Digital financial markets and strategic assets as of Sunday morning, February 8, 2026.
📉 Crypto Market: Bitcoin "Finds a Bottom" in a Zone of High Volatility The cryptocurrency market is experiencing a challenging February with red dominating most major trading boards. 1. Bitcoin (BTC): Violent Fluctuations Around $70K 24-Hour Volatility: Bitcoin had an extremely volatile trading day with a wide range from $67.33K to $71.69K. BTC's inability to hold above $71K triggered a short-term sell-off. Opening Price Today (February 8): BTC started the day at $69.28K. Analysis: With the opening price lower than the 24-hour average, Bitcoin is showing heavy pressure from the bears. The psychological support level of $67K is under serious threat. If this level is breached, BTC could retreat to the $65K region to seek new buying pressure. 2. Ethereum (ETH): Sideways in a downtrend Trading situation: ETH opened today at $2.08K and is currently fluctuating around $2.07K. Analysis: Compared to Bitcoin, Ethereum seems more resilient but is still not immune to the general correction trend of the Altcoin market. Maintaining above the $2K mark is extremely important to retain confidence among investors in the DeFi ecosystem. #SachtonyMartket #BTC #ETH #ICP #GT
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Digital financial markets and strategic assets as of Sunday morning, February 8, 2026.
📉 Crypto Market: Bitcoin "Finds a Bottom" in a Zone of High Volatility
The cryptocurrency market is experiencing a challenging February with red dominating most major trading boards.
1. Bitcoin (BTC): Violent Fluctuations Around $70K
24-Hour Volatility: Bitcoin had an extremely volatile trading day with a wide range from $67.33K to $71.69K. BTC's inability to hold above $71K triggered a short-term sell-off.
Opening Price Today (February 8): BTC started the day at $69.28K.
Analysis: With the opening price lower than the 24-hour average, Bitcoin is showing heavy pressure from the bears. The psychological support level of $67K is under serious threat. If this level is breached, BTC could retreat to the $65K region to seek new buying pressure.
2. Ethereum (ETH): Sideways in a downtrend
Trading situation: ETH opened today at $2.08K and is currently fluctuating around $2.07K.
Analysis: Compared to Bitcoin, Ethereum seems more resilient but is still not immune to the general correction trend of the Altcoin market. Maintaining above the $2K mark is extremely important to retain confidence among investors in the DeFi ecosystem.
#SachtonyMartket #BTC #ETH #ICP #GT