Key Points
- Bitcoin trades above $67,000 ahead of key US CPI data and Coinbase earnings release.
- Binance completes $1 billion BTC SAFU fund as ETF outflows exceed $276 million.
On February 12, Bitcoin is trading above $67,000 amid continued market volatility and a sentiment index signaling Extreme Fear.
The total crypto market capitalization stands above $2.29 trillion, reflecting a 0.4% increase over the past 24 hours.
Investors are closely watching upcoming US economic data and corporate earnings that could influence crypto price movements.
US CPI Data and Market Expectations
Inflation and home sales data are scheduled for release in the United States this week, according to The Wall Street Journal.
The Consumer Price Index report for January 2026 is set to be published on February 13 after a delay linked to a recent partial government shutdown.
December 2025 CPI year-over-year came in at 2.7%, matching November’s reading, and expectations indicate January’s figure may also reach 2.7%.
CME Group data shows an 8% probability of an interest rate cut ahead of the next FOMC meeting on March 18.
The Wall Street Journal also noted the possibility of another partial government shutdown if lawmakers fail to reach an agreement on immigration enforcement.
Coinbase Earnings and Crypto Market Activity
Coinbase is expected to release its latest earnings report today.
The company’s stock declined more than 5% during the session to $153.20, marking a drop of over 35% year-to-date.
On February 11, Coinbase introduced Agentic Wallets, a wallet infrastructure designed for autonomous agents operating on its platform.
Meanwhile, Bitcoin is up nearly 1% in the past 24 hours, maintaining levels above $67,000.
On February 11, US-listed spot Bitcoin ETFs recorded outflows exceeding $276 million, according to data from SoSoValue, ending a three-day inflow streak.
Binance announced it has completed purchases for its SAFU fund, totaling over $1 billion in BTC.
The exchange now holds 15,000 BTC in the fund after finalizing the conversion of stablecoin reserves into Bitcoin.
Market participants continue to monitor ETF flows, macroeconomic data, and corporate developments as volatility persists across digital assets.
