Cryptocurrencies

Bitcoin Settles In Near $70,000 After Wild Roller-Coaster Ride

The Bitcoin logo on a cushion displayed at a Bithumb exchange office in Seoul.Photographer: Jean Chung/Bloomberg

Provide news feedback or report an error

Confidential tip?

Send a tip to our reporters

Site feedback:

Take our Survey

By Suvashree Ghosh and Matthew Brockett

February 9, 2026 at 2:06 AM UTC

Updated on

February 9, 2026 at 5:54 PM UTC

Bitcoin was trading on either side of $70,000 on Monday following a roller-coaster ride at the end of last week.

The original cryptocurrency was little changed at that level following the wide daily swings of more than 13% that undercut investors confidence. Bitcoin on Thursday plunged to $60,033, its lowest since October 2024, before rallying back above $70,000 on Friday.