February 8, 2026 – The price of Bitcoin (BTC) showed mild recovery on Sunday, trading at $70,172.01 against the US dollar, marking a daily increase of $774.27 or 1.10%. Despite the slight uptick, the world’s largest cryptocurrency remains under pressure after experiencing significant volatility throughout the past week and month.
Over the last seven days, Bitcoin recorded sharp fluctuations, reflecting uncertainty in the global crypto market. The price started the week at $78,696.06 on February 2, before slipping to $75,552.50 on February 3 and further declining to $73,370.67 on February 4. A steep fall was observed on February 5, when Bitcoin plunged to $63,933.93, representing the largest single-day drop of the week. However, the market rebounded strongly on February 6, with BTC surging to $71,270.82, followed by a modest decline on February 7 to $69,397.74.
Overall, Bitcoin lost $8,524.05 over the past seven days, highlighting ongoing market volatility and cautious investor sentiment. On a monthly basis, the decline has been even more pronounced. From $90,518.58 on January 9, Bitcoin has fallen nearly 29%, shedding more than $20,346 in value.
Market analysts attribute the recent swings to a combination of profit-taking, regulatory concerns, and shifting global economic conditions. Investors are advised to remain cautious, closely monitor market trends, and manage risk effectively as Bitcoin continues to trade within a highly volatile range.