**Bitcoin Report – February 12, 2026**
Bitcoin is trading around **$67,000 – $68,100 USD**, up roughly **1.5–2%** in the last 24 hours after recent volatility. It briefly dipped toward $66,000 earlier this week but has rebounded modestly.
- **24-hour trading volume**: ~$47–51 billion
- **Market cap**: ~$1.35–1.36 trillion
- **Circulating supply**: ~19.99 million BTC (max 21 million)
- **Recent range**: Low near $60,000–$61,000 (early February), high around $70,000–$72,000 in recovery attempts
- **All-time high**: ~$126,000 (October 2025); current price down ~46–47% from peak
The market remains in a consolidation/correction phase following the late-2025 bull run. Recent pressure stems from macroeconomic factors like revised jobs data, hawkish Fed signals delaying rate cuts, and reduced liquidity. Fear & Greed Index hit extreme lows (around 5–8), signaling potential capitulation but also bottoming signals like record realized losses last week.
Outlook: Analysts see possible sideways action or further dips (some targeting $50,000–$60,000 by mid-2026) before recovery, though extreme fear often precedes rebounds. Institutional views (e.g., BlackRock) highlight long-term inflow potential from allocations.
