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Dr. Adam Trexler, founder and president of Valaurum, shares his thoughts on gold, identifying a key issue he sees developing in the physical market.

‘There’s a crisis in the physical gold market,’ he said, explaining that sector participants need to figure out how to serve investors who want to own gold, but can’t afford current bar and coin prices.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

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Gold often dominates conversations at the annual Vancouver Resource Investment Conference (VRIC), but silver’s price surge, which began in 2025 and continued into January, placed the metal firmly in the spotlight.

At this year’s silver forecast panel, Commodity Culture host and producer Jesse Day sat down with Maria Smirnova, senior portfolio manager and senior investment officer Sprott (TSX:SII,NYSE:SII); GoldSeek President and CEO Peter Spina; Peter Krauth, editor of Silver Stock Investor and Silver Advisor; and Silver Tiger Metals (TSXV:SLVR,OTCQX:SLVTF) President and CEO Glenn Jessome to discuss silver’s meteoric performance and where it could be headed next.

Significant tailwinds supporting silver

Over the past five years, the silver price has largely stagnated, trading between US$20 and US$25 per ounce until mid-2024 when the white metal crossed the US$30 mark. Even then, the price mostly held steady until 2025, when it crossed the US$35 mark in June, then passed US$40 in September and US$50 in October.

However, the most significant rise came at the start of December, when momentum took over, sending silver on a historic run that pushed it to a record high of US$116 by the end of January.

Behind these meteoric gains was a highly volatile silver market, which, despite strong fundamentals, became highly speculative and attractive to investors seeking an alternative to gold, which is also trading at all-time highs.

“You buy gold to prevent losing money, and you buy silver to make money, to buy more gold,” Spina said.

Silver is in the midst of a six-year structural supply deficit, with the expectation that it will continue through 2026.

A key driver of this deficit is silver’s growing role in industrial applications. Although its biggest gains have come from its use in solar panel production, it’s also important to several other sectors, including automotive and defense.

“We wouldn’t have a modern civilization without silver. It’s used in a myriad of different places, and what is interesting now is that silver is very critical to the national defense of the US, of China, of big superpowers. So it’s becoming weaponized,” Spina explained. He noted that the US designated silver a critical mineral in 2025, placing it alongside copper for strategic purposes, and suggested that stockpiling is likely underway.

In addition to demand driving the silver price, Spina also noted that investors who had been absent from the market for many years moved into net-buying positions last year, which has helped to accelerate the market.

“Its more serious than the gold market, because silver is so essential in our daily lives,” Spina said.

While demand increases, a serious situation is developing on the supply side. The majority of silver produced today comes as a byproduct from mining other metals like copper and zinc.

Jessome outlined how perilous the supply side is, noting that in 2025 there were just 52 primary silver mines worldwide; by the end of 2026, that number is expected to fall to 46, and in 2027 to 39.

With so few mines and high prices, the expectation is that there would be new production set to come online, and although there are some in the pipeline, including Jessome’s Silver Tiger, the reality is that starting a new mine is fraught with challenges. He noted that, from the first drill hole to production, the average time is 17 years.

“From that first drill hole to a commercial mine, it’s one in 1,000. So if you think that we’re going to solve this 39 in the next year, it’s not easy, it’s hard,” Jessome told the VRIC audience.

He continued to explain that, regardless of what happens with the price, people don’t realize there’s not enough silver.

Bull markets, retractions and getting ahead

Even though silver’s fundamentals support high prices, the questions on many lips throughout VRIC were: ‘Is it too much too soon?’ and ‘Is it a bull market or is it a bubble?’

The consensus was that the metal remains in a bull market, but is exhibiting some bubble-like characteristics; investors can expect corrections, but silver will likely maintain momentum.

“We’re multiple percent above the 200 day moving average. This is not something that’s sustainable. If we continue at this pace, it would suck all the money from the markets into this one asset. It’s not likely to continue,” Krauth said just days prior to a significant correction that took the silver price back below US$70.

He pointed to the 2001 to 2011 bull market: silver rose from US$4 to nearly US$50, but along the way, there were corrections. “There were five corrections of 15 percent or more. The average correction was 30 percent. That would take us to US$75, US$80 right now,” Krauth emphasized to the audience at VRIC.

While the expert explained that a silver correction of that magnitude wouldn’t be shocking, he also pointed out that miners would still be pretty happy at those prices.

