
Die Marktkapitalisierung von Bitcoin fiel auf 1,31 Billionen US-Dollar und rutschte weltweit auf Platz 15 ab, da die Preise unter 65.000 US-Dollar fielen, was zu steigenden Baisse-Wetten auf Polymarket führte.

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Die Marktkapitalisierung von Bitcoin fiel auf 1,31 Billionen US-Dollar und rutschte weltweit auf Platz 15 ab, da die Preise unter 65.000 US-Dollar fielen, was zu steigenden Baisse-Wetten auf Polymarket führte.
Bitcoin’s price slide gathered momentum on Tuesday, with fresh losses to under $63,000 as the cryptocurrency’s vulnerability to macroeconomic pressures and global uncertainties continued.
Trading volume surged 25% as investors reacted to a confluence of events, and top altcoins followed suit.
Bitcoin extended its losses to lows of $62,700 on Tuesday, bringing total declines to nearly 29% in the past month.
The benchmark digital asset’s latest dump comes amid mounting concerns over President Trump’s latest tariffs, with investor jitters rippling through the crypto market.
Analysts have noted that these trade policies heighten fears of inflation, trade instability, and reduced global liquidity.
Risk assets like cryptocurrencies are under pressure, and escalating geopolitical tensions surrounding potential US strikes on Iran add to this weakness.
BTC’s struggle mirrors traditional stock indices, which also tumbled after Citrini research sparked a sell out in companies that work in delivery and payments with software stocks also falling on Monday.
Meanwhile, on-chain data shows Bitcoin continues to confront huge ETF outflows, with investors pulling capital from investment products across the market.
According to Farside Investors’ data, Bitcoin ETFs saw $203.8 million worth of outflow on Monday.
These factors have outweighed Strategy’s 100th Bitcoin purchase and have failed to stem the downside.
BTC traded at $63,030 at the time of writing, down 2.4% in the past 24 hours.
The top cryptocurrency is down 7% from last week’s peak near $68k.
This dip thrusts the pivotal $60,000 support level into sharp focus.
Bears have already tested this psychological and technical floor, with BTC rebounding off the level following the February 5 crash.
Analysts warn that further short-term pain could allow for a potential revisit to $50,000.
If selling accelerates, lower support levels will come into play.
However, chart patterns suggest Bitcoin could find a bottom as the 50-week moving average crosses below the 100-week average. Price recovery has historically followed such patterns.

At the moment, the chart indicates no such cross has occurred, and prices will likely head lower.
However, extreme oversold conditions suggest a potential sharp rebound is next.
Bullish catalysts, including macro shifts and ETF inflows, can change the direction of Bitcoin.
The $70,000 mark remains key, with a breakout likely to accelerate short-term recovery.
“For a durable breakout to materialise, the market will require a clear resurgence in spot demand and stronger institutional participation; until then, Bitcoin is likely to remain range-bound within its established absorption zone,” analysts at Bitfinex wrote in a research note.
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Polygon (POL), formerly MATIC, has stabilized above the $0.10 support level despite ongoing market volatility.
As macroeconomic and geopolitical headwinds pressure Bitcoin and Ethereum prices lower, POL is showing great resilience.
The token has gained in the past 24 hours and trends among top performers on the day, outpacing several of its layer 2 peers. Can bulls reclaim key levels and push higher despite overall market weakness?
POL’s uptick today includes a notable rise to intraday highs above $0.11. The token revisited prices around $0.10 but showed resilience amid its bounce from under the psychological level.
Bitcoin’s dip to $65k looks to have allowed for some capital rotation into small cap tokens, including POL.
While this looks to be a plausible reason for the bounce, Polygon’s upward move largely stems from recent momentum, helped by robust stablecoin volume and deflationary dynamics.
The L2 has seen a huge leap in terms of USDC transactions on the network, leading to Ethereum scaling solutions.
.@USDC activity is exploding on Polygon
(#1 chain for transactions) pic.twitter.com/76xh4jenGP
— Polygon | POL (@0xPolygon) February 13, 2026
DeFiLlama data shows the stablecoin market cap on Polygon stood at around $3.26 billion at the time of writing.
Analysts have noted that more than 100 million POL tokens have been burned on the Polygon network.
The token burn means a cut in circulating supply and potential upward price pressure.
In the past 30 days, about 32.6 million POL have been burned, slashing net issuance.
“Every transaction on Polygon generates fees,” the team wrote on X. “ From each fee: base fees are burned and priority fees are shared among validators, block producers, and stakers.”
The more activity there is, the more fees generated and the more POL burned and permanently removed from circulation. The token’s price could strengthen long-term amid this move.
Polygon price appears to be riding the above bullish catalysts.
Trading volume rose more than 30% in the past 24 hours on Monday, hitting over $84 million.
In terms of short-term price forecast, POL currently eyes resistance at $0.12. This aligns with the horizontal hurdle of an ascending triangle pattern, and points to a potential uptick to highs of $0.30.
If bulls strengthen above $0.14 and decisively breach $0.20, continuation amid broader market gains will help galvanize this trajectory.
A breakdown of a similar outlook however, saw Polygon’s token plummet to recent lows. In this case, rejection at $0.12 or $0.14 could fuel further declines, with bears likely to eye $0.09 as the initial target.
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Toncoin (TON) is demonstrating resilience as a challenging crypto market sees several altcoins slump to new lows.
The token trades around $1.37 with a modest 4% gain in 24 hours, and it’s seeing a notable surge in trading volume.
The total value locked is also up and highlights a potential strength that could embolden bulls and allow them to target the $2.00 mark.
Toncoin’s bullish outlook, however, could be tempered by the broader sentiment across major cryptocurrencies.
Bitcoin, which trades around $65,800 as bulls struggle with macro headwinds, highlights the bearish dangers.
Toncoin’s intraday gains to $1.37 buck the trend that saw BTC dip to under $65k before posting a slight recovery.
Other coins, including Ethereum, BNB and XRP, have notched downward moves amid growing negative sentiment in an increasingly risk-averse environment.
The 25% spike in daily trading volume to $80 million reflects the cryptocurrency’s likely upward strength.
Buyers have also bumped up open interest in TON, currently at $182 million.
While long positions account for nearly 70% of the “rekt” value in the past 24 hours, data shows more shorts have been liquidated in the past 12 hours.
Additionally, TON’s Total Value Locked (TVL) in DeFi protocols has climbed to $165 million.
The global defi TVL stood at $204 billion at the time of writing, but was less than 0.7% up in the past 24 hours.
In comparison, TON had its TVL up by nearly 2% to signal increased interest in protocols on The Open Network.
Meanwhile, the stablecoin market cap on TON has also risen to $941 million, with USDT dominance at 79%.
These metrics suggest capital rotation into TON, rather than gains being driven by broad speculation.
Toncoin approaches a pivotal technical juncture on the daily chart. Gains to intraday highs have bulls testing resistance from a descending trendline that has capped upside since late 2025.

