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Bitcoin under pressure: $70,000 still out of reach

18/02/2026
Source : ORISHAS FINANCE
Categories: Economy/Forex

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Bitcoin confirms its downturn on Monday evening in a market marked by hesitation and caution. After a rebound observed at the end of Last week, the most famous cryptocurrency is still trading nearby of its lowest levels since 2024, penalized by a persistent aversion to risk.

Around 20:30 p.m., Bitcoin lost 0.7% over 24 hours at 67.973 dollars, according to data from CoinMarketCap. Despite several attempts registered since last week, the digital asset did not reach crossing the psychological threshold of 70,000 dollars, confirming the fragility of bullish momentum.

“A convergence of risk factors, ranging from concerns related to artificial intelligence in an interest rate environment of persistent high interest and at the risk of conflict in the Middle East, prevents liquidity from returning to the cryptocurrency market”, analysis Samer Hans, analyst at XS.com.

Investment flows illustrate this caution. “According to Data from SoSo Value, bitcoin spot ETFs recorded capital outflows for the fourth week in a row, highlighting the the ephemeral and largely speculative nature of recent entries,” he adds.

On the rest of the market, performances remain contrasting. Ethereum grew by 1.2% over 24 hours to 1.973 dollars. XRP gained 1% to $1.47. BNB, a token associated with the platform Binance rose 0.6% to $616. Conversely, Solana fell by 1.4% to 85 bucks.

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