Crypto market news N updates & binance trending coin | 12 Feb 2026
The cryptocurrency market on 12 February 2026 is characterised by high volatility and "extreme fear," with major assets struggling to find solid ground. Bitcoin has recently slipped below the $67,000 threshold, reflecting a broader downturn in risk assets.
Market Highlights & Key Updates
Binance SAFU Conversion: Binance has completed the full conversion of its Secure Asset Fund for Users (SAFU) into 15,000 BTC, valued at approximately $1 billion. This move establishes Bitcoin as the fund's primary long-term reserve asset.
New Listing - Espresso (ESP): Binance listed Espresso (ESP) for spot trading on 12 February 2026. The token was launched with a seed tag and added as a borrowable asset on Binance Margin.
Bearish Forecasts: Analysts at Standard Chartered have lowered their Bitcoin outlook, warning that the price could potentially drop to $50,000 before a sustainable recovery begins.
Sentiment: The Crypto Fear & Greed Index remains at a staggering low of 5, indicating a period of extreme market anxiety.
Binance Trending & Performance (12 Feb 2026)
The following table summarizes the performance of major coins and top gainers on Binance for the day.
Key Technical Levels to Watch
Bitcoin (BTC): Strong resistance is noted at $68,000–$72,000, with historical bearish cycles suggesting a potential floor near $30,000 if the current drawdown continues.
Cardano (ADA): Currently at a critical juncture, balancing near monthly lows between $0.22 and $0.27.
PancakeSwap (CAKE): Showing signs of whale accumulation despite price weakness, with a critical breakout level at $1.59.
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