BlackRock's iShares Bitcoin Trust (IBIT) recorded $231.6 million of inflows on Friday, following two prior sessions of heavy redemptions and a sharp price decline. The move came in a week where U.S. spot Bitcoin ETFs saw three days of $1.25 billion in combined outflows before a $330.7 million inflow rebound, while Bitcoin's price fell 24.30% over 30 days.

Spot XRP ETFs recorded a weekly net inflow of about $40 million, lifting cumulative net subscriptions from $1.18 billion to $1.22 billion as of February 6. Over the same period, XRP's price slid from $1.75 to a $1.11 low before rebounding to $1.54, even as comparable Bitcoin and Ethereum products saw substantial outflows.

By February 7, 2026, XRP had climbed about 12% over 24 hours after dropping to $1.14 around 1:00 AM GMT on Friday. It printed an intraday high of $1.53, while large holders accumulated more than 230 million XRP in 48 hours as address activity rose 51.5%.

Bitcoin's slide below $70k has coincided with growing strain on miners, including a recent $87 million (1,318 BTC) transfer by MARA to centralized exchanges. With daily miner revenue down 36% year-on-year to $28.3 million and sell-off metrics hitting yearly highs, mounting miner pressure could limit the strength of any BTC price recovery.

Jeff Park, partner and CIO at ProCap Financial, says Bitcoin's roughly 50% slide reflects a break from the old liquidity-driven playbook, and contends a prospective Kevin Warsh–led Federal Reserve could herald a new trading regime. On February 5, 2026, Park reiterated his bear‑market stance and, citing Michael Howell, pointed to global liquidity near $170 trillion through 2025.

On February 7, 2026, ENS said ENSv2 will run exclusively on Ethereum and it will halt its Namechain Layer 2. The team cited Layer 1 scaling gains, noting the gas limit rose from 30 million to 60 million in 2025, and pledged features such as single step registration and multi chain stablecoin payments.

On Jan. 27, Donald Trump said he wasn't concerned about a weakening dollar; the next day, Treasury Secretary Scott Bessent reiterated a "strong dollar policy." On Friday, he told CNBC it was a "false choice" to frame their stances as conflicting. The dollar fell after Trump's remarks and later rose following Bessent's comments; he also said the administration respects Fed independence.

Google Trends data shows global searches for "Bitcoin" jumping to a score of 100 in the week starting Feb. 1, marking a 12‑month high as BTC briefly slid to around $60,000 before rebounding. Bitcoin fell from about $81,500 to roughly $60,000 within five days and later recovered to $70,740, prompting Bitwise's André Dragosch to say that retail traders are returning, even as sentiment gauges signal extreme fear.