Marathon Digital moved 1,318 BTC valued at $86.9 million within a 10-hour window while Bitcoin slid toward $63,000, its lowest level since October 2024. The miner distributed funds across wallets linked to Two Prime, BitGo and a new address, as its shares and other mining stocks declined amid falling hash price, softer revenues, and weather‑related power issues.

In the week leading up to the February 6, 2026 update, silver surged to a yearly high before collapsing nearly 30% last Friday, then repeatedly rebounded and slid, with spot prices hitting $73 per ounce by Thursday night and New York futures at $72.34. UBS flagged one-month silver volatility above 100%, warned that levels above $85 may be hard to sustain without persistent inflows, and highlighted rich option pricing. The sharpest intraday crash occurred on January 30, when the leveraged AGQ ETF was already down heavily and dumped nearly $4 billion in silver futures, while analysts noted that leveraged products and intense retail demand are distorting trading patterns and could keep prices unstable.

Chinese investors are channeling excess liquidity into metals futures, driving sharp gains in copper, gold, and silver despite weak factory demand. As China's M2 money supply rose 8.5% year-on-year in December while quarterly GDP grew 3.9% in late 2025, speculative trading has surged across metals like silver, aluminum, nickel, tin, and steel wire rod. Copper recently climbed above $14,500 per ton before sliding to $12,750 on the London Metal Exchange, with analysts warning that prices remain largely driven by speculation rather than real consumption.

On Thursday, Ripple CEO Brad Garlinghouse responded to a sharp single-day XRP decline by sharing a Warren Buffett quote urging investors to be "greedy when others are fearful." XRP is now trading about 70% below its all-time high of $3.65 and is close to slipping behind Circle's USDC by market capitalization. The Crypto Fear and Greed Index dropped to 9 on Friday, a level seen only during the March 2020 crash and the 2018 and 2022 bear market lows.

In January, Tesla delivered 69,129 China-made electric vehicles from its Shanghai plant, up 9.3% from 63,238 units a year earlier, while competitors lost momentum in a slowing market. The figures from the China Passenger Car Association placed Tesla third behind BYD and Geely, with much of its output likely headed for export as domestic demand remained weak. Rising battery metals, copper, aluminum, and chip costs are squeezing margins across the EV sector, prompting Tesla to roll out aggressive zero-interest and low-rate financing offers in China instead of launching new models.

On Thursday, Tether said it invested $150 million for about a 12% stake in Gold.com and plans to integrate Tether Gold (XAUt) into the platform. The companies are also studying ways for customers to buy physical gold using USDt (USDT) and USAt (USAT), which Tether launched with Anchorage Digital on Jan. 27.

On February 5, Bitcoin's entity-adjusted realized losses climbed to a record $3.2 billion as the price slid around 10% toward $64,000. An on-chain analyst described the move as a capitulation phase that exceeded loss-taking seen during the Luna collapse, the FTX failure and earlier black swan events.

Dogecoin slid below $0.10 and $0.0950, printing a low around $0.080 before stabilizing. It remains beneath the 100‑hour simple moving average, with rebounds capped near $0.0950 and $0.10. A failure to clear those zones risks another decline toward $0.0850, $0.0820, and the $0.080 support, while a break higher would target $0.0985 and $0.1050.