📰 BV News | Crypto Market Recap (Feb 11)

Extreme fear deepens — but volatility is creating sharp divergences.

Market snapshot:

• Fear & Greed Index rises to 11 (from 9 yesterday)
Sentiment remains in “Extreme Fear” territory.

• $AXS -8% in 24h
$DF +5%, showing a dip-and-rebound structure.
$PORTO, $USTC, $MUBARAK all saw “spike then fade” moves.
$IO hit a fresh daily low (-5.8%).
$VANA +3%, while $DUSK and $NKN posted mild declines.

• Liquidations: $296M in 24h
Longs: $230M liquidated
Shorts: $66M liquidated
$BTC & $ETH longs accounted for the majority of forced closures.

• US stablecoin yield talks labeled “productive”
The White House met with banks and crypto firms to discuss whether stablecoins should be allowed to offer yield incentives.
No final agreement yet — further meetings expected before the March 1 deadline.

• Corporate accumulation
UK-based The Smarter Web Company added 15 $BTC, bringing total holdings to 2,689 $BTC.

• Hong Kong regulatory shift
The SFC issued new guidance allowing licensed virtual asset brokers to expand services, including:
– Perpetual contracts
– Virtual asset margin financing
– Looser rules on affiliated market makers

⸻

Extreme fear, heavy long liquidations, regulatory movement, and institutional $BTC accumulation —
volatility remains high, but structural developments continue.

Is this panic phase close to exhaustion, or just the beginning of deeper deleveraging?

• Capitulation near
• More downside ahead
• Range-bound chop
• Watching from sidelines

Drop your take 👇
https://t.me/+GMlPHCJAA_VhNGY1

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