At the Asia market open, Bitcoin fell more than 10% toward $64,000, marking its weakest level since late 2024 as selling swept through risk assets. Asia equities declined alongside crypto, and exchange-traded funds saw significant outflows in recent months. Broader volatility picked up across tech and precious metals amid risk-off sentiment.

U.S. lawmakers opened a House inquiry into World Liberty Financial after a Wall Street Journal report on a $500M UAE-linked bid for a 49% stake. On Feb 5, 2026, Rep. Ro Khanna said he sent a letter seeking ownership records, payment flows and internal communications, with responses due by March 1, 2026. Donald Trump told reporters he was unaware of the deal.

On Thursday, Bitcoin fell 6% to around $72,000 while a global technology slump dragged Asian equity markets lower and kept risk sentiment fragile. Over the past 24 hours, crypto liquidations reached about $627.96M, mostly from long positions, as traders reacted to equity volatility and shifting expectations around AI-driven spending and corporate earnings.

On February 3, 2026, Bitmine chairman Tom Lee defended the firm's Ethereum treasury after a social media post alleged a -$6.6 billion unrealized loss and future selling pressure. He said Bitmine is structured to track and potentially outperform ETH over full market cycles, meaning paper losses are expected during downturns as the company's 4.24M ETH position, reported as of January 25, magnifies market swings.

On Wednesday, Bitcoin fell about 3% to $76,000 as a tech-driven selloff on Wall Street spilled into Asia, weighing on risk appetite. Early trading saw weaker openings in Japan and Australia, with Hong Kong futures pointing to declines, while traders rotated toward more cyclical exposures.

Binance temporarily halted withdrawals on Tuesday due to what it described as technical difficulties, before bringing the service back online after roughly 20 minutes. The pause came during a volatile period for crypto markets, as Bitcoin fell below $76,000 and more than $2.56B in leveraged positions were liquidated across digital assets.

On February 2, 2026, Hyperliquid introduced HIP-4, outlining outcome trading on HyperCore with fully collateralized, fixed-range contracts designed for prediction markets without leverage or liquidations. The feature is live on testnet, with initial USDH-denominated markets using objective settlement sources and potential permissionless expansion after technical work and user feedback.

On Tuesday in Asia, Bitcoin hovered around $78,000 while regional equities bounced, with Japan’s Nikkei up 2.5%, South Korea’s KOSPI up 4%, and S&P 500 futures up 0.3%. CoinGlass reported about $2.56B in Bitcoin liquidations in recent days as leverage unwound, even as metals rebounded with gold at $4,800 and silver at $83.34.

A Nevada state judge issued a 14‑day temporary restraining order against Polymarket and related entities, halting the offering of event and sports contracts to residents. A preliminary injunction hearing is set for Feb. 11, and the court signaled it is not convinced that federal commodities law bars Nevada's oversight.