The market opened today with BTC in the light green, but the overnight backdrop was clearly far from comfortable 😐.
On the morning of 2/11, BTC was trading around $78,109.68, up 0.75% over the past 24 hours following the shock of losing about $6.3 billion in the Binance hack that took place in late October. Binance has stated that it will fully compensate for all losses and has recovered 80–90% of the stolen funds. It also expects to publish its Proof of Reserves report today, 2/11/2026, while continuing to reopen withdrawals in stages. Ether also edged up 0.62% to $2,269.86, but it is worth noting that Ethereum ETF flows remain under pressure, with $1.6 billion flowing out over the past 30 days.
Market breadth stood at 49%, with 49/100 coins in the green, indicating a weak recovery in sentiment. Notable leaders included 牛来, up 12.01%, and MITO, up 9.57%, showing that investors are still seeking out coins with their own growth catalysts as the market recovers. By contrast, $LSK plunged 18.42% after a steep decline; it remains to be seen whether this was profit-taking or a genuine breakdown in its structure.
On the morning of 2/11, BTC was trading around $78,109.68, up 0.75% over the past 24 hours following the shock of losing about $6.3 billion in the Binance hack that took place in late October. Binance has stated that it will fully compensate for all losses and has recovered 80–90% of the stolen funds. It also expects to publish its Proof of Reserves report today, 2/11/2026, while continuing to reopen withdrawals in stages. Ether also edged up 0.62% to $2,269.86, but it is worth noting that Ethereum ETF flows remain under pressure, with $1.6 billion flowing out over the past 30 days.
Market breadth stood at 49%, with 49/100 coins in the green, indicating a weak recovery in sentiment. Notable leaders included 牛来, up 12.01%, and MITO, up 9.57%, showing that investors are still seeking out coins with their own growth catalysts as the market recovers. By contrast, $LSK plunged 18.42% after a steep decline; it remains to be seen whether this was profit-taking or a genuine breakdown in its structure.
