On February 9, 2026, Binance said it completed a 4,225 BTC purchase for its Secure Asset Fund for Users, funded with approximately $300 million in stablecoins. The update put SAFU's Bitcoin balance at 10,455 BTC and outlined a 30-day rebalancing plan, with further purchases expected as progress is disclosed.

Bitcoin recovered nearly 2% after briefly falling below $70,000, but analysts argue the move sits within a broader bearish setup. One trader expects BTC to oscillate between roughly $57,000 and $87,000 before eventually breaking lower toward the $44,000–$50,000 area, while others highlight its position below the 50-week EMA near $95,300 as a sign of continued vulnerability.

On Feb. 9, Binance confirmed that its Secure Asset Fund for Users converted roughly $300 million in stablecoins into Bitcoin, lifting the fund's holdings to 10,455 BTC valued at about $734 million. The reserve, created in July 2018 as an insurance pool and now holding around $1 billion in crypto assets as of February 2026, also fulfills regulatory capital roles under the Abu Dhabi Global Markets framework.

Bitcoin began the second week of February trading above $70,000, while multiple analysts warned that a convincing macro bottom may still lie closer to $60,000 or even $50,000. Upcoming U.S. CPI data, shifting expectations for Federal Reserve rate cuts, movements in the U.S. dollar index and Japan's post-election policy stance are all seen as key factors for BTC price volatility, alongside elevated miner BTC transfers to exchanges.

On February 9, 2026, CoinShares said Bitcoin faces no immediate quantum computing threat, noting we are "nowhere near dangerous territory." The analysis indicates that reversing a public key in one day would require about 13 million physical qubits with fault-tolerant performance, and that truly threatening systems remain at least a decade away.

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.