Polymarket traders are pricing in a 27% probability that Donald Trump will launch a new cryptocurrency by year-end. The Implications Of Trump's Crypto Ambitions On Tuesday, Trump Media & Technology Group issued an official press release confirming the record date for its “Digital Token Initiative.” DJT Shareholders as of that date will be eligible to receive digital tokens tied to the Truth Social platform. Benzinga reported on this initative last December. Don't Miss: The current tokens are describe ...

Core Insights - Bitcoin's volatility index (BVIV) has surged to its highest level since the FTX collapse, indicating significant market panic as prices fell to nearly $60,000 [1][3] - The BVIV, akin to the Cboe's VIX for traditional markets, reflects heightened implied volatility during periods of market distress [2] Market Reaction - A wave of panic has swept through crypto markets, with Bitcoin's 30-day implied volatility rising from just over 40% to 95% in a few days, levels not seen since late 2022 [3] - Traders have shown increased demand for options, particularly put options, as Bitcoin's price dropped from $70,000 to nearly $60,000, indicating a protective stance against further declines [5] Volatility Dynamics - The volatility markets reacted sharply to the recent price drop, with front-end volatility surging as dealers adjusted for near-term risks, while longer-dated volatility remained lower, resulting in a steeply inverted volatility curve [6] - There is a significant demand for downside protection among institutional clients, as fears grow that the price crash could lead to substantial losses for firms that purchased Bitcoin at higher levels [7]

A U.S. advisory urging American citizens to “leave Iran now” is circulating again online, adding another layer of headline risk to a crypto market already wobbling on high volatility and forced liquidations. Officials have since clarified the warning itself is not new and was first issued in mid-January. Still, the timing matters. The advisory is resurfacing just as the U.S. and Iran prepare to hold nuclear talks in Oman on Friday, with President Donald Trump publicly warning Iran’s Supreme Leader Ayatoll ...

Market Overview - Bitcoin experienced a sharp rebound in Asia after a significant sell-off that brought its price close to $60,000, marking a decline of over 50% from its peak in October [1] - The cryptocurrency fell as much as 4.8% to around $60,033 before recovering to a high of $65,926, following a 13% drop, the largest single-day decline since November 2022 [1] Liquidation and Trading Activity - The rebound was accompanied by a surge in liquidations, with approximately $700 million in crypto positions being wiped out in four hours, including $530 million in long positions and $170 million in shorts [2] - This indicates that traders were initially caught off guard during the decline and then mispositioned during the rebound [2] Market Sentiment and Support Levels - The $60,000 price point has become a psychological support level for traders, with indications of strong support around this mark, although overall market sentiment remains fragile [3] - The broader crypto market has been unstable, influenced by a series of liquidations and turbulence in global markets, leading to a decline in confidence among investors [4] Impact on Companies - Bitcoin's price weakness is affecting crypto-related companies, as evidenced by Strategy, led by Michael Saylor, which reported a $12.4 billion net loss in the fourth quarter due to declines in its bitcoin holdings [5] - Despite the recent bounce in bitcoin's price, the market appears to be driven more by leverage than by strong conviction among traders [5]

Group 1: Robinhood - Robinhood shares have declined approximately 40% from their 52-week high, entering oversold territory due to a steep selloff despite weak momentum [1] - ARK Invest purchased around $32.7 million worth of Robinhood shares, betting on potential long-term benefits from proposed "Trump Accounts" and a technical rebound [1] - ARK funds collectively acquired 89,677 shares of Robinhood, valued at about $7.8 million [1] Group 2: Coinbase and Crypto Market - Shares of Coinbase and other crypto-related companies fell as Bitcoin dropped below $80,000, influenced by a tightening U.S. liquidity environment affecting high-risk assets [2] - Coinbase's stock price decreased by 4.36%, closing at $179.66, while ARK Invest's ARKF fund bought 3,510 shares of Coinbase for approximately $630,606 [3] - The global crypto market cap fell to $2.59 trillion, with Bitcoin sliding below $73,000, leading to over $750 million in liquidations amid "extreme fear" sentiment [5] Group 3: Circle and Other Investments - ARK Invest's ARK Innovation ETF and ARK Blockchain & Fintech Innovation ETF acquired 42,878 shares of Circle, valued at approximately $2.4 million based on a closing price of $56.16 [4] - ARKF and ARKW funds purchased a total of 135,131 shares of ARK 21Shares Bitcoin ETF, valued at around $3.4 million, despite a 1.97% decline in the ETF's value [7] - ARKK fund bought 145,488 shares of Bitmine Immersion Technologies for about $3.25 million, aligning with Ark's focus on cryptocurrency infrastructure [8] Group 4: Bullish and Other Trades - ARKF and ARKK funds purchased a total of 125,218 shares of Bullish, valued at approximately $3.5 million, with Bullish's stock declining by 3.93% [11] - Ark's investment in Bullish aligns with its strategy of supporting companies involved in digital asset trading, with Bullish representing 1.15% of Ark's portfolio [12] - Other notable trades include significant purchases across various companies, reflecting Ark's active investment strategy in the current volatile market [6][20]

