Bitcoin News Today: BTC Reclaims $70,000 After Liquidation Reset and Whale Accumulation
Bitcoin traded above $70,000 on February 15, 2026, after buyers stepped in to defend the level following an early-month slide toward $60,000.
At the time of writing, BTC traded around $70,405, while traders watched whether renewed ETF demand and lower leverage could fuel a move toward $72,000 and higher.
Bitcoin Price Today Steadies Above $70,000 After a Sharp February Slide
BTC reclaimed $70,000 after a volatile two-week stretch that took price into the mid-$60,000s and briefly toward $60,000. Risk appetite improved as broader markets stabilized, which helped BTC recover from the month’s lows.
K33 Research described the move toward $60,000 as a potential “local bottom,” pointing to capitulation-style signals across spot, derivatives, and ETF positioning. Traders now treat $68,000–$70,000 as a key pivot area, since failed holds in that band often trigger faster profit-taking.
Liquidations also shaped the rebound. CoinGlass data showed about $189 million in crypto futures liquidations over a recent 24-hour window, with shorts making up most of the total as price bounced. That wipeout reduced crowded positioning and left the market with cleaner leverage conditions.
Spot Bitcoin ETF Inflows Return as Fidelity FBTC Leads the Day
US spot Bitcoin ETFs flipped back to net inflows on February 13, adding about $15.2 million in net new capital, according to SoSoValue data.
Fidelity’s FBTC led with about $11.99 million, while WisdomTree’s BTCW added about $3.6 million and VanEck’s HODL added about $1.9 million. BlackRock’s IBIT posted the largest outflow at about $9.36 million.
Traders often watch daily ETF flows for confirmation because sustained inflows can reinforce spot support during volatility. Recent sessions showed mixed allocation across issuers, which suggests investors still pick specific products rather than buy the category uniformly.
Leverage metrics also reset. Bitcoin futures open interest fell to about $34 billion, down roughly 28% in dollar terms, after roughly $5.2 billion in forced liquidations over two weeks. That drop reduced notional risk and lowered the chance of cascade moves from crowded derivatives books.
Also Read: Bitcoin Faces Downside Risk as Whales Shift to Exchanges: What's Next?
Brazil’s Strategic Bitcoin Reserve Proposal Adds a Policy Watchpoint
In Brazil, lawmakers reintroduced Bill 4501/2024, which would create a Strategic Sovereign Bitcoin reserve known as RESBit. The proposal targets purchases of up to 1 million BTC over five years and includes language that would allow Bitcoin for tax payments and fines, while also outlining income-tax exemptions tied to digital-asset transactions.
The proposal remains under legislative review, so it has not created immediate demand. Even so, traders monitor sovereign-reserve discussions because they can influence longer-term adoption narratives and institutional positioning.
On-chain behavior also supports the “buy-the-dip” theme. Large wallets holding more than 1,000 BTC accumulated about 53,000 BTC over a recent week, marking the biggest burst of whale buying since November. Market participants now watch $72,000 as the next upside trigger and $65,000–$66,000 as the first major support zone on a pullback.
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