erased roughly $830 billion in market value since Jan. 28, according to Reuters. “That increase in capex was absolutely enormous,” said IG analyst Tony Sycamore.
5 February 2026
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Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin slides under $71,000 as AI tech rout spills into crypto, stoking fresh selloff

Bitcoin slipped below $71,000 in Asian hours on Thursday as a renewed slide in global technology stocks bled into crypto markets, cutting short hopes that last week’s violent swings were settling down. The world’s largest token fell as much as 7.5% over the past 24 hours and touched lows near $70,700 before paring some losses, CoinDesk data showed. https://news.futunn.com/post/68459830/bitcoin-slips-below-71000-as-ai-driven-tech-rout The move matters now because crypto has been trading like a turbo-charged version of the equity risk trade again — falling when tech falls, and falling faster. After a week of whipsaws, some traders had been leaning on the idea that panic selling was largely done.
5 February 2026
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Bitcoin Slides to 15-Month Low Near $72,000 as Crypto Rout Wipes Almost $500 Billion

Bitcoin Slides to 15-Month Low Near $72,000 as Crypto Rout Wipes Almost $500 Billion

Bitcoin dropped up to 5.4%, sliding to $72,047 on Wednesday—the weakest since roughly 15 months ago—amid a wider selloff in cryptocurrencies. The Nasdaq 100 also dipped over 2%, dragged down by rate-sensitive shares. The decline unfolds amid a broad pullback from risk assets, with global equities falling and the dollar gaining ground as traders grapple with U.S. interest rate prospects and ongoing geopolitical concerns. Oil prices rose, driven by sustained tensions between the U.S. and Iran.
4 February 2026
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Bitcoin rebounds near $76,000 after crash — but traders still brace for another leg down

Bitcoin rebounds near $76,000 after crash — but traders still brace for another leg down

Bitcoin and ether found some footing Wednesday after a sharp decline on Tuesday sent both cryptocurrencies to new lows. Bitcoin bounced back to around $76,100 from a low near $72,870, while ether hovered close to $2,255, according to CoinDesk. The recovery followed a broader market rally sparked by the U.S. House of Representatives passing a government funding bill to end the partial shutdown. https://www.coindesk.com/markets/2026/02/04/crypto-steadies-after-selloff-as-bitcoin-ether-rebound-from-multiyear-lows The calm stands out, given the plumbing still looks tight. Total open interest—the value of outstanding futures bets—dropped to around $105.9 billion, hitting its lowest point since last April. Meanwhile, roughly $679 million worth of crypto futures positions were liquidated in a 24-hour span, according to CoinDesk data.
4 February 2026
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Bitcoin price slips toward $74,000 as ETF flows whipsaw and Warsh Fed pick keeps traders wary

Bitcoin price slips toward $74,000 as ETF flows whipsaw and Warsh Fed pick keeps traders wary

New York, February 4, 2026, 10:05 EST — Regular session Bitcoin slipped almost 4% on Wednesday, dropping toward the $74,000 mark once U.S. markets opened. The cryptocurrency hovered around $74,389, down 3.95%, after fluctuating between $72,971 and $78,070. Ether also dipped roughly 4%, settling near $2,169. Crypto-related stocks remained under pressure.
4 February 2026
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Elon Musk’s xAI offers up to $100/hour for crypto experts after SpaceX mega-merger

Elon Musk’s xAI offers up to $100/hour for crypto experts after SpaceX mega-merger

Elon Musk’s AI startup xAI is on the hunt for a remote “Finance Expert – Crypto” to assist in training its AI models on digital-asset markets, according to a job posting. The position offers U.S. pay ranging from $45 to $100 an hour. https://job-boards.greenhouse.io/xai/jobs/5040344007 Musk has folded xAI into SpaceX in a deal that values SpaceX at $1 trillion and xAI at $250 billion, Reuters reported. The move aims to integrate his companies into a unified ecosystem, while competitors like OpenAI, Alphabet’s Google, and Amazon-backed Anthropic continue heavy investments in chips, data centers, and energy. https://www.reuters.com/business/musks-spacex-merge-with-xai-combined-valuation-125-trillion-bloomberg-news-2026-02-02/
4 February 2026
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Stock Market Today

  • Nvidia, Gold, Oil Top Expert Picks for $100k Investment Right Now
    July 1, 2026, 9:25 AM EDT. Three market experts lay out where they'd put $100,000 to work. Nvidia stock is their call on tech and AI growth. Gold gets the nod as a safety play in choppy markets and a hedge on inflation. For income and demand bets, oil investments make the list as supply stays tight. The picks mix growth, defense, and yield, with tech, commodities, and capital protection driving decisions in today's markets.
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