Given the market volatility, Spina echoed much of Krauth’s belief that there is reason for investors to be excited but also urged caution, commenting, “I would be very, very cautious in trying to trade this, especially with leverage or anything like that, but I do think that we’re in the revaluation phase. Silver could go a lot higher, but along the way, we can get some very vicious pullbacks, and so one has to be ready for those events.’

Smirnova urged calm, and that she was hopeful for a correction, agreeing with Krauth that the parabolic trajectory of silver wasn’t sustainable, and saying she sees gold market as more steady.

She also suggested that, rather than chasing opportunities, investors should be patient and wait for them to come to them, rather than being fearful in such a volatile market.

“I would urge people to think, sit back, and think about the reasons why silver ran in the first place, and whether those reasons are continuing right now, and they will. I think the fundamentals haven’t changed for silver, using corrections as opportunities to reload, to enter, to buy things that you know you like as an investor,” Smirnova said.

Investor takeaway

Overall, the panel was in agreement that the main factors fueling a strong silver market, supply and demand, investment, and a bifurcated market, aren’t going anywhere anytime soon.

Demand for silver goes beyond investment and is set to play a crucial role in the energy transition, AI and technology, and national defense. However, they also agreed that it’s probably run up to fast, and needs a correction, which started to happen on January 29, but none expected the bull market to come to an end.

Smirnova did an excellent job of putting the changing silver market into perspective for investors.

“We mine and produce, between scrap and mining supply, 1 billion ounces a year at US$30. That was a US$30 billion market. At US$100 it’s a US$100 billion market. It’s nothing. We have companies trading at trillion-dollar valuations in the market. The whole silver market is $100 billion a year, so it really does not take a lot of money to move the price, and that’s why I think it’s gone from US$30 to US$100 in no time at all,” she said.

While these price shifts don’t require significant capital inflows, they make a significant difference across the sector. Krauth noted that the price of silver hasn’t really been factored in for silver developers or producers because their projections are currently based on prices that are two-thirds lower.

“Almost nobody ever uses spot prices. They’re arguably two-thirds below spot price,’ he said.

‘So when the next few quarters come in and the market starts to realize what kind of cash these projects are generating, I think that’s when the reality will start to set in,” Krauth added.

The panel was largely optimistic that opportunities will continue to arise in the silver market. They noted that physical silver prices tend to be more volatile, but there are safer options for investors who don’t want to miss out.

Securities Disclosure: I, Dean Belder, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Clear Commodity Network CEO and Mining Stock Daily host Trevor Hall opened his talk at the Vancouver Resource Investment Conference (VRIC) with a strong message: It is still possible to go broke in a bull market.

“I want to start with the simple but uncomfortable truth: most investors don’t lose money in bear markets,” he said.

“They lose it in bull markets. Bear markets are honest. Liquidity disappears; prices fall. Risk is obvious, and fear keeps people cautious. Bull markets, on the other hand, are deceptive.”

According to Hall, bull markets feed the idea that everything is working well.

Charts and spreadsheet data convince investors and business owners that it is the perfect time to make big decisions, making this the phase of the cycle where moves are based on impulse.

“Rising prices get confused with good business, compelling stores get confused with durable assets. Bull markets don’t expose bad ideas immediately; they carry, and that’s why the damage is so severe when cycles turn.”

For short, people get too excited, focusing on the potential weight of what they can earn soon without realizing how much they could lose in the long run.

Supercycle review

Ultimately, what is needed is a shift in mindset. Hall specified that the first point that has to be recognised is that bull markets do not mean that everyone is making money.

“High prices produce a false sense of security. They made marginal assets look competitive,” he said. “They mask permitting challenges, metallurgy issues, infrastructure gaps in management, weaknesses and too much capital changed too many projects simply because the spreadsheet said it works. Investors have need to learn from that in today’s market.”

Momentum is not directly proportional to skill, and government involvement does not eliminate risk.

He cited 2011 as the last super cycle that created enormous opportunities, but also created enormous mistakes.

At the time, companies jumped into spending on huge projects and capital expenditure blowout, not accounting for returns.

Some companies also lost control and went all in on mergers and acquisitions, while developers “pursued production growth for the sake of growth.”

The sector focused on volume, therefore burning investors. The market funded every project that screams as economic at high spot prices.

This lack of discipline led to over a decade’s worth of rebuilding mining credibility.

