Market Wrap

Tom Lee says stop timing the bottom and start buying the dip
Thomas Lee, speaking on stage at Hong Kong Consensus 2026, said investors should be looking at opportunities as crypto is in the midst of a "mini winter."

Bitcoin spirals toward $60,000, heading to worst one-day drawdown since FTX blowup
One analyst points to the 200-day moving average — currently around $58,000 to $60,000 — as a potential support level to watch.

Bitcoin falls back to $74,000, remaining on defense as AI jitters shake tech sector
AI infrastructure stocks like HUT 8, IREN, and Cipher Mining are plunging as AMD sinks 14% following fourth quarter results.

Bitcoin bounce fails, with price falling back to $77,000 while precious metals renew surge
Silver is higher by nearly 15% on Tuesday, while gold is nearing $5,000 per ounce after a 6.5% gain.

Precious metals crash, with silver plunging 35%, gold falling 12% while bitcoin holds at $83,000
Crypto bulls who have theorized that bitcoin can't begin rising until money flows out of red-hot precious metals are about to find out if they were correct.

Bitcoin holds $84,000 — for now — but analysts warn of drop to $70,000 if support fails
Thursday's decline showed that, despite hopes for being a macro hedge, bitcoin continues to trade like the riskiest of risk assets when markets turn lower.

Bitcoin tumbles to 2026 low of $85,200 as gold reverses big gains, Microsoft leads Nasdaq lower
Soaring to $5,600 at one point earlier on Thursday, gold quickly pulled back to below the $5,200 level in U.S. morning trade.

Bitcoin remains subdued as gold races to new record above $5,400 following Jerome Powell remarks
Gold fans rushed in to buy as the Fed chair said he took no macro signal from the raging bull market in precious metals.

Bitcoin climbs above $89,000 as U.S. dollar tumbles on President Trump's remarks
The president said he isn't concerned about the dollar's recent declines, sending the greenback plunging even lower.

Bitcoin surges to $91,000, showing signs of life on suspected Bank of Japan intervention
Having earlier breached $100 per ounce for the first time ever, silver has risen to $101, while gold sits just shy of $5,000 per ounce.

