CoinFoundry Crypto Stock Weekly Report (February 10): Significant Correction and Partial Rebound in Crypto Stocks

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CoinFound and ME News have jointly produced a weekly report on crypto concept stocks, reviewing noteworthy information from the past week's sub-sectors of the crypto concept stock market.

Article author and source: ME News



I. Market Situation

Between February 3 and February 10, 2026, the cryptocurrency stock market underwent a dramatic "deep-water stress test." Affected by the flash crash of Bitcoin (BTC) to the $60,000 mark and the tightening of macro liquidity, related stocks collectively fell into panic selling on February 5, followed by a strong rebound on February 6.

II: Market Dynamics Review

  • MSTR fell below its annual cost line and then began to rebound (after hitting a low of $106.99, it recovered to $134.93 the next day due to short covering and buy the dips hunting).
  • Mining companies such as MARA, RIOT, and HUT suffered heavy losses as their profitability fell to a 14-month low.
  • Coinbase (COIN) is scheduled to release its earnings report on February 12, and the market has expressed concerns about its increasing compliance costs.
  • Regulators continue to exert pressure over the controversy surrounding whether stablecoins should be allowed to pay yields (Section 404).

III: Summary

The crypto stock market experienced dramatic volatility and overall downward pressure. Bitcoin, as the benchmark asset, plummeted from a high of approximately $78,000 on February 3 to a low of approximately $60,000 on February 6. The Greed Index dropped to single digits. Crypto stocks such as MSTR and COINC initially fell by 20%-30%, before partially recovering, but their overall performance remained weaker than the broader stock market, reflecting institutional selling pressure and uncertainty surrounding crypto regulations/policies. Overall, during this period, the crypto market retreated from its 2025 high, with investor sentiment shifting towards defensiveness and focus moving from speculation to fundamentals such as regulatory progress and corporate earnings.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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