2026-02-23 01:20:25

BTC downed to $65k again!!!

The crypto market remains in a sharp downturn as of February 23, 2026. Bitcoin is trading around **$65,400–$67,000** (down ~3–4% in the last 24 hours, per CoinMarketCap/CoinGecko data), sitting roughly **-48%** from its October 2025 all-time high near $126K and down over 25% YTD. Ethereum hovers near **$1,950–$1,970**, off ~1–2% daily and significantly lower from prior levels.

Total market cap has shrunk to about **$2.27–$2.32 trillion** (down ~3% recently), erasing trillions since late-2025 peaks around $4.4T—a brutal 45–47% drawdown.

This ongoing crash stems from post-October flash crash deleveraging (tariff shocks, liquidations), persistent risk-off sentiment, miner sales, extreme fear (F&G ~14), heavy ETF outflows, and macro headwinds like delayed rate cuts. No full capitulation yet—it's orderly pain flushing leverage after 2025 hype.

Still, cycles show extreme fear often marks accumulation zones for rebounds. Fundamentals (adoption, narratives) hold; smart money buys dips quietly.

Discipline key: DCA quality coins, skip leverage, hold through volatility. History favors patience here.
#BuyTheDipOrWaitNow?
$BTC ‌

BTC-3.94%

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