Lots More With Charlie McElligott on the SaaSpocalypse (Podcast)

Market Intelligence Analysis

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Why This Matters

The recent market selloff has affected popular trades such as software, crypto, and gold, with various factors contributing to the decline, including AI's impact on SaaS and negative headlines for Bitcoin.

Market Impact

Market impact analysis based on bearish sentiment with 85% confidence.

Sentiment
Bearish
AI Confidence
85%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

This week has been a pretty wild one in markets. Some of the most popular trades of recent years — like going long software, crypto, or gold — suddenly collapsed. Of course, there are plenty of things you can point to as the proximate cause of the selloff. AI is now an existential threat to SaaS. Bitcoin has seen some unflattering headlines. The nomination of Kevin Warsh as the next Federal Reserve chair stalled the debasement trade. But the way the market functions has also changed enormously,

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Original article published by Bloomberg on February 6, 2026.
Analysis and insights provided by AnalystMarkets AI.