Analysis: Market risk appetite is recovering, and funds are rotating towards high-beta tokens.

GateUser-6433627c · 2026-02-26T05:42:06+00:00

Bitcoin price once approached $70,000, then retreated to $68,300. Altcoins outperformed Bitcoin, with ETH, SOL, and ADA all rising. Market risk appetite has returned, but the overall macro environment remains fragile, and traders are once again chasing high-risk assets.

GateUser-6433627c

2026-02-26 05:42:06

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On February 26, according to CoinDesk, Bitcoin surged earlier today, approaching $70,000, but has since pulled back to around $68,300. Altcoins generally outperformed Bitcoin, with ETH up 8.5%, SOL up 6.9%, and ADA up 10.8%. This divergence typically indicates that risk appetite is returning to the market periphery, as traders chase higher-risk, higher-beta assets after believing the worst sell-off has ended. ZeroStack CEO Daniel Reis-Faria said, “The wave of forced selling is gradually subsiding. Altcoins are once again outperforming Bitcoin, and more coins are leading the gains over Bitcoin. Market rotation is happening.” Meanwhile, the macro environment for cryptocurrencies remains fragile. Market maker Wintermute pointed out that as funds shift toward defensive and physical assets, cryptocurrencies and tech stocks are both under pressure, continuously losing upward momentum.

BTC4,54%

ETH8,35%

SOL7,01%

ADA8,96%

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