Bitcoin stays pinned below $70K as BTC’s negative funding rate flashes warning sign

CoinTelegraph
by Marcel Pechman
February 17, 2026
Bitcoin’s negative funding rate and a cooling tech sector in the US add pressure to markets and contribute to BTC failing to trade above $70,000. Key takeaways: Bitcoin’s futures funding rates briefly turned negative, signaling that bullish traders currently lack the conviction to use leverage. Uncertainty regarding the long-term profitability of artificial intelligence has pushed investors toward gold and US government bonds. Read more
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Originally published on CoinTelegraph on 2/17/2026