$BTC is trading at $67,087 on February 13, down 2.12% in the last 24 hours as markets brace for the U.S. inflation report. The coin remains stuck below the critical $70,000 resistance level after bouncing from early February lows near $60,000.
Standard Chartered slashed its $BTC price target from $300,000 to $100,000, while ETF outflows continued with over $693 million exiting this month. Technical indicators show bearish momentum with $BTC trading 48% below its October 2025 all-time high of $126,200.
Will you accumulate at current levels or wait for deeper support confirmation?
SAVE America Act Passes House, Faces Senate Battle
The House passed the SAVE America Act on February 11, 2026, by a 218-213 vote, with only one Democrat supporting the Trump-backed election bill. The legislation requires voters to present documentary proof of citizenship like passports or birth certificates to register for federal elections, plus photo ID to cast ballots. Critics warn the bill could disenfranchise 69 million American women and 4 million men who don't have birth certificates matching their current legal names due to marriage or gender identity changes. Republican Senator Lisa Murkowski opposes the bill, citing concerns about implementing new federal requirements so close to midterms. The measure faces an uphill battle in the Senate, needing 60 votes to overcome a Democratic filibuster.
Pam Bondi Under Fire: Explosive Epstein Files Hearing Turns Combative
Attorney General Pam Bondi faced intense questioning during a five-hour House Judiciary Committee hearing on February 11, defending the Justice Department's handling of Jeffrey Epstein files. The hearing became some of the tensest and most combative testimony seen to date from a Trump Cabinet official, with heated exchanges erupting between Bondi and Democratic lawmakers over heavily redacted documents and ignored victims. Epstein survivors seated directly behind Bondi raised their hands when asked if the Justice Department had refused to meet with them, creating powerful visuals that went viral across social media. Representative Pramila Jayapal pressed Bondi to apologize to victims for redaction failures that exposed their personal information, but Bondi refused, choosing combativeness over contrition. The confrontation escalated when Bondi called one lawmaker an antisemite, prompting the representative to storm out of the hearing room. Prediction markets now give Bondi a 22% chance on Kalshi and 52% on Polymarket of being the first Trump Cabinet member to leave, a dramatic surge from just 12% the day before the hearing.
Will Bondi weather the storm, or has the Epstein controversy become too politically toxic to survive?
$IMU is trading at $0.0035 with a $2.9 million market cap, down 72% from its January 22 all-time high of $0.01275. The Web3 security token launched via CoinList in late January and saw immediate volatility as early buyers took profits. Daily volume sits at approximately $3.1 million, showing sustained interest despite the sharp correction. Immunefi powers bug bounty programs protecting over $60 billion in crypto assets, with major blockchain protocols relying on its platform for vulnerability detection. The token unlocked 100% at TGE for public sale participants, creating initial sell pressure that has now stabilized. As the broader market recovers and Immunefi expands its AI-powered security infrastructure, $IMU could benefit from increased protocol adoption and researcher participation in its ecosystem. Would you buy $IMU at these levels, or wait for further confirmation of support?
$JESSE Finds Support: Base Founder's Creator Coin Eyes Recovery
$JESSE is trading around $0.0045 with a $2.3 million market cap, presenting an interesting entry point for those watching Base ecosystem tokens. The creator coin from Base founder Jesse Pollak has corrected from its November 2025 launch peak of $25 million alongside the broader crypto market. Daily volume sits at approximately $768,000. With Base network maintaining strong fundamentals at over $8 billion TVL and half the total supply already circulating, $JESSE could benefit from reduced sell pressure as the market recovers. The creator coin model connecting fans directly to ecosystem value remains an innovative approach in the evolving tokenomics landscape.
Bitcoin's February Crash: Inside the 50% Drop from Record Highs
Remember when Bitcoin was "digital gold"? Yeah, about that. Four months ago, crypto Twitter was euphoric as $BTC kissed $127,000 in October 2025. Today? We're looking at a brutal capitulation below $61,000, a textbook 50% drawdown that's got everyone asking if we're back in crypto winter territory. This wasn't your garden-variety dip. The unwinding triggered over $16 billion in cumulative futures liquidations across major exchanges in under 10 days, creating the exact kind of deleveraging spiral that wipes out overleveraged longs in minutes. Traders who'd been riding 10x, 20x, even 50x leverage on their $BTC positions got absolutely rekt as cascading margin calls forced exchanges to dump positions into thin orderbooks. But here's what really nuked the rally: U.S. spot Bitcoin ETFs recorded $1.33 billion in weekly outflows in late January, the largest weekly redemption since February 2025, flipping year-to-date flows to net negative. The same Wall Street suits who were supposed to bring legitimacy and "institutional adoption" to crypto? They front-ran retail to the exits. BlackRock, Fidelity, the whole gang, net sellers in 2026 after absorbing 46,000 BTC in 2025. The correlation breakdown exposed Bitcoin's dirty secret: it's trading like a high-beta tech stock, not a macro hedge. While gold rallied during geopolitical chaos and rate volatility, $BTC dumped alongside momentum tech names. On-exchange reserves actually rose as price fell, signaling increased sell-side availability rather than holders moving coins to cold storage, the opposite of what you'd see in a true accumulation phase. Analysts are now calling for $38,000 as a potential bottom, which would mark a 70% retracement from peak. For anyone who aped in near $120K? This is a masterclass in why "HODL" and leverage don't mix.