---
title: "Binance Market Update (2026-02-17)"
description: "The global cryptocurrency market cap is $2.36T, down 2.67% in the last day. Bitcoin (BTC) is trading at $68,028, down 1.32%. Major cryptocurrencies show mixed performance, with ORCA, RPL, and OGN as t"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/276109243.md"
published_at: "2026-02-17T09:30:05.000Z"
---

# Binance Market Update (2026-02-17)

> The global cryptocurrency market cap is $2.36T, down 2.67% in the last day. Bitcoin (BTC) is trading at $68,028, down 1.32%. Major cryptocurrencies show mixed performance, with ORCA, RPL, and OGN as top gainers. Key news includes Harvard reducing Bitcoin ETF holdings and Micron expanding capacity amid supply shortages. Bitcoin faces uncertainty with potential for a $75K rebound or a bear market shift. Crypto ETP outflows continue, totaling $3.7B in the past month. Market movers include ETH, BNB, XRP, and others with varied performance.

The global cryptocurrency market cap now stands at $2.36T, down by -2.67% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $67,294 and $70,127 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,028, down by -1.32%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ORCA, RPL, and OGN, up by 62%, 50%, and 19%, respectively. Top stories of the day: Harvard Endowment Reduces Bitcoin ETF Holdings by 21%, Initiates Position in Ethereum ETF Tech Sector Faces $1.3 Trillion Loss Amid AI Investment Concerns Micron Technology Expands Capacity Amid Severe Supply Shortage Bitdeer Technologies Sells 96.5 BTC, Retains 943.1 BTC Holdings Bitcoin News Today: Bitcoin at a Crossroads: $75K Rebound or Bear Market Regime Shift? Five Key Signals This Week Russia’s Daily Crypto Turnover Tops $650M as Regulators Push Market Legalization Crypto News Today: Crypto ETP Outflows Extend to Fourth Week as $3.7B Exits in Past Month, According to CoinShares U.S. CPI Data Supports Continued Fed Rate Cuts, but Distortions Cloud Inflation Signal Market movers: ETH: $1973.3 (-0.60%) BNB: $618.53 (+0.11%) XRP: $1.4573 (-2.61%) SOL: $85.86 (-0.21%) TRX: $0.2824 (+0.82%) DOGE: $0.09901 (-3.77%) BCH: $558 (+0.02%) U: $1.0002 (-0.02%) WLFI: $0.0997 (-0.99%) ADA: $0.282 (-0.53%) Top gainers on Binance: ORCA/USDT (+62%) RPL/USDT (+50%) OGN/USDT (+19%)

### Related Stocks

- [EZBC.US - Franklin Bitcoin ETF](https://longbridge.com/en/quote/EZBC.US.md)
- [IETH.US - Bitwise Ethereum Option Income Stgy ETF](https://longbridge.com/en/quote/IETH.US.md)
- [BTF.US - Valkyrie Bitcoin and Ether Strategy ETF](https://longbridge.com/en/quote/BTF.US.md)
- [EZET.US - Franklin Ethereum ETF](https://longbridge.com/en/quote/EZET.US.md)
- [ETHW.US - Bitwise Ethereum ETF](https://longbridge.com/en/quote/ETHW.US.md)
- [BTCW.US - WisdomTree Bitcoin Fund](https://longbridge.com/en/quote/BTCW.US.md)
- [FBTC.US - Fidelity Wise Origin Bitcoin Fund - ETF](https://longbridge.com/en/quote/FBTC.US.md)
- [ETHE.US - Grayscale Ethereum Staking ETF](https://longbridge.com/en/quote/ETHE.US.md)
- [BITO.US - ProShares Bitcoin Strategy ETF](https://longbridge.com/en/quote/BITO.US.md)
- [COIN.US - Coinbase](https://longbridge.com/en/quote/COIN.US.md)

## Related News & Research

| Title | Description | URL |
|-------|-------------|-----|
| Steak 'n Shake credits Bitcoin strategy as driver of sales growth | Steak 'n Shake's Bitcoin experiment has evolved into a sales driver and a balance sheet strategy. | [Link](https://longbridge.com/en/news/276114408.md) |
| Nakamoto Inc. to Acquire BTC Inc and UTXO Management | Nakamoto Inc. has agreed to acquire BTC Inc and UTXO Management GP, LLC, with the deal expected to close in Q1 2026. The | [Link](https://longbridge.com/en/news/276129895.md) |
| Binance finalizes $1 billion SAFU reserve conversion into bitcoin | Binance has completed the conversion of its Secure Asset Fund for Users (SAFU) into bitcoin, finalizing a $1 billion tra | [Link](https://longbridge.com/en/news/275734617.md) |
| BlackRock Increases BMNR Holdings By 165% As Cathie Wood's Ark Invest Adds $4.2M | BlackRock has increased its stake in BitMine Immersion Technologies (NYSE:BMNR) by 165.6%, now holding 9 million shares  | [Link](https://longbridge.com/en/news/275904930.md) |
| Why I Bit At IBIT | The author discusses their recent investment in the iShares Bitcoin Trust ETF (IBIT), which has seen a significant decli | [Link](https://longbridge.com/en/news/275909213.md) |

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.