
Jakarta, Pintu News – The price of Bitcoin came under sharp pressure in early February 2026, correcting from levels above US$70,000 to below US$67,000 in recent days. This decline has had a significant impact on the crypto market, liquidity, and global investor sentiment. This trend not only affects BTC directly, but also reflects broader risk conditions across the cryptocurrency ecosystem.
Bitcoin price plummeted significantly in the last few trading sessions, surpassing the important technical level below US$67,000 and becoming the lowest since October 2024. This drop shows that volatility in the crypto market is still high despite some investors hoping for stabilization after the previous rally.
In highly volatile market conditions, buyers are reluctant to enter while sellers accelerate selling to minimize losses, which magnifies the downward movement. Sharp corrections like this emphasize the crypto market’s character of being sensitive to macro news and large capital actions.
Also Read: 5 Crypto that Whale is Eyeing in February 2026, Quietly Accumulating Amid Volatility
Bitcoin’s decline coincided with a major sell-off in global tech stocks, which often signals a shift in investment from riskier assets to safer instruments. When investors move capital into instruments like bonds or fiat currencies, assets like crypto usually receive stronger selling pressure.
Weakened risk sentiment led to capital outflows from the crypto market, pushing BTC and altcoins down together. When tech assets fall, the correlation between stocks and crypto makes the declines mutually reinforcing.

The selling pressure in Bitcoin triggered various liquidations of leveraged positions, especially long positions that utilized large margins. As the price fell, many auto-trading positions were executed to cover losses, which only added to the selling volume in the market.
This forced liquidation added to the already existing downward momentum and created a domino effect in the crypto derivatives market. Other crypto assets such as Ethereum and altcoins have also recorded similar price pressure from this action.
The decline in Bitcoin’s value has impacted crypto-based investment products such as the Bitcoin ETF, which recorded significant capital outflows. Institutional investors who were big buyers during the rally period are now reducing their exposure in the market.
These outflows signal that professional investors’ interest in crypto is weakening, which could reduce spot market liquidity and exacerbate short-term selling pressure. It also lowers overall market confidence, which is important in medium-term price dynamics.
Bitcoin’s sharp price movements are affecting sentiment broadly in the crypto market. Many market participants are now entering risk-off mode by reducing allocations to speculative assets such as crypto. This is reflected in an increase in the crypto market’s fear index and analysts’ comments that the market may be undergoing a long-term reset.
This negative sentiment could trigger more selling if there are no new positive catalysts in the near future.
Apart from Bitcoin, many other cryptocurrencies have also taken a hit due to high market correlation. Altcoins with medium and small market capitalizations usually suffer more when BTC drops, as investor capital flows tend to exit high-risk assets first.
The downturn has also affected DeFi projects, NFTs, and other tokens that are often seen as speculative assets, so investors need to be careful in assessing the risk of their portfolios.
Also Read: 3 Crypto Underrated in February 2026 that Investors are Starting to Look at, Not Just Hype!
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*Disclaimer
This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying and selling Bitcoin and other crypto asset investments are the responsibility of the reader.