Core Insights - Bitcoin has experienced a significant decline, with a drop of over 50% from its all-time high of $126,080 in October 2025, raising concerns about a potential bear market in the crypto sector [2][3] - The recent downturn has led to over $1.4 billion in liquidations within a 24-hour period, indicating heightened volatility and stress in the market [2][4] - Analysts are divided on whether the current selloff marks the beginning of a prolonged crypto winter, with some suggesting that the historical four-year cycle may be coming to an end [5] Price Movement - Bitcoin's price fell sharply from approximately $73,100 to a low near $60,255, marking one of its largest single-day declines of about 14% since November 2022 [1][2] - Following this drop, Bitcoin has partially recovered, trading down more than 10% on the day to around $64,400 [2] Market Sentiment - The current drawdowns in Bitcoin have surpassed the typical thresholds used to define bear markets, which is a decline of about 20% or more from recent peaks [3] - The broader risk sentiment remains weak, contributing to the ongoing volatility in the crypto market [3] Industry Impact - The downturn is putting pressure on Bitcoin miners and corporate crypto treasuries, as falling prices are squeezing margins and weakening balance sheets [4] - There are concerns about potential capitulation, consolidation, or forced selling within the industry due to these financial pressures [4] Future Outlook - Some analysts caution that the selloff may not be over, with macro pressures and leverage unwinds potentially pushing Bitcoin towards lower support levels, with $38,000 identified as a possible downside target [5] - Despite the current challenges, there are indications that fundamentals may be improving, leading to a belief that a prolonged downturn may not be imminent [5]

By Gertrude Chavez-Dreyfuss and Amanda Cooper NEW YORK/LONDON, Feb 6 (Reuters) - Bitcoin climbed back above $70,000 on Friday, after sinking to a 16‑month low earlier, lifted by a sharp rebound in technology shares and precious metals following a global rout that had hammered a broad swathe of risk assets. The world's ​largest cryptocurrency was last up more than 11% at $70,231, rising as high as $71,464.96 and recouping losses that pushed it to $60,017.60, the lowest level since October ‌24, earlier o ...

Bitcoin made a 16-month low and tested key $60,000 support on Friday, as a global selloff in technology stocks deepened and washed out risky bets across asset classes. ...

Group 1 - Bitcoin experienced a significant drop, reaching a low of $60,000, with a daily decline exceeding 11%, marking a decrease of over 52% from its historical high of $126,000 in October 2025 [1] - Major cryptocurrencies such as ETH, SOL, and DOGE also fell by more than 10%, with nearly 590,000 liquidations occurring globally, totaling over $2.7 billion [1] Group 2 - The cryptocurrency market is facing a "crisis of confidence," with opinions diverging on its future, as some analysts suggest that Bitcoin's narrative as "digital gold" is weakening [5] - A bearish sentiment is prevalent, with analysts indicating that Bitcoin has entered a bear market, and the current trading patterns are distinctly "bearish," suggesting a phase of capitulation among market participants [5] Group 3 - Market experts express skepticism about Bitcoin reaching new all-time highs in 2026, with some advising major holders to remain patient as significant price increases may not occur in the next 1,000 days [6] - The stance of the new Federal Reserve Chairman, particularly regarding cryptocurrency policies, is a point of interest, especially given past positive remarks about Bitcoin as a "new gold" for younger generations [6] - Historical patterns indicate that Bitcoin took 28 months to recover after its peak in 2021, and the current downturn may lead to a prolonged period of low prices, heavily influenced by market sentiment and belief [6]

ROMAINE: ALREADY ROUGH-AND-TUMBLE WEEK GETS A BIT ROUGHER. LIVE FROM STUDIO 2 AT HEADQUARTERS IN NEW YORK, I AM ROMAINE BOSTICK. KATIE: I AM KATIE GREIFELD.LET'S LOOK AT WHERE WE STAND. WE ARE OFF OUR WORST LEVELS OF THE SESSION, BUT THAT'S NOT REALLY GOOD NEWS BECAUSE WE ARE DOWN 1% WHEN IT COMES TO THE S&P 500, A LITTLE MORE WHEN IT COMES TO THE NASDAQ 100. ANOTHER IMPORTANT DAY FOR THE TECH SECTOR.WE HAVE AMAZON REPORTING AFTER THE BELL. A LOT OF RED ON THE SCREEN. THAT IS SENDING A HAVEN BID INTO THE BO ...