{"id":41089,"date":"2026-02-12T09:47:08","date_gmt":"2026-02-12T09:47:08","guid":{"rendered":"https:\/\/financialrush.com\/?p=41089"},"modified":"2026-02-12T09:47:08","modified_gmt":"2026-02-12T09:47:08","slug":"myx-finance-myx-plunges-40-daily-bitcoin-btc-stalls-at-67k-market-watch","status":"publish","type":"post","link":"https:\/\/financialrush.com\/?p=41089","title":{"rendered":"MYX Finance (MYX) Plunges 40% Daily, Bitcoin (BTC) Stalls at $67K: Market Watch"},"content":{"rendered":"

\n<\/p>\n

Bitcoin’s underwhelming price movements continue as the asset has failed to stage a notable recovery from its dip below $66,000 yesterday and now sits just a grand higher.<\/p>\n

Some altcoins have posted more impressive gains over the past day, including HYPE and HBAR, both of which have gained around 5%.<\/p>\n

BTC Stalls at $67K<\/h2>\n

The primary cryptocurrency has been in a knockdown state for weeks. Ever since it was rejected at $90,000 on January 28, the predominant force in the market has been the bears<\/a>. The culmination of a week-long correction took place last Friday when they drove the asset to its lowest position in well over a year at $60,000.<\/p>\n

After such a calamity in which bitcoin lost $30,000 in less than ten days, the bulls finally intervened and staged a quick and impressive rebound to $72,000. BTC tried to take down that level on a couple of occasions by Monday, but it was ultimately stopped.<\/p>\n

The latest correction occurred yesterday when bitcoin slipped<\/a> below $66,000 again. Although it bounced to $68,000 almost immediately, it couldn’t continue higher and now trades around $67,000 once more after a 5% weekly decline.<\/p>\n

Its market cap struggles at $1.340 trillion on CG, while its dominance over the alts has dropped further to 56.6%.<\/p>\n

<\/a>
BTCUSD Feb 12. Source: TradingView<\/figcaption><\/figure>\n

MYX Plunges<\/h2>\n

Most larger-cap alts are slightly in the green on a daily scale. However, ETH continues to trade well below $2,000, and XRP is beneath $1.40. Only BNB has defended its territory and sits above $600 from the top 5 alts. HYPE and HBAR are today’s top gainers from this cohort of altcoins, posting 5% gains to $30 and $0.093, respectively.<\/p>\n

PIPPIN continues to chart notable gains, surging 11% daily and a whopping 190% weekly to almost $0.50. ASTER and VET follow suit. In contrast, MYX has dumped by nearly 40% daily to under $3.3.<\/p>\n

The total crypto market cap has remained below $2.4 trillion on CG, even though it has increased slightly ($2o billion or so) since yesterday.<\/p>\n

\"Cryptocurrency<\/a>
Cryptocurrency Market Overview Feb 12. Source: QuantifyCrypto<\/figcaption><\/figure>\n

The post MYX Finance (MYX) Plunges 40% Daily, Bitcoin (BTC) Stalls at $67K: Market Watch<\/a> appeared first on CryptoPotato<\/a>.<\/p>\n\n
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