Welcome to the US Crypto Information Morning Briefing—your important rundown of a very powerful developments in crypto for the day forward.
Seize a espresso and settle in—markets are transferring in ways in which depart even seasoned traders squinting at charts. Gold and silver are surging, crypto is wobbling, and Washington’s coverage performs are stirring uncertainty. However in line with Tom Lee, someplace within the chaos, a turning level could also be quietly forming.
Crypto Information of the Day: Tom Lee Says White Home Entrance-Loading Midterm Wins Is Wrecking Markets
Fundstrat World Advisors’ Tom Lee is sounding a cautious but optimistic observe for crypto traders, arguing that latest turbulence in Bitcoin and Ethereum could also be non permanent.
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Showing on CNBC’s Squawk Field, Lee attributed the early-year surge in gold and silver costs to Washington, D.C.’s coverage maneuvers.
He says the White Home’s performs have briefly “hijacked” threat urge for food, making a “vortex” that drew capital away from crypto regardless of sturdy fundamentals.
Gold spiked to $4,954.99 per ounce, a 6.5% each day leap, whereas silver surged 13.66% to $87.53. This marks the most important single-day beneficial properties for each metals for the reason that 2008 monetary disaster.
Lee tied this frenzy to crypto’s ill-timed deleveraging in October 2025.
“The crypto business doesn’t have any leverage proper now,” he mentioned. “Gold and silver’s efficiency sucked all threat urge for food in the direction of the dear metals commerce.”
Lee additionally highlighted Washington politics as a central driver of market uncertainty. With midterms approaching, he criticized the White Home for “intentionally selecting extra winners and losers early,” front-loading its agenda and retaining markets “hostage.”
Hypothesis across the subsequent Federal Reserve chair provides additional volatility, with Lee warning that markets will take a look at the appointee’s resolve on coverage and charges, echoing patterns seen with former chairs Janet Yellen and Jerome Powell.
Whereas the consensus expects Republicans to lose the Home, Lee famous {that a} GOP retention might ship a “optimistic shock.”
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Indicators Level to a Crypto Backside Amid Gold and Silver Frenzy
Regardless of near-term headwinds, Lee sees indicators that crypto could also be bottoming. Fundstrat advisor Tom DeMark believes “time and worth” alignment has been reached, with Bitcoin again above $78,000 and Ethereum nearing $2,300.
Lee added that Ethereum’s lively addresses are “going parabolic,” as Wall Avenue more and more integrates digital property.
“All of the items are in place for crypto to be bottoming proper now,” he mentioned, contrasting worth weak spot with community exercise.
This view aligns with analysts’ notes on potential capital rotation, with some highlighting gold’s 11% rebound from latest lows, including $3.07 trillion, and silver’s 20% surge, reclaiming $800 billion.
Analyst Bull Idea compares this setup to August 2020, when gold topped at $2,075, Bitcoin fell 20%, then rallied 559% over eight months as capital flowed again into threat property.
With the ISM Manufacturing Index at 52.6%, the analyst instructed the same rotation could also be underway:
“Gold probably topping, and Bitcoin already having corrected, we might now see a rotation into risk-on property,” they mentioned.
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Nevertheless, not all commentary is bullish. Analyst Wimar.X warns that the metals’ surge indicators a “damaged system,” echoing pre-crash circumstances in 2000, 2007, and 2019.
With the gold-to-silver ratio close to 56, they argued that establishments are “exiting the on line casino,” probably foreshadowing a 2026 collapse.
Lee, nonetheless, emphasised that the broader financial backdrop stays sturdy. Shares have been up 1% in January, traditionally correlating to 18% annual S&P beneficial properties in related durations since 1950.
Whilst AI and tech valuations could mean-revert, he sees treasured metals taking a “breather” as wholesome for markets, probably clearing the best way for crypto’s subsequent transfer.
The query now could be whether or not Washington-driven flows will proceed to favor metals or if Bitcoin and Ethereum are prepared for a rebound.
Chart of the Day
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The Gold to Bitcoin dominance ratio compares the market cap of each property.
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Right here’s a abstract of extra US crypto information to observe right now:
Crypto Equities Pre-Market Overview
| Firm | Shut As of February 2 | Pre-Market Overview |
| Technique (MSTR) | $139.66 | $140.80 (+0.82%) |
| Coinbase (COIN) | $187.86 | $189.53 (+0.89%) |
| Galaxy Digital Holdings (GLXY) | $26.44 | $26.95 (+1.93%) |
| MARA Holdings (MARA) | $9.12 | $9.18 (+0.66%) |
| Riot Platforms (RIOT) | $15.32 | $15.53 (+1.37%) |
| Core Scientific (CORZ) | $17.87 | $18.05 (+1.01%) |