Bitcoin $BTC & Crypto: Latest Headlines – Feb 7, 2026
Reuters
South Korean crypto firm accidentally sends $44 billion in bitcoins to users
Today
Barron's
U.S. Bitcoin Reserve Loses Nearly $5 Billion in Value After Crypto Wipeout
Today
Wall Street Journal
A New Crypto Winter Is Here and Even the Biggest Bulls Aren't Certain Why
Today
MarketWatch
Bitcoin bounces above $70K but is still headed for its worst week since 2022
Today
AMBCrypto
Has the Bitcoin market priced in Kevin Warsh’s nomination?
Today
zycrypto.com
CZ Hints at Bitcoin Making a Massive Comeback after Gold and Silver Gain Momentum
Today
Nasdaq
Prediction: This Cryptocurrency Could Soar 80% in 2026
Today
24-7pressrelease.com
HBMHCW Addresses $370 Million Q1 2026 Crypto Theft Crisis with Multi-Layer Phishing Defense as Attacks Escalate
Today#BitcoinGoogleSearchesSurge
📉 Major Market & Price Moves
1. Massive Bitcoin distribution error at Bithumb causes brief crash
South Korean exchange Bithumb accidentally sent users ~620,000 BTC (worth ~$44 billion), triggering a sharp selloff and price drop before freezing trading and recovering almost all coins. Regulators are now scrutinizing exchange controls.
2. U.S. government Bitcoin reserve loses ~ $5 billion in value
The U.S. Bitcoin reserve, established to build crypto leadership, has seen a ~45 % drop in value since March 2025, reducing its holdings’ worth by nearly $4.7 billion. Officials still defend the long-term strategy amid volatility.
3. Crypto winter deepens as Bitcoin posts steep decline
Bitcoin endured one of its worst downturns in years, dropping ~45 % from October highs with market volatility and uncertain macroeconomic factors cited as contributors.
4. Bitcoin rebounds above $70K but faces tough week
After sharp losses, Bitcoin briefly climbed back over $70,000. However, analysts note this follows a brutal week of selling and the asset still faces weak momentum.
📊 Market Sentiment & Factors
5. Market reaction to Fed nomination & macro impacts
Analysts say Bitcoin markets are reacting—but haven’t fully priced in—Kevin Warsh’s nomination as Federal Reserve Chair, a factor impacting risk assets.
6. CZ on Bitcoin comeback potential
Former Binance CEO Changpeng Zhao hinted that Bitcoin could make a strong comeback, even while gold and silver are gathering momentum.
7. Crypto prediction story: Altcoins outlook in 2026
A featured piece suggests some top cryptocurrencies (though not BTC itself) could see significant upside this year based on recent performance.
8. Cryptocurrency security press release
A compliance-focused platform addresses rising crypto theft and phishing risks—indicative of ongoing broader ecosystem security concerns.
📌 Broader Context from Recent Reports
Here’s a snapshot of additional Bitcoin developments reported today (Feb 7, 2026):
Bitcoin has tested 16-month lows around ~ $60,000, driven by risk-off sentiment, tech stock weakness, forced liquidations, and tighter monetary expectations.
Market caps have seen ~ $2 trillion wiped out across crypto, with BTC down roughly 30–50 % over recent months.
Bitcoin briefly rebounded from its lows as investors bought the dip, showing volatility continues to define this cycle.
Macro and ETF outflows are weighing on sentiment, suggesting traditional institutional interest has cooled.