Crypto News: BTC, BNB, ADA, and AVAX stabilize after liquidation wave

The cryptocurrency market is showing early signs of stabilization after a turbulent phase, as current crypto news reports. After excess leverage was reduced from the market, leading assets are experiencing a cautious recovery. Bitcoin traded at $67,310 on February 11, while top altcoins also indicated buying interest.

The broader market trend points toward a gradual normalization. The total market capitalization stabilized after days of selling pressure. BNB was at $596.90, Cardano at $0.26, and Avalanche at $8.62—all showing a cooling of immediate selling intensity. However, the Crypto Fear & Greed Index remains in the extreme fear zone, reflecting ongoing investor nervousness.

Liquidation Pressure Eases After Extreme Market Cleanup

Recent crypto news has been dominated by one of the most aggressive liquidation events of the current market cycle. Thin weekend liquidity amplified a self-reinforcing vicious cycle: over-leveraged long positions were forcibly closed, margin calls triggered further sales, which in turn caused new liquidations.

At the peak of this phase, hourly liquidations repeatedly exceeded $2 billion, with a peak approaching a $2.5 billion wave. However, current data shows a significant relief: 24-hour liquidations fell by about 44% to around $401 million. This dramatic reduction suggests that much of the excess leverage has been cleared and cascade liquidations are coming to an end.

Crypto news about declining liquidations signals that buyers have been able to re-enter on dips without immediately facing new forced sales. Open interest increased by 4% to $110 billion, indicating trading activity is returning—albeit at more cautious leverage levels.

External Factors and Ongoing Downside Risks

Analysts warn, however, that the current recovery does not automatically signal a market bottom. Bitcoin is still about 40% below its peak of nearly $126,000—the market remains in a correction phase, which crypto news experts consistently describe as fragile.

Ray Youssef, CEO of NoOne’s, commented on upcoming risks: geopolitical uncertainty, political volatility, and capital outflows into traditional safe havens are likely to weigh on market sentiment in the coming months. Youssef identified the $73,000 zone as a critical support level for Bitcoin and warned that renewed geopolitical tensions or another wave of liquidations could quickly drive prices downward.

Additionally, Youssef cited economic risks in Asia and global political uncertainties as potential triggers for renewed market pressure. These macroeconomic factors could rapidly impact the crypto market, especially if risk capital flows out of all speculative asset classes again.

What the Future Holds: Consolidation or Further Decline?

Crypto news experts are divided on whether the current phase represents a true bottom or is merely a technical rebound within a larger downtrend. Much depends on whether spot buyers continue to absorb supply consistently and whether the market keeps leverage ratios in check.

For short-term traders, the focus remains on whether this recovery can extend beyond a classic bounce rally. Longer-term, it will be crucial how macroeconomic conditions and risk appetite develop. Crypto news over the coming weeks will reveal whether this stabilization holds or if new selling waves follow.