Ding Ding Top 10 Cryptocurrency News Within 24 Hours

1. Why the market fell: On 2/10, cryptocurrencies weakened, with the market focusing on risk events and cooling demand. When BTC pulled back, leveraged long positions faced passive liquidation, amplifying volatility.

2. Exchange incidents escalated: South Korea launched an investigation into Bithumb's "misissued BTC," and uncertainties in internal controls and compensation will directly affect trading confidence and liquidity.

3. Capital is more defensive: The BTC/Gold ratio released pressure signals; when gold strengthens, altcoins are more likely to be drained, and the rotation is unfriendly to bulls.

4. Volume shrinks alarm: BTC is near 69,700, but trading volume shrank to about 111 billion USD; if the rebound lacks increased capital, it is likely to turn into a short-lived pullback.

5. Passive income returns: One-click BTC yield products attract attention, indicating that the market wants cash flow more during fluctuations, but it will also magnify scrutiny on transparency and risk control.

6. Macro pressure remains: Global sentiment for risk assets has cooled, and BTC is still treated as a risk asset; a change in external news can easily trigger another wave of selling.

7. USDT increases cross-chain investment: USDT invests in LayerZero, upgrading the interoperability track, with long-term bullish tendencies leaning towards Web3 infrastructure and capital efficiency.

8. Robinhood enters the L2 arena: The Robinhood Chain public test network has launched, following the ETH L2 route; the expansion of traditional brokerage platforms into the Web3 landscape is a long-term structural bullish factor.

9. Whales face massive losses: Hyperliquid suffered a huge loss of 250 million USD on ETH long positions, reminding the market that the leveraged structure remains fragile, easily triggering a chain liquidation.

10. Institutional staking becomes easier: Ripple Custody, through Figment, allows institutions to stake ETH and SOL within the custody framework, which is a plus for compliance capital entry.

Trend bullish/bearish judgment: Short-term biased bearish to neutral. The bearish factors are declining volume, weakened risk appetite, risk of leveraged liquidation, and exchange incidents; bullish factors are accelerated infrastructure investment, more complete compliance tools for institutions, and traditional platforms increasing Web3 involvement. The strategy leans towards low leverage, waiting for volume to return and risk sentiment to warm up before increasing positions.

#BTC #ETH #SOL #LINK #USDT #Crypto #Web3 #DeFi #RWA #Regulation #Onchain #LayerZero #Macro #RiskManagement