Crypto just took another hit, even as regulators move closer to embracing stablecoins. Bridge’s conditional OCC approval marks a major step toward federally regulated digital asset banking, but markets are still sliding.

But while Bridge is building the stablecoin rails, everyone is asking, “Why is crypto crashing today?” That’s the question DeepSnitch AI aims to answer. With four out of five AI agents already live, the protocol is on track to create the most powerful trading centre the Web3 has ever seen.

Bridge wins conditional OCC approval for national bank charter

The Office of the Comptroller of the Currency has issued a conditional approval for Bridge (the stablecoin company acquired by Stripe) to operate as a federally chartered national trust bank.

Once fully approved, the charter would allow Bridge to provide stablecoin products and services under direct federal oversight, including digital asset custody, stablecoin issuance, and reserve management.

Bridge joins other crypto firms such as Circle and Ripple that have also received conditional approvals. However, the American Bankers Association has urged regulators to slow down charter approvals, arguing that GENIUS Act rules remain unclear and could allow companies.

Why is crypto crashing today, and which tokens are rallying?

DeepSnitch AI

DeepSnitch AI continues to build presale momentum as investors are wondering, “Why is crypto crashing today?”, having raised close to $1.65 million so far. The DSNT token is currently priced at $0.04064, reflecting steady progression through its phased launch model.

The platform’s core proposition is to reduce the information gap between large holders and retail traders. Using AI agents, DeepSnitch AI converts complex on-chain data into simplified insights intended to support faster, more informed decisions.

One highlighted feature is SnitchGPT, a conversational AI tool designed to answer real-time market questions like “Why is crypto crashing today?” and interpret sentiment or price movements before they are widely covered. This functionality is positioned as a way to streamline research during volatile conditions.

DeepSnitch AI’s presale also includes tiered bonus incentives. For example, a $2,000 allocation with a 30% bonus would increase the token amount received compared to the base purchase.

Sui

Sui traded near $0.95 on February 18 and continues its slide. The trend stays bearish. Price sits below the falling 50-day EMA at $1.28, and the 100- and 200-day EMAs also trend lower. Momentum remains weak.

Grayscale has launched the Sui Staking ETF on NYSE Arca. The product gives institutions regulated exposure to SUI. Still, traders show caution. Futures open interest has dropped toward $512 million, which signals low risk appetite.

Support sits at $0.87. A break below could send SUI toward $0.79. RSI hovers near 36, while MACD and Parabolic SAR hint at early stabilization. Bulls must reclaim $1.28 to shift control.

Avalanche

Avalanche traded below $9 and has fallen for four straight days as of February 18. Price stays weak even as VanEck’s spot ETF (VAVX) pulled in $4.26 million in one session, its largest inflow so far. ETF demand has not lifted sentiment.

Derivatives data show caution. Futures open interest has dropped toward $397 million, near monthly lows. Traders have reduced exposure. Funding rates have turned slightly positive, but buyers lack strength.

On-chain signals look mixed. Whale activity and other metrics hint at stabilization, yet the chart remains fragile. RSI sits near 37 and shows ongoing bearish pressure. AVAX must hold $8.78 to avoid a move toward $7.55. A reclaim of $9 could open the door to $10.

The bottom line

Being the best crypto to invest in means solving real problems, attracting real users, and still being early.

DeepSnitch AI delivers on all three. While Sui and Avalanche struggle and investors ask why crypto is crashing, DSNT has already surged 170% and raised over $1.65 million from whales positioning ahead of launch.

Built for 100M+ traders who need a clear answer to the “Why is crypto crashing today” question, it’s still priced at just $0.04064. With bonuses active and momentum building into listing season, this presale opportunity won’t stay open.

Visit the official website for more information, and join X and Telegram for community updates.

FAQs

Why is crypto crashing today despite stablecoin progress?

The crypto market selloff reflects risk-off sentiment and a Bitcoin dominance spike, while DeepSnitch AI helps traders interpret volatility best.

What’s driving the current crypto market selloff?

Rising Bitcoin dominance, weak altcoin momentum, and reduced futures open interest fuel the crypto market selloff, where DeepSnitch AI offers superior insights.

How does a Bitcoin dominance spike affect altcoins?

A Bitcoin dominance spike often pressures altcoins during selloffs, making DeepSnitch AI the best tool for navigating sudden market shifts.

The post Why Is Crypto Crashing, and How Did DeepSnitch AI Surge 170% While Sui and Avalanche Crashed? appeared first on Blockonomi.

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Filed under: Bitcoin - @ February 19, 2026 5:20 pm