News/Daily Market Wrap | Feb. 05

Daily Market Wrap | Feb. 05

Feb 05,2026,17:51

Hot Topics

  • Silver plunges 17%, reigniting leveraged tokenized metal liquidations.
  • Bitcoin slides below $71,000 to lowest since October 2024 amid tech selloff and ETF outflows.
  • Tether's USDT adds record 35.2 million users in Q4 2025, reaching 534.5 million total amid market downturn.

Market Updates

  • SBI Holdings unveils Strium Network proof-of-concept, a Layer 1 blockchain co-developed with Startale for tokenized securities.
  • Multicoin co-founder Kyle Samani steps back from the firm to explore AI and other tech, continuing Solana advocacy.
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