New York, Feb 9, 2026, 17:02 (EST) — After the bell
Bitcoin (BTC) edged down 0.6% to $70,306 on Monday. The price saw a range from $68,371 up to $72,024 over the session.
Institutional money still hasn’t come back in force, and that’s got investors moving carefully. Net outflows from digital-asset investment products slowed to $187 million last week, according to CoinShares’ James Butterfill, who noted that the speed of withdrawals may tell a bigger story than the totals. Assets under management are now sitting at $129.8 billion, ETP volumes just hit a record $63.1 billion, and bitcoin alone posted $264 million in net outflows, the report said.
Regulatory jitters have resurfaced. South Korea’s Financial Supervisory Service flagged Bithumb’s accidental $40 billion bitcoin giveaway as evidence for stricter oversight, following a sharp selloff triggered by the blunder. Governor Lee Chan-jin called it proof of “structural problems” in the virtual-asset electronic system. Authorities, for their part, say they’ve managed to claw back 99.7% of the 620,000 bitcoins that were mistakenly sent out. Reuters
Macro factors offered little relief. The yen gained ground while the dollar slipped after Prime Minister Sanae Takaichi’s win in Japan, pushing the greenback down roughly 1% to 155.70 yen, according to Reuters. “The move in Japan is certainly a contributing factor in the dollar being weaker,” said Eugene Epstein, head of structuring for North America at Moneycorp. Traders now look to a packed slate of U.S. data that could sway the Federal Reserve’s next steps. Reuters
Ether picked up 1.0% to land at $2,118, after swinging from $2,010 to $2,141 earlier in the day. The token runs on the ethereum blockchain.
After the bell, shares tied to crypto moved up. Coinbase added 1.3%, finishing at $167.25. Strategy climbed 2.6%, closing at $138.44.
Still, the risks are straightforward enough: when crypto prices take a sharp dive, companies holding big digital stashes may have to sell into the weakness. A Reuters Breakingviews column points out that the $2 trillion plunge in total crypto value is squeezing corporate holders. Many are now trading for less than their asset values, and only a handful have anything like Strategy’s cash buffer.
All eyes now turn to the next potential mover: January’s U.S. consumer price index, scheduled for release at 8:30 a.m. ET on Feb. 13. The data has a reputation for jolting Treasury yields, the dollar, and investor risk-taking—and bitcoin typically reacts fast.
