According to Matrixport’s latest analysis, Bitcoin is attempting a recovery for a trend reversal after a wave of intense selling described as “capacitation.” The analysis stated that vulnerable positions were liquidated during the recent downturn, triggering a chain reaction that involved both passive selling pressure in the spot market and forced liquidations in derivatives markets.
Recent sharp fluctuations in the cryptocurrency markets have reinforced investors’ cautious stance, and experienced trader Eugene Ng Ah Sio has offered his assessment of Bitcoin. According to Eugene, the $60,000 level still stands out as a “reasonable” support point from a technical perspective, but there is no clear consensus on whether the market has bottomed
An unidentified Bitcoin holder sent 2.5 BTC, worth around $181,000, to the wallet tied to Satoshi Nakamoto, the pseudonymous architect of Bitcoin who published the network’s foundational whitepaper in 2008 before vanishing from public view around 2011, according to data from Arkham Intelligence. The transfer, which took place over the weekend, landed in the so-called
The crypto market has steadied after last week’s sell-off, with Bitcoin posting a double-digit rebound even as analysts caution the rally may not be sustained. The leading crypto is up 12% from Friday’s low of $62,822 and is currently trading at $70,998, according to CoinGecko data. The bounce coincides with an improvement in U.S. investor
A wallet long associated with Bitcoin’s elusive founder, Satoshi Nakamoto, just received 2.565 $BTC, worth over $150,000. Several analysts and DeFi researchers on X, among them 0xNobler, flagged the unusual transfer. That speculation ranged from theories that Satoshi may still be alive to suggestions that the transaction was merely a symbolic tip sent to the
Bitcoin price today trades near $68,582 after consolidating above the $67,000 support zone following last week’s crash to $60,000. The current drawdown of 54% from October’s all-time high has Bitwise CIO Matt Hougan drawing parallels to the 2018 and 2022 bear market bottoms, suggesting much of the bad news may already be priced in. Bitwise
Futures are slightly green heading into Monday, with S&P 500 up 0.2%, Nasdaq 100 up 0.3%, and Dow futures up 87 points, after a wild week of tech-led selling and a Friday bounce. Bitcoin reclaimed $70,000 after diving below $61,000 on Thursday night. Gold is holding above $5,000 and silver’s still near $77, all steady
The cryptocurrency community has unleashed a torrent of mockery and defiance against the Financial Times following the publication of a scathing opinion piece declaring that Bitcoin is effectively worthless. The article, penned by FT columnist Jemima Kelly and titled “Bitcoin is still about $70,000 too high,” argues that the leading cryptocurrency is destined to hit
Bitcoin Price Reclaims $71,000 as Institutions Buy the Dip and Retail Interest Surges The Bitcoin price climbed back above $71,000 over the weekend, extending its rebound after one of the sharpest sell-offs of the cycle sent the price briefly plunging toward $60,000 earlier this week. The recovery comes as institutional investors appear to be treating
Bitcoin continues its tug-of-war with gravity after an unforgiving plunge from record highs. On Feb. 8, 2026, bitcoin is priced at $70,854, boasting a market capitalization of $1.41 trillion and a 24-hour trading volume of $50.09 billion. The price ranged intraday from $68,443 to $70,976—swinging like a caffeinated pendulum through volatile terrain. Bitcoin Chart Outlook