Crypto market news N updates & binance trending coin | 11 Feb 2026
The cryptocurrency market experienced a significant downturn on February 11, 2026, with the global market cap falling by 2.95% to approximately $2.28 trillion. Bitcoin and Ethereum both faced sharp declines, giving up recent gains following stronger-than-expected U.S. jobs data, which cooled hopes for near-term Federal Reserve rate cuts.
Market News & Updates
Macro Impact: Stronger-than-expected U.S. employment data (130,000 jobs added in January) pressured the market as investors lowered expectations for interest rate cuts.
Institutional Moves: Despite the sell-off, Goldman Sachs was reported to hold over $1 billion in Bitcoin ETFs. Meanwhile, BlackRock integrated its BUIDL fund on Uniswap, marking a major step into decentralized finance.
Liquidity Crisis: Chicago-based crypto lender BlockFills suspended withdrawals and halted client deposits on Wednesday, citing the recent downturn in Bitcoin prices as a primary factor.
Whale Activity: A major Ethereum whale opened a $80 million leveraged long position as prices neared critical liquidation levels.
Binance Trending & Hot Coins
While major assets trended downward, several mid-cap tokens saw significant momentum on the Binance exchange on February 11, 2026.
Top Gainers:
GHST: +36% | NIL: +25% | BERA: +17%
Key Ecosystem Updates
Binance Futures: Launched the AZTEC/USDT perpetual contract on February 11, expanding its trading options for users.
Airdrops: Binance Wallet initiated its first Alpha Box event on February 11, featuring a tiered points threshold for airdrop rewards.
BNB Outlook: Analysts noted that BNB is testing critical support at the $600 level; a sustained hold here is viewed as essential for a potential recovery toward $700 later in the month.
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