XXYY.cc Morning News | February 12, 2026

21:00-07:00 Keywords: Non-Farm Payroll Surprises · BTC 68,000 · Goldman Sachs Holdings · White House Compromise

1️⃣ U.S. Non-Farm Payroll Data Exceeds Expectations, Rate Cut Expectations Douse

The overnight release of January's non-farm payroll added 130,000 jobs (expected 65,000), and the unemployment rate fell to 4.3%. Strong data caused the probability of a rate cut in April to drop to 20%, and expectations for a prolonged high-interest environment led to a collective retreat in risk assets.

2️⃣ BTC Struggles to Hold $68,000, $240 Million Liquidated in 24 Hours

Affected by macroeconomic headwinds, BTC fell below the $68,000 mark, dipping as low as $67,500. ETH also weakened, briefly falling below the psychological level of $2,000. Over the past 24 hours, more than 120,000 people were liquidated, forcing the long positions' defensive focus to shift downwards.

3️⃣ White House Stablecoin Meeting Makes Progress, Banks Consider "Yield Exemption" for the First Time

The latest round of stablecoin discussions from the White House releases good news: banks are softening their stance and are willing to consider the proposal for "trading reward exemptions" from crypto companies. This is viewed as an important concession in the compliance and yield characteristics of stablecoins.

4️⃣ Goldman Sachs Discloses $2.36 Billion in Crypto Assets, BTC Makes Up Half

Goldman Sachs' latest financial report reveals its crypto holdings: $1.1 billion in BTC, $1 billion in ETH, with the rest distributed among XRP and SOL. The significant holdings of this top investment bank provide strong psychological support in the current volatile market.

5️⃣ Financial Circle: China's Central Bank Signals "Moderate Easing," Gold Bets at $5,000

China's central bank reiterated that there is still room for reserve requirement ratio and interest rate cuts, supporting the economy. Meanwhile, spot gold, although reaching a high of $5,078, fell back to around $5,000 under pressure from a strengthening dollar, showing intense range fluctuations.

6️⃣ LayerZero Secures Investments from Castle Securities and ARK, Launches Institutional-Level Zero Chain

LayerZero announced the launch of the Zero Chain designed specifically for financial institutions. The backing of top traditional capital shows that Web3 infrastructure is accelerating its penetration into TradFi.