- Bitcoin erased its 2026 gains amid market volatility at the start of the year.
- Nearly $490 million flowed out of U.S.-listed Bitcoin ETFs in one day, signaling investor retreat.
- Geopolitical tensions tied to Donald Trump and expectations of interest-rate moves pressured risk assets and the dollar.
- Bitcoin fell to about $87,000 and could test support between $80,000 and $84,000.
- CoinCodex forecasts a rise to roughly $103,952 by February 21, 2026, while technical indicators show bearish sentiment and a Fear & Greed Index of 24.
At the start of 2026, Bitcoin erased gains made earlier in the year as investors pulled back amid rising geopolitical uncertainty and shifting rate expectations. The market reaction followed news tied to Donald Trump and broader concerns about a softer U.S. dollar and monetary policy. According to Walter Bloomberg on X, nearly $490 million flowed out of U.S.-listed Bitcoin ETFs in a single day.
“BITCOIN WIPES OUT 2026 GAINS. Bitcoin has erased all gains made since the start of 2026 as investors retreat from risk. After rising as much as 12% earlier, the cryptocurrency fell to around $87,000.” wrote Walter Bloomberg on X.
Market reports note that Bitcoin fell to about $87,000 and analysts warned it could test support between $80,000 and $84,000 amid ongoing volatility. The intraday move included a rise of as much as 12% before the sell-off, highlighting rapid shifts in investor sentiment.
Per a recent forecast by CoinCodex, “BTC is forecasted to rise by 15.29% and reach $103,952 by February 21, 2026.” The same forecast noted current technical indicators are bearish, the Fear & Greed Index reads 24 (Extreme Fear), and Bitcoin recorded 14 of the last 30 days as green with 3.05% volatility.
✅ Follow BITNEWSBOT on Telegram, Facebook, LinkedIn, X.com, and Google News for instant updates.
Previous Articles:
- Columbia Prof Calls NYSE Tokenization Plan ‘Vaporware’ Warns
- YouTube ramps AI tools, vows to curb low-quality fakes +more
- United gains after strong 2025, raises 2026 EPS outlook now.
- Circle funds UN rollout of stablecoins to cut aid costs 20%.
- Saga pauses SagaEVM after $7M hack as $D plunges 25% today..
