Crypto Market Weekly Wrap-Up: Binance Buys $1 Billion in Bitcoin, Inflation Subsides but Prices Fail to Recover

Although the price of Bitcoin and most alternative digital currencies has rebounded from the sharp losses recorded last weekend, the market performance over the past seven days has remained relatively weak, and prices are still far from the peak in the fourth quarter of 2025.

The latest decline peaked on February 6, when Bitcoin’s price fell to $60,000 for the first time in more than a year, while many alternative digital currencies have seen daily losses between 20% and 30%. However, Bitcoin prices rebounded strongly on the day, rising by around $12,000 to reach $72,000, one of the strongest single-day rebound attempts.

This rebound did not last long, and the downward trend soon returned, with the price falling to 68,000 over the weekend.

The next few days saw the price trade within a horizontal range between $68,000 and $72,000 before the price encountered fresh rejection at the upper boundary, leading to another decline towards $66,000 on Wednesday and $65,000 on Thursday.

Although lower-than-expected inflation data from the United States temporarily pushed the price of Bitcoin to $67,600, the upward momentum was not maintained and the price returned to stabilizing around $66,000-67,000, which is very close to last week’s levels.

On the other hand, the performance of alternative digital currencies has been significantly different. XRP, BNB, SOL, HYPE and other currencies fell sharply, while BCH, XMR and HBAR achieved an increase of approximately 9.5%.

In terms of news, the most notable news of the weekend was Binance moving the entire $1 billion SAFU fund into Bitcoin by purchasing approximately 15,000 Bitcoins over the course of a few weeks.

The cooperation between Uniswap and BlackRock also attracted attention after the listing of the BUIDL fund, causing the price of UNI to rise significantly.

Meanwhile, the dispute between banks and the crypto industry over stablecoin returns continues, while Robinhood announced the launch of its own second-tier network.

A major miner also sold more than $300 million worth of Bitcoin amid pressure from declining profitability, while Robert Kiyosaki reiterated his claim that Bitcoin is a better investment than gold due to its scarcity.

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