NewsBTC •
February 12, 2026 at 23:01 •
Analysis
Bitcoin (BTC) resumed its downward trajectory on Thursday, falling toward $65,645 at the time of writing after once again failing to break through the major $70,000 resistance level. The pullback in the leading cryptocurrency has rippled across the broader digital asset market, with large-cap tokens, including Ethereum (ETH), XRP, and Solana (SOL), posting similar declines. US Recession Signals And Potential Shutdown Market expert Ash Crypto attributed the latest selloff to two primary forces: deteriorating US economic data and the rising likelihood of a federal government shutdown. Related Reading: Is Bitcoin Already Pricing A US Recession? Analyst Sees Major Risk‑Reward Setup In a post published on X, he pointed to a series of weak macroeconomic indicators that h...