Now, the sector has changed. This time, companies that generate durable margins, stick to realistic timelines, manage risk and focus on humility will be rewarded.

It’s all in discipline.

Advice for companies

Hall specified certain aspects he believes investors who have learned from the super cycle are now looking for. We summarised them into five points:
  • Concrete de-risk plans with achievable milestones
  • Strict capital discipline, especially on operating and construction costs
  • Management teams with experience in leadership, permitting, engineering and community relations
  • Productive offtakes

“Capital is no longer betting solely on geology. It’s betting on execution,” the CEO stated. “Investors want to see alignment with users, so institutional investors are screening for policy alignment projects that strengthen domestic supply chains, support energy security and fit federal or state strategic priorities.”

Above all, across all this is transparency. Hall said that it is a must and called it “the new currency of trust in this sector.”

Advice for investors

“Many deposits look promising, far fewer have teams capable of construction and operations,” Hall said, adding that while high metal prices do help the sector, they also encourage a wave of marginal projects that do not deserve capital.

Maintaining high standards amidst high prices is vital. He advised investors to ask the following questions before making decisions:

  • Does the project work within conservative price limits or not? Does it have structural advantages?
  • Does it have grade, jurisdiction, scale and production cost?
  • Does the project matter? Does it solve a supply deficit?
  • Does it serve a strategic need, or is it simply additive but unnecessary?
  • Can management actually build it?

Making the right moves

Hall likened his industry recommendations to that of a chess game: make decisive moves and manage risks. It’s not just about what’s in front of you; it’s how you can win.

The industry is entering a new era where the investment cycle is not only driven by numbers and market forces, but by strategic necessity.

It is also the first time in decades that government capital, institutional capital and private capital are moving in the same direction, posing bigger opportunities.

Companies must learn to listen and execute to remain in the game for the next decade of resource development, and investors should come into the space with clear expectations.

“I think the ultimate word is check your discipline, because your discipline and your expectations need to be in line and more in tune than ever before,” Hall told companies.

“And for investors out there listening, you have to remember this: bull markets don’t make people rich by default; they reveal who already have the discipline.”

Securities Disclosure: I, Gabrielle de la Cruz, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

Secretary of War Pete Hegseth has his ‘Arsenal of Freedom Tour’ in full swing, visiting the nuclear submarine production floor at Newport News, Virginia and Blue Origin’s space launch at Cape Canaveral Florida. His goal: restore American industrial prowess and secure freedom for generations to come.

You’ll never guess which program is moving fastest of all: it’s the Army’s new M1E3 Abrams tank.

Get this: the M1E3 Abrams is five years ahead of schedule. Yes, five years. And it’s a hybrid.

While Golden Dome missile defense, the battleship design and other programs are on the drawing board, the Army has accelerated the M1E3 Abrams to wartime pace.

Credit Army Chief of Staff General Randy George and Secretary of the Army Dan Driscoll. It’s part of their push to accelerate top programs like the MV-75 air assault tilt-rotor plane. In the case of the tank, the Army had been studying upgrades and watching the Ukraine war. George and his science adviser Dr. Alex Miller were told they would not see the tank until 2032. ‘We said no,’ Miller recalled.

The result: the M1E3 prototype rolled out at the Detroit Auto Show in January. The first platoon of the M1E3 will be ready for testing by soldiers in 2028.

As seen in Detroit, the new M1E3 is a sleek change from earlier Abrams models. Gone is the top turret position. Now the three-man crew side by side in the hull where armor is strongest. External cameras, sensors, heat-detecting thermal sights, and laser-range finders feed into gaming-inspired cockpit displays. Their remote? It’s not for changing channels. An M1E3 tank crew can remotely fire Javelin anti-tank missile with a 2.5-mile range and a range of other weapons, including loitering munitions.

Here are five killer attributes of the M1E3 Abrams.

