The cryptocurrency market suffered a pointy downturn on February 26, 2025, pushed by macroeconomic pressures, together with U.S. commerce coverage developments and widespread liquidations.
Bitcoin (BTC) plunged to an intraday low of $82,300 earlier than recovering barely to $85,679 (R$514,074). This marked a 4.9% drop in 24 hours. Ethereum (ETH) adopted swimsuit, falling 7.1% to $2,317 (R$13,902, $2,317), whereas the worldwide crypto market cap declined by 4.2% to $2.81 trillion.
Market sentiment turned unfavorable after U.S. President Donald Trump introduced a 25% tariff on European Union imports, compounding fears from earlier tariffs on Canada and Mexico.
This coverage shift triggered risk-off sentiment throughout international markets, with cryptocurrencies bearing the brunt. Vikram Subburaj, CEO of Giottus, famous that over 157,000 leveraged merchants had been liquidated within the final 24 hours, totaling $766 million in losses.
Spot Bitcoin ETFs additionally noticed outflows of $336 million (R$2 billion, $336 million), additional pressuring costs. Bitcoin’s decline erased key help ranges established earlier in February.
Analysts pointed to technical breakdowns as BTC breached its 50-day shifting common and annual VWAP ranges. Ethereum additionally confronted vital promoting strain, with liquidations amounting to $126 million (R$756 million, $126 million).
Crypto Market Faces Volatility
XRP dropped to $2.18 (R$13.08, $2.18), persevering with its downward development amid regulatory uncertainty and declining futures open curiosity. Solana (SOL) skilled one of many steepest declines amongst main altcoins, falling over 20% in every week to commerce at $137 (R$822, $137).
Switch quantity for Solana collapsed by 99%, from $1.99 billion (R$11.94 billion, $1.99 billion) to simply $14.5 million (R$87 million, $14.5 million), signaling waning investor confidence. Analysts predict SOL could consolidate between $130 (R$780, $130) and $150 (R$900, $150) if help holds.
Regardless of the bearish development, Litecoin (LTC) confirmed resilience with a 5.78% achieve over the previous day, buying and selling at $124.85 (R$749.10, $124.85). Analysts attributed this efficiency to bullish technical indicators and elevated retail curiosity.
Because the Crypto Concern & Greed Index plunged to “Excessive Concern” at 10/100—its lowest since June 2022—market individuals grew anxious. They’re now bracing for additional volatility.
Consultants counsel that Bitcoin should reclaim the $90K stage to revive bullish momentum. In any other case, it dangers testing the crucial $80K help zone within the coming days.