This Week's Market Wrap: Crypto Shock, Software Slump, And The AI Repricing Cycle
Source: SeekingAlpha
2026-02-06 23:00:00 ET
By Ryan J. Puplava
Crypto’s Drawdown, Not a Side Show
Digital assets delivered one of the week’s most consequential shocks to risk appetite - likely sparred on by the deep sell-off in silver last week. Bitcoin’s ( BTC-USD ) plunge below key psychological levels early in the week - at one point breaking under $70,000 and briefly threatening the $60,000 handle - triggered forced liquidations from margin calls, ETF outflows, and a cascade of deleveraging across the crypto ecosystem....
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This Week's Market Wrap: Crypto Shock, Software Slump, And The AI Repricing Cycle
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