Daily Washington Insider
  • Business
  • World
  • Science
  • Investing

Daily Washington Insider

  • Business
  • World
  • Science
  • Investing
Investing

Crypto Market Update: Bitcoin Price Retreats Again After Mid-week Rise

by admin February 28, 2026
February 28, 2026
Crypto Market Update: Bitcoin Price Retreats Again After Mid-week Rise

Here’s a quick recap of the crypto landscape for Friday (February 25) as of 1:30 p.m. UTC.

Get the latest insights on Bitcoin, Ether and altcoins, along with a round-up of key cryptocurrency market news.

Bitcoin (BTC) was priced at US$65,260.11, down by 3,6 percent over the last 24 hours.

Bitcoin price performance, February 27, 2026.

Chart via TradingView.

A US$8.9 billion crypto options expiry drove “extreme fear” in the market today, with price manipulation and re-hedging resulting in volatility. Bitcoin fell below the US$66,000 support level after a corrective rebound earlier in the week lost momentum, reflecting the fragility of the balance between risk appetite and available liquidity in global markets.

According to XS.com senior market analyst, Rania Gule, Bitcoin’s swift pullback suggests the recent uptick was merely a technical bounce within a more complex macro environment, rather than the beginning of a sustainable bullish wave.

“In the near term, I expect Bitcoin to remain within a broad range between US$64,000 and US$70,000, with a slight bearish bias if geopolitical pressures persist and equity market momentum weakens,’ she said.

Ether (ETH) was priced at US$1,917.34, down by 5.5 percent over the last 24 hours.

Altcoin price update

  • XRP (XRP) was priced at US$1.35, down by 3.7 percent over 24 hours.
  • Solana (SOL) was trading at US$81.42, down by 5.5 percent over 24 hours.

Today’s crypto news to know

Vitalik Buterin sells US$43 million in ETH

Ethereum co-founder Vitalik Buterin sold approximately 17,000 ETH worth approximately US$43 million at the time of sale, to fund privacy and security initiatives.

Marathon partners with Starwood on AI data center

Shares of Bitcoin miner Marathon Digital Holdings (NASDAQ:MARA) surged after the company announced a partnership with Starwood Capital Group, a leading global private investment firm focused on real estate, to build data centers for the artificial intelligence (AI) sector).

In a Wednesday (February 25) blog post, Zach Pandl, Grayscale’s head of research, called the relationship between AI and blockchain “complementary from a fundamental standpoint.”

Securities Disclosure: I, Meagen Seatter, hold no direct investment interest in any company mentioned in this article.

Securities Disclosure: I, Giann Liguid, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
55 North Mining Announces Closing of Flow-Through Financing
next post
Crypto Market Update: Bitcoin Pumps, Could Still Have Room to Run

You may also like

Crypto Market Update: XRP and Solana ETFs Gain...

January 1, 2026

Coinbase Expands USDC Rewards to Canada

September 17, 2025

$14M Placement to Fund Acquisition & Exploration

September 17, 2025

South Star Battery Metals Announces 2023 Year in...

April 4, 2024

WPIC: Platinum to Hit Third Annual Deficit as...

September 12, 2025

Rio Tinto to Acquire Arcadium for US$6.7 Billion...

October 10, 2024

CHARBONE Hydrogene annonce la cloture d’une deuxieme et...

October 6, 2025

Tech Weekly: CES Announcements Reignite Memory Shortage Concerns

January 11, 2026

Westgold Strategic Alliance and Placement

May 31, 2024

Lahontan Gold Corp.

September 19, 2025

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Popular

    • 1

      Hong Kong plans to install thousands of surveillance cameras. Critics say it’s...

    • 2

      UN experts urge Thailand not to deport dozens of Uyghurs to China where they face ‘real risk of torture’

    • 3

      Trump has assembled a team of China hawks. How will Beijing respond?

    • 4

      China executes man who plowed car into crowds in deadliest attack in a decade

    • 5

      How Calvin Klein and Tommy Hilfiger got caught in Trump’s trade war with China

    Categories

    • Business (1,389)
    • Investing (4,730)
    • Science (605)
    • World (3,677)
    Footer Logo

    Disclaimer: dailywashingtoninsider.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 dailywashingtoninsider.com | All Rights Reserved