Bitcoin

Bitcoin is a new electronic payment system that removes the need for third party financial institutions. It speeds up transactions while reducing costs and minimizing the potential for fraud. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.

Bitcoin’s concept was first introduced in 2008 when a person going by the pseudonym Satoshi Nakamoto shared a white paper titled “Bitcoin: A Peer-to-Peer Electronic Cash System.” In January 2009, the Bitcoin blockchain was launched. 

A new electronic payment system called Bitcoin removes the need for third-party financial institutions. It speeds up transactions while reducing costs and fraud-risk. The name “cryptocurrency” points to how it uses “cryptographic proof” to work, AKA a blockchain.   

Bitcoin has a finite supply of 21 million, which is expected to be reached by the year 2140. Currently, 18.8 million are circulating in the market. Note that Bitcoin represents the concept of the network, while bitcoin (lower-case ‘b’) represents the currency.

Bitcoin is one of the most well-known cryptos as it was the first decentralized currency. 

Currently, BTC’s dominance is above 40%. Bitcoin Dominance is a measure of how much of the total market cap of crypto is made up of Bitcoin. Bitcoin’s influence in the crypto ecosystem could be vulnerable to competition as alternative coins grow in popularity and utility.

Bitcoin broke below the $63,000 support level as a broader Wall Street sell-off collided with mounting geopolitical tension. The decline follows renewed tariff threats from the U.S. President, fueling market-wide uncertainty and a retreat from risk assets. Sentiment Hits Historic Lows Bitcoin took a bruising on the morning of Feb.

Bitcoin Recovers $64K Support Following Multi-Asset Market Rout

Dogecoin

Ethereum

Bitcoin is attempting to stabilize near $65,000, but extreme fear and weakening technical signals suggest the market has yet to reach a traditional cycle bottom.

Bitcoin Below $65,000, Ethereum, XRP, Dogecoin Fail To Bounce Without Bottom Signals

Despite incredibly long odds, someone scored a $200K BTC block reward after spending just $75 to rent Bitcoin mining power.

Solo Bitcoin Miner Nabs $200K After Renting $75 Worth of Hash Power

Blockstream CEO Adam Back told CNBC that Bitcoin (CRYPTO: BTC) lacks downside support because retail investors are “all in” with no cash left to buy dips, explaining the 25% year-to-date decline. The ‘All In' Problem Back on Monday explained that Bitcoin's weakness during sell-offs stems from how retail investors hold the asset.

'Bitcoin Retail Investors Are All In' And That's Why There's No Floor, Blockstream CEO Says

Terra

Luna Classic (Former Terra)

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

The Daily: Analysts say full-blown bitcoin capitulation yet to come, Terraform Labs sues Jane Street over alleged insider trading, and more

Bitcoin Magazine Bitcoin Miner Canaan Acquires Cipher's Stake in Texas Mining Projects, Expands AI and Power Strategy Canaan (CAN) acquired Cipher Mining's 49% stake in three West Texas mining projects for $39.75 million in shares, giving Cipher a significant equity stake in Canaan. Bitcoin Miner Canaan Acquires Cipher's Stake in Texas Mining Projects, Expands AI and Power Strategy Micah Zimmerman.

Bitcoin Miner Canaan Acquires Cipher's Stake in Texas Mining Projects, Expands AI and Power Strategy

Bitcoin (CRYPTO: BTC) continues to trade in a tight consolidation band, leaving traders questioning whether downside pressure will persist or if a broader macro shift could ignite the next rally. The Regime Is Changing According to Wintermute Research, Bitcoin is consolidating between $64,000 and $67,000 after several failed attempts to reclaim the $70,000 level.

The Real Reason Why Bitcoin Can't Even Reclaim $70,000

Sellers are taking a breather as bitcoin's Fear & Greed Index plunged to levels never seen before.

Bitcoin retakes $64,000, crypto miners rally as AI-related software rout eases

Bitcoin Magazine Bitcoin Price Drifts Lower to $60,000 as Market Signals Wane, Traders Eye Support Levels The Bitcoin price has continued its multi-week correction, dipping below critical psychological and technical levels as traders weigh economic pressures. Bitcoin Price Drifts Lower to $60,000 as Market Signals Wane, Traders Eye Support Levels Micah Zimmerman.

