~$90B crypto selloff drives BTC under $66K as ETH ETF holders face >50% drawdown; negative funding and USDT outflows signal overcrowded shorts

first published 2026-02-12T16:00:00Z

A sudden ~$90 billion market selloff pushed Bitcoin below $66,000, Ethereum toward $1,900 and altcoins down 4%–7%, dragging market sentiment to “Extreme Fear.” In response, some investors are exploring structured staking/cloud-mining platforms such as SolStaking, which touts a U.S.-registered entity (Sol Investments, LLC), asset segregation, PwC audits, Lloyd’s custody insurance, enterprise security, RWA revenue exposure (AI data centers, bonds, gold, metals, logistics, agriculture, clean energy) and automated daily-settlement contracts supporting BTC, ETH, SOL and USDT. Content is third-party and not investment advice.

AI Analysis

The story reports a concrete ~$90B market selloff with Bitcoin under $66,000, Ethereum around $1,900 and altcoins down 4%–7%, causing “Extreme Fear,” which is market-negative. It also documents investor interest in SolStaking and lists verifiable product features (U.S. registration, PwC audits, Lloyd’s custody insurance, RWA exposures and supported assets), which may modestly influence allocation decisions but are secondary to the market-wide selloff.

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