Bitcoin news

07 Feb, 2026
Michael Burry's latest two-word post — “$BTC Patterns” — came with a simple annotated chart and ignited a debate: was he flashing a warning, or quietly handing Bitcoin (CRYPTO: BTC) bulls a roadmap? The famed bubble-watcher has been bearish before, but the chart highlights near-identical boom-bust-base sequences in Bitcoin's history, the kind that sometimes end with a sustained rebound. $BTC Patterns pic.twitter.com/Ax595mNXrD— Cassandra Unchained (@michaeljburry) February 4, 2026 Don't Miss: Pr
The error was quickly corrected, Bithumb said, but not before some users sold off their Bitcoin, temporarily crashing its listed price.
None of it started in the equities market, but together it was enough — along with a reckoning for software firms — to shake the foundation of an AI-driven bull run. “When investors get nervous, it’s often the most stretched areas of the global financial markets that feel the pain first,” said Mike Dickson, head of research and quantitative strategies at Horizon Investments. The tumult that earlier in the week wiped out more than $1.5 trillion in value from US equities left investors questioning some underlying assumptions.
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.”
11:25
Yahoo! Finance
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.
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.
06 Feb, 2026
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.
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Bitcoin miner Iren missed expectations for quarterly results late Thursday, but AI revenue picks up. Bitcoin price unravels.
The Bitcoin price bounced emphatically off support at $60,000 in the first strong signal of bottoming activity, after giving up all of its Trump rally gains – but is it Trumpism in crypto that is at the root of crypto’s ills? There’s certainly more hope in the air as the ...
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
00:35
Seeking Alpha