February 25 News: According to CoinDesk, as the US dollar weakens and risk appetite in Asian stock markets rebounds, the crypto market has shown a noticeable rally after several weeks. Bitcoin’s price has retaken the around $65,400 level, driving mainstream digital assets to recover in tandem. Market participants are generally focused on whether the current region constitutes a key technical support level and whether the “double bottom” pattern can be confirmed.
On the macro level, the weakening US dollar index and the strengthening of Asian stock markets are resonating, boosting the appeal of risk assets. The MSCI Asia index rose to a new high for the period, with South Korea and Taiwan stock markets performing strongly, coupled with gains in AI-related stocks, which helped improve market sentiment. After US President Trump’s State of the Union address, the Bloomberg US dollar spot index slightly declined, indirectly providing upward momentum for Bitcoin and other cryptocurrencies.
FxPro Chief Market Analyst Alex Kuptsikevich pointed out that Bitcoin’s current movement is testing a potential double bottom structure. If the price can hold above the February 5 low, the technical pattern may be confirmed, with an estimated 10% rebound potential; however, if support is broken, a deeper correction could be triggered, with downside risk possibly expanding to 25%. This critical zone is seen as a short-term trend dividing line.
Driven by Bitcoin’s rebound, major tokens like Ethereum, Solana, and XRP also rose in tandem, indicating a phased return of funds to risk assets. However, analysts remain cautious about market sentiment. Data shows that Bitcoin has retraced nearly 50% from its all-time high, and market confidence has not fully recovered. Additional capital inflows and clear catalysts are still lacking.
It is noteworthy that although a weaker dollar generally favors Bitcoin’s movement, the correlation between the two has fluctuated during this cycle, increasing market uncertainty. Some institutional views suggest that the current rebound is more of a technical correction rather than a trend reversal. Kuptsikevich further warned that if macroeconomic conditions tighten again or risk appetite cools, the market could face a “second bottom,” and even larger downward pressure cannot be ruled out.
Under the intertwined influence of macro policies, US dollar liquidity, and technical structures, Bitcoin’s future trajectory will heavily depend on whether key support levels can hold. Short-term volatility may continue to remain high.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
In the past 24 hours, the total liquidation amount across the entire network reached $314 million, with nearly 60% of the liquidations coming from long positions.
Gate News reports that on March 9, according to CoinAnk data, the total liquidation across the entire network in the past 24 hours was $314 million, with long positions liquidated at $188 million and short positions at $127 million. By individual cryptocurrency, Bitcoin liquidation was approximately $112 million, and Ethereum liquidation was about $50.51 million. Notably, the on-chain synthetic oil asset XYZ:CL ranked third in liquidation amount, approximately $55.36 million.
GateNews14m ago
Crypto Expert Predicts the Bitcoin Price and Warns of a Possible Drop Toward $44K
The Bitcoin price has been moving through a volatile stretch lately. BTC climbed above the $73,000 mark last week before pulling back again, and it’s now trading around the $67,000 range. Moves like this have kept traders debating whether the market is stabilizing or simply pausing before the n
CaptainAltcoin20m ago
BTC Breaks Through 68,000 USDT
Gate News bot message, Gate market display, BTC breaks through 68,000 USDT, current price 68,018.9 USDT.
CryptoRadar29m ago
Today's Cryptocurrency News (March 9) | Strategy aims to raise $300 million; Bitcoin rebounds and breaks through $67,000
This article summarizes cryptocurrency news as of March 9, 2026, focusing on the latest Bitcoin updates, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include:
1. The Flow Foundation seeks a court injunction to prevent Korean exchanges from delisting FLOW tokens;
2. The probability of a US recession has surged to 40%, with rising oil prices and escalating geopolitical tensions increasing risks;
3. North Korea has stolen $2.8 billion in crypto assets over the past two years, and the US Treasury Department plans to strengthen regulation of stablecoins.
GateNews41m ago
Starcloud Targets Bitcoin Mining in Orbit With New Satellite
Starcloud plans to mine Bitcoin from space using a second spacecraft, aiming to utilize solar energy and the cold environment of low Earth orbit. This initiative could revolutionize energy-intensive computing and address cooling and energy costs for mining operations.
TodayqNews51m ago
New Crypto Buyers Enter the Market: Kazakhstan Plans to Invest Up to $350 Million
The Central Bank of Kazakhstan plans to invest up to $350 million in crypto assets, with investments starting from April to May, accounting for only 0.5% of reserves. At the same time, crypto assets seized by law enforcement will also be included in the national crypto fund, demonstrating the country's further recognition and cautious attitude towards cryptocurrencies.
PANews1h ago
