Bitcoin Nears $67,000 Amidst Severe Weekly Correction
On Thursday, February 12, 2026, BTC fell to $66,938, recording a 2.7% decline for the day. ETH followed suit at $1,939, also retreating. BTC’s weekly performance has reached -8.5%, while ETH shows a similar loss. This marks the third consecutive day of decline, reinforcing bearish sentiment.
This correction is driven by an unfavorable macroeconomic environment. U.S. employment data, released earlier in the week, reignited fears of persistent inflation, pushing investors towards safer assets like bonds. BTC, often correlated with equity markets during periods of stress, is experiencing significant sell-offs. ETH, meanwhile, is suffering from a decline in interest in DeFi applications, whose volumes are stagnating. The $67,000 threshold for BTC is a significant psychological level, and its breach could accelerate selling.
For market participants, this day is a test of resilience. If BTC manages to stabilize around $66,000, a technical rebound is possible. However, the trend remains fragile. The next sessions will depend on economic announcements, particularly inflation figures expected next week. In the meantime, caution is advised, and trading volumes remain moderate, signaling general hesitation.
