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09.02.202603:35:40UTC+00Bitcoin Stabilizes After Turbulent Week

Bitcoin maintained stability above the $70,000 mark on Monday, following volatile fluctuations towards the end of the previous week. Investor sentiment showed signs of cautious recovery, as significant inflows were observed in US Bitcoin exchange-traded funds, indicating a renewed interest from investors after the recent market downturn. Nonetheless, traders are exercising caution, with analysts pointing out that the market still faces uncertainties regarding whether it has reached its lowest point. Last week, Bitcoin erased all price gains achieved since the election of US President Donald Trump, plummeting to $60,033, marking its lowest value since October 2024. The downturn in Bitcoin, reflected across other digital assets, is associated with investor concerns over elevated technology valuations and uncertainty surrounding the timeline for Federal Reserve rate cuts. Analysts also emphasize the heightened risk posed by decreased liquidity, noting a significant reduction in Bitcoin’s average market depth since October 2025.

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