Kelly, thanks so much. Welcome to Closing Bell. I'm Scott Wobner, live from One Market in San Francisco, where the Super Bowl is the talk of the town, and we have some special guests coming up.

George Pine. He is a pioneer in sports investing. He'll join us in just a little bit. As that part of the alternatives landscape, well, it has surged.

NFL team valuations. They continue to surge as well. Deal consultant,

Mark Gannis, tells us how much higher they could go and you will not believe the numbers.

And speaking of the numbers, here's how the final stretch is starting today on Wall Street.

Stocks have been under pressure for much of the day. They are off the lows, but wow, tech has taken the brunt of it today.

The NASDAQ touching a two and a half month low software being closely watched. Yet again,

there is some heavy selling this week. Microsoft is not on that list, but it is down a lot.

And some of the other mega caps are too. And that takes us to our talk of the tape.

Amazon's earnings, whether it can dent this tech sell off. We're going to get to that in

just a moment. But what is happening in Bitcoin today is nothing short of extraordinary.

McKenzie Segalis is here with this big sell off there. Hey, Mack.

Hey, Scott. So Bitcoin's getting close to breaking below $65,000 now,

having already wiped out all of its post-election gains. It's down 20% this week and 47% off

the record high it hit just four months ago. Options traders on Deribit are positioning for the

next leg lower, with open interest concentrated at 60,000.

Deutsche Bank put it bluntly.

Traditional investors are losing interest,

and that is a problem for the digital asset market.

The institutional bid that was supposed to put a floor

under this market is gone.

US Bitcoin ETFs are net sellers in 2026,

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