Bitcoin is experiencing a notable slide today (February 12, 2026), trading around $67,000–$67,500 after dipping lower in recent sessions, down roughly 0.26% to several percent in the past 24 hours depending on the exact timeframe, and part of a broader correction from late-2025 highs (where it peaked well above $100,000).
Key reasons for the current downward pressure include:
Revised U.S. jobs data — Recent government admissions of nearly 1 million overstated jobs from last year have reduced expectations for Federal Reserve rate cuts, hurting risk assets like Bitcoin.
Deleveraging and derivatives dominance — Heavy unwinding of leveraged positions (especially in futures/perpetuals) is amplifying the drop, even as spot buying remains present in some areas. Funding rates have turned deeply negative, signaling forced selling.
ETF outflows and institutional caution — Spot Bitcoin ETF issuers have seen selling/outflows, contributing to supply pressure.
Broader macro and risk-off sentiment — Divergence from rallying stocks, profit-taking after prior gains, fading "Tinkerbell Effect" (hype-driven momentum), and shifts in investor attention (e.g., toward AI or other assets) are weighing on crypto.
Other factors — Miner selling, whale movements (including large dumps), and overall post-peak correction dynamics after the massive run-up.
This is part of an ongoing correction phase in early 2026, with Bitcoin down significantly from its October 2025 highs but showing signs of whale accumulation in spots as potential support.
Here are some illustrative images to visualize the current Bitcoin price slide, charts, and market context:
These typically include recent BTC price charts showing the downtrend, candlestick patterns indicating the slide, and possibly news-related visuals explaining macro triggers like jobs data revisions. Note that crypto markets remain highly volatile—always do your own research!
