Plain Language Blockchain Morning Report: Despite the cooling of the crypto market, the total market capitalization of stablecoins remains high, with USD1 month growth exceeding 50%

白话区块链 · 2026-02-08T01:27:08+00:00

Despite the crypto market's weakness, stablecoin market capitalization remains high. Bitcoin's short-term trend is mixed, with some institutions predicting it could drop to $50,000, while there is leverage de-risking risk in the market. Coinbase CEO stated that they will continue to be optimistic about cryptocurrencies.

白话区块链

2026-02-08 01:27:08

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Despite the cooling of the crypto market, the total market capitalization of stablecoins remains high, with USD increasing by over 50% in January;
Arthur Hayes: Bitcoin’s sharp decline may be due to a hedge operation by a trader on IBIT structured products;
10X Research: Bitcoin may dip to as low as $50,000 this summer, with the current decline triggered by hedging activities in the options market;
Suspected BitMine address has increased its holdings by another 20,000 ETH, worth $41.67 million;
Michael Saylor no longer insists on “buy and hold only”: selling Bitcoin is also an option;
Short-term Bitcoin trend opinions are divided: some traders are eyeing $84,000, but bear market risks still exist;
Bitwise advisor reviews the February 5 crash: Bitcoin’s decline may have been caused by traditional financial deleveraging rather than crypto fundamentals;
BTC and ETH spot prices experienced abnormal fluctuations on a 1-minute level this morning, with single-minute volatility exceeding 3% at times;
Coinbase CEO: Long-term optimistic about cryptocurrencies, Coinbase will continue to operate under any market conditions.

BTC4.44%

ETH5.7%

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