Crypto Market in Breif | 9 Feb 2026
On 9 February 2026, the cryptocurrency market showed signs of stabilization following a period of high volatility and a steep correction from January highs. The total crypto market capitalization hovered around $2.6 trillion, as Bitcoin (BTC) found support near the $70,000 mark after rebounding from a recent low of $60,000.
Market Performance Overview
While most major assets recovered slightly from a "capitulation-style" sell-off the previous week, the market remained under pressure with a cautiously optimistic to neutral sentiment.
Key Market Highlights
Bitcoin (BTC): After reaching a historical high of over $126,000 in late 2025, BTC struggled to regain momentum, ending the day around $70,125. Open interest in futures declined to $16 billion, indicating a phase of market deleveraging.
Ethereum (ETH): Ether underperformed Bitcoin, trading around $2,100. It faced bearish sentiment as investors monitored its ability to hold the $2,000 support level.
Institutional Activity: Despite the price pressure, Bitcoin ETFs saw mixed results; however, altcoins like Solana (SOL) and XRP recorded minor inflows of $8.2M and $64.1M respectively, suggesting selective "dip buying" by larger investors.
Market News: Markets were unsettled by a temporary error at the Bithumb exchange involving a massive accidental BTC transfer, though nearly all funds were recovered quickly.
Top Gainers (9 Feb 2026)
The following smaller tokens saw notable gains during the recovery phase:
AC Milan Fan Token (ACM): +6.51%
Alpine F1 Team Fan Token (ALPINE): +6.26%
Inter Milan Fan Token (INTER): +6.02%
Litecoin (LTC): Rebounded with a 10.23% climb during the session.
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