Crypto market wobbles as investors ignore good news, look for ‘exit ramp’

Crypto Daybook Americas Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Crypto market wobbles as investors ignore good news, look for ‘exit ramp’ Your day-ahead look for Feb. 13, 2026 By Francisco Rodrigues | Edited by Sheldon Reback Feb 13, 2026, 12:38 p.m. Make us preferred on Google If investors "see an exit ramp, they're taking it.” (Markus Pfaff/Shutterstock modified by CoinDesk) What to know : You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will kickstart your morning with comprehensive insights. If you're not already subscribed to the email, click here . You won't want to start your day without it. Crypto Daybook Americas will not be published on Monday, Feb. 16 due to the Presidents' Day holiday in the U.S. We will be back on Feb. 17. By Francisco Rodrigues (All times ET unless indicated otherwise) STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Bitcoin BTC $ 67,114.82 is on track for a fourth straight weekly decline in its longest negative streak since mid-November. The largest cryptocurrency has lost 1.7% in the past 24 hours and 4.8% since Monday morning. The broader CoinDesk 20 Index (CD20) fell 2% in a market that, according to Bitwise research analyst Danny Nelson, is mostly driven by fear. Indeed, the Crypto Fear and Greed Index has now been in “extreme fear” territory for almost two weeks. “The market’s main driver right now is fear. Fear that we’ll go lower,” Nelson told CoinDesk. “In a market like this, good news doesn't register with investors. If they see an exit ramp, they're taking it.” To illustrate his point, Nelson pointed to the reaction to Uniswap’s UNI $ 3.3332 25% increase after the world’s largest asset manager, BlackRock (BLK), said it was making shares of its $2.2 billion tokenized U.S. treasury fund BUIDL tradable on the decentralized exchange. The token has now given back the gains made after that announcement. “Sellers bearish on the market's short-term direction overwhelmed the bulls betting that institutional adoption will drive value long-term,” he said. Earlier this week, stronger U.S. payroll data and a falling unemployment rate prompted traders to rethink rate-cut expectations for the year. Further guidance may come later today in the form of inflation figures for the world's largest economy. The U.S. Consumer Price Index (CPI) for January is forecast to show 2.5% year-over-year inflation. Adding to that uncertainty is concern over a partial U.S. government shutdown. Odds of that occurring tomorrow are now around 90% on prediction market Kalshi . If one materializes, expect even more volatility amid thin trading. Stay alert! Read more: For analysis of today's activity in altcoins and derivatives, see Crypto Markets Today What to Watch For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Crypto Nothing scheduled. Macro Feb. 13, 8:30 a.m.: U.S. core inflation rate YoY for January (Prev. 2.6%); MoM Est. 0.3% (Prev. 0.2%) Feb. 13, 8:30 a.m.: U.S. inflation rate YoY for January (Prev. 2.7%); MoM Est. 0.3% (Prev. 0.3%) Earnings (Estimates based on FactSet data) Feb. 13: Trump Media & Tech Group (DJT), post-market Feb. 13: HIVE Digital Technologies (HIVE), post-market, -$0.07 Token Events For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Governance votes & calls Nothing scheduled. Unlocks Feb. 15: Connex CONX $ 11.33 to unlock 1.56% of its circulating supply worth $15 million. Token Launches Feb. 13: Binance to delist Acala Token (ACA), CHESS $ 0.003086 , DATA $ 0.0₃9313 , DF $ 0.001627 , GHST $ 0.1101 , and NKN $ 0.008952 . Conferences For a more comprehensive list of events this week, see CoinDesk's " Crypto Week Ahead ". Nothing scheduled. Market Movements BTC is up 1.75% from 4 p.m. ET Thursday at $66,933.65 (24hrs: -0.83%) ETH is up 2.05% at $1,961.15 (24hrs: -0.97%) CoinDesk 20 is up 1.48% at 1,913.46 (24hrs: -1.96%) Ether CESR Composite Staking Rate is down 15 bps at 2.85% BTC funding rate is at 0.0019% (2.0947% annualized) on Binance DXY is up 0.13% at 97.05 Gold futures are up 1.41% at $4,993.10 Silver futures are up 3.65% at $78.30 Nikkei 225 closed down 1.21% at 56,941.97 Hang Seng closed down 1.72% at 26,567.12 FTSE 100 is up 0.12% at 10,414.44 Euro Stoxx 50 is down 0.16% at 6,001.38 DJIA closed on Thursday down 1.34% at 49,451.98 S&P 500 closed down 1.57% at 6,832.76 Nasdaq Composite closed down 2.03% at 22,597.15 S&P/TSX Composite closed down 2.37% at 32,465.30 S&P 40 Latin America closed down 1.71% at 3,741.30 U.S. 10-Year Treasury rate is down 7 bps at 4.10% E-mini S&P 500 futures are down 0.27% at 6,832.50 E-mini Nasdaq-100 futures are down 0.29% at 