Traditional Finance Downtrend Alert: XAGUSD Drops Over 2%

BTC Breaks Through 68,000 USDT

Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,025 USDT.

Berachain surges 150% in a single day! Strategic transformation triggers an epic short squeeze

Berachain's native token BERA surged over 150% on February 11, marking the largest single-day increase in months. The foundation announced the "Bera Build Enterprise" strategy, supporting 3 to 5 revenue-generating applications, shifting from token incentives to cash flow-driven models. The large-scale token unlock did not trigger a sell-off but instead triggered a short squeeze. The liquidation heatmap shows a concentration of large short positions above key resistance levels.

LINEA (Linea) 24-hour increase of 31.44%

Gate News Bot Message, February 12th, according to CoinMarketCap data, as of press time, LINEA (Linea) is currently priced at $0.00, up 31.44% in the past 24 hours, with a high of $0.00 and a low of $0.00. The 24-hour trading volume reached $159 million. The current market capitalization is approximately $63.1 million, an increase of $15.1 million from yesterday. ## Recent Important News about LINEA: 1️⃣ **Smart Contract Security Enhancement** Linea has integrated Phylax's trusted layer technology to proactively prevent smart contract vulnerabilities. This move introduces cutting-edge security verification mechanisms, helping to reduce project risks within the ecosystem, boost developer and user confidence in network security, and thereby attract more applications and capital inflows. 2️⃣ **Cross-Chain Communication Application Experiment

Gate Daily (February 12): BlackRock announces purchase of UNI tokens; MicroStrategy to issue more perpetual preferred shares

Bitcoin (BTC) has once again weakened and declined, currently around $67,570 as of February 12. The US non-farm payrolls added 130,000 jobs in January, exceeding expectations and suppressing rate cut expectations. BlackRock will purchase an undisclosed amount of Uniswap tokens UNI. MicroStrategy CEO stated that the company will issue more perpetual preferred shares to alleviate investors' concerns about the stock price.

BERA (Berachain) increased by 75.53% in the last 24 hours

Gate News Bot Message, February 12th, According to CoinMarketCap data, at the time of press, BERA (Berachain) is trading at $0.88, up 75.53% in the past 24 hours, with a high of $1.50 and a low of $0.37. The 24-hour trading volume reached $902 million. The current market capitalization is approximately $188 million, an increase of nearly $80.08 million from yesterday. ## Important recent news about BERA: 1️⃣ **VC-backed tokens face market skepticism** Berachain, as a project token supported by venture capital firms, is currently viewed with caution by the market. Investors are paying more attention to factors such as the token’s liquidity release mechanism, the shareholding ratio of investment institutions, and their plans to reduce holdings, which may be a major factor influencing BERA’s price fluctuations.

U.S. employment data unexpectedly strong, Bitcoin still drops to 67K

U.S. employment data unexpectedly increased, prompting traders to reduce rate cut bets, and U.S. stocks edged lower. The crypto market confidence remains weak, with total market capitalization down 2.08%. Bitcoin briefly dropped to 65K but rebounded above 67K, while Ethereum fell below $2000. The Fear and Greed Index is in extreme fear.