Bitcoin fell 3.17% to $67,539, losing $70K support, although U.S. Bitcoin ETFs saw $616 million in back-to-back inflows, offering some hope to investors.
XRP dropped 3.68% to $1.39, extending February losses to 14%. The bulls are currently defending the critical $1.40 support level.
White House stablecoin talks stalled, pressuring crypto prices today. Meanwhile, a Satoshi-linked wallet received 2.5 BTC, sparking speculation. Indian ministers discuss stricter crypto rules, adding to regulatory uncertainty.
Crypto prices today, on Tuesday, February 11, 2026, took a sharp turn for the worse. Major coins traded in the red zone as a high-stakes meeting at the White House failed to produce a deal on crypto laws. This lack of progress in Washington is creating a wave of worry for investors.
Bitcoin (BTC) has fallen to the $67,000 price level, dragging the rest of the market down with it. Most top altcoins of the world have slipped more than 3%. The global crypto market cap is down by 2.86% to $2.31 trillion at press time. Crypto news today is dominated by a sense of deep-seated fragility, as activity in long-dormant Satoshi-linked wallets and Indian crypto regulatory discussions further fuel volatility.
Here’s why the crypto market is crashing today based on CoinMarketCap data.
Bitcoin price today dropped 3.17% to $67,539.48, failing to hold the $70,000 level that many traders hoped would act as support. For those keeping score, we are now roughly 50% off the October 2025 highs of $126,000. The buy-the-dip crowd is finding it harder to find a footing as global regulatory uncertainties continue.
CoinSwitch Markets Desk noted, “BTC pulled back toward the $68,500 region before dip buyers quickly stepped in to stabilize prices after a brief move lower. The recovery that followed has been measured, with BTC continuing to trade below the $70,000 level. For now, BTC appears to be digesting recent moves, likely trading between $68,500 support and $70,000 resistance until a clearer breakout sets the next direction.”
Nischal Shetty, Founder of WazirX, explained the Indian perspective, commenting, “ What’s particularly interesting is how this is playing out in India. On Indian exchanges, Ethereum and Bitcoin indicate continued core-asset participation even during low-momentum phases. At the same time, sustained volumes in assets like SHIB, TRX, SOL, and XRP show that retail interest has become selective and tactical.”
Founder of WazirX added, “Interestingly, in bullish news from institutional investors, U.S. bitcoin ETFs registered back-to-back inflows worth $616 million for the first time in a month. Investors with historically large amounts of Bitcoin holdings have recently gone on a buying spree, steadying prices to some extent even though larger retail sentiment remains cautious amidst subdued risk appetite.”
XRP price dropped 3.68% to $1.39, bringing its market capitalization to $84.8 billion. The token extended its February losses to 14%. The bulls are currently defending the critical $1.40 support level, according to a FXEmpire report. Analysts warn that a break below could send XRP toward the February 6 low of $1.1227, and potentially down to the psychologically important $1 level.
Market analysts noted that XRP's extended February losses support a bearish short-term outlook for the next 1-4 weeks, with a price target of $1. However, the medium-term outlook (4-8 weeks) remains constructive, with expectations of a move to $2.50. Meanwhile, the longer-term target (8-12 weeks) sits at $3 if the US Market Structure Bill passes.
Ethereum price fell 4.31% to $1,979.47 with a market capitalization of $238.9 billion. The second-largest cryptocurrency saw trading volume of $22.6 billion over the past 24 hours. Ethereum's losses were steeper than Bitcoin's, reflecting the broader weakness in crypto prices today.
Solana price decreased 4.25% to $82.64 with a market cap of $46.9 billion. BNB fell 3.60% to $612.92, and Dogecoin declined 3.25% to $0.09213. Solana lost 4.25% to $82.64. TRON showed some strength compared to other top coins, going down by just 0.88% to $0.2761.
Cardano dipped 2.80% to $0.2596, with a market valuation of $9.36 billion. The coin continues to trade on the eleventh spot among the world’s top ten coins by market cap wth Bitcoin Cash at the tenth spot. Bitcoin Cash slipped 1.38% to $518.16, with a market cap of $10.3 billion.
The only bright spots in an otherwise red market were the two major stablecoins. Tether (USDT) and USD Coin (USDC) maintained their dollar peg with minimal fluctuation. Both traded nearly flat at $0.9995 and $,1 respectively. Tether edged up just 0.01% while USDC gained 0.02%, serving as safe havens among bearish crypto prices today.
Here are the top headlines impacting crypto prices today.
Negotiations over the Digital Asset Market CLARITY Act remained deadlocked, directly impacting crypto prices today. On February 10, representatives from major banks and crypto firms, including Coinbase, Ripple, a16z, the Crypto Council for Innovation, and the Blockchain Association, met at the White House for a second time to discuss stablecoin yield legislation.
However, banking groups arrived with a principles document calling for a complete ban on stablecoin yields. The document demanded prohibition of ‘any form of financial or non-financial consideration to a payment stablecoin holder’. This directly contradicts the crypto industry's position and dashes hopes for a compromise.