24,696.00 E-mini Dow Jones Industrial Average Index futures are down 0.33% at 49,358.00 Bitcoin Stats BTC Dominance: 59.01% (+0.41%) Ether-bitcoin ratio: 0.02923 (-0.55%) Hashrate (seven-day moving average): 1,027 EH/s Hashprice (spot): $33.55 Total fees: 2.55 BTC / $170,716 CME Futures Open Interest: 116,875 BTC BTC priced in gold: 13.5 oz. BTC vs gold market cap: 4.48% Technical Analysis Bitcoin remains pressured below the 200-week exponential moving average of $68,324. A confirmed weekly close below this level historically signals a further 20%-25% capitulation. The would take it toward the $51,000–$54,000 range before a bottom forms Crypto Equities Coinbase Global (COIN): closed on Thursday at $141.09 (-7.90%), +5.87% at $149.37 in pre-market Circle Internet (CRCL): closed at $56.63 (-2.13%), +1.71% at $57.60 Galaxy Digital (GLXY): closed at $20.15 (-1.23%) Bullish (BLSH): closed at $31.71 (-0.53%), +0.28% at $31.80 MARA Holdings (MARA): closed at $7.25 (-4.10%), +1.10% at $7.33 Riot Platforms (RIOT): closed at $14.20 (-4.05%), +0.85% at $14.32 Core Scientific (CORZ): closed at $17.48 (-3.37%), +0.11% at $17.50 CleanSpark (CLSK): closed at $9.31 (-3.22%), +1.18% at $9.42 CoinShares Valkyrie Bitcoin Miners ETF (WGMI): closed at $40.10 (-3.70%) Exodus Movement (EXOD): closed at $10.19 (+1.09%) Crypto Treasury Companies Strategy (MSTR): closed at $123.00 (-2.44%), +1.54% at $124.89 Strive (ASST): closed at $7.70 (-4.82%), +0.52% at $7.74 SharpLink Gaming (SBET): closed at $6.54 (-1.21%), +1.07% at $6.61 Upexi (UPXI): closed at $0.74 (-8.82%) Lite Strategy (LITS): closed at $1.03 (-3.74%) ETF Flows Spot BTC ETFs Daily net flows: -$410.2 million Cumulative net flows: $54.3 billion Total BTC holdings ~1.27 million Spot ETH ETFs Daily net flows: -$113.1 million Cumulative net flows: $11.67 billion Total ETH holdings ~5.8 million Source: Farside Investors While You Were Sleeping Wall Street analysts cut Coinbase price targets following Q4 earnings miss (CoinDesk): JPMorgan said weak crypto prices and trading activity weighed on volumes and fees. The bank maintained its overweight rating on the crypto exchange, but cut the price target to $252 from $290. Gold rebounds from near one-week low; US inflation data in focus (Reuters): Gold rebounded, recovering from a nearly one-week low in the previous session, as investors awaited key U.S. inflation figures for cues on the direction of interest rates following robust jobs data. U.S. is sending its largest warship to the Middle East (WSJ): The Pentagon is sending the Navy’s largest and most advanced aircraft carrier to the Middle East as the U.S. steps up plans for a potential attack on Iran. China FX conversion eases from record as yuan appreciation slows (Bloomberg): Chinese banks’ clients made less foreign-exchange conversion into the yuan in January, coinciding with a slower pace of appreciation for the country’s tightly managed currency. Crypto Daybook Americas More For You Accelerating Convergence Between Traditional and On-Chain Finance in 2026? By CoinDesk Jan 30, 2026 Commissioned by Societe Generale-FORGE Read full story More For You Crypto bulls ignore 'extreme fear' to push bitcoin higher By Francisco Rodrigues | Edited by Sheldon Reback Feb 12, 2026 Your day-ahead look for Feb. 12, 2026 What to know : You are viewing Crypto Daybook Americas, your morning briefing on what happened in the crypto markets overnight and what's expected during the coming day. Crypto Daybook Americas will kickstart your morning with comprehensive insights. If you're not already subscribed to the email, click here . You won't want to start your day without it. Read full story Latest Crypto News Ark Invest buys $18 million of crypto stocks including 10th consecutive Bullish purchase 25 minutes ago Bitcoin, ether little changed before U.S. inflation report 47 minutes ago PGI Global CEO handed 20-year sentence for $200 million bitcoin, forex Ponzi scheme 1 hour ago Bitcoin’s long-term rally is ‘broken’ until it reclaims $85,000, Deribit executive says 2 hours ago Wall Street analysts cut Coinbase price targets following Q4 earnings miss 2 hours ago Recapping Consensus Hong Kong 4 hours ago Top Stories Crypto execs Armstrong, Garlinghouse among many named to U.S. CFTC advisory group 14 hours ago Key Senate Democrat wants U.S. crypto bill to move, and SEC chief reveals danger of defeat 18 hours ago Coinbase misses Q4 estimates as transaction revenue falls below $1 billion 15 hours ago Crypto PAC Fairshake seeks to force resistant Texas Democrat Al Green from U.S. House 16 hours ago In this article BTC BTC $ 67,114.82 ◢ 1.08 % UNI UNI $ 3.3332 ◢ 2.54 % CONX CONX $ 11.33 ◢ 0.93 %