Bitcoin’s 12-day ETF outflows, derivatives data and the crypto market’s in 
tandem trading with tech stocks suggest traders will continue to cut exposure 
to risk assets.

Spot Bitcoin ETF outflows total $2.9B as BTC price drops to new 2026 low

PEPE has pushed deeper into its corrective phase in early February after a 
sharp selloff wiped out nearly half of its value in just two weeks. The meme 
coin is now trading around its yearly low zone following a 48% decline that 
unfolded in line with a technical outlook shared by an analyst on X. PEPE&#8217;s 
price action since the start of the year shows a full unwind of a few days&#8217; 
rally, and the next question is whether the meme coin is still working through 
distribution or preparing the ground for its next major phase. PEPE Completes 
Full Reversal To Yearly Lows PEPE, like the rest of the crypto market, is 
trading in a bearish momentum. This bearish momentum is much more established 
among meme coins like PEPE, which have mostly been trading in a downtrend. 
PEPE, in particular, has been trading in a consistent series of lower highs 
and lower lows since May 2025. Related Reading: PEPE’s Reversal Move: Pushing 
Out Bears As Confirmation Closes In According to a technical update from an 
analyst, PEPE has now completed what he described as a full reversal toward 
its yearly low, with price unwinding the upside move that marked the opening 
weeks of 2026. The February update ties directly back to an earlier analysis 
published on January 5, where the same analyst warned that PEPE’s early-year 
rally showed characteristics of a manipulated move. Back then, its price 
surged directly from the yearly open to $0.00000715 without printing lower 
wicks across multiple timeframes. Also, price failed to confirm quality 
accumulation confirmations at the bottom, which then led to a downside move 
just as fast as price pumped up. As it stands, PEPE has now corrected by 
around 48% from this January peak. No Accumulation Signals Yet Unlike the 
rally in early January, the ensuing drop did not occur impulsively in a single 
flush. Instead, it followed a steady corrective path that respected higher- 
timeframe targets laid out in advance. This is important context, with the 
analyst noting that hitting bearish targets does not automatically translate 
into an immediate bullish response. Related Reading: Why Meme Coins Like PEPE 
And FARTCOIN Are Ready To Explode Looking at PEPE from a structural 
standpoint, its price has done what was expected, but it has yet to show any 
behavior that would suggest accumulation or sustained demand stepping in at 
the current price level. Based on this perspective, there is a need for 
patience, as further consolidation or even additional volatility could still 
be required before a more constructive structure develops. At the time of 
writing, PEPE is trading at $0.00000425, having rebounded a little from an 
intraday low of $0.00000402. The technical outlook for now is that while the 
major corrective objectives have been met, PEPE might still continue its 
decline and keep falling in the near term. Featured image from Medium, chart 
from Tradingview.com

PEPE’s 48% Crash Sends It To Yearly Lows, But It’s Far From Over

IREN, once known for mining Bitcoin, is undergoing a dramatic reinvention as 
an AI infrastructure provider—a transformation that will soon face a critical 
test.

IREN bets on AI cloud in high-stakes break from Bitcoin roots

Schiff, a vocal gold advocate and longtime crypto critic, argued that 
Strategy’s aggressive accumulation helped fuel Bitcoin’s meteoric rise — and 
that the unwind has now begun

Peter Schiff is taking a victory lap — at least for now

Speaking on the company&#8217;s earnings call, CEO Terry Duffy said the exchange is 
exploring a CME-issued token and is also piloting tokenized cash 
infrastructure with Google.

Cryptocurrency price in LKR