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.

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.

Bitcoin prediction market contracts across multiple platforms are converging around a narrow price band for early 2026, with traders broadly assigning low probabilities to aggressive upside scenarios and treating six-figure outcomes as long-shot events.

Bitmine is facing criticism online over large unrealized losses tied to its Ethereum holdings, but Chairman Tom Lee says the claims misunderstand how an ETH-focused treasury strategy works.

U.S. equities extended their selloff Thursday, Feb. 5, 2026, as technology shares led broad declines across major benchmarks amid renewed risk-off sentiment.

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.

This content is provided by a sponsor. PRESS RELEASE.

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.

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.

Fireblocks integrates with Stacks, enabling 2,400+ institutional clients to deploy bitcoin capital in native decentralized finance ( DeFi) applications.

This content is provided by a sponsor. PRESS RELEASE.

Barstool Sports founder Dave Portnoy is continuing to back XRP and bitcoin during a sharp crypto sell-off, maintaining his buying strategy even as prices have moved lower, signaling conviction rather than a short-term price call.

Japanese tech firms Startale and SBI Holdings introduce Strium Network, a blockchain platform designed to revolutionize trading and settlement of tokenized securities and real-world assets across Asia.

XRP holders are gaining new ways to unlock yield and credit as Flare introduces permissionless modular lending, expanding XRPFi with institution-grade DeFi infrastructure that keeps XRP exposure intact while enabling composable onchain strategies.

Bitcoin plunged below $70,000 for the first time since November as the broad selloff dragged total crypto capitalization to $2.47 trillion. Some experts warn of deeper corrections toward $67,000, while others frame the drop as a healthy reset, predicting eventual new highs in 2026 amid volatility.