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Glassnode data shows a 43% surge in supply clustered in the $60K to $70K range following bitcoin’s 50% decline from its October all time high.
Your day-ahead look for Feb. 24, 2026
Michael Saylor compared bitcoin’s 45% drawdown to Apple’s 2013 slump, arguing that enduring deep corrections is part of every successful technology investment.
Bitcoin dropped to $63,000 as the dollar climbed and equities weakened. A break below $60,000 risks further liquidations and a slide toward $52,500.
Panic selling by short-term holders, combined with the RSI near record lows, suggests that BTC could be transitioning into a full capitulation regime.
The bill would allow Arizona to hold Bitcoin, XRP, Digibyte, stablecoins, and NFTs in a state-managed crypto reserve.
Bitcoin ETF investors have recorded sustained outflows this year, but EMJ Capital’s Eric Jackson argues a longer-term institutional buyer base could emerge.
The tumbling crypto market still largely reflects a leverage flush-out rather than a full-blown capitulation, one analyst noted.
CME’s shift to nonstop derivatives access may accelerate institutional migration away from traditional crypto exchanges, according to the Chief Commercial Officer of XBTO.
Analysts warn that bitcoin's prolonged failure to break above its current range is tilting the technical outlook toward the bears.
Bitcoin extends overnight weakness amid renewed concerns over President Trump's tariffs.
The deal was funded through the issuance of Canaan shares valued at roughly $39.75 million, making Cipher a significant shareholder.
