XRP is trading at $1.37, down nearly 15% over the past week and 33% in the last 30 days. Analyst Arthur, in an X thread early Wednesday, highlights a long-term monthly ascending channel with support at $0.85–$0.95, roughly 30% below current levels. Derivatives data from Arab Chain show open interest fell on Bybit, Binance and Kraken as speculative positioning cooled.

QCP reported that spot Bitcoin ETFs netted $145 million yesterday, while spot ETH funds took in $57 million after three days of outflows. Prices rebounded, with BTC briefly touching $71,000 and ETH $2,150 before easing to about $68,000 and $1,980, as traders monitored upcoming NFP and CPI prints.

On Wednesday, February 11, Bitcoin dropped back under $67,000 after rebounding from last week's fall to $60,000, while social media sentiment stayed heavily tilted toward fear. On-chain and market data point to elevated volatility, rising liquidations and comparisons with past bear-market structures, leaving traders divided over whether the latest correction has run its course.

On February 9, 2026, a Forbes report said Binance users held about 87% of the Trump-linked stablecoin USD1, or roughly $4.7 billion of its $5.4 billion supply, based on Arkham Intelligence data. CZ argued the concentration reflects Binance's wider dominance across major stablecoins and aligns with its large share of spot and derivatives trading volumes in 2025.

Ethereum-focused treasury firm BitMine, chaired by Tom Lee, bought about $83 million worth of ETH in two 20,000-coin deals as the asset traded near multi‑month lows. The company now holds roughly 4.32 million ETH at an average cost of $3,850, leaving it more than $7.8 billion down on paper with prices around $2,040. While some large holders have sold heavily in recent weeks, BitMine is maintaining a long‑term stance and has no debt obligations forcing sales.

Between Jan 22 and Feb 6, Bitcoin network difficulty decreased 14.1%, while publicly listed miner Cango disclosed a weekend sale of 4,451 BTC for about $305M. Miner exchange inflows have stayed near a 30‑day average of 82 BTC, pointing to localized balance‑sheet moves as profitability metrics soften.

On a fourth-quarter earnings call, Strategy CEO Phong Le said the company's balance sheet remains stable and its Bitcoin reserves still cover its convertible debt. He noted that only if BTC fell to $8,000 and stayed there for five to six years would the firm need to consider restructuring or raising additional capital, while Executive Chairman Michael Saylor reaffirmed the company's long-term Bitcoin strategy.

Vitalik Buterin linked wallets offloaded 6,183 ETH over a three day span as Ether slipped below $2,000, with initial disclosures noting 2,961 ETH before a quick update raised the total. ETH hovered near $1,900 after sharp daily and weekly losses, while large holders repositioned through sizable sales and selective dip buying.

Bitcoin fell to roughly $60,000 before rebounding toward $65,000, with Santiment on February 6 linking the recovery to a spike in social media calls for the price to move lower. The pullback erased weeks of gains and left BTC nearly 9% down on the day and about 30% lower over the past month, while traders remain split on whether extreme fear and heavy short positioning can drive a move back toward $70,000 or signal further downside.