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Bloomberg Intelligence strategist Mike McGlone has expressed concerns that Bitcoin might decline to $10,000 unless it can decisively reclaim and maintain a price of $75,000. According to CoinDesk, McGlone linked this perspective to Bitcoin's extensive trading history around the $10,000 mark prior to the liquidity surge in 2020.

According to CoinMarketCap data, the global cryptocurrency market cap now stands at $2.28T, down by 0.28% over the last 24 hours.Bitcoin (BTC) traded between $65,056 and $67,361 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $65,969, down by 0.63%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include KAVA, KNC, and ALICE, up by 25%, 20%, and 18%, respectively.Top stories of the day:Federal Reserve Likely to Maintain Interest Rates Amid Geopolitical Tensions U.S. Service Member Deaths Rise Amid Middle East TensionsCrypto Funds See $1B Weekly Inflows, Ending 5-Week $4B Outflow Streak U.S. Short-Term CPI Swaps Surge as One-Year Contract Rises 11 Basis Points to 2.62% Key Economic Data Releases Expected This Week Russia to Lift Temporary Crypto Mining Restrictions in Siberian Regions OpenAI Open to Pentagon Assurances on Anthropic Gold Futures Surge Amid US-Israel-Iran Conflict Iran's Security Official: No Talks with the U.S. X Lifts Ban on Crypto Promotions, Influencers Must Disclose PartnershipsMarket movers:ETH: $1959.04 (-1.62%)BNB: $620.37 (-0.30%)XRP: $1.3562 (-2.05%)SOL: $83.85 (-1.99%)TRX: $0.2818 (+0.14%)DOGE: $0.09253 (-1.72%)WLFI: $0.1065 (-4.05%)U: $0.9999 (-0.01%)ADA: $0.273 (-2.71%)WBTC: $66270.67 (-0.33%)

To celebrate the “Write to Earn” Promotion now open to all creators on Binance Square, every KYC-verified user can automatically enjoy the benefits—no registration required!
Join our limited-time celebration and earn double rewards when you post on Binance Square:
✅ Up to 50% trading fee commission
✅ Share a limited-time bonus pool of 5,000 USDC!
Activity Period: 2026-02-09 00:00 (UTC) to 2026-03-08 23:59 (UTC)
*This is a general campaign announcement and products might not be available in your region.
1. New Creator Kickoff (3,000 USDC Pool)
👉 Eligible Participants: New users participating in Write to Earn for the first time, and creators with cumulative Write to Earn earnings of 0 USDC
💰 Rewards:

2. Active Creator Sprint (1,500 USDC Pool)
👉 Eligible Participants: All Write to Earn participants
💰 Rewards:

3. Top Content Rewards (500 USDC Pool)
👉 Eligible Participants: All Write to Earn participants
💰Rewards for Top 10 Single-Content Earnings:

Zero entry threshold, effortless content monetization — Don’t wait, start earning now!
For More Information
Pro Tips to Boost Your Write to Earn RewardsFrequently Asked Questions on Binance Square “Write to Earn” Promotion
Terms and Conditions
This Promotion may not be available in your region. Only Binance Square creators who complete account verification (KYC) will be eligible to participate in this Promotion, except those who are in countries which have specific Binance Product blocks.Participants must comply with the Write to Earn Promotion terms and conditions.  
Users can earn rewards simultaneously in Activities 1, 2, and 3. In Activity 3, the same user can receive multiple rewards. For Activities 1 and 2, each user’s individual reward is capped at 5 USDC respectively.If your content generates any commission on a given day, you will receive a Square Assistant notification the next day with the detailed amount. Please note that rewards will be distributed on a weekly basis, by the following Thursday at 23:59 (UTC). Once you accumulate at least 0.1 USDC of commission rewards each week, Binance Square will update your weekly performance on the promotion page by the following Thursday at 23:59 (UTC). The Binance Square team will review all content for compliance with campaign guidelines and select final winners according to campaign rules.All 5,000 USDC rewards will be distributed in the form of USDC token vouchers to eligible users within 21 working days after the Activity ends. Users will be able to log in and redeem their voucher rewards via Profile > Rewards Hub. Binance reserves the right to cancel a user’s eligibility in this promotion if the account is involved in any behavior that breaches the Binance Square Community Guidelines or Binance Square Terms and Conditions.Binance reserves the right at any time in its sole and absolute discretion to determine and/or amend or vary these terms and conditions without prior notice, including but not limited to canceling, extending, terminating, or suspending this promotion, the eligibility terms and criteria, the selection and number of winners, and the timing of any act to be done, and all participants shall be bound by these amendments.Binance reserves the right of final interpretation of this promotion.Additional promotion terms and conditions can be accessed here.There may be discrepancies in the translated version of this original article in English. Please reference this original version for the latest or most accurate information where any discrepancies may arise. 
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