Search query
Why Is The Crypto Market Down Today?
Aaryamann Shrivastava
Mon, February 16, 2026 at 10:25 AM GMT+5 3 min read
In this article:
MSTR
+8.85%
MORPHO34104-USD
-0.46%
DOGE-USD
-12.21%
BTC-USD
-3.15%
APO
-0.24%
Start trading like a professional today!
Interactive Brokers
•
Ad
The total crypto market cap (TOTAL) and Bitcoin (BTC) continued their sideways momentum as the week began. Dogecoin (DOGE), following in the footsteps of the crypto king, registered a 7.5% decline in the last 24 hours.
In the news today:-
Strategy plans to convert its $6 billion in convertible bond debt into equity, reducing balance sheet debt while potentially diluting existing shareholders. The firm says its $49 billion Bitcoin holdings can withstand a drop to $8,000 per BTC and still fully cover outstanding debt.
Apollo Global Management has partnered with Morpho, agreeing to acquire up to 90 million MORPHO tokens, or 9% of the total supply, over four years. The deal aims to support and expand Morpho’s on-chain lending infrastructure, though specific collaboration details were not disclosed.