XRP’s $1 Abyss: Funding Rates Turn Tragic
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In the crypto wilds, where fortunes bloom and wither like dandelions in a gale, Shiba Inu (SHIB) stumbled into a blizzard. When Bitcoin, the old titan, shuddered below $80,000-a price unseen since April 2025-the sky cracked. Panic swept the plains, and SHIB, that proud little pup, was dragged into the mire. Its price, once a flicker of light, dimmed to $0.00000616, the lowest since the long-ago summer of ’23. Now, it limps forward at $0.0000069, a 5% rally that feels less like a comeback and more like a dog fetching a stick it no longer believes in. Trading volume? A mere whisper, down 22% to $167 million-enough to buy a loaf of bread and call it a day.

“Ah, the weekend-a time when markets move with the swiftness of a Cossack’s saber,” remarked Adrian Fritz, chief investment strategist at 21shares, with a wry smile. “The sell-off, triggered by the inevitable deleveraging, saw over $2 billion in crypto derivatives liquidated in a blink. Liquidations, those silent assassins, accelerated the descent, while discretionary spot selling watched from the sidelines, a mere spectator in this drama.”
In the heart of winter’s market tempest, Strategy Inc., the Bitcoin treasury maestro, has struck again. With a stroke of audacity, it acquired 855 BTC for $75.3 million, a sum that would make lesser firms tremble. This purchase, executed between January 26 and February 1, came at an average price of $87,974 per coin-a price that whispers of both folly and genius.

Meanwhile, in the old world, where central bankers still cling to their ledgers and quills, the Bank of England and the European Central Bank prepare to pronounce their verdicts on interest rates. Yet, all eyes shall turn to the New World on Friday, where the U.S. employment report-that monthly ritual of hope and dread-will reveal whether the nonfarm payrolls have danced to the tune of prosperity or stumbled into the abyss of recession.
Over the weekend, in a move that can only be described as either visionary or utterly mad, Saylor hinted at plans to buy even more of the digital gold, a ritual this company has been indulging in since 2020. Yes, that’s right, it’s like going back for seconds at an all-you-can-eat buffet, even though the food is starting to look a little… questionable.
According to the ever-watchful Alicharts, the $2,100 to $2,250 zone has been Ethereum’s safety net, its raison d’être, for the past two years. A support range, if you will, where the crypto aristocracy gathers to whisper sweet nothings of resilience.
Behold, three titanic forces dance together under the spotlight: foreign funds, a Trump-associated cryptocurrency enterprise, and the U.S. playing gatekeeper over shiny AI technology. Just days before Donald Trump sashayed back into the White House in January 2025, an Abu Dhabi-based investment vehicle made a clandestine leap forward.

The daily chart doth cry, “I have fallen, and I cannot rise again.” Bitcoin staggers from a failed ascent near 97,900, now far beneath the noble moving averages, and the trend structure doth confess a breakdown. A pair of lower highs and lower lows reads as a textbook bearish tragedy, n’est-ce pas?

This outlook has been reinforced by the intraday chorus of traders, where bets on short-leveraged positions rise like a rumor in a marketplace, suggesting that more falls may be on the horizon.