📈 Crypto Market News – February 10, 2026
- Market Overview: Historic Volatility History has been made today. The crypto market is witnessing unprecedented volume as Bitcoin challenges the six-figure mark. The global crypto market cap has spiked to $3.62 Trillion.
Traffic: Major exchanges (Binance, Coinbase) reported brief outages/lag earlier in the US session due to a massive influx of retail traffic, a classic sign of "peak euphoria."
- Bitcoin (BTC) The $100k Battle Bitcoin officially tapped $100,000 for the first time in history on several spot exchanges before facing a swift rejection.
Price Action: Currently trading at $99,500.
Analysis: The "Sell Wall" at $100k was chewed through, but profit-taking was aggressive. We are now in "Price Discovery" mode. Volatility is extreme; intraday swings of $2,000-$3,000 are expected as the market decides if this is a sustained breakout or a "double top."
- Meme Coin Mania Returns As Bitcoin grabs headlines, retail capital is flooding into high-risk assets.
Sector: The Meme Coin sector (DOGE, PEPE, WIF) is exploding, up over 20% on average today.
Sentiment: "Retail is back." Social media engagement metrics for meme tokens have hit all-time highs, signaling that the mainstream public is re-entering the market in fear of missing out.
- Ethereum (ETH) Breaks Resistance Drafting off Bitcoin's momentum, Ethereum has shattered the $3,700 resistance level.
Rotation: As Bitcoin stutters at $100k, traders are aggressively rotating into ETH, anticipating it to play "catch up" and target its own all-time high next.
- Regulatory News: SEC Silence Notably, US regulators have been silent during this rally.
Interpretation: The lack of "enforcement action" news is being viewed as tacit approval or at least resignation by the SEC. This regulatory clarity (by omission) is giving institutional desks the confidence to keep buying at these elevated levels.
