Real Vision: Finance & Investing Crypto Winter Deepens: BTC Hits $69K, Tech Crashes, Silver Melts Down
12 snips
Feb 5, 2026 Markets flip to risk-off with Bitcoin tumbling to $69K and crypto fear spiking. Tech stocks take a beating as major chipmakers and Big Tech slide. Silver and gold see violent moves while oil reacts to US–Iran talks. Central bank pauses, UK political turmoil shakes the pound, and headline macro data paints a mixed picture.
AI Snips
Chapters
Transcript
Episode notes
Rate Pauses With UK Political Risk
- The ECB and Bank of England held rates while the BOE signaled easing may be nearing an end.
- UK political turmoil pushed the pound lower and raised domestic borrowing costs.
Markets Shifted Into Risk-Off
- Global markets moved decisively into risk-off as central banks paused and tech stocks plunged.
- Raoul Pal highlights interconnected weakness across rates, FX, metals, oil and crypto signaling broad liquidity stress.
Tech Earnings Spark Major Sell-Off
- Tech stocks led the sell-off with major earnings and guidance misses hitting prices hard.
- AMD plunged 17% and other chip names like Qualcomm and SoftBank-related holdings showed deep weakness.