Bitcoin moved back above $70,000 after a choppy 2024, with a weekly close below $68,000 seen as invalidation and a potential $60,000 retest. Projections point to $150,000–$200,000, while the path includes $85k–$92k and possibly $100,000 by year‑end. Bitcoin Hyper uses SVM and has attracted $31.3M, with tokens at $0.0136753.

Bitcoin Core developer Peter Todd said in recent days about 10% of global hash power went offline, coinciding with a slide in network difficulty to 125.86 T. On Nov. 11, difficulty was 155.97 T. A Bloomberg report adds that hash price has fallen to roughly 3 cents per terahash, pressuring miners' margins.

According to CryptoQuant analyst Darkfost on Saturday, Bitcoin's Sharpe ratio dropped to -10, its lowest since March 2023 and near zones observed in 2018 and 2022. The analyst warned this does not confirm a bear-market end. 10x Research on Monday noted sentiment is extreme while a broader downtrend persists, as BTC rebounded from $60,000 to $71,000 but remains 44% below its October peak of $126,000.

On February 9, 2026, a Bitcoin Genesis address associated with Satoshi Nakamoto received 2.565 BTC, valued at more than $150,000. Community members on X offered theories ranging from a symbolic tribute or burn to speculation about Satoshi's possible activity. The address now holds about 57 BTC as past on-chain records show multiple sizeable deposits sent there in recent years.

A sharply critical opinion column by Jemima Kelly in the Financial Times, titled "Bitcoin is still about $70,000 too high," argued that Bitcoin is ultimately headed to zero, shortly after the asset fell toward $60K and then traded around $70K. Many cryptocurrency investors treated the article as a contrarian signal and used it as a cue to buy the dip, openly mocking the publication's stance and questioning its relevance. Community comments suggested that such mainstream declarations that Bitcoin is "dead" are being interpreted by some as a bullish indicator rather than a warning.

CoinShares Bitcoin research lead Christopher Bendiksen argues that concerns over quantum computers breaking Bitcoin are overstated, as only a small portion of the 1.63 million BTC analyzed sits in addresses with exposed public keys. He estimates that 10,230 BTC are in wallets theoretically vulnerable to quantum algorithms, while most holdings would take over a thousand years to crack even under optimistic assumptions. The debate in the Bitcoin community continues, with some experts calling quantum an existential risk and urging early upgrades to post-quantum signatures.

Bitcoin rebounded from the $60,500 low and is consolidating above $70,000, with resistance lining up at $71,200 and the $72,000 area. According to the hourly BTC/USD chart using Kraken data, price sits above the 100-hour SMA after a break of a $69,800 trendline, but a rejection at $72,000 could send it back toward $68,500–$67,200.

On Friday, February 6, CoinShares said fears about Bitcoin's quantum vulnerability are overstated. The firm's analysis focuses on legacy P2PK exposure, estimating roughly 1.6 million BTC there but only about 10,200 BTC in large accounts that could disrupt markets, while stressing today's quantum machines lack the 13 million physical qubits needed to break keys quickly.