A successful breakout could allow bulls to target the 50-day EMA. This hurdle currently sits near $1.48, a level aligning with recent consolidation zones and a key resistance line since Dec. 2024.
If the supply zone paves the way amid overall bullish sentiment, momentum could drive TON toward the 200-day EMA around $2.0.
This outlook might strengthen if neutral RSI readings near 43 flip higher and the daily MACD invalidates the bearish hint.
However, Bitcoin’s ongoing selloff pressure amid deleveraging and ETF outflows might pose a downward risk for the token.
Currently, macroeconomic headwinds have dragged BTC back to the $65k area.
A similar outlook for TON could bring the $1.12 support level into view.
The post Toncoin price gains amid volume spike: is $2 next for TON? appeared first on CoinJournal.
Ethereum price is struggling to break above $2,000 as losses seen over the weekend extend into early US trading hours on Monday.
Bitcoin fell to below $65,000, ETH dropped to $1,848, and Solana pared gains to under $80.
The sell-off across crypto has accelerated in recent weeks amid negative sentiment, resulting in huge capital outflows from crypto-related investment products.
Downside pressure for BTC has cascaded into top altcoins, and the latest down move for ETH coincides with losses for US equity futures ahead of opening on Monday, February 23, 2026.
Risk-off sentiment has flared after an initial risk-on outlook hit markets amid the US Supreme Court’s decision on President Donald Trump’s tariffs.
The dump for top coins alludes to overall weakness, and one indicator of this trajectory is the fifth consecutive week of net outflows from digital asset investment products.
Ethereum hit over $36 million in weekly outflows last week, bringing month-to-date flows to -$117 million and year-to-date flows to over $494 million.
That marked a fifth consecutive week of outflows and coincides with ETH struggling to decisively breach the $2k level.
ETH’s slump below $2k aligns with institutional selling and macro and geopolitical risks.
According to analysts at QCP, investors have priced in new tariff risks as well as geopolitical tensions, and ETH has shown weakness similar to BTC.
ETH has witnessed nearly $500 million in ETF outflows year-to-date, but rather than being bearish about it, analysts say outflows mirror trade unwinds and are not a “structural exit”.
“Options still show a downside bias in both $BTC and $ETH, but skew is less extreme, suggesting positioning is cleaner and panic hedging has eased. ETF outflows also appear more consistent with trade unwinds than a structural exit,” QCP posted on X.
Short-term price movement for ETH may also align with whale selling, with Ethereum co-founder Vitalik Buterin among those who have recently sold ETH.
Crypto Rover says “large ETH whales are underwater,” and previous instances have historically highlighted bottoms.
Large $ETH whales are underwater. 🐋
Last 3 times this happened it marked bottoms. pic.twitter.com/FfNZv7QuPK
— Crypto Rover (@cryptorover) February 23, 2026
Despite this, some crypto treasury companies, led by Bitmine, have doubled down on the altcoin as they weigh the “buy-the-dip” opportunity.
Whales who sold earlier, like ShapeShift founder Erik Voorhees, are also buying ETH again.
As such, there’s a possibility the coin may fail to reclaim and hold above the psychological level, risking further declines to the $1,500 level.
However, recovery for Bitcoin to above $74,000 could signal a shift in broader market sentiment. Ethereum will target $2,300-$3,000 as initial supply wall risk areas.
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