{"id":71092,"date":"2026-02-05T18:31:37","date_gmt":"2026-02-05T18:31:37","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=71092"},"modified":"2026-02-05T18:31:37","modified_gmt":"2026-02-05T18:31:37","slug":"softwares-freefall-continues-bitcoin-dips-to-16-month-lows-whats-moving-markets-thursday","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=71092","title":{"rendered":"Software&#8217;s Freefall Continues, Bitcoin Dips To 16-Month Lows: What&#8217;s Moving Markets Thursday?"},"content":{"rendered":"<div>\n<p>Software stocks plunged for an eighth straight session on Thursday, putting the sector on track for its longest losing streak since May 2021, as investors grow increasingly concerned that artificial intelligence could undermine demand <a href=\"https:\/\/www.benzinga.com\/markets\/tech\/26\/02\/50386984\/software-sector-crash-ai-disruption-stocks-falling-the-most\">across the SaaS economy.<\/a><\/p>\n<p><strong>     \u2022 Ralliant shares are approaching critical lows. <a href=\"https:\/\/www.benzinga.com\/quote\/RAL\" target=\"_blank\" rel=\"noreferrer noopener\">What\u2019s pressuring RAL?<\/a><\/strong><\/p>\n<p>The <strong>iShares Expanded Tech-Software Sector ETF<\/strong> <a class=\"ticker-link\" data-ticker=\"IGV\" data-exchange=\"ARCA\" href=\"https:\/\/www.benzinga.com\/quote\/IGV\" target=\"_blank\" rel=\"noopener\">(NYSE:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/IGV\">IGV<\/a>) fell 1.9%, extending its drawdown from late-October highs to roughly 30%.<\/p>\n<p><strong>Palantir Technologies Inc. <\/strong><a class=\"ticker-link\" data-ticker=\"PLTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/PLTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/PLTR\">PLTR<\/a>) \u2014 long viewed as the poster child of the AI-driven software rally \u2014 dropped 4.4%, following an 11% slump on Wednesday.<\/p>\n<p>The biggest software decliners were tied to crypto markets, as <strong>Bitcoin<\/strong> <a class=\"ticker-link\" data-ticker=\"BTC\" data-exchange=\"CRYPTO\" href=\"https:\/\/www.benzinga.com\/quote\/BTC-USD\" target=\"_blank\" rel=\"noopener\">(CRYPTO: <\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/btc\/usd\">BTC<\/a>) slid 9% to $66,000, hitting levels last seen in October 2024.<\/p>\n<p>Shares of<strong> Strategy Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"MSTR\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MSTR\">MSTR<\/a>), <strong>Mara Holdings Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"MARA\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/MARA\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/MARA\">MARA<\/a>) and <strong>CleanSpark Inc.<\/strong> <a class=\"ticker-link\" data-ticker=\"CLSK\" data-exchange=\"NASDAQ\" href=\"https:\/\/www.benzinga.com\/quote\/CLSK\" target=\"_blank\" rel=\"noopener\">(NASDAQ:<\/a><a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/CLSK\">CLSK<\/a>) each fell about 12%.<\/p>\n<p>Commodities also suffered broad-based declines, with <strong>silver<\/strong> plunging &#8230;<\/p>\n<p><a href=\"https:\/\/www.benzinga.com\/markets\/equities\/26\/02\/50424311\/stock-market-news-software-crash-bitcoin-plunges-strategy?utm_source=benzinga_taxonomy&amp;utm_medium=rss_feed_free&amp;utm_content=taxonomy_rss&amp;utm_campaign=channel\" alt=\"Software's\" freefall continues bitcoin dips to lows: what moving markets thursday>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Software stocks plunged for an eighth straight session on Thursday, putting the sector on track for its longest losing streak since May 2021, as investors grow increasingly concerned that artificial intelligence could undermine demand across the SaaS economy. \u2022 Ralliant shares are approaching critical lows. What\u2019s pressuring RAL? The iShares Expanded Tech-Software Sector ETF (NYSE:IGV) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-71092","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=71092"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/71092\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=71092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=71092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=71092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}