📊 $BTC
BTC Market News Today (Feb 8, 2026)
🔻 Market Trend: Volatility & Recent Crash
Bitcoin has faced strong selling pressure this week, with prices falling sharply from recent highs and triggering fear across crypto markets.
Some reports say BTC briefly tested the $60K–$70K range after sudden corrections and global tech-market weakness.
Analysts warn the market sentiment has shifted to “extreme fear,” showing one of the weakest investor moods since 2022.
📈 Current Market Behavior
Despite the sell-off, on-chain data shows broader accumulation by investors, suggesting long-term buyers are returning after capitulation.
Technical outlooks say BTC is trying to hold a rebound above roughly $76K support, with resistance near $80K–$86K.
Increased volatility pushed Google search interest in “Bitcoin” to a yearly high, reflecting massive trader attention.
🐳 Market Drivers & Reasons for Drop
ETF outflows, whale selling, and macro risk-asset weakness contributed to the downturn.
Forced liquidations and leveraged trading losses accelerated the crash during the week.
Global market pressures and tech-sector selloffs added additional downside momentum. #BTC☀ #marketcrash #todaybtcupdate