Bitcoin Falls Below $67,000 As Rally Loses Steam

Bitcoin’s recent rebound lost momentum Wednesday, with the cryptocurrency trading near $66,737, according to CNBC. The digital asset remains well below its October record high above $126,000 and is down about 47 percent from that peak.

The sell-off intensified earlier this month when bitcoin fell under $70,000 and briefly hovered just above $60,000, a level seen by traders as critical support. A wave of forced liquidations on Feb. 5 accelerated losses, though that pressure has since eased.

Bitcoin bounce fades as it drops back down to just under $67,000 https://t.co/uVPq37rP2N

— CNBC International (@CNBCi) February 11, 2026

Market volatility in U.S. technology stocks and uncertainty over monetary policy under President Donald Trump’s administration have also weighed on investor sentiment. Outflows from bitcoin exchange-traded funds added further strain, though inflows have returned in recent days.

Some analysts say the traditional four-year bitcoin cycle remains intact following April 2024’s halving event. Industry executives told CNBC they would not be surprised to see prices test $50,000 before stabilizing later this year.

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