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February 8, 2026 Afternoon Bitcoin Market Analysis Report $BTC $ETH $BNB 🧧🧧🧧Rewards for everyone to claim red envelopes🚨🚨💥💥💥💥Value 666🧧🧧🧧🧧 1. Core market data for the afternoon
On February 8, 2026, at 16:51 (UTC+8), the real-time trading price of Bitcoin was 489,430.24 yuan (approximately 69,314.79 USD), an increase of **+1.94% compared to the previous trading period, with a current total market value of 9.78 trillion yuan (1.38532 trillion USD), and a 24-hour global trading volume of 59.35 billion USD. As of 17:12 that day, the Bitcoin price slightly rose to 70,379.6 USD (approximately 489,208.6 yuan)**, with a 24-hour increase expanded to 2.41%, showing a slight warming oscillation trend in the afternoon.
From the perspective of short-term price fluctuations, Bitcoin stabilized above 69,000 USD on the afternoon of the 8th after hitting a 16-month low of 60,000 USD on February 6, completing a phase of oversold rebound, but still down over 44% compared to the historical high of 125,000 USD on October 12, 2025, overall in a deep correction cycle.
2. Recent core driving factors of market fluctuations
(1) Multiple negative factors from the prior sharp decline
Bitcoin has entered a continuous correction since peaking in October 2025, with a single-day drop of over 12% on February 5-6, primarily due to the combined impact of five major factors, becoming the core driver of this round of decline: #美国伊朗对峙 #BTC何时反弹?
RWUSD can be simply understood as: the "US dollar yield token" in the Binance system. It is not meant for wild price speculation, but rather a tool for steadily earning returns, suitable for those who do not want to operate frequently and do not want their funds to be idle.
On the Binance side, RWUSD will work in conjunction with all financial products, such as: • Demand financial management: deposit and withdraw at any time, with low returns but the best liquidity • Fixed-term financial management: locking funds for several days to months for more stable returns • Structured products / yield enhancement: using RWUSD as the base to earn extra interest • Copy trading, quantitative trading, automated financial management: treating RWUSD as a "stable fund pool"
RWUSD is more like "US dollars that can earn interest." When the market is good, you can switch at any time to trade; when the market is bad, keeping money in RWUSD will at least earn interest, reducing the risks of missing opportunities and making erratic moves.
The suitable audience can be summed up in one sentence: those who do not want to monitor the market daily but still want their money to be active.