Bitcoin Price Drifts Lower to $60,000 as Market Signals Wane, Traders Eye Support Levels

Bitcoin exchange-traded funds (ETFs) returned to outflows on Monday, Feb. 23, with a $204 million exit, while ether funds shed $49 million. Solana ETFs attracted fresh capital, and XRP ETFs saw no trading activity. Bitcoin, Ether Slide as Solana Attracts $8 Million The new week opened with a sharp shift in tone.

Crypto ETFs Turn Red Again Led by $204 Million Bitcoin Outflow

Veteran crypto fund manager Charles Edwards says Bitcoin's (CRYPTO: BTC) current slump is not what concerns him — but the quantum computing threat very much does. Why Bitcoin Must Upgrade Bitcoin has endured brutal downturns before, yet the Capriole Fund founder says this cycle feels different.

'I Am More Concerned Than Ever About Bitcoin's Future,' Says Veteran Fund Manager

I've been calling the bitcoin crash since the bubble hit $100,000, when I bailed. Now we are approaching the denouement of this cycle's bitcoin crash.

Bitcoin Crash Warning: Why My Scariest Chart Signals The Next Leg Down

Bitcoin (CRYPTO: BTC) is headed for its worst month since June 2022, with analyst James Check, arguing every indicator shows bottom formation even as BTC is down to the low $60,000s. The Worst Month Since Terra Collapse Bitcoin is on track for its steepest monthly drop since June 2022 when TerraUSD's implosion triggered the collapse of Three Arrows Capital and BlockFi.

Bitcoin Headed For Worst Month In 4 Years: 'Either It's Dead Or Dollar Cost Average From Here,' Analyst Says

Bitcoin Magazine Michigan Introduces Bill to Allow State Employees to Be Paid in Bitcoin Michigan introduced legislation that would allow classified state civil service employees to receive their wages in Bitcoin. Michigan Introduces Bill to Allow State Employees to Be Paid in Bitcoin Micah Zimmerman.

Michigan Introduces Bill to Allow State Employees to Be Paid in Bitcoin

Bitcoin dropped below the $63,000 mark overnight, falling more than 50% from its October peak as traders project a further dip ahead.

Bitcoin Traders Expect More Pain Ahead After BTC Falls 50% From Peak

Analysts warn the bitcoin market is vulnerable to a deeper flush amid ETF outflows, miner selling and macro shocks.

Bitcoin vulnerable to ‘massive flush' toward $55,000 as capital outflows accelerate, analysts warn

This week, as bitcoin slipped 7.5% against the U.S. dollar, the Crypto Fear and Greed Index printed a jaw-dropping 5 out of 100 — a record low that screams extreme fear across crypto sentiment.

Crypto Fear Index Craters to Historic Low as Bitcoin RSI Nears Levels Seen Only in Major Collapses

The bitcoin price has dropped toward $60,000 per bitcoin, falling sharply over the last 24 hours as a sell-off suddenly accelerates

‘Critical' Bitcoin Price Crash Warning Sparks Serious ‘Violent Cascading Liquidations' Prediction

George Noble, who ran the number one mutual fund in America at Fidelity Investments in 1985 returning 79%, went on Steve Eisman's Real Eisman Playbook podcast and didn't hold back. Noble is bearish on Tesla (NASDAQ:TSLA) and Bitcoin (CRYPTO: BTC), while Eisman disclosed he is short Strategy (NASDAQ:MSTR).

'Michael Saylor Should Be In Jail' And 'Bitcoin Is For Boomers' Says Ex-Fidelity Star, Who Also Has A Contrarian Take On Tesla

The indicator last printed positive on Jan. 15. Its failure to fully recover after a Feb. 5 rebound suggests U.S. demand remains structurally absent rather than temporarily paused.

Bitcoin's U.S. demand signal turns negative for a record 40 days

Bitcoin is trading at $62,693 on Feb. 24, 2026, at 9 a.m. EST, clinging to a critical support band as bearish structure dominates across multiple time frames. Momentum metrics and moving averages suggest the path of least resistance remains lower, unless bulls can reclaim key resistance with conviction.

News for Bitcoin Crypto (BTC)