M2 money supply reached an all-time high, marking a record level. The message also included the line "Buy Bitcoin. Prepare accordingly" alongside the record-high remark.

Bitcoin slid toward $66,000 and traded around $67,000 as traders reassessed risk, with on-chain data showing underwater positions near current levels turning rallies into derisking opportunities rather than dip-buying chances, a report said. The report noted that losses in the mid-$60,000s serve as a key checkpoint, keeping upside limited and prompting cautious portfolio management with tighter position sizing and stop levels. A popular analyst warned the current setup could precede a major crash and deeper correction, leading traders and institutions to apply stricter risk controls while watching whether Bitcoin can regain upward momentum.

Bitcoin's SOPR ratio stands at 0.9, indicating most selling pressure comes from short-term holders. The metric shows selling remains concentrated among this cohort.

Bitcoin's Lightning Network processed $1.1 billion in transactions in November, up from $286.5 million in the same period in 2024, Bitcoin brokerage River data show. Lightning transactions at Amboss have risen 300% since January, with the average transaction size now around 74,000 sats, valued at about $50 at a Bitcoin price of $67,714, cofounder Jesse Shrader said. Market participants told DL News that Lightning is increasingly used for larger transfers and settlement between exchanges and businesses, highlighted by a $1 million transaction facilitated by Kraken and integrations by Cash App and Block's Square payment terminals. Shrader noted that higher costs on networks such as Tron for sending USDT, alongside Lightning's lower fees and greater privacy compared with standard Bitcoin transactions, may be supporting the rise in Lightning Network volume.

Bitcoin (BTC) is trading around $65,700, nearly 48% below its all-time high of $126,000, after the U.S. producer price index (PPI) for January 2026 exceeded forecasts, U.S. Bureau of Labor Statistics data show. Headline PPI rose 0.5% month-over-month versus a 0.3% forecast, while core PPI jumped 0.8%, with annual headline PPI at 2.9% and core wholesale prices at 3.6%. Within 45 minutes of the release, Bitcoin slipped roughly 1% as traders weighed the risk that hotter inflation readings may prompt the Fed to maintain higher interest rates. CME Group commentary notes that a stronger PPI print can shift Fed expectations, potentially tightening financial conditions and adding pressure to crypto prices through rising Treasury yields and a firmer U.S. dollar.

Bitcoin has historically reached market bottoms roughly 23 months after setting a previous all-time high, according to market commentary. The current point in the cycle is now around 23 months from the last ATH, highlighting this timing pattern in Bitcoin's price history.

Citibank will launch a Bitcoin custody solution for institutional clients in 2026, integrating digital assets into its core banking infrastructure, BlockBeats reports. Nisha Surendran, head of digital asset custody, disclosed the plan on Feb. 27 at an industry event, stating the service will feature institutional-grade custody with key management and wallet systems, 24/7 operations, SWIFT messaging and API integration, and extend tax reporting, compliance management and risk controls to Bitcoin holdings so institutions can manage them like stocks or bonds. Citi, which oversees approximately $30 trillion in assets, intends to launch core custody first, followed by advanced offerings such as asset segregation and collateral management. Industry experts say the initiative could encourage more traditional capital allocation to Bitcoin, while cautioning that regulatory evolution and cybersecurity remain important hurdles.

U.S. spot Bitcoin ETFs recorded $254.4 million in net inflows on February 26, with BlackRock's IBIT taking in $275.8 million while outflows from Fidelity's FBTC ($51.5 million) and ARK's ARKB ($44.9 million) partially offset gains. Over three trading sessions, spot Bitcoin ETFs accumulated $1.02 billion in net inflows, with Wednesday alone accounting for $506.51 million and flow activity concentrated in IBIT. Ethereum ETFs recorded $6.6 million in net inflows on February 26, led by BlackRock's ETHA with $15.3 million while Fidelity's FETH posted $19.2 million in outflows; Solana ETFs added $0.5 million, and over the three-day period Ether products accumulated about $173 million and Solana funds roughly $35 million. Spot XRP ETFs logged 848.59K XRP in net inflows, driven by Canary's XRPG with 520.27K XRP and Bitwise's product with 328.32K XRP.