The American stock market decline impacts cryptocurrencies with BTC below $66,000

2026-02-13 06:18:48

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Volatility in the American stocks market continues to significantly impact the cryptocurrency market. Bitcoin (BTC) is experiencing a sharp decline, trading at $66.24K with a daily low of $65.11K, while Ethereum (ETH) is trading near $1.94K. The correlation between traditional financial markets and digital assets highlights how the performance of American stocks remains a key factor influencing crypto assets.

Collapse in American stocks pressures Bitcoin and Ethereum

The decline in the U.S. stock market has triggered a cascade of sell-offs in the crypto sector. According to analysis published by BlockKu, institutional investors and market operators’ pessimism has intensified downward pressure on major cryptocurrencies. The joint decline demonstrates that the dependence between American stocks and digital assets remains strong, with investors repositioning their portfolios simultaneously in both markets.

Pessimistic forecasts from financial institutions

Recent projections from major institutions like Stifel indicate even more challenging scenarios. The institution suggests the possibility of Bitcoin falling to levels near $38,000, reflecting skepticism about a short-term recovery. These forecasts amplify the negative sentiment among traders, especially considering how the performance of American stocks may continue to dictate the pace of crypto volatility in the coming periods.

BTC-1,16%

ETH-0,97%

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