📉 Cryptocurrencies sink!

Carnage can be spotted on the cryptocurrency market today. Bitcoin slumping for the second day in a row and in spite of recovering part of losses, still trades around 12% lower today. Bitcoin is trading over 20% off a recent all-time high. A correction from the beginning of January saw price drop as much as 30%. A key level to watch can be found at $45,000, where the lower limit of the Overbalance structure can be found. Breaking below this level may herald a drop towards the previous local high in the $41,500 area.

Bitcoin drops around 12% today. The key support to watch can be found at the $45,000 mark. Source: xStation5

Other cryptocurrencies are also plunging today. Declines in some cases exceed 20%. Source: xStation5

Investors can use CFD contracts on cryptocurrencies to take long positions (if they expect price to rise) or short positions (if they expect price to fall).

10 February 2026, 6:47 PM

Daily summary: Weak US data drags markets down, precious metals under pressure again!

10 February 2026, 9:57 AM

🚨 Bitcoin drops to $69,000 📉 A 1:1 correction scenario?

9 February 2026, 1:47 PM

Market wrap: Novo Nordisk jumps more than 7% 🚀

9 February 2026, 9:54 AM

Crypto news: Bitcoin falls below $70k 📉Will crypto slide again?

Crypto

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