As of February 9 2026, worldwide Google searches for "crypto" have slipped to 30 out of 100 while total market capitalization has fallen 43% from $4.2 trillion to about $2.4 trillion. Bitcoin has dropped below $64,000, trading volumes are sharply lower and key sentiment gauges indicate extreme fear, though US search interest has partially rebounded since January.

In a February 8 newsletter, Lyn Alden said the Federal Reserve is likely to expand liquidity in a measured way by growing its balance sheet broadly in line with bank assets or nominal GDP. She expects this backdrop to favor scarce, high-quality assets while cautioning against overheated segments, and she does not foresee large-scale stimulus in the near term.

Following an extended period of selling, XRP has recorded a bounce-related trading volume of nearly $991 million across major exchanges, hinting at a tentative return of risk appetite. Ethereum has reclaimed levels above the $2,000 psychological mark, while Shiba Inu is trading in one of its most oversold technical conditions in recent periods, suggesting that downside momentum may be easing.

Ahead of the upcoming U.S. jobs report, Bitcoin is trading back above $70,000 after dropping below $61,000 on Thursday night, while gold remains above $5,000 and silver is near $77. U.S. stock futures are slightly higher, with S&P 500, Nasdaq 100, and Dow futures all edging up following a volatile week and a strong rebound on Friday.

The dollar index has fallen 1% since the start of 2026 after a 9% annual drop in 2025, while traders discount White House assurances of a "strong dollar." Tariff threats and the nomination of Kevin Warsh for Fed chair are seen as tilting toward lower rates, steering investors toward gold and other perceived havens.

In Q4 2025, crypto and blockchain venture capital reached $8.5 billion across 425 deals, according to Galaxy Digital's research led by Alex Thorn. Later-stage startups attracted 56% of this capital, with 11 mega-rounds over $100 million accounting for $7.3 billion. US-based companies captured 55% of total funding, while crypto-focused VC funds raised $1.98 billion in the quarter.

On Feb. 8, Lyn Alden said the U.S. Federal Reserve is shifting into a "gradual" money-printing phase, expecting balance-sheet growth to roughly match bank assets or nominal GDP and to lift asset prices only mildly. CME FedWatch showed 19.9% odds of a March cut, down from 23%, as markets weigh Jerome Powell’s guidance and leadership uncertainty.

Coinbase CEO Brian Armstrong said in an X post that he remains long‑term bullish and views volatility as a normal feature of the crypto market. Bitcoin reached $126,210 in October 2025 and traded near $63,000 by early February 2026, while Coinbase diversified revenue with subscriptions and services and set up a quantum‑risk advisory board as COIN fell about 45% in three months.