Bitcoin (BTC) Under $70,000 as ETF Outflows and US Data Rattle Markets

Bitcoin (BTC) plunged to $60K as ETF outflows and weak US labor data fueled recession fears, but oversold signals and Fed rate-cut bets support a cautious medium-term outlook.

Feb 8, 2026 - 08:00
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Bitcoin (BTC) Under $70,000 as ETF Outflows and US Data Rattle Markets
Bitcoin (BTC) plunged to $60K as ETF outflows and weak US labor data fueled recession fears, but oversold signals and Fed rate-cut bets support a cautious medium-term outlook.

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