As of February 9, 2026, Bitcoin (BTC) is trading at approximately $70,854.61 on Binance. After a brief dip below the $70,000 mark earlier in the day, the price has rebounded, showing a minor 24-hour increase of about 0.72%.
Market Summary
24h Trading Volume: Approximately $49.51B globally, with significant activity concentrated on Binance's BTC/USDT spot pair.
Day's Range: Bitcoin fluctuated between a low of $68,291.03 and a high of $72,206.91.
Market Capitalization: BTC maintains its lead as the top cryptocurrency with a market cap of $1.41 Trillion.
Circulating Supply: Currently 19.99M BTC, nearing the hard cap of 21M.
Key Developments
SAFU Fund Reinforcement: Binance recently converted its Secure Asset Fund for Users (SAFU) reserves into Bitcoin, adding 4,225 BTC (valued at over $300 million) at an average price of $70,403.17.
Whale Activity: On-chain data from February 9, 2026, shows that large holders ("whales") holding between 1,000 and 100,000 BTC accumulated an additional 40,000 BTC during recent price dips.
Market Sentiment: While some regulatory warnings have emerged from Russia regarding "weak foundations," the broader market sentiment remains buoyed by "buy-the-dip" activity, keeping the total crypto market cap above $2.3 Trillion.