  • Formula One Cockpit. The M1E3 tank has a driver interface that ‘looks like an Xbox controller,’ said George. Just as important, the tank uses a modular, ‘plug-and-play’ open systems software backbone. Soldiers can plug in new apps and upgrade it in at a point in the vehicle software where all the things that make the vehicle run are protected.
  • Quiet mode. It’s a hybrid. No, the Army isn’t going eco-friendly. The M1E3 will have a Caterpillar diesel engine and a SAPA transmission that allows it to switch into electric mode. The hybrid electric drive is all about silent stalking. Iraqis facing the Abrams in 1991 called it Whispering Death, but the new Abrams takes the silent mode into a new realm when the tank is running on electric. Add in heat signature reduction and electronic jammers. This is not eco-mode. It’s whispering death. Iraqi soldiers reportedly feared the quiet killing power of the Abrams in 1991 Gulf War; the new Abrams takes silent lethality to a new level.
  • Active Protection. Shoot at an Abrams and ‘active protection’ will detect, target and obliterate you. This is the Army’s term for a system that can sort out a whole range of incoming threats, from recoilless rifles to anti-tank guided missiles, rockets, tank rounds and rocket-propelled grenades.  And of course, drones. The best part is the detection system nails the location of the enemy shooter. So, the Abrams crew can destroy it.
  • Reactive Armor. Already an Abrams standard, tiles fitted on the tank hull prevent penetration by RPGs and deflect blast downward or outwards, depending on the tactical situation. The Army really doesn’t like to talk about this secretive system, but guarantee you, the M1E3 will improve on it.
  • Great Guns.  With lessons drawn from the Ukraine battlefield, a .30-mm chain gun replaces both the .50-caliber and the loader’s gun. The .30-mm can hit light-armor vehicles like the Russian BMP. It can also chew up drones. Remember remote control permits the crew to fire without popping the hatch.

By the way, this is a tank on a diet. Older Abrams models weigh close to 80 tons. Expect the M1E3 to weigh in at about 60 tons, after shedding top turret armor. Lighter weight yields about 40% greater fuel efficiency. It also allows the M1E3 tank to access 30% more bridge crossings in Poland and other NATO Eastern front-line countries facing Russia.

Why a new tank? To deter Russia. The Ukraine war could stop tomorrow, and Putin’s Russia would still be a long-term threat. Russia has lost over 3,000 tanks in Ukraine but can still produce 1,500 tanks per year, according to former NATO Supreme Allied Commander General Christopher Cavoli.

In the end, it is the tank that deters the taking of territory. Just ask the soldiers of the 3rd Battalion, 66th Armored Regiment, 1st Armored Brigade Combat Team, who wrapped up an armored live-fire exercise in Poland during Operation Winter Falcon last month. Polish and U.S. forces fired their M1A2 Abrams tanks side by side. ‘We train to be ready for anything that might happen in the future … you’ve [got to] do that in the place you may have to defend,’ said U.S. Army Col. Matthew Kelley, Commander, 1st Armored Brigade Combat Team.

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President Donald Trump’s poll numbers are a bit all over the place these days. The averages have him about seven points underwater, while some surveys show him down as much as 19. And then, one poll, the most accurate of 2024, has him up one point at 50%.

Likewise, large majorities of Americans say in polls that they want all illegal immigrants deported, but large majorities also say that the Trump administration is going too far in executing this policy. 

So, what do the American people actually want?

I traveled to Lexington, Va., to get a feel for what the reality is on the ground, below these shaky and inconsistent poll numbers, and what I found was good news and bad news for both parties and a midterm that is still wide open.

Brian, from nearby Lynchburg, was visiting town with his wife Erin. A chef in his early 50s and a former Republican, he finds Trump’s coarseness, and what he would call his racism, such as the recent social media post featuring the Obamas as monkeys, to be a dealbreaker.

Brian was very interesting because, while he knew he could not tolerate Trump, he was also quite forthright about the negative tradeoffs in voting for Democrats. When I asked him, as a business owner, about Virginia’s new governor, Abigail Spanberger, his response was telling.

‘I voted for her,’ Brian told me. ‘Part of me wishes I hadn’t had to, but I did, given the alternative.’

The alternative here seemed to be Trump, not Spanberger’s actual opponent and former Lt. Gov. Winsome Earle-Sears, something that any Republican thinking of running by distancing themselves from Trump should consider. It probably won’t work anyway.

I pressed a bit on Spanberger, asking Brian if the wave of new taxes she supports worries him.

‘Absolutely it worries me,’ he said. ‘I’m a fiscal conservative. I have to balance my budget, and the government should too. But if the alternative is racism, then I have to reject that.’

Never mind that Sears is African-American. Brian was the perfect example of why Democrats focus so much on race and racial issues. For some voters, alleged racism on the president’s part will trump even their own policy beliefs and preferences and taint the party he rules.

