Gold Just Lost $7 Trillion — Is Bitcoin Next? | The Weekly Ep. 93
Mon Feb 02 2026
This week on The Weekly, we break down one of the most shocking market events in decades.
Gold and silver lost $7 trillion in a single day, moving with volatility usually reserved for crypto. Bitcoin followed with a sharp liquidation-driven selloff, miners were forced to sell, and stablecoin liquidity continued to exit the market.
We cover:
Why gold suddenly started trading like a risk assetWhether this was a healthy correction or something more structuralWhat Bitcoin’s drawdown tells us about liquidity and market stressStablecoin flows, miner selling, and institutional behaviorWhy Monday’s market open could define the next legAs always, we separate narrative from liquidity — and ask what really matters next.
Hosted by @_dsencil and @graminitha1.
00:00 Market Turmoil: Gold and Silver Crash03:01 The Volatility of Precious Metals05:51 Market Manipulation and Conspiracy Theories08:49 Institutional Influence on Market Movements11:59 The Role of Retail Investors14:52 The Future of Precious Metals18:09 Bitcoin's Decline and Market Reactions21:01 Geopolitical Tensions and Bitcoin's Performance23:52 Stablecoin Dynamics and Market Liquidity26:49 Federal Reserve's Impact on Markets
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This week on The Weekly, we break down one of the most shocking market events in decades. Gold and silver lost $7 trillion in a single day, moving with volatility usually reserved for crypto. Bitcoin followed with a sharp liquidation-driven selloff, miners were forced to sell, and stablecoin liquidity continued to exit the market. We cover: Why gold suddenly started trading like a risk assetWhether this was a healthy correction or something more structuralWhat Bitcoin’s drawdown tells us about liquidity and market stressStablecoin flows, miner selling, and institutional behaviorWhy Monday’s market open could define the next legAs always, we separate narrative from liquidity — and ask what really matters next. Hosted by @_dsencil and @graminitha1. 00:00 Market Turmoil: Gold and Silver Crash03:01 The Volatility of Precious Metals05:51 Market Manipulation and Conspiracy Theories08:49 Institutional Influence on Market Movements11:59 The Role of Retail Investors14:52 The Future of Precious Metals18:09 Bitcoin's Decline and Market Reactions21:01 Geopolitical Tensions and Bitcoin's Performance23:52 Stablecoin Dynamics and Market Liquidity26:49 Federal Reserve's Impact on Markets