Crypto Morning Daily

ETFs

Crypto-linked ETFs remained under pressure, with price performance broadly negative across major products and fund flows continuing to trend lower. Spot Bitcoin ETFs declined roughly 1% on the day, with iShares Bitcoin Trust (IBIT) closing at $40.11 and Fidelity’s FBTC at $61.61, both down more than 7% over the past week and over 21% on a one-month basis. Three- and six-month returns remained deeply negative, with most Bitcoin ETFs down more than 30% over three months and nearly 40% over six months. Relative strength indicators across the category remained depressed, with RSI readings near 25, suggesting oversold conditions but little evidence of near-term momentum reversal.

Flows data reflected continued investor caution. Despite modest one-day inflows into select products, weekly and monthly flows were decisively negative, with IBIT posting approximately $115 million in weekly outflows and more than $800 million in monthly redemptions. Year-to-date flows remained negative across several spot Bitcoin ETFs, even as longer-term one-year flows were still positive for early-launch products, indicating that recent selling pressure has been driven by short-term risk reduction rather than a full unwind of longer-term allocations. Overall, the ETF market continues to mirror weakness in underlying crypto prices, with investors maintaining a defensive stance amid sustained drawdowns and elevated volatility.

Digital Assets

The cryptocurrency market showed modest stabilization overnight, with total market capitalization rising 0.5% to $2.42 trillion as of 06:00 ET on February 10, following a weaker close the prior evening when market cap declined 0.5% to $2.47 trillion. Bitcoin traded at $68,974, up 0.6% over the past 24 hours, though it remains down 11.7% over the past week, reflecting continued pressure on large-cap assets. Ethereum edged slightly lower, down 0.3% to $2,015, and is off 11.6% over the last seven days. Among other Layer-1 networks, BNB rose 1.6% to $627.13, while Solana gained 1.5% to $84.22, both outperforming the broader market despite remaining down approximately 18% on a seven-day basis. Cardano advanced 1.4% to $0.26, Avalanche increased 1.1% to $8.83, and Hedera outperformed with a 2.6% gain to $0.09.

Altcoins showed selective strength, led by MemeCore, which climbed 6.9% to $1.53 and is now modestly higher over the past week, while Aster rose 6.8% to $0.64, extending its seven-day gain to 7.6%. Zcash advanced 6.1% to $242.26, although it remains down 14.4% over the week. Sky continued its recent momentum, gaining 4.2% to $0.07 and up 12.6% over seven days, while UNUS SED LEO rose 3.5% to $8.60. On the downside, Hyperliquid extended its losses, falling 6.1% to $29.69 and down 18.0% over the past week. MYX Finance declined 3.9% to $6.03, Pi slipped 1.4% to $0.14, and SEI and Polkadot both posted additional modest declines.

Sector performance was mixed. Within DeFi, Chainlink rose 0.7% to $8.54, Cronos gained 1.9% to $0.08, and Uniswap advanced 1.2% to $3.37, while Filecoin outperformed with a 2.5% increase to $0.92. Aave was little changed at $109.07. Metaverse-related tokens showed signs of stabilization, with Internet Computer up 0.9% to $2.36, Axie Infinity gaining 3.1% to $1.51, and The Sandbox rising 2.0% to $0.08, while Chiliz declined 1.4% to $0.04. Overall, market action points to cautious consolidation following recent drawdowns, with investors selectively rotating into higher-momentum names while maintaining a defensive posture toward large-cap assets.

Data

Feb 10, 2026 Crypto Morning Update:

Trading Update as of 06:00ET: Total Market Cap +0.5% to $2.42T

• Notable Gainers – Last price, 24H, 7D changes, Fully Diluted Valuation
  • MemeCore (M) $1.53 / +6.9% / +1.1% / $15.28B
  • Aster (ASTER) $0.64 / +6.8% / +7.6% / $5.11B
  • Zcash (ZEC) $242.26 / +6.1% / (14.4%) / $5.09B
  • Sky (SKY) $0.07 / +4.2% / +12.6% / $1.63B
  • UNUS SED LEO (LEO) $8.60 / +3.5% / (0.3%) / $8.47B
• Notable Decliners
  • Hyperliquid (HYPE) $29.69 / (6.1%) / (18.0%) / $28.55B
  • MYX Finance (MYX) $6.03 / (3.9%) / (3.8%) / $6.03B
  • Pi (PI) $0.14 / (1.4%) / (12.6%) / $13.82B
  • SEI (Sei) $0.07 / (0.6%) / (18.2%) / $0.73B
  • Polkadot (DOT) $1.27 / (0.6%) / (16.3%) / $2.67B
• Layer-1
  • Bitcoin (BTC) $68,974 / +0.6% / (11.7%) / $1448.45B
  • Ethereum (ETH) $2,015 / (0.3%) / (11.6%) / $243.16B
  • BNB (BNB) $627.13 / +1.6% / (18.2%) / $85.51B
  • Solana (SOL) $84.22 / +1.5% / (18.0%) / $52.23B
  • Cardano (ADA) $0.26 / +1.4% / (10.6%) / $11.86B
  • Avalanche (AVAX) $8.83 / +1.1% / (12.1%) / $6.32B
  • Hedera (HBAR) $0.09 / +2.6% / (0.3%) / $4.51B
  • Polkadot (DOT) $1.27 / (0.6%) / (16.2%) / $2.67B
• Metaverse
  • Internet Computer (ICP) $2.36 / +0.9% / (11.3%) / $1.29B
  • Axie Infinity (AXS) $1.51 / +3.1% / (1.6%) / $0.41B
  • Chiliz (CHZ) $0.04 / (1.4%) / (10.1%) / $0.4B
  • Klaytn (KLAY) $0.05 / +1.0% / (12.5%) / $0.31B
  • The Sandbox (SAND) $0.08 / +2.0% / (15.0%) / $0.25B
• DeFi
  • Chainlink (LINK) $8.54 / +0.7% / (10.8%) / $8.54B
  • Cronos (CRO) $0.08 / +1.9% / (4.5%) / $7.85B
  • Uniswap (UNI) $3.37 / +1.2% / (13.2%) / $3.03B
  • Filecoin (FIL) $0.92 / +2.5% / (14.3%) / $1.8B
  • Aave (AAVE) $109.07 / (0.1%) / (13.4%) / $1.75B