Bitcoin price steadies above $70,000 as Trump-era crypto rally fades — and true believers won’t budge
NEW YORK, Feb 8, 2026, 08:49 (EST) Bitcoin traded around $71,287 on Sunday morning, hovering above $70,000 after a week of sharp swings. The token trades 24/7, so the selloff — and the rebound — have kept rolling through the weekend. The move matters in Washington now because President Donald Trump returned to office promising to make the U.S. the “crypto capital of the world,” and lawmakers have advanced looser rules for parts of the sector. Congress has passed a law aimed at regulating stablecoins — dollar-pegged digital tokens — as the industry pushes for more mainstream adoption. But bitcoin,