US Crypto Market Updates: February 6, 2026
The American crypto market is currently experiencing significant volatility due to administrative shifts and regulatory news. Here are the top headlines:
1. Government Shutdown & Delayed Jobs Report
Due to the ongoing U.S. Government Shutdown, the highly anticipated January 2026 Jobs Report has been postponed indefinitely. This uncertainty has triggered panic among American investors, leading to a massive sell-off in major cryptocurrencies like Bitcoin.
2. Trump’s Crypto Bill Stalled in Senate
A crucial cryptocurrency regulatory bill, backed by President Trump, is currently stalled in the U.S. Senate. Internal disagreements between traditional banks and crypto firms regarding the bill's framework have heightened market uncertainty.
3. Launch of 'Project Crypto'
On a positive note, the SEC and CFTC have jointly launched 'Project Crypto'. New SEC Chairman Paul Atkins announced that this initiative aims to create a more transparent and unified regulatory framework for digital assets, moving away from previous "regulation by enforcement" tactics.
4. Today's Crypto Performance (US Session)
| Cryptocurrency | Current Price (USD) | 24h Change |
|---|---|---|
| Bitcoin (BTC) | ~$67,550 | ▼ 8.6% |
| Ethereum (ETH) | ~$1,960 | ▼ 8.5% |
| Solana (SOL) | ~$84.5 | ▼ 8.4% |
| XRP | ~$1.30 | ▼ 15.5% |
5. World Liberty Financial (WLF) Controversy
A reported $500 million investment from a UAE royal family into the Trump-linked 'World Liberty Financial' project has sparked intense debate in the U.S. Congress. This has created significant political and economic noise within the American crypto space.
> Summary: Market sentiment is currently at 'Extreme Fear' as investors move away from risky assets like Bitcoin and shift toward safe havens like Gold due to political instability and potential tariff wars.
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