Why Are Markets Falling? 3 Assets to Watch Amid Plunging Prices: Feb 2-6, 2026

Markets are a sea of red on the first trading day of February 2026:

• Bitcoin (BTC/USDTX) has sunken to its lowest levels since April 2025, back when markets were still digesting the aftermath of President Trump's trade tariffs announced on "Liberation Day".

• The SP500 has dropped over 2% since posting a new all-time high last week.

• Gold (XAUUSD+) and Silver (XAGUSD) have erased much of their respective year-to-date gains, which now stand at about 5% at the time of writing.

Monday's (Feb 2) selloff are extending last Friday's dramatic fall. Jan 30th saw silver's biggest-ever intraday decline, while it was Gold's biggest intraday decline since the early 1980s