Nearly $500 billion was wiped from crypto as Bitcoin fell to $72,877, its lowest since Trump’s re-election, raising doubts about its “digital gold” status.
At the interbank foreign exchange market, the rupee opened at 90.35 against the US dollar, then lost ground and fell to 90.54, registering a loss of 22 paise over its previous close
Forex traders said investors are trading with caution as the India-U.S. trade deal still awaits formalisation
Property sales in Cyprus recorded a double-digit increase at the start of 2026, as transactions rose by 11 per cent year on year in January, according to data released by the department of lands and surveys. In total, 1,411 properties changed hands during the month, compared with 1,275 in January 2025. This followed a stronger [...]
While much of the world's developed countries are focused on economic growth, Australians are worried about far more basic food and shelter needs, according to new global research.
Tom Lee—long known for bullish takes—says crypto prices may be close to their floor. According to his comments on TV, he sees signs that buying pressure could return if the economic and on-chain backdrop holds. Related Reading: Gold Vs. XRP: One Asset Just Added 20x The Other’s Market Value During an interview on CNBC, Lee, Fundstrat’s head of research, said the current market setup could improve as fundamentals continue to firm up. That view sits alongside a big loss at his firm, which raises questions about how confident outside observers should be. Market Moves And Capital Flows Reports say capital moved sharply into precious metals as traders sought cover, and that flow drained money away from crypto. Gold and silver had run-ups that drew cash. At the same time, some market players were already light on borrowed positions. That mix left prices more exposed than many expected. “I think as long as crypto fundamentals are good, then crypto prices should follow,” says Tom Lee of @Fundstrat:https://t.co/pldeBkwChZ — Squawk Box (@SquawkCNBC) February 2, 2026 Big Sales And Liquidations About $2.56 billion in Bitcoin liquidations were recorded during the sharp swings this week, as traders closed out positions and risk appetite faded. Reports have disclosed that large sells pushed Bitcoin below key levels, and it dipped under $78,000 for a spell. BitMine, the firm tied to Lee, is reported to be sitting on roughly $6.95 billion in unrealized losses, a fact that complicates any narrative about neutral observers calling a bottom. Signals That Could Mark A Turn Reports note an uptick in Ethereum active accounts and growing work by big financial firms to build products on the network. Those are the kinds of measures that, over time, tend to reflect deeper demand than short-term speculation. A BitMine adviser has projected targets for Bitcoin and Ethereum—$77,000 and $2,400 respectively—and some say those levels could signal exhausted selling if reached. But the market has been jittery, and numbers on the screen can change fast. Policy Noise And Geopolitics Matter Policy moves in Washington have been flagged as a source of extra uncertainty. Some decisions by regulators and lawmakers are viewed as favoring certain firms or sectors, which adds to the uneven tone across risk assets. On top of that, tensions in the Middle East have pushed investors toward safe havens. When politics and geopolitics both push in the same direction, crypto tends to feel that pull. Related Reading: Bitcoin ETF Investors Pull Nearly $3 Billion, Pushing Average Buy Below Water Even if fundamentals look okay, timing is crucial. Liquidity conditions can tighten quickly if sentiment turns, and that can make any rebound short-lived or shallow. Reports say traders are watching for tapering in liquidations and clearer signs that flows into metals have paused before they will step back in with confidence. There is a case that the worst selling has happened. There is also a case that prices can fall further if a shock hits. Featured image from DALL-E, chart from TradingView
Indian stock market outlook for February 4: Nifty 50 and Sensex set for cautious trade after sharp rally on India-US trade deal. Key support and resistance levels explained.
Syria’s energy sector undergoes a transformative process after a decade of conflict, transitioning from severe damage toward a delicate recovery. The downfall of the Assad regime and the instatement of the transitional government in Syria revealed several challenges pertaining to the Syrian energy sector. The first challenge is a shortage of energy due to damaged [...]The post Syria’s energy comeback amid challenges appeared first on Modern Diplomacy.
HTXplains: Can AI really help us make better decisions? HTX | Home Team Science and Technology Agency
Plans for a major overhaul of how water is governed in Wales have been published by the Welsh Government, launching a national consultation on proposals that could reshape regulation, investment and accountability across the water system for decades. The proposals are set out in an 88-page Green Paper, Shaping the Future of Water Governance in [...]
Rare investment-grade rating helps attract insurers and private credit funds to construction debt