Welcome to the US Crypto News Morning Briefing — the key summary you need to know about the most important movements in the crypto industry for today
Grab a cup of coffee because the market has just sent signals that don’t come with clear headlines. Gold, silver, and crypto are all moving in the wrong direction together, making investors feel uncertain and needing to find out what has quietly changed beneath the surface
Crypto news today: Bitcoin, gold, and silver are down.
More than 10 trillion USD has been wiped off gold and silver in just three days, marking one of the largest and fastest wealth destruction events in modern metal market history.
This sharp decline has shaken the global market and raised urgent questions about liquidity, monetary policy, and whether traditional assets once seen as "safe havens" are losing their protective role.
Spot gold prices fell below 4,500 USD per ounce, down nearly 1,000 USD within three trading days, while silver plunged below 72 USD and continued to lose about 40% from its recent peak.
If only considering market value, gold has lost approximately 7.4 trillion USD, while silver has lost an additional 2.7 trillion USD, totaling more value lost than the entire crypto market. As of this writing, gold is trading at 4,702 USD while silver is trading at 81.59 USD.
What makes this movement particularly alarming is the lack of a clear cause. There are no geopolitical shock events, recession signals, or inflation surprises, but the market seems to be reassessing the future defined by the Fed's aggressive balance sheet reduction.
"The market is responding to the message of the new potential Fed chairman Kevin Warsh: 'The Fed should reduce its balance sheet,'" Coin Bureau wrote, noting that Warsh argued that the Fed's balance sheet of about 7 trillion USD is "several trillion USD larger than necessary."
The argument states that a smaller balance sheet means reduced liquidity supporting the stock market, crypto, and even metals.
Panic Spreads as Crypto Joins Safe Assets in Decline
The impact is not limited to precious metals, as the crypto market itself has lost more than 430 billion USD in just four days.
This indicates concerns that liquidity-driven sell-offs are spreading across various asset groups; Bitcoin and Ethereum are both facing severe corrections, while overall sentiment in the crypto market is quickly deteriorating.
Gold has fallen 20% from its peak, with a market value loss of up to 7.4 trillion USD, which is more than five times the total market value of Bitcoin, while silver has dropped nearly 40%, losing 2.7 trillion USD, equivalent to the entire crypto market value. Assets that were supposed to be safe are moving like crypto memecoins, as noted by analyst Bull Theory.
Investor psychology is also starting to shake as reports indicate that many investors are more rattled this time than during the crypto market crash in 2022.
Some are turning to gold as they still want to be on the strong money train, Natalie Brunell wrote, warning to differentiate fear-driven price movements from Bitcoin's long-term concept.
At the same time, some strategies remain bullish on gold in the long term, as even during this period of low prices, Deutsche Bank continues to forecast gold prices at 6,000 USD as before.
This reflects the gap between short-term sell-off pressures and the long-term financial hedge strategy.
At the same time, some see historical similarities, as analyst Zev compares the current gold price rebound and decline to the peaks of 1980, warning that the biggest risk may not be a total collapse but a prolonged stagnation following a sharp price increase.
Safe assets ≠ Buy at any price, he warned.
At the same time, in a recent interview, Tom Lee from Fundstrat reasoned that the underperformance of crypto compared to gold in recent times was due to last October's historic deleveraging event, which affected the crypto market structure.
While reaffirming the idea of Bitcoin as digital gold, Lee warned that its adoption path will remain volatile, with 2026 emerging as a critical strength test point.
Daily Highlight Chart
This is a summary of crypto news in the US that investors should follow today:
Is this the bottom for Bitcoin? While there are 3 indicators still pointing to significant risk levels at 63,000 USD.
Bitcoin's decline has caused MicroStrategy to face paper losses of about 1 billion USD.
Ripple released 1 billion XRP while prices continue to weaken into February.
Binance starts supporting central bank-style markets with 100 million USD amid falling Bitcoin prices.
Outflows from the crypto market hit 1.7 billion USD, but tokenized metals still attract inflows.
Not BitMine of Tom Lee: This company is facing forced sales of ETH worth 1.33 billion USD from a price drop of 26%.
Strategy (MSTR) earnings are one of the 5 key US data points that will affect the Bitcoin market this week.
Summary of crypto stocks in the market before opening.
Company closing prices as of January 30 before the market opens: Strategy (MSTR) USD 149.71, USD 139.47 (-6.84%), Coinbase (COIN) USD 194.74, USD 187.89 (-3.52%), Galaxy Digital Holdings (GLXY) USD 28.26, USD 27.03 (-4.35%), MARA Holdings (MARA) USD 9.50, USD 9.04 (-4.84%), Riot Platforms (RIOT) USD 15.47, USD 14.79 (-4.40%), Core Scientific (CORZ) USD 17.99, USD 17.92 (-0.39%).
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