Bitcoin Breaks Down 📈 The Daily Chart Report
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Today’s Summary
Tuesday, February 3, 2026
Indices: Russell 2000 +0.31% | Dow -0.34% | S&P 500 -0.84% | Nasdaq -1.55%
Sectors: 5 of the 11 sectors closed higher. Energy led, gaining +3.24%. Tech lagged, dropping -2.19%.
Commodities: Crude Oil rose +2.60% to $63.75 per barrel. Gold rose +6.70% to $4,963 per oz.
Currencies: The US Dollar Index fell -0.25% to $97.36.
Crypto: Bitcoin is currently down -3.28% at $76,068. Ethereum is down -2.77% at $2,280.
Volatility: The Volatility Index rose +10.15% at 18.01.
Interest Rates: The US 10-year Treasury yield fell to 4.267%.
Here are the best charts, articles, and ideas shared on the web today!
Chart of the Day
🏆 Today’s Chart of the Day was shared by Jim Bianco (@biancoresearch).
- Bitcoin ($BTC) made new 52-week lows during intra-day trading today, fully erasing its post-election rally.
- The decline now measures roughly -40% from all-time highs, broadly in line with Bitcoin’s average historical drawdown.
- With its prior cycle highs near $70k, a failure to hold this level would further confirm that a crypto bear market is underway.
The Takeaway: Bitcoin's trend continues to deteriorate, completely unwinding its post-election advance.
Quote of the Day
“The essence of investment
management is the management
of risks, not the management of returns.”
- Benjamin Graham
Top Links
January Barometer Rules: No Other Month Comes Close - Almanac Trader
Jeff Hirsch outlines what a positive January implies for full-year returns.
What’s Going On with the Dollar? - The Big Picture
Barry Ritholtz breaks down the impact of a weak U.S Dollar.
Attention Earthlings: Stocks Exist Outside the United States - TrendLabs
JC Parets examines the long-term breakout in emerging markets.
Walmart (WMT): The First Trillion Dollar Big Box - Bespoke
Bespoke highlights Walmart’s entry into the trillion-dollar cap club.
AMD Case Study: Trend Phases, Earnings Risk, and the “Nothing Burger” Range - StockChartsTV
David Keller uses AMD to illustrate different phases of market trends.