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. 1
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. 2
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. 3
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. 4
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. 5
