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I think investors are getting nervous about Robinhood's bitcoin correlation, says Jim Cramer
Youtube· 2026-02-07 00:36
Group 1 - Robinhood's stock is closely aligned with Bitcoin's price, raising concerns about its reliability as a store of value and hedge against inflation due to Bitcoin's recent decline [1] - The cryptocurrency is viewed as a speculative asset, losing its appeal as it plummets in value, which may affect Robinhood's reputation [2] - The performance of companies like Verdive, which produces power and cooling equipment for data centers, is uncertain and may depend on market sentiment [3] Group 2 - McDonald's is facing challenges due to beef prices but is expected to regain value, especially with tariff cuts on Argentinian beef potentially benefiting the company [3] - Texas Roadhouse's stock performance is under scrutiny, particularly in comparison to T-Mobile, which is experiencing slower growth [4]
This is typical volatility for bitcoin, says SkyBridge's Scaramucci
Youtube· 2026-02-06 22:02
Core Viewpoint - The current state of Bitcoin reflects typical volatility, influenced by institutional adoption and regulatory clarity, with a notable recent price fluctuation. Group 1: Market Dynamics - Bitcoin has experienced significant price movements, including a 25% drop followed by a 9-10% rise, indicating typical market corrections for this asset class [9]. - The fear and greed index for Bitcoin is currently at 5, one of the lowest in its history, suggesting overwhelming fear in the market [8]. - Institutional involvement, including the rise of ETFs and digital asset treasury companies, has not yet stabilized Bitcoin's price, which remains subject to high volatility [6][10]. Group 2: Regulatory Environment - The Clarity Act is seen as a crucial factor for institutional adoption, with many institutions waiting for clearer regulatory guidance from the US government before fully engaging with Bitcoin [5]. - Some Democratic senators believe that regulatory clarity will eventually be achieved, which could influence market dynamics positively [6]. Group 3: Demographics and Adoption - The demographics surrounding Bitcoin are still relatively young, which contrasts with older investors who prefer traditional assets like gold and silver [4]. - The early adoption phase of Bitcoin is characterized by significant price fluctuations, similar to the early years of Amazon, where substantial corrections were common [10].
BITB: Further Downside Likely Before Reaccumulation Kicks Off
Seeking Alpha· 2026-02-06 18:52
The price of Bitcoin has fallen from its all-time high (ATH) by 44% and continues in free fall since October 7, 2025, when it hit $126,000. Today it is a $70,000 price tag and continues to slide downwards. It was onAnalyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other tha ...
136-year-old investment firm predicts next Bitcoin crash
Yahoo Finance· 2026-02-06 17:24
I am pretty sure no crypto trader who experienced Oct. 10 ever imagined they would have to endure so many brutal sell-offs afterward. Fast-forward to today, and the crypto market resembles the landscape after a hurricane. Battered, scattered, and struggling to come back to normal. The Crypto Fear and Greed Index has plunged into single digits, flashing "Extreme Fear" at the score of 9. Bitcoin is down nearly 47% from its October peak and is changing hands around $66,900 at press time. And if there’s any ...
5 Securities & Exchanges Stocks to Watch Amid Increased Volatility
ZACKS· 2026-02-06 17:20
A compelling and diversified product portfolio helps drive the revenues of Zacks Securities and Exchanges industry players. A rise in trading volumes, product expansion through prudent acquisitions and the increased adoption of a greater number of crypto assets are expected to benefit S&P Global (SPGI) , Intercontinental Exchange (ICE) , CME Group (CME) , Nasdaq Inc. (NDAQ) and Cboe Global Markets (CBOE) . Increased focus on accelerating their non-trading revenue base, which comprises market technology, lis ...
Crypto Market Sell-Off: 1 High-Conviction Cryptocurrency to Buy and 1 to Avoid
Yahoo Finance· 2026-02-06 16:40
2026 hasn't been kind to cryptocurrency investors so far. Most of the top tokens declined as investors fretted over elevated interest rates, challenging macroeconomic headwinds, and competition from traditional commodities like gold and silver. However, instead of shunning the entire crypto industry, investors should probably just be more selective with the coins they buy. It's still smart to buy blue chip leaders like Bitcoin (CRYPTO: BTC), but it also might be better to avoid altcoins like Shiba Inu (CR ...
Cathie Wood's Ark Invest Dumps Coinbase Shares Amid Bitcoin Crash
Yahoo Finance· 2026-02-06 16:21
Ark Invest, the firm of noted tech investor Cathie Wood, sold more than $19 million in shares of crypto exchange Coinbase (COIN) on Thursday—just days after buying more COIN—as Bitcoin’s price fell rapidly to a bottom of nearly $60,000. The firm sold 119,236 shares of COIN across three of its actively managed ETFs as shares of COIN fell to their lowest price since last March. Shares in the American crypto exchange have now fallen almost 48% over the last six months, despite a jump of nearly 9% on Friday to ...
Bitcoin bloodbath erases Trump gains
Yahoo Finance· 2026-02-06 14:40
Core Insights - Bitcoin has dropped below $64,000 for the first time since 2024, erasing all gains made after President Trump's election victory, amidst a broader sell-off in crypto and tech assets [1] - The cryptocurrency experienced a nearly 13% decline, marking its largest single-day drop in years, with leveraged traders forced to liquidate positions [2] - Bitcoin's value has decreased by about half since its all-time peak of over $126,000 in late 2025, as skepticism grows regarding the sustainability of price support from pro-crypto policies [3] Market Context - The downturn in crypto coincides with losses in high-growth tech stocks and other risk assets, with the S&P 500 and Nasdaq experiencing declines due to concerns over valuations and slowing earnings growth [4] - The crypto market has lost approximately $2 trillion in value since its peak in October, driven by stock market volatility and weakening sentiment towards cryptocurrencies and tech equities [4] - Liquidations exceeding $1 billion in Bitcoin positions have contributed to downward pressure on prices [4] Investor Behavior - There has been an increase in exchange-traded outflows from U.S. spot bitcoin funds as investors shift towards traditional assets, reducing market liquidity and increasing vulnerability to price fluctuations [5] - The current market phase is characterized by a lack of aggressive institutional buying, with many large investors opting to liquidate positions rather than defend them, leading to a sentiment described as "full capitulation mode" [6] - The ongoing retreat has transitioned into a "crypto winter," indicating a prolonged bear market where prices decline for an extended period and confidence in the asset class diminishes [7]
CIMG Inc. Receives 2025 "High-Quality Listed Company Award" Recognition
Prnewswire· 2026-02-06 14:20
HONG KONG, Feb. 6, 2026 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners' sales growth and commercial value, today announced that it has received the "High-Quality Listed Company Award" under the 2025 Caiwen Awards, in recognition of its performance in business strategy upgrades and sustainable value creation. The "High-Quality Listed C ...
IREN Stock Stutters. It's a Story of Crypto Pain and AI Gains.
Barrons· 2026-02-06 13:46
Core Viewpoint - IREN stock is facing challenges due to concerns regarding its cryptocurrency mining operations, despite the company's shift towards artificial intelligence computing [1] Group 1: Cryptocurrency Mining Operations - The company has experienced negative sentiment surrounding its cryptocurrency mining activities, which has impacted its stock performance [1] Group 2: Shift to Artificial Intelligence - IREN is pivoting towards artificial intelligence computing as part of its strategic direction, indicating a potential long-term growth opportunity [1]