On 8 February 2026, the crypto market's total capitalization climbed 2.42% to $2.39 trillion, while sentiment remained deeply negative with the Fear & Greed Index at 8. Bitcoin changed hands near $70,214 after a 3.83% daily gain but was still down 10.54% over the week, and Ethereum rose 4.69% to $2,092 alongside broader large-cap advances. Derivatives markets stayed stressed, with $297.68 million in liquidations in 24 hours and short positions making up $217.45 million of that total.

On 8 February 2026, analysts pointed to dealer hedging around iShares Bitcoin Trust (IBIT) structured notes as a key driver of Bitcoin’s latest price swings, rather than broad spot market selling. Arthur Hayes argued that these bank-issued products can force mechanical buying or selling when trigger levels are hit, while Mike McGlone highlighted $64,000 as a critical technical zone that could determine whether the market stabilizes or undergoes a deeper reset. Together, these structural flows and macro pressures suggest Bitcoin remains exposed to sharp, non-fundamental moves.

On 7 February 2026, the U.S. government's Bitcoin reserve posted paper losses approaching $5 billion since its launch last year as Bitcoin fell roughly 45% from its peak, per Walter Bloomberg. The SEC chair said on CNBC that a market-structure bill is close to passage, while Vietnam's finance ministry proposed a 0.1% tax on crypto transfers.

On February 7, 2026, data from RWA.xyz showed that tokenized real estate is nearing $360 million in total on-chain value, spanning direct interests, funds, REIT-like vehicles, and real estate-backed debt. Over 10,000 unique holders across 57 projects in 10 countries now participate, with wallet growth outpacing asset value expansion. The UAE leads by number of tokenized properties, while the US dominates by total value, and regulated networks such as MANTRA Chain, Base, and Stellar are emerging as key infrastructure for these real-world assets.

On 6 February 2026, Bitcoin ETFs saw roughly $331 million in net inflows, while Ethereum products registered about $21 million in net redemptions and Solana funds also posted withdrawals. XRP spot ETFs stood out with approximately $15 million in net inflows, underscoring a preference for Bitcoin and select altcoins over broader crypto exposure.

On 7 February 2026, Coinbase adopted the Sui token standard, adding native infrastructure support for SUI-based assets alongside Ethereum and Solana. Coinbase said the decision reflects Sui's strong developer activity and technical maturity. Following the announcement, SUI traded around $0.9726, up ~3%, with market cap near $3.7 billion and 24-hour volume close to $1 billion.

On 6 February 2026, Bitwise filed an S-1 with the U.S. SEC for a spot Uniswap ETF that would hold UNI directly, with Coinbase Custody named as custodian if approved. Staking is excluded at launch but could be added in future amendments. UNI traded near $3.32 with a 0.72% intraday gain, yet remained down 8.09% over seven days and 21.73% over one month.

On 6 February 2026, a coalition of European tokenization and market infrastructure operators warned that the EU's current framework for tokenized securities is hindering the growth of regulated onchain capital markets. They argue that issuance caps, narrow asset eligibility and temporary licenses are diverting liquidity to more agile jurisdictions and could erode Europe's long-term role in digital capital markets without targeted technical adjustments.

On 6 February 2026, Bloomberg's Mike McGlone warned that Bitcoin's current cycle is increasingly similar to previous deep bear markets and could slide toward $10,000 if equities weaken. He highlighted the rollover of Bitcoin's 200-day moving average, heavy volatility in the IBIT spot ETF with over $10 billion traded on a 13% drop, and a $12.4 billion corporate loss as signs of mounting stress while the price hovers near $62,000.