Despite the lack of progress, crypto representatives maintained an optimistic public tone. Blockchain Association CEO Summer Mersinger said stakeholders “remain constructively engaged on resolving outstanding issues.” Meanwhile, Crypto Council for Innovation CEO Ji Kim noted that "the important work continues."
The standoff centers on whether stablecoins should be allowed to offer rewards to holders. U.S. banks, including Bank of America, have warned that stablecoin yields could trigger an exodus of deposits from the traditional banking system. CEO Brian Moynihan estimated that over $6 trillion in deposits could migrate to stablecoins.
Democratic negotiators have also demanded a ban on deep crypto involvement from senior government officials. The demands have been driven by concerns about President Trump's personal crypto interests. They're also pushing for greater protections against crypto's use in illicit finance and insisting that the Commodity Futures Trading Commission be fully staffed with commissioners before implementing new crypto regulations.
Patrick Witt, Trump's crypto adviser who led Tuesday's meeting, has predicted negotiators will find common ground soon but stated the White House won't support efforts that target the president.
The Senate also faces practical challenges beyond policy disputes, including ongoing friction over Department of Homeland Security funding. With midterm elections approaching later this year, finding sufficient floor time for major crypto legislation becomes increasingly difficult.
Indian minister, the AAP MP, Raghav Chadha, recently called for stricter crypto oversight, AML ring-fencing, and incentives to bring Indian investors onshore. The remarks were made in Parliament during the country’s Union Budget debate 2026 discussions.
SB Seker, Head of APAC, Binance, commented on the same. Seker stated, "Globally, economies are increasingly setting clear rules that attract innovation while enforcing strong compliance, positioning themselves as digital asset hubs. As India emerges as a key growth engine of the Global South, the opportunity lies in shaping guardrails that protect consumers, retain talent, and enhance value creation. Continued dialogue and cooperation between policymakers and the industry remain essential to achieving these goals while ensuring a secure and transparent market environment.”
On the other hand, Avinash Shekhar, Co-founder and CEO, Pi42, noted, “There is a growing recognition that virtual digital assets should be governed rather than sidelined. The emphasis on AML ring-fencing and stricter oversight reflects an understanding that risk management and innovation can coexist when the rules are clear and consistently applied.”
Co-founder and CEO, Pi42, further explained, “A predictable regulatory and tax framework can redirect this activity into India, improve transparency, and strengthen market integrity. For the VDA ecosystem, these points point to a path where compliance becomes an enabler of sustainable growth, allowing India to participate meaningfully in the global digital asset economy while safeguarding the financial system.”
Also Read: How to Cash Out Bitcoin to INR in India: Beginner’s Guide 2026
Adding to the intrigue, a wallet linked to Bitcoin's mysterious creator, Satoshi Nakamoto, received 2.5 BTC worth over $174,405 on February 6, sparking speculation in the crypto community. The so-called ‘Genes’ wallet, which mined the first block on the Bitcoin blockchain, now holds an estimated 1.096 million BTC valued at $76.34 billion.
Crypto prices today reflect ongoing uncertainty as regulatory roadblocks and legislative delays weigh on sentiment. The outcome of stablecoin negotiations in the US and Indian debate on stringent crypto regulations will determine the market’s next move. While Bitcoin ETF inflows suggest some institutional confidence, current losses highlight crypto's persistent volatility and the challenges of achieving mainstream adoption.
Also Read: Bitcoin News Today: BTC Price Slides as $250M Crypto Liquidations Hit Leveraged Traders
1. Why is the crypto market crashing today?
The crypto market is crashing due to growing regulatory uncertainty in the United States. A key White House meeting on stablecoin rules ended without agreement, which hurt market sentiment. Investors were hoping for CLARITY on the Digital Asset Market CLARITY Act. When talks stalled, traders reacted by selling riskier assets like Bitcoin and altcoins, leading to broad market losses.
2. What is the Bitcoin price today?
Bitcoin price today dropped 3.17% to $67,539 and failed to hold the important $70,000 level. Analysts say Bitcoin is now trading between $68,500 support and $70,000 resistance. Although U.S. Bitcoin ETFs recorded $616 million in inflows, overall sentiment remains cautious due to regulatory delays and macroeconomic uncertainty.
3. Why did XRP fall below $2?
XRP fell 3.68% to $1.39 and extended its February losses to 14%. Analysts say the token is under pressure due to regulatory concerns and overall market weakness. If XRP breaks below $1.40 support, it could move toward $1 or even lower. However, medium-term targets still suggest a possible rebound if legislation improves.
4. Why did the US crypto bill get delayed?
The main dispute is whether stablecoins should offer rewards or yields to holders. U.S. banks want a complete ban on stablecoin yields, arguing they could pull deposits away from banks. Crypto firms disagree and support allowing rewards. This disagreement has delayed progress on the Digital Asset Market CLARITY Act, creating market uncertainty.
5. What is the latest news regarding Satoshi-Nakamoto?
A wallet linked to Bitcoin’s creator received 2.5 BTC recently, attracting attention from the crypto community. The wallet already holds over 1.096 million BTC. While the transaction was small compared to total holdings, any movement linked to Satoshi creates speculation and volatility because of its historical and symbolic significance.
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