Feb 8, 2026

Bitcoin bears could sleepwalk into a $8.65 billion trap as options max pain expiry nears $90,000

Bitcoin’s next big options gravity well sits on Mar. 27 (260327), and the reason is simple: this is where the market has parked a thick stack of conditional bets that will need to be unwound, rolled forward, or paid out as the clock runs down. The Mar.

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Rap Star Drake Uses Stake to Wager $1M in Bitcoin on Patriots Despite Super Bowl LX Odds

Drake has never been shy about betting big, but on the eve of Super Bowl LX, the global music star took it up another notch by placing a $1 million wager on the New England Patriots—despite the majority of betting markets lining up against them.

February 8, 2026, 8:00 pm
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Bitcoin ETF flow numbers are fundamentally broken and most traders are missing the specific sign of a crash

On Jan.30, 2026, US spot Bitcoin ETFs saw $509.7 million in net outflows, which looks like pretty straightforward negative sentiment until you look at the individual tickers and realize a few of them stayed green. That contradiction aged fast over the next few days. Feb.

February 8, 2026, 7:31 pm
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BlackRock’s IBIT Draws In $231M As Bitcoin ETFs Close Week Positively — Details

After a chaotic week for the cryptocurrency market, the US-based Bitcoin ETFs (exchange-traded funds) saw significant capital inflows on Friday, February 6. As the flagship cryptocurrency and the rest of the market suffered huge declines, the BTC-linked exchange-traded products also posted substantial withdrawals during the week.

BTC Exchange Price

$71,036.00  +2.32%

$68,886.00 Low High $71,455.00

$1.42T Market Cap

$40.00B Total Volume (2.82%)

$126,080 All Time High -43.66%

until new daily candle