{"id":6563,"date":"2026-02-11T18:49:07","date_gmt":"2026-02-11T18:49:07","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6563"},"modified":"2026-02-11T18:49:07","modified_gmt":"2026-02-11T18:49:07","slug":"myx-finance-crashes-30-in-a-day-as-sell-off-deepens","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6563","title":{"rendered":"MYX Finance crashes 30% in a day as sell-off deepens"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/myx-finance-price-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/myx-finance-price.png\" alt=\"MYX Finance Coin\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>MYX Finance price dropped more than 30% to under $4 amid mounting selling pressure.<\/li>\n<li>The Relative Strength Index (RSI) suggests oversold conditions, potentially sparking a relief bounce.<\/li>\n<li>Downside is, however, the path of least resistance amid a technical breakdown.<\/li>\n<\/ul>\n<p>MYX Finance (MYX) price has declined by more than 30% in the past 24 hours, hitting fresh lows under $4.<\/p>\n<p>The Sequoia and Consensus-backed decentralized liquidity protocol ranked as the biggest loser among the top 100 coins on Wednesday, with its dramatic downturn extending the rot since prices sharply dropped from highs of $6.9.<\/p>\n<p>As of writing on February 11, 2026, the token\u2019s price hovered at levels last seen in early January.<\/p>\n<h2>MYX Finance price falls 30% as sell-off intensifies<\/h2>\n<p>There were sharp declines across the broader cryptocurrency market on Wednesday as Bitcoin fell to under $66k again.<\/p>\n<p>But while Arbitrum, Bittensor, World Liberty Financial, and Jupiter all slipped, MYX Finance\u2019s 30% drop over the period was the sharpest.<\/p>\n<p>The bleeding pushed the token below the critical $4 threshold, with a return to $3.88 marking the biggest drop since the 48% mauling on October 10, 2025.<\/p>\n<h2>Why is MYX Finance price down?<\/h2>\n<p>MYX is crashing amid massive selling pressure. According to CoinMarketCap data, the altcoin saw a nearly 120% spike in daily trading volume as prices plummeted.<\/p>\n<p>As noted, the sell-off comes as the broader crypto market jitters push sentiment into extreme fear territory.<\/p>\n<p>Bitcoin\u2019s struggle to hold above $70k, with sharp declines to $65k in the past 24 hours, has exacerbated the downside action.<\/p>\n<p>Spooked holders are now dumping the MYX accumulated during the token\u2019s rally to above $6.9 last month.<\/p>\n<p>The price capitulation now has MYX Finance\u2019s total value locked (TVL) down to $27 million. DeFiLlama also shows protocol fees, a key revenue driver, are also sharply down as institutional interest wanes.<\/p>\n<p>Open interest in MYX perpetual futures contracts has slipped to $26 million, compared to over $182 million in October 2025 and $59 million in early January.<\/p>\n<h2>Technical analysis: What next for MYX?<\/h2>\n<p>From a technical perspective, MYX Finance\u2019s trajectory is largely bearish.<\/p>\n<p>The token has decisively broken below a multi-week ascending channel pattern on the daily chart, with the technical formation having supported its uptrend to year-to-date highs.<\/p>\n<p>This breakdown, which could be confirmed by a close under the channel\u2019s lower boundary, signals strong downside continuation.<\/p>\n<p>Other indicators allude to the potential for further erosion of bullish momentum.<\/p>\n<p>RSI on the daily chart is decisively sloping into oversold territory, but it\u2019s not there yet to suggest room for bears to manoeuvre.<\/p>\n<figure id=\"attachment_361180\" aria-describedby=\"caption-attachment-361180\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-361180\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/MYXUSDT_2026-02-11_19-15-00.png\" alt=\"MYX Price Chart\" width=\"1057\" height=\"609\"\/><figcaption id=\"caption-attachment-361180\" class=\"wp-caption-text\">MYX price chart by TradingView<\/figcaption><\/figure>\n<p>MYX price is also below a key ascending trendline from Nov. 2025, with psychological support at $3.60. If sellers drive MYX under $3.00, the next major demand reload zone will be $1.85.<\/p>\n<p>On the upside, any short-term rebound faces formidable resistance at the $6.90 zone. Before that, bulls have to negotiate the mild overhead supply clusters around $4.80.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Markets,Altcoin News#MYX #Finance #crashes #day #selloff #deepens1770835747<\/p>\n","protected":false},"excerpt":{"rendered":"<p>MYX Finance price dropped more than 30% to under $4 amid mounting selling pressure. The Relative Strength Index (RSI) suggests oversold conditions, potentially sparking a relief bounce. Downside is, however, the path of least resistance amid a technical breakdown. MYX Finance (MYX) price has declined by more than 30% in the past 24 hours, hitting<\/p>\n","protected":false},"author":1,"featured_media":6564,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6563","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>MYX Finance crashes 30% in a day as sell-off deepens - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"MYX Finance price fell sharply as cryptocurrencies tanked on Wednesday, with MYX hitting lows of $3.88 amid 120% volume spike\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6563\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"MYX Finance crashes 30% in a day as sell-off deepens\" \/>\n<meta property=\"og:description\" content=\"MYX Finance price fell sharply as cryptocurrencies tanked on Wednesday, with MYX hitting lows of $3.88 amid 120% volume spike\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6563\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-11T18:49:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/myx-finance-price.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"1024\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6563\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6563\",\"name\":\"MYX Finance crashes 30% in a day as sell-off deepens - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6563#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6563#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/myx-finance-price.png\",\"datePublished\":\"2026-02-11T18:49:07+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"MYX Finance price fell sharply as cryptocurrencies tanked on Wednesday, with MYX hitting lows of $3.88 amid 120% volume spike\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6563#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6563\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6563#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/myx-finance-price.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/myx-finance-price.png\",\"width\":1024,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6563#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"MYX Finance crashes 30% in a day as sell-off deepens\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; 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