News/Daily Market Wrap | Feb. 06

Daily Market Wrap | Feb. 06

Feb 06,2026,17:22

Hot Topics

  • JPMorgan analysts said the long-term Bitcoin price will reach $266,000, citing greater attractiveness than gold.
  • MARA Holdings transfers ~1,317 BTC worth $87 million to institutional addresses amid crypto selloff.
  • Tether invests $150 million in Gold.com.

Market Updates

  • Strategy CEO says Bitcoin must plunge to $8,000 and stay low for years to threaten balance sheet.
  • Iris Energy and CleanSpark shares extend selloff after missing revenue estimates in latest quarterly earnings.
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