In February, the crypto market posted its fifth consecutive red monthly close as search interest for "crypto" fell toward 2022 lows. About $1.96 trillion has exited the sector and Bitcoin dominance sits at 58.29%, pointing to fragile liquidity and a recovery setup that remains unconfirmed.

MemeCore fell 9.5% in the past 24 hours, with sentiment leaning bearish and its CoinMarketCap ranking under pressure. Spot volume shifted just 0.3% to roughly $5.82 million and holder counts dipped from 6,710 to 6,700, according to CoinMarketCap. CoinGlass flagged a 14.7% capital outflow and funding near neutral.

BlackRock's IBIT Spot Bitcoin ETF 13F filing revealed Laurore Ltd. as a new holder with a $436 million Bitcoin position, which Bitwise's Jeff Park links to Chinese investors using an offshore structure. While Hong Kong spot Bitcoin ETFs manage 3,870 BTC worth about $264.9 million, U.S. institutional spot ETF NAV totals 682,830 BTC valued at $54.49 billion, even after a 66.6% drop in AUM since Bitcoin's October 2025 peak. Institutional sentiment remains cautious as large holders continue selling, putting further pressure on Bitcoin's price outlook.

Bitcoin has failed to close above $70,500 for 12 straight days, signaling a firm resistance as sell pressure builds. Between Feb 2 and Feb 15, whales increased their share of deposits to Binance, while average spot order size holds near 915 BTC and exchange reserves rose by about 12,000 BTC, keeping downside risks elevated.

On 16 February, the number of XRP holders climbed to a record 507,110, even as the token traded around $1.50 after a 9% daily drop. Long-term and institutional investors maintained exposure, but derivatives data showed rising short interest, $245.7 million leaving perpetual markets, and a funding rate near 0.0101%, keeping downside pressure on price. XRP remains in a descending channel, with key levels around $1.67 on the upside and $1.11 if selling intensifies.

Aave's token rose 12% over the past 24 hours as deposits into the lending protocol increased by $589 million, lifting TVL to $27.797 billion. The move followed the "Aave Will Win" framework, which would route 100% of product and protocol revenue to the DAO treasury. However, according to CoinMarketCap, daily trading volume fell 23% to about $368 million, highlighting a potential divergence.

Bitcoin has retreated sharply from about $126,000 to roughly $68,000, with on-chain metrics indicating the asset is nearing an undervalued band. The MVRV ratio around 1.1, repeated ETF outflows, and subdued spot demand highlight persistent selling, while long-term holder behavior may determine whether this phase evolves into a broader recovery.

The memecoin market, valued at $29.51 billion against a $2.3 trillion crypto market, is being examined as a potential early indicator for Bitcoin and altcoin trends. Recent analysis highlights a perfect positive correlation between FLOKI and Bitcoin, alongside rising memecoin trading volumes and a growing stablecoin supply of $306.1 billion, suggesting shifting risk appetite.

According to AMBCrypto's analysis, Decred (DCR) fell 16% recently as investor sentiment weakened, with CoinMarketCap's Community Sentiment slipping from 74% to 71%. CoinGlass reported approximately $1 million in net outflows, while trading volume dropped 20% to $6.7 million, hinting at a fading downswing and a possible near-term recovery.