Ark Invest CEO Cathie Wood is as bullish as ever when it comes to bitcoin (BTC-USD). The cryptocurrency fell nearly 17% in February, but Wood believes "most people in the traditional financial world are extremely underweight" the asset.

In the fourth quarter, several prominent hedge fund managers sold Nvidia (NASDAQ: NVDA) and bought the iShares Bitcoin Trust (NASDAQ: IBIT), an exchange-traded fund issued by BlackRock that tracks the price of Bitcoin.

The Dow Jones dived on the stock market today. Warren Buffett issued a warning as President Donald Trump said tariffs are 'all set.' Nvidia and Tesla fell.

In the fourth quarter, Millennium trimmed its position in the artificial intelligence (AI) chip king Nvidia and piled into a BlackRock exchange-traded fund (ETF) that MicroStrategy co-founder Michael Saylor thinks could soar 13,200%.

Bitcoin and cryptocurrency prices have found a temporary floor following a steep sell-off though analysts have said bitcoin remains at a "critical

Bitcoin plunged in early trading Friday and while it recovered a bit, the cryptocurrency is still down 20% from its peak.

Stock futures are rising Monday as the market looks to kick off the month on a high note after losing ground in February.

The Nasdaq Composite (^IXIC) pared gains to finish the day up around 0.3%. The tech-heavy index had risen as much as 1% earlier in the session after consecutive sharp losses for the index. The benchmark S&P 500 (^GSPC) closed just above the flatline,

The upcoming $6.9 billion Bitcoin monthly options expiry on Feb. 28 is pushing traders to expect a lower price. Bulls were caught off guard, even though put (sell) options open interest is $530 million below call (buy) options. For example, out of the $3.7 billion in call options, less than $60 million are set at $88,000 or below.

The largest cryptocurrency by market value dropped as much as 7% to $78,273, its lowest since November 10 and on track for 5 straight days of decline.