PUMP’s market structure is being reshaped as a wallet linked to "77DsB…" offloaded 3.376 billion tokens worth about $7.23 million between the 17th and 21st of February, after earlier receiving 3.75 billion PUMP valued near $25.39 million. At the same time, revenue-funded buybacks have accumulated $297.829 million in PUMP purchases, retiring 25.062% of circulating supply and tightening the token float. Pump.fun still drives significant DeFi activity with $499.9 million in daily DEX volume and $3.15 million in 24-hour fees, even as Solana-native speculative flows and platform momentum show signs of cooling.

US spot Bitcoin ETFs have seen about $3.8 billion in outflows over the last five weeks, with net redemptions continuing through Feb. 20. Ether products recorded nearly $123 million in withdrawals across five consecutive weeks, while Solana funds drew roughly $14 million in inflows and XRP saw smaller additions. The pattern points to investor rotation from BTC and ETH toward select altcoins.

A March 1 deadline set by the White House to resolve the stablecoin rewards dispute linked to the US crypto market structure bill has drawn attention from altcoin investors. Prediction markets currently see a high probability of the Clarity Act becoming law in 2026, while Brad Garlinghouse expects a strong chance of passage by April. If a compromise on stablecoin yields is reached and the bill advances, clearer rules could boost institutional confidence and potentially fuel an altcoin rally.

XRP maintained the $1.35 support while broader majors showed hesitation, as exchange‑traded products tied to the token recorded $1.84 million in net inflows last week, according to SosoValue. Momentum gauges such as RSI and MACD turned higher, yet a clear move above $1.73 remains pivotal to validate a broader bullish reversal.

Economist Timothy Peterson said 50% of Bitcoin's past 24 months were positive and argued this implies an 88% chance the asset will be above its current level by December. BTC traded at $68,173 at publication, while Polymarket odds put November at 18% and December at 17% for 2026's best month, and the Fear & Greed Index registered 9.

On 20 February, Bitcoin rose 1.52% but still failed to clear $70k after a Supreme Court tariff ruling and a hotter PCE reading. Roughly 10 minutes before the U.S. Q4 GDP release, a whale-linked wallet moved $335 million in BTC; the print came at 1.4%, spotlighting fragile support.

On Feb. 20, the U.S. Supreme Court ruled that President Donald Trump's IEEPA-based tariff program was illegal, jeopardizing an estimated $133.5 billion to roughly $179 billion in collected duties. Depending on how quickly refunds are processed and whether they are funded from Treasury cash balances or new bill issuance, the resulting liquidity shifts and deficit optics could shape both Bitcoin's liquidity backdrop and its anti-fiat narrative.

According to Santiment, XRP's realized losses climbed to $1.93 billion in the latest week, marking the largest drawdown since late 2022. While this capitulation-style selling has previously coincided with market bottoms, analysts now split between bold upside scenarios and more cautious views, even as XRP trades around $1.44 and benefits from institutional initiatives such as on-chain bonds and stablecoin launches on its ledger.