Bitcoin news

Bithumb had intended to award 620,000 won ($424) to winners of a promotion, but an employee keyed in Bitcoin instead of the Korean currency, Yonhap News reported, citing people it didn’t identify. “As some of the accounts proceeded to sell the credited Bitcoin, the Bitcoin price experienced a brief yet sharp fluctuation.”

Crypto market relief rally lifts total cap $211 billion, Bitcoin tests $70,000, and XDC leads altcoin gains amid broader volatility.

A South Korean cryptocurrency exchange apologised on Saturday after mistakenly transferring more than $40 billion worth of bitcoin to users, which briefly prompted a selloff on the platform.Bithumb said it accidentally sent 620,000 bitcoins, currently worth more than $40 billion, and blocked trading and withdrawals for the 695 affected users within 35 minutes after the error occurred on Friday.

A rough week that battered stocks and crypto also clarified gold's standing, not as a safe-haven asset, but as another investment with volatile, stock-like elements.

US stocks soar to their best day since May as the Dow tops 50,000 and bitcoin stops plunging

The U.S. stock market roared back, as technology stocks recovered much of their losses from earlier in the week and bitcoin halted its plunge, at least for now

The Dow Jones Industrial Average surged more than 1,200 points Friday, leading a broader stock-market rebound.

“Bitcoin is crashing and investors are freaking out,” Anthony Pompliano, a crypto evangelist and investor, wrote Friday. “There was no smoking gun,” said Michael Novogratz, who runs Galaxy Digital, a crypto merchant-banking and trading firm. President Trump’s return to the White House ushered in a new era for digital assets, which continued to gain acceptance among individual investors and legitimacy on Wall Street.

Resurgent technology stocks drove the rebound after a volatile week, while bitcoin also recouped losses.

Spot silver was up nearly 10% to almost $78 an ounce by late afternoon in New York on Friday, having earlier tumbled toward $64. Gold also advanced after an earlier retreat. Silver has always been subject to more violent price swings than gold, due to its smaller market and lower liquidity.

Find insight on Roblox, Strategy, Lightspeed Commerce, BCE and more in the latest Market Talks covering Technology, Media and Telecom

Bitcoin miner Iren missed expectations for quarterly results late Thursday, but AI revenue picks up. Bitcoin price unravels.

“We can’t catch a break,” said David Duong, Head of Global Research, Coinbase Institutional, as he discussed the current state of the crypto market, institutional adoption and Euro-Stabelcoins. “We saw ETF outflows in December, and a big part of that had to do with tax loss harvesting and other things. ...

On Friday, the original digital currency surged the most in almost three years to recoup almost all of the losses registered during Thursday’s crypto market meltdown that had dragged the token down more than 50% from its October peak. The dizzying swings of around 13% have helped to reignite a jump in the volatility that traders traditionally relish because of the potential profit opportunities. Bitcoin rose as much as 13% to $71,469 on Friday.

Although tech stocks and cryptocurrencies suffered recent falls, investors largely shrugged off geopolitical tensions

The Dow Jones Industrial Average soared roughly 1,200 points and topped the 50,000 level for the first time, while the Nasdaq composite rallied 2.2%. Chip companies helped drive the gains on hopes for more big spending by customers diving into AI technology. Stocks also got a boost from a better reading on sentiment among U.S. consumers.

Bitcoin was rebounding after tumbling early Friday to around $60,000 in a slide that wiped out all of its gains since President Donald Trump’s election win 15 months ago. Bitcoin was trading at $70,334 in late afternoon, a nearly 11% move upward over the past 24 hours. The crypto slump has been brutal in recent days, exacerbated by a selloff in software stocks triggered by concerns over artificial-intelligence automation.

The YieldMax MSTR Option Income Strategy ETF (NYSEARCA:MSTY) is delivering what appears to be an absurd dividend yield, but the mechanics behind those payments reveal a high-risk strategy tied directly to Bitcoin’s volatile price action. With Bitcoin down 41% from its January 2025 peak of $109,358 to $64,050 as of February 6, 2026, the sustainability ... MSTY’s 102% Yield Collapses Alongside Bitcoin’s Meltdown

Volatility returned to markets yesterday, triggering a tech rout. Among the unusually active options on Thursday were 278 calls and puts with Vol/OI ratios of 15 or higher. Among them, these 3 stocks offer options investors significant profit potential. Volatility returned to markets yesterday, triggering a tech rout. Among the unusually active options on Thursday were 278 calls and puts with Vol/OI ratios of 15 or higher. Among them, these 3 stocks offer options investors significant profit pot

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