Updated on February 2, 2026 at 1:28 AM UTC, Apple faces intensifying competition for chips as AI companies bid aggressively for the same components. Nvidia has surpassed Apple as TSMC’s largest client, while TechInsights projects DRAM prices could quadruple and NAND triple by year-end. Mike Howard estimates an extra $57 memory cost for an entry-level iPhone 18, impacting margins on a $799 device.

BONK resumed its broader downtrend after an early-January breakout failed to hold, with the token dropping sharply over the past week. The memecoin sector also weakened, and key BONK levels near $0.00000755–$0.00000785 are in focus for a potential short-term retest before further downside.

On Sunday, Strategy executive chairman Michael Saylor hinted the firm added Bitcoin after a more than 13% weekend slide pushed BTC to $75,892, briefly under its $76,040 cost basis before rebounding to $76,765. The drop followed President Donald Trump's Friday nomination of Kevin Warsh; Saylor posted “More Orange” alongside a $55 billion purchases chart.

On February 2, the European Commission opened infringement procedures against 12 EU member states for not transposing Directive (EU) 2023/2226 on crypto asset tax transparency into national law. The directive, which must be applied by 2026, imposes new reporting duties on crypto-asset service providers and is expected to raise compliance costs ahead of full implementation.

On 2 February 2026, ZKP Crypto intensified market attention with a $5,000,000 utility-focused giveaway and daily on-chain presale auctions distributing 190 million tokens. Over the same period, Ethereum continued to trade near the $2,300–$2,400 resistance zone, while Hyperliquid drew notice after donating 10,000 HYPE, valued at about $254,000, to blockchain investigator ZachXBT.

On 2 February 2026 at 01:41, bitcoin slipped below $76,000 before stabilizing near $76,800 as risk appetite faded. Major altcoins fell and the total crypto market cap was around $2.58 trillion, while the Crypto Fear & Greed Index printed 18 and Coinglass tallied about $460 million in 24‑hour liquidations.

CrossCurve said on X late on Sunday that its cross-chain bridge was under attack and asked users to stop interacting with the protocol while it investigates a smart contract issue. Security account Defimon Alerts estimated around $3 million was taken across several networks, and partner Curve Finance told those with CrossCurve pool allocations to review positions and consider removing votes.

In January 2026, BYD's vehicle sales fell to 210,051 units, a drop of about 30% from 300,538 a year earlier, as domestic demand weakened after China's EV subsidy cuts and holiday effects. The company offset part of the decline by exporting 100,482 vehicles, nearly half of its monthly total, and plans to increase overseas shipments by roughly 25% this year. Chinese brands, including BYD, expanded their presence in Europe's EV and hybrid market in 2025, while high US tariffs kept them out of American showrooms.