The strong correlation between crypto and the software sector reasserted itself on…
Top markets on Myriad this week include predictions on Bitcoin's next move, a multimillion-dollar Pokémon card sale, and more.
February 12, 2026, 8:15 pmGold tanked up to 4.1% before trimming some of that drop. Silver crashed 11%, and copper sank 2.9% as traders reportedly dumped metals to free up cash or cover losses elsewhere. Dow plunged 530 points, or 1.1%, led by a brutal 11% drop in Cisco after weak guidance. The S&P 500 also fell 1.1%.
February 12, 2026, 7:18 pm
BlockFills, a Chicago-based institutional crypto lender and liquidity provider, has temporarily stopped client bitcoin deposits and withdrawals after a sharp slide in Bitcoin.
Bitcoin fell below $66,000 for the second straight session, hitting an intraday low of $65,312 as bearish momentum deepens. The slide has fueled fears of a retest of the $60,000 floor, with some analysts warning of a possible drop to $40,000.
The funding follows a $305 million Bitcoin sale and increases a key investor’s voting power to nearly 50%, as the company restructures its balance sheet amid sector volatility.
Bitcoin and Ether spot ETF holders are nursing steep losses as the market continues to search for a local bottom, but data from Bloomberg suggests neither cohort is capitulating.
A decade-long debate intensifies as fresh data fuels arguments on both sides of the gold versus Bitcoin rivalry.
Glassnode analysts said Bitcoin remains stuck between “key cost-basis levels,” and a prolonged consolidation period may lie ahead even if traders are actively buying dips to the range lows.
Exponential tech will force down prices and stress legacy finance, for which bitcoin offers a trustless alternative, said Wood at Bitcoin Investor Week.
Bitcoin-buying firms delivered on demand last year, but they struggled to keep up with market leader Strategy for a fourth straight month.
A Deutsche Bank strategist argued that bitcoin has “decoupled” from gold and no longer fits the “digital gold” label, pointing to a sharp divergence in 2025 performance as regulation uncertainty and ETF outflows weigh on sentiment.
$65,520.00 -3.51%
$1.31T Market Cap
$49.36B Total Volume (3.76%)
$126,080 All Time High -48.03%
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