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XRP slips below holder cost basis as SOPR drops and traders eye $1 support in February 2026
On February 10, 2026, XRP was changing hands at $1.41, about 25% lower than at the start of the year and below its estimated holder cost basis. This move has pushed the token's SOPR indicator under 1 and left price hovering above a nearby $1.39 support zone, sharpening debate over whether XRP will lose the $1 level or stage a rebound toward resistance between $1.47 and $1.56. Broader crypto market weakness and Bitcoin's struggle with the $70,000 mark are weighing on sentiment, even as some institutional forecasts continue to project a longer-term bull case for BTC.
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BTC
BTC+3.73%
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Bernstein sees Bitcoin at $150,000 in 2026, citing 'weakest bear case' in Feb 9 note
On February 9, brokerage Bernstein told clients it expects Bitcoin to set a new all‑time high of $150,000 in 2026, describing the setup as the 'weakest bear case.' The firm pointed to expanding institutional adoption, a more favorable U.S. policy climate, and the absence of major scandals; BTC was about $69,084 after a 22% year‑to‑date slide, implying a 117% climb to the target.
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BTC
BTC+3.73%
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Analyst warns Bitcoin must regain $80,000 or risk 25% plunge toward $50,000
According to on-chain analyst Ali Martinez, Bitcoin's sharp swings between late January and early February 2026 have put the asset at risk of a 25% drop unless it climbs back above a key zone around $80,000. With BTC trading near $75,985 after rebounding from lows close to $73,000 on February 3, it remains below both the ETF cost basis of $82,600 and the 100-week SMA at $87,500, levels Martinez links to potential downside toward $57,000 and even $50,000 by March or April. He further projects the decline could extend to a possible cycle low around $38,000 in October if ETF inflows fail to improve.
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BTC
BTC+3.73%
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