Bitcoin climbed back above $66,000, touching $66,300 before consolidating, according to TradingView. The move on Feb. 25, 2026 sparked debate over claims of a Jane Street 10am ET sell program, which the firm dismissed, while traders flagged thin order books and $333 million in 24-hour liquidations with $213 million from shorts.

On Tuesday, CryptoQuant analyst "Darkfost" said Bitcoin is nearing the long-term holder cost basis around $38,900, with LTH profits averaging about 74% and narrowing. Glassnode also noted the 90-day Realized Profit/Loss Ratio dropped below 1, while early Wednesday in Asia BTC briefly rebounded $2,000 to $66,000 amid broader bearish signals.

On 25 February 2026, cryptocurrencies advanced, lifting total market capitalization to about $2.25 trillion, up roughly 2.6% for the day. Bitcoin hovered near $65,000 with a 24-hour gain of about 3%, while sentiment stayed fragile as the Fear & Greed Index printed 11 and the Altcoin Season Index read 37.

Bitcoin adoption accelerated in 2025 across institutions, banks, merchants, public companies, and nation-states, even as BTC remains 50% below its October peak. Institutions amassed 829,000 BTC, U.S. merchant acceptance tripled, global usage rose 74%, and Lightning payments jumped 300% with over $1.1 billion in monthly volume.

Bitcoin traded in a tight band on Monday after a volatile week, with its price down nearly 6% over the past seven days while broader crypto markets saw heavy selling. Several analysts highlighted a possible bullish triple-bottom scenario linked to Bitcoin’s strong correlation with a BlackRock tech ETF, as well as extreme fear readings and compressed price action between roughly $67,000 and $68,000. Bitcoin was changing hands at $65,346 at press time, up 3.0% in the past 24 hours.

Bitcoin (BTC) moved above $66,000 after US equities closed higher, with the Dow up 370 points and the S&P 500 rising 0.77%. Analysts emphasized reclaiming the former $65,000 support and defending $60,000, while Material Indicators flagged a $4.5 million spot buy by "mega whales".

On 24 February 2026, Bitcoin slipped under the key $63,000 mark while spot Bitcoin ETFs logged six straight weeks of net outflows. Investors pulled $203.8 million from these products on 23 February alone, with BlackRock's IBIT driving more than half of the day's redemptions as Bitcoin trades well below its October 2025 peak.

According to analyst Ali Martinez, Bitcoin's 3-day chart is close to forming a death cross between the 50-day and 200-day simple moving averages, a pattern that previously appeared in 2014, 2018, and 2022 before major drawdowns of more than 45%. The analyst estimates that, if current trajectories hold, this crossover could occur on February 27 and potentially mark the final downward phase of the ongoing bear market cycle, while Bitcoin now trades near $63,300 amid a realized loss regime on-chain.