Crypto Market Trends and Price Analysis

Gate News bot message, Gate market display, BTC breaks through 69,000 USDT, current price 69,019.8 USDT.

Rapper Preme bet approximately $185,000 on Polymarket that Cardi B and Drake would not perform at the Super Bowl halftime show. However, since Cardi B's dance was counted as a performance, Preme ultimately lost about $178,000 and expressed his dissatisfaction.

Bitcoin's price has fallen below the $69K realized price for whales holding 100-1,000 BTC, signaling a potential market shift. This decline raises concerns about investor sentiment and risks of further downturns unless Bitcoin recovers above this threshold.

Binance converted $300 million in stablecoins into 4,225 BTC for its Secure Asset Fund, raising its Bitcoin holdings to 10,455 BTC. Interest also surrounds its relationship with Trump-linked USD1 stablecoin, which has a $5 billion supply, primarily held on Binance.

According to Coinglass data, if Bitcoin drops below $66,000, the liquidation strength of long positions on mainstream exchanges will reach $538 million; if it breaks through $70,000, the liquidation strength of short positions will reach $449 million. The liquidation chart shows the impact of price movements on liquidation strength.

Odaily Planet Daily reports that Coinglass data shows approximately $36.34 million in liquidations across the entire network in the past hour, including $28.37 million in short liquidations, $7.97 million in long liquidations, and additionally, BTC liquidations reached $21.22 million, while ETH liquidations totaled $8.48 million.

Gate News bot message, Gate market display, BTC drops below 68,000 USDT, current price 67,966.4 USDT.

Odaily Planet Daily reports: According to market sources, Kalshi, the prediction market's CEO, revealed that trading volume during Super Bowl Sunday exceeded $1 billion, a 2700% increase.

Bitcoin has gone through several boom-and-bust cycles since its creation, but long-term investors have often been rewarded for holding through periods of volatility. Even in more recent years, Bitcoin has continued to prove why it remains the dominant cryptocurrency in the market. So what would hav

ChainCatcher reports that, according to Cointelegraph, Kaiko Research states that the sharp correction in Bitcoin earlier this month may represent a key "midway point" in this bear market. Kaiko points out that this decline indicates the market has shifted from the euphoric phase following the halving to a more historically typical bear market cycle. This phase usually lasts about 12 months before entering a new accumulation period.

CertiK's "2026 Skynet Prediction Market Report" indicates that the predicted trading volume of prediction markets will reach $63.5 billion in 2025, with risks increasing accordingly. Legalized in the United States but banned in some EU countries, future efforts will need to address liquidity, security, and revenue models to achieve sustainable development.

BlockBeats News, February 10 — According to HyperInsight monitoring, WLFI advisor ogle is currently holding a long position on 775,000 ZRO with 5x leverage, with an average entry price of $2.15. The position is currently floating at a loss of $337,000. One month ago, they also purchased 33,411 ZRO in spot.

Gate News bot message, Gate market display, since launching Alpha, RIVER has increased by 50.46%, now priced at 19.292904245091268 USDT.

Ethereum's price recently dropped to $1,994, down 1.28% in 24 hours. A new whale has invested $33.38 million in ETH with a long position, stirring speculation of bullish sentiment. Key price levels at $2,000 and $2,150 could determine future trends.

As of February 9, the Bitcoin "Mayer Multiple" indicator dropped to 0.65, below the oversold level of 0.8, marking the first time since May 2022. Although extremely low levels can be seen as a buy signal, further declines are still possible, potentially testing the $40,000 range.

Odaily Planet Daily reports that Strategy founder Michael Saylor posted on the X platform stating that digital capital (such as Bitcoin) outperforms traditional capital, while digital credit (such as Strategy's preferred stock STRC) performs better than traditional credit. At the same time, Strategy stock, as a "leveraged exposure" to Bitcoin, will also outperform Bitcoin itself.

Odaily Planet Daily reports that, according to Gate data, spot gold's short-term gains have expanded to $20, now trading at $5054 per ounce.

Grayscale's latest report indicates that the recent decline in Bitcoin resembles a tech stock correction rather than a gold safe-haven mode, suggesting it remains an emerging technology asset. In the long term, regulation and infrastructure innovation may drive Bitcoin to become a store of value, but issues such as scalability need to be addressed.

Odaily Planet Daily reports that according to market sources: Strategy founder Michael Saylor stated in a recent interview that despite short-term price pressures, Bitcoin's returns over the next 4–8 years are expected to reach 2–3 times that of the S&P 500. He pointed out that current volatility provides an opportunity for strategic accumulation, and MicroStrategy will continue to accumulate Bitcoin assets as planned.

Bitcoin Cash is struggling below $522, facing strong resistance and negative market sentiment amid increasing selling pressure. A short-term technical bounce may occur, but further declines towards support at $478.70 remain possible if bearish trends persist.