On 24 February 2026, Emirates NBD, the UAE’s second-largest bank, described Bitcoin as "digital gold" and a long-term store of value while enabling in-app crypto trading and institutional custody. The bank is evaluating whether to add Bitcoin to its own portfolio, aligning with the UAE’s broader regulatory and tax framework that supports digital asset adoption. This shift comes as the country records tens of billions of dollars in annual crypto inflows and strengthens its position as a regional hub for virtual assets.

On Monday, Glassnode flagged that Bitcoin's 90‑day realized profit/loss ratio fell below 1, indicating traders are selling at a loss for the first time since 2022. Similar signals preceded declines of about 25% in 2022 and over 50% in 2018. MVRV pricing bands place an extreme-low zone near $43,760 as of February if weakness persists.

On a recent Tuesday, Bitcoin briefly slid to $62,700 after a 5% drop, while on-chain data showed capital flowing out of the network and aging supply. Realized Cap has fallen for a second month, and coins last moved 3–6 months ago now represent about 26% of supply, signaling weak new buyer activity. Analysts also point to a potential death cross on the three-day chart projected for late February 2025, echoing patterns seen before prior bear market capitulations.

United Kingdom-listed Bitcoin treasury firm Smarter Web has obtained a $30 million Bitcoin-backed credit facility from Coinbase Credit, secured by BTC held in Coinbase custody. The company plans to use the line to bridge equity settlement periods and accelerate Bitcoin purchases after fundraises, rather than as long-term debt financing.

Bitcoin’s pullback has revived debate over downside risk, with estimates placing a 25% chance of a drop below $50,000 from near $63,000. Additional probabilities include 60% for a break under $60,000 and 45% for slipping beneath $55,000, while 40% suggests holding above $60,000 in the near term. At press time, BTC traded at $63,048.

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 24, 2026, Finbold said addresses with at least $1 million in Bitcoin fell by 20,564 (15.68%) since January 1, sliding from 131,125 to 110,561. The drop comes as BTC has retreated roughly 50% from its early October 2025 peak above $125,000 and as 2026 erased $800 billion from crypto, including $510 billion from Bitcoin.

On February 23, 2026, the Coinbase Bitcoin premium moved back above zero after spending most of the month negative since heavy selling on February 6. Market data showed BTC around $66,150 on Binance futures with a 0.40% hourly uptick, while spot was near $65,070 and down roughly 3% for the day.