U.S. equities markets tumbled with the S&P 500 declining 1.23%, the Nasdaq 100 shedding 1.59% in its worst three-day decline since April, and the Dow dropping 1.2% across nine of eleven major sectors, driven by weak jobs data showing the largest number of January job cuts since 2009, unexpected rise in unemployment applications, and job openings falling to their lowest level since 2020. Weak employment figures lifted Fed rate cut expectations for June to nearly 50%, pushing the 10-year Treasury yield down seven basis points to 4.20% and the 2-year down eight basis points to 3.47%. Consumer Sentiment data is scheduled for release. The Stoxx Europe 600 fell 1%, with miners among the biggest laggards following silver's dramatic plunge and Glencore sinking 7% after Rio Tinto walked away from merger talks over valuation disagreements; Novo Nordisk tumbled 7.9% after Hims & Hers announced plans for a cheaper copycat weight loss pill. The Bank of England held rates steady but came within a single vote of cutting while the ECB kept rates unchanged amid stronger euro concerns and trade uncertainty. Bitcoin crashed 12% to around $63,650, falling below $64,000 as forced deleveraging sparked capitulation in digital assets, erasing nearly half its value since October highs; silver plunged 16% to $73.95 while gold shed 3% to $4,817 per ounce; oil prices weakened with Brent crude falling 2.9% to $67.46 and WTI dropping 2.7% to $63.38.
US Spot ETF Flows
Asset
Daily Inflow
Daily Change
Weekly Inflow
Total Assets
Daily Volume
BTC ETFs
$-434.2M
+153.2%
$-315.8M
$80.8B
$14.7B
ETH ETFs
$-80.8M
+293.5%
$-90.1M
$10.9B
$2.5B
SOL ETFs
$2.8M
-142.1%
$2.9M
$674.6M
$94.9M
US BTC Spot ETF Flows
US ETH Spot ETF Flows
US SOL Spot ETF Flows
Crypto Liquidations Summary
Liquidation Type
Value
% of Total
24h Change
Total Liquidations
$2.51B
-
$+1.72B (+217.59%)
Shorts
$466.96M
18.6%
$+334.62M (+252.85%)
Longs
$2.04B
81.4%
$+1.39B (+210.50%)
BTC
$1.34B
53.5%
$+941.03M (+234.59%)
ETH
$567.71M
22.6%
$+361.51M (+175.32%)
Tether's USDt reached a record $187.3 billion market cap in Q4, adding $12.4 billion despite the crypto downturn, with increased users and on-chain activity, according to the data.
Vitalik Buterin sells 3,000 ETH worth $6.6 million after announcing planned withdrawals from his holdings.
Strategy announces a $12.4B Q4 loss with shares down 17% as Bitcoin values tumble, according to executives Phong Le and Andrew Kang, who note the company is down 17.5% on its Bitcoin holdings.
BlackRock's iShares Bitcoin Trust ETF hit a daily volume record of $10 billion on Thursday amid a 12% Bitcoin price drop in 24 hours.
Tether invests $150M in Gold.com to explore using its stablecoins for purchasing physical gold.
Santiment reports large Bitcoin holders' share of supply hits 9-month low, with large holders selling and retail investors buying.
