RocketBull
02-06 18:57

🚨🚨🚨Markets are currently experiencing a sharp risk-off correction driven by a sell-off in big tech and uncertainty over AI returns.

Market Summary

 * Stocks: Major U.S. and Asian indices are down. Tech stocks (Alphabet, Amazon, Qualcomm) are leading the decline due to heavy AI spending and weak labor data.

 * Crypto: Bitcoin has plunged to ~$64,000, nearly half its October peak. Over $1 billion in positions were liquidated in 24 hours amid institutional outflows.

 * Commodities: Silver and gold have seen significant drops as investors exit speculative positions to cover broader portfolio losses.

The Bottom Line: Markets are in "capitulation mode" as liquidity thins and recession fears grow.

$iShares Bitcoin Trust(IBIT)$  $SPDR S&P 500 ETF Trust(SPY)$  $Cboe Volatility Index(VIX)$  

Bitcoin Bloodbath to $60K: Bottom In or More Pain?
Bitcoin plunged 12% on Thursday to a 16-month low near $60,000, before rebounding toward $65,000 as global risk assets sold off. Liquidation data underscore the stress: $1.7B in crypto long positions were wiped out in 24 hours, with roughly 400,000 traders forced out, according to Coinglass. The move suggests a classic deleveraging wave rather than a single-asset shock, tightening liquidity across the complex. Is this capitulation signaling a tradable bottom? Does macro-driven risk aversion mean Bitcoin’s downtrend still has room to run?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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