This phenomenon can also look like fools gold to pollsters who see a voter with some conservative leanings who should be obtainable, but some, like Brian, just flat-out will never support Trump or the GOP so long as Trump leads it.

As Brian bluntly put it, ‘If it’s men in women’s sports or racism, I have to go with men in women’s sports.’

But it wasn’t all bad news for Trump in rural Virginia. Alice, who is in her 40s and works in real estate, thinks the Trump’s economic measures are starting to pay off.

‘I can just feel it,’ she told me. ‘Gas prices are low, more stuff is on sale at the grocery. That’s what we voted for.’

When I asked about Trump’s gruff manner, the one that bothered Brian so much, she just said, ‘If you aren’t used to it by now, you’re not getting used to it.’

Others, like Peter, in his 70s and retired, are feeling a real political fatigue. Apathy is the wrong word, but perhaps frustration fits.

‘Today, it’s like who you vote for is your whole identity,’ he said. ‘But I can’t fall out of a tree every time Donald Trump opens his mouth.

On Friday afternoon, a small protest of mostly older White people was gathered on a street corner in pretty-as-a-picture Lexington. Annette, the leader and spokesperson, was handing out cookies. Unlike their peers in Minneapolis, they were happy to talk with the press.

‘This is what we feared all along,’ one man holding the Virginia state flag with its motto, ‘Sic Semper Tyrannis,’ told me of the Trump administration’s handling of Minneapolis. ‘It’s why we have been out here protesting for a year.’

Generally speaking, the huge shifts that pollsters are so ardently looking for appear to exist more in the world of numbers than that of flesh and blood, where it continues to be very rare to meet anyone who has changed their mind politically in the age of Trump.

No, the fear for Republicans today is not that Trump or the party are bleeding support. It’s that the Democrats on the ground seem far more motivated to stop Trump than the Republican voters are to reward slow and steady progress.

Importantly, there does not appear to be anything that Trump could do, any position he could soften, be it on immigration enforcement, tariffs or his own rhetoric, that will sway the third of voters who just detest the man. But both Trump and the party have proven they can win without them.

From now until the midterm, we will be in the field with our ear on the ground, listening to the things that voters never tell the pollsters. And if Lexington is any indication, this is still anybody’s ballgame.

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North Korean authorities executed teenagers for watching the South Korean television series ‘Squid Game’ and listening to K-pop, human rights researchers announced in early February.

Amnesty International cited testimony from an escapee with family ties in Yanggang Province who said people, including schoolchildren, were executed for specifically watching the popular survival drama series.

It also separately documented accounts of forced labor sentences and public humiliation for consuming South Korean media elsewhere in the country, particularly for those without money or political connections.

‘Usually when high school students are caught, if their family has money, they just get warnings,’ said Kim Joonsik, 28, who was caught watching South Korean dramas three times before leaving the country in 2019.

‘I didn’t receive legal punishment because we had connections,’ he told Amnesty International in an interview.

Joonsik said three of his sisters’ high school friends were given multi-year labor camp sentences in the late 2010s after being caught watching South Korean dramas, a punishment he said reflected their families’ inability to pay bribes.

‘The authorities criminalize access to information in violation of international law, then allow officials to profit off those fearing punishment. This is repression layered with corruption, and it most devastates those without wealth or connections,’ said Sarah Brooks, Amnesty International’s deputy regional director.

‘This government’s fear of information has effectively placed the entire population in an ideological cage, suffocating their access to the views and thoughts of other human beings,’ she added. ‘People who strive to learn more about the world outside North Korea, or seek simple entertainment from overseas, face the harshest of punishments.’

Several defectors told the human rights organization that they were required to witness public executions while still in school, describing the practice as a form of state-mandated indoctrination designed to deter exposure to foreign culture.

‘When we were 16, 17, in middle school, they took us to executions and showed us everything,’ said Kim Eunju, 40. ‘People were executed for watching or distributing South Korean media. It’s ideological education: if you watch, this happens to you too.’

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Iran is prepared to pursue diplomacy while remaining ready to defend itself if challenged, Foreign Minister Abbas Araghchi said Sunday, arguing that Tehran’s strength lies in its ability to stand firm against pressure.

‘We are a man of diplomacy, we are also a man of war; not in the sense that we seek war, but … we are ready to fight so that no one dares to fight us,’ he said, according to Press TV, Iran’s state-run English-language broadcaster.

