Bitcoin attempts fragile rebound after sharp selloff
Bitcoin staged a tentative rebound to about $70,854 on February 8 after plunging nearly 37% from its highs, leaving investors questioning whether the move marks recovery or a temporary pause.

Finance journalist at Grafa with years of experience covering Asia-Pacific financial markets at S&P Global, Mortgage Ezy, and GMA Network.
Bitcoin staged a tentative rebound to about $70,854 on February 8 after plunging nearly 37% from its highs, leaving investors questioning whether the move marks recovery or a temporary pause.
Olympio Metals (ASX:OLY) announced a breakthrough at its Bousquet Gold Project in Quebec, Canada, following a successful maiden soil sampling program.
Bhagwan Marine (ASX:BWN) entered into a binding agreement to acquire 100% of Riverside Marine.
PC Gold (ASX:PC2) has raised approximately $24 million through a single-tranche placement to fast-track its Spring Hill Project.
Bravura Solutions (ASX:BVS) has delivered a bullish update to its FY26 outlook, citing robust customer engagement and effective cost management.
Global financial powerhouse Revolut has surpassed the one million customer mark in Australia, signaling a tectonic shift in the nation's competitive payments landscape.
RXO (NYSE:RXO) reported a wider-than-expected fourth-quarter loss as a rapid tightening in the full-truckload market drove up costs faster than the company could pass them to customers.
Plains GP Holdings (NASDAQ:PAGP) reported a fourth-quarter profit that missed analyst estimates on both the top and bottom lines, as lower commodity prices and contract resets in the Permian Basin offset gains from recent pipeline acquisitions.
Ubiquiti (NYSE:UI) reported fiscal second-quarter results that blew past Wall Street estimates, fueled by a 40% surge in its enterprise networking business and significantly improved profit margins.
Hartford, Connecticut-based Virtus Investment Partners (NYSE:VRTS) today reported fourth-quarter earnings that exceeded Wall Street expectations on an adjusted basis.