Bitcoin slipped on Tuesday, February 10, 2026, trading at $70,096, while Ethereum followed the downtrend to $2,104. The daily drop sits at 0.6%, but the weekly performance is what’s grabbing attention: a steep 11.0% plunge. Crypto markets appear caught in a bearish spiral with no immediate signs of a rebound. This decline unfolds against a tense macroeconomic backdrop. Persistent inflation fears and speculation over central bank interest rate hikes are weighing on risk assets. Bitcoin, often touted as an alternative safe haven, is not immune to the pressure. Investors are trimming exposure, favoring the liquidity of traditional fiat currencies. The 11% weekly loss underscores a broad loss of confidence, amplified by declining trading volumes on major exchanges. For observers, this day marks a potential turning point. If the trend holds, the psychological $70,000 threshold could flip from support to resistance. The coming days will be critical in determining whether the market finds a floor or continues its descent. For now, caution prevails as traders scrutinize macroeconomic indicators for clues on what’s next.
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