The cryptocurrency market during the week of February 9 to February 15, 2026, was characterized by an attempt to stabilize after the sharp declines experienced earlier in the month. Although the overall sentiment remained at extreme fear levels (with indices dropping to 11, the lowest since 2022), the main assets showed slight technical resilience.

Performance Summary

Bitcoin (BTC): Started the week struggling to stay near $70,000, a level that acted as a key psychological resistance. Despite a momentary rebound, it closed the week around $67,500 - $68,000, accumulating a slight weekly drop of 1.7%.

Ethereum (ETH): It underperformed compared to Bitcoin, falling approximately 5% during the week. It stabilized above the critical support of $2,000, trading near $1,970 - $1,995 towards the end of the period.

Highlighted Altcoins: Unlike the leaders, some mid-cap tokens like Stable (STABLE) achieved significant rebounds of up to 45% weekly.

Determinants Factors

Macroeconomics and Risk Aversion: The release of employment data in the U.S. and persistent inflation reduced expectations for interest rate cuts, pushing investors towards safer assets, moving away from cryptocurrencies.

Liquidations and ETF Flows: The market suffered over $16,000 million in liquidations accumulated since the peak in October. Additionally, spot Bitcoin ETFs recorded net outflows exceeding $1,500 million, reflecting a pause in short-term institutional interest.

Technological Correlation: Weakness in technology company stocks and uncertainty about AI regulation negatively impacted the volatility of digital assets.

Despite the downward pressure, analysts from JPMorgan and other experts maintain a constructive outlook for the rest of 2026, trusting that institutional flow will return once macroeconomic conditions stabilize.