Massive federal revisions to 2025 labor data are forcing a brutal reality check for crypto investors as rate cut hopes vanish.

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	Forwarded this email? Subscribe here for more Bitcoin price is sliding today because the government admitted nearly 1 million jobs from last year never existed Massive federal revisions to 2025 labor data are forcing a brutal reality check for crypto investors as rate cut hopes vanish. CryptoSlate Feb 11   READ IN APP   Happy Wednesday! Bitcoin slides amid U.S. government admissions of nearly 1 million nonexistent 2025 jobs, crushing rate cut hopes and pressuring prices around $66,000-$68,000. Ripple Custody advances institutional crypto with Ethereum and Solana staking integration, boosting appeal for XRP alongside yield-generating assets via Figment partnership. Meanwhile, Polymarket odds for China Bitcoin legalization linger at 5% as February 2026’s “Ban 2.0” enforces brutal rules under “public order and good morals,” invalidating deals and shifting risks to individuals. Dive into the full stories below. The global crypto market cap is $2.29 trillion, with a 24-hour volume of $105.53 billion. The price of Bitcoin is $66,566.70, and BTC market dominance is 58.6%. The price of Ethereum is $1,932.64, and ETH market dominance is 10.3%. The best-performing sector is AMM, which gained 5%. The Crypto Fear & Greed Index is currently Extreme Fear (11). 📰 Top News Bitcoin price is sliding today because the government admitted nearly 1 million jobs from last year never existed Massive federal revisions to 2025 labor data are forcing a brutal reality check for crypto investors as rate cut hopes vanish. Ripple Custody just unlocked Ethereum and Solana staking, and institutions may finally get XRP yield without messy validator risk While XRP lacks staking rewards, Ripple strengthens its institutional appeal by integrating proven yield assets. China Bitcoin legalization is priced at 5% but Beijing’s February 2026 Ban 2.0 made one detail brutal The shift to “public order and good morals” language turns many crypto deals legally invalid, pushing losses onto individuals instead of platforms. The Market Maker’s Exchange Checklist (Liquidity, Latency, and Risk Controls) Market makers and HFT desks: evaluate exchanges on execution quality, liquidity, latency, fees, margin, and security — with a WhiteBIT walkthrough. Explore the GUIDE's First Release 🗞️ More News Why Bitcoin ETFs bleed billions while Gold makes 53 new all-time highs with $559B in demand Sam Bankman-Fried requests new trial claiming FTX had $16.5 billion surplus in 2022, but does it matter? Blanket crypto ban targets Russia rails but one chokepoint decides whether flows die or just relocate offshore Odds Bank of Japan raises rates hits 80% with Bitcoin on the sideline – one hidden signal decides everything 8 reasons to lock in always-on visibility on CryptoSlate If your company wants meaningful reach in crypto throughout 2026, CryptoSlate is the safe, high-leverage choice. Here is why advertisers choose us: Trust that compounds. 8+ years operating with rigorous editorial standards, 24,000+ articles, and cited by The New York Times, Reuters, Harvard Business Review, and more. Momentum you can measure. Our editorial refocus is working; over the past 90 days, traffic is up 90%. Coverage where buyers live. Beyond news, our site spans asset profiles plus directories of people, products, and companies. Being seen on CryptoSlate builds durable brand authority. 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