On February 27, on-chain data firm Santiment reported a sharp increase in $100,000-plus whale transfers on Bitcoin, Ethereum, Tether, and XRP networks ahead of the March 1 internal U.S. deadline linked to Clarity Act negotiations. Large holders appear to be repositioning around this potential regulatory turning point, which analysts say could trigger significant volatility regardless of how the legislation progresses.

Bitcoin is registering a familiar bottom signal as the supply-in-profit/loss ratio returns to zones seen at past capitulations. Analysts differ on the path ahead: Willy Woo cites weak spot and futures liquidity and maps outcomes from a typical floor near $45,000 to stress-driven $30,000, with $16,000 only under severe macro shifts. BTC trades at $65,928.14, down 1.7% daily and 26.3% over the past month.

On February 25, Wikipedia co‑founder Jimmy Wales said on X that Bitcoin will likely persist thanks to its decentralized design but may fail as money. He argued only catastrophic failures could threaten the network and suggested its long‑run price could slide below $10,000 by 2050, leaving BTC a niche tool rather than dominant money.

Indiana’s legislature has passed House Enrolled Act 1042, a Bitcoin-focused bill that would safeguard self-custody, node operation, and peer-to-peer transactions while addressing perceived discriminatory taxation of crypto. The measure would also require state pension boards to provide at least one cryptocurrency investment option via a self-directed brokerage structure if it receives the governor’s signature.

According to Google Trends, global searches for "how to buy Bitcoin" have climbed to their highest point in five years, signaling a renewed wave of curiosity from retail users. The rise in beginner-focused queries follows a recent spike in searches for "Bitcoin going to zero," highlighting mixed sentiment around BTC. Bitcoin is trading at $68,301.76, up 4.2% on the day and 2% over the past week, while remaining down 22.4% for the month.

A solo Bitcoin miner independently solved a full block on February 25, receiving a payout of 3.128 BTC valued at roughly $197,000. On-chain data shows that the reward combined the standard block subsidy with a smaller portion of transaction fees, underscoring how rare it is for an individual miner to compete with large pools. The event follows a similar solo mining windfall earlier in the month, highlighting Bitcoin’s probabilistic and permissionless mining design.

Ethereum appears to be repeating a bearish pennant breakdown pattern highlighted on February 24, with the latest move projecting a possible price target slightly above $1,000. The first pennant previously broke lower toward around $1,735, and the current structure has also moved to the downside while ETH trades near $1,822.52 with notable recent losses.

On February 24, chart data shared by Bitcoinsensus showed the BTC-to-gold ratio sliding into a long-standing support area. The ratio has revisited levels last seen in March 2023 and sits under 25% above its 2022 bear market lows. Bitcoin traded at $63,020.77, down 5% daily and 7.1% weekly, per CoinGecko.

On February 23, analyst Zach Rector said on YouTube that XRP may be nearing a capitulation phase, citing rising fear, realized-loss spikes, and stronger XRP Ledger activity. He noted daily successful transactions have climbed about 40% toward 2.5 million, while XRP trades near $1.38 and remains under pressure in recent performance metrics.