#Bitcoin BTC Price News & Insights Today 24-2-2026 - Technical analysis of #BTC, on market structure, key support and resistance zones. Video by More #Crypto Online.
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Bitcoin (BTC) is trading at approximately $63,176 as of February 24, 2026, marking a significant downturn as it wipes out nearly 50% of its value from the record high of $126,272 reached in October 2025.
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Bitcoin Insights Today
-Geopolitical Jitters: Markets are reacting to a "risk-off" sentiment fueled by President Trump's announcement of a 15% global tariff hike.
-ETF Outflows: U.S. spot Bitcoin ETFs have recorded five consecutive weeks of net outflows, totaling approximately $4.5 billion year-to-date in 2026.
-Whale Activity: On-chain data indicates large holders ("whales") are moving vast amounts of BTC to exchanges, signaling potential further selling pressure.
-Corporate Movement: Major holder Strategy disclosed the purchase of an additional 592 Bitcoin on Monday, despite the market downturn.
-Ecosystem News: Solana-based Step Finance announced an immediate shutdown on February 24 following a $40 million security breach and failed fundraising efforts.
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