Crypto Market Slips as Bitcoin Struggles to Reach $70k; BCH Leads Weekly Rally

Bitcoin stalls near $70k as BCH leads a weekly rally; the broader market remains subdued with a 24-hour decline.

2026-02-07

Cryptocurrency markets have moved sideways as investor sentiment remains subdued. Bitcoin faces resistance near $70,000, slipping 0.68% in the last 24 hours to $69,546, while select top altcoins show mixed moves. According to CoinMarketCap, total market capitalization stands at $2.36 trillion, down 0.79% over the previous day.

Ethereum rose 2.47% to $2,103 and Solana gained 2.09% to $88.77, signaling relative strength versus Bitcoin. Binance Coin slipped 0.95% and XRP fell 0.73% as major alts paused for breath.

Bitcoin Cash surged 10.36% over the week, contrasting with declines of 10.69% for Bitcoin, 11.54% for Ethereum, and 12.92% for Solana. In the last 24 hours, BCH jumped 7.23% to $535.09, underscoring robust demand in a risk-averse environment. The broader market remains under pressure as traders weigh the next moves for the coming sessions.