Araghchi made the remarks in Tehran at the National Congress on the Islamic Republic’s Foreign Policy, two days after Iran and the United States held nuclear talks in Oman.

Fox News previously reported that negotiations between Iranian and U.S. officials in Muscat, the capital, were held face-to-face, marking the first such meetings since U.S. strikes on Iran’s nuclear sites in June.

Iran’s Foreign Ministry described the talks as ‘intensive and lengthy’ in a post on X, saying the meetings allowed both sides to present their positions and concerns.

‘It was a good start, but its continuation depends on consultations in our respective capitals and deciding on how to proceed,’ the government account said.

It added there was broad agreement on continuing the negotiations, though decisions on timing, format and the next round will be made following consultations in the two capitals, with Oman continuing to serve as the intermediary.

Araghchi said Sunday that Iran views its nuclear program as a legitimate right and is seeking recognition of that position through negotiations.

‘I believe the secret of the Islamic Republic of Iran’s power lies in its ability to stand against bullying, domination and pressures from others,’ he said, according to Press TV.

‘They fear our atomic bomb, while we are not pursuing an atomic bomb. Our atomic bomb is the power to say no to the great powers,’ the top diplomat added. ‘The secret of the Islamic Republic’s power is to say no to the powers.’

President Donald Trump has expanded the U.S. military presence in the Middle East, deploying the USS Abraham Lincoln carrier strike group and the USS Michael Murphy, a guided-missile destroyer.

Other U.S. naval assets, including the USS Bulkeley, USS Roosevelt, USS Delbert D. Black, USS McFaul, USS Mitscher, USS Spruance and USS Frank E. Petersen Jr., are positioned across key waterways surrounding Iran, from the eastern Mediterranean and Red Sea to the Persian Gulf, Gulf of Oman and Arabian Sea.

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For the first time in decades, the world’s two largest nuclear superpowers are no longer bound by any treaty limiting their arsenals.

The last remaining nuclear arms control agreement between the U.S. and Russia, known as New START, expired Thursday.

The lapse removed limits on how many nuclear weapons Washington and Moscow could deploy on missiles, bombers and submarines, and ended the requirement that both sides notify one another whenever nuclear weapons were moved.

The scale of what’s now unconstrained is vast. 

Globally, there are more than 12,200 nuclear weapons spread across nine nuclear-armed nations, according to a recent analysis. The United States and Russia alone account for roughly 10,636 of those weapons.

While the exact size of each country’s arsenal is closely guarded, below is a breakdown of estimated nuclear stockpiles, based on data from the Federation of American Scientists. 

Ahead of the New START agreement’s expiration, President Donald Trump wrote on Truth Social, ‘Rather than extend ‘NEW START’ (a badly negotiated deal by the United States that, aside from everything else, is being grossly violated), we should have our Nuclear Experts work on a new, improved and modernized Treaty that can last long into the future.’

He has previously argued that China should be included in any new agreement with Russia, pointing to Beijing’s growing nuclear arsenal, the world’s third largest after the U.S. and Russia.

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Here’s a quick recap of the crypto landscape for Friday (February 6) as of 9:00 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$70,178.66, up by 11.3 percent over 24 hours.

Bitcoin price performance, February 6, 2026.

Chart via TradingView.

Despite Friday’s gains, Bitcoin has fallen over 14 percent this week to lows below US$62,000.

Bitcoin has stopped behaving as an alternative safe-haven asset and has realigned with the risk asset cycle. Its high correlation with traditional financial markets, including a broad selloff in technology stocks, precious metals and equities, suggests a scenario of systemic stress and scarce liquidity.

Downward pressure intensified after key technical levels were broken, causing nearly US$770 million in leveraged long positions to be liquidated in 24 hours, suggesting the market’s ‘cleansing phase’ is ongoing.

The decline was exacerbated by a strong US dollar and rising bond yields, which reduced the appeal of non-yielding assets like cryptocurrencies, prompting a rotation into defensive assets.

In the short term, price action will be limited and vulnerable to renewed selling pressure as long as restrictive financial conditions and a defensive tone prevail in global markets. Stabilization requires an improvement in global financial conditions and Bitcoin’s ability to rebuild solid technical support.

Ether (ETH) was priced at US$2,052.03, up by 10 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.46, up by 25.2 over 24 hours.
  • Solana (SOL) was trading at US$87.37, up by 10.4 percent over 24 hours.

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

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