Crypto World
Bitcoin Slows Its Slide, Bear Market Still in Play, Analysts Say
Bitcoin (CRYPTO: BTC) has shown signs that selling pressure may be fading, though analysts caution that a durable bottom is far from guaranteed. In recent sessions, the asset has hovered around key technical levels, with the 20-day moving average offering a critical backdrop near $68,500 and volatility compressing as traders digest macro headlines. While one market update noted that BTC did not accelerate lower on risk-off news, the broader bear-market narrative remains intact for many observers, keeping upside exposure tactical rather than structural.
Key takeaways
- Bitcoin appears to have shifted tactically rather than signaling a structural reversal, with near-term momentum stabilizing but persistent bearish conditions.
- The price has regained the vicinity of the 20-day moving average around $68,500, and Bollinger Bands are narrowing, potentially setting the stage for a defined trading range rather than a fresh down leg.
- BTC touched just above $70,000 in late trading on Coinbase but retraced to roughly $68,400, indicating continued volatility and intra-session shifts.
- The $62,500 level has held on three tests, reinforcing it as meaningful support amid a broader bear-market context.
- Bullish divergences are emerging in momentum indicators like RSI and stochastic, hinting at a possible stabilization even if the larger trend remains down.
Tickers mentioned: $BTC
Sentiment: Neutral
Price impact: Positive — a price bounce driven by crowd-long liquidations in derivatives and easing selling pressure.
Trading idea (Not Financial Advice): Hold. With no confirmed trend change, tactical exposure is reasonable while monitoring for a clear breakout or breakdown.
Market context: The price action unfolds against a backdrop of narrowing volatility, strengthening ETF-related flows, and evolving macro headlines that influence risk appetite across crypto markets. As liquidity conditions remain nuanced, traders are weighing whether recent moves represent a genuine shift in momentum or a temporary pause within a continuing bear market.
Why it matters
The latest price dynamics matter because they illuminate how traders are positioning around a potential bottom without assuming a durable reversal. The evidence for a tactical shift—such as stabilizing momentum indicators and a guarded recovery after tests of critical support—could influence risk management decisions for both hedge funds and retail participants. Yet the overarching framework remains cautious: many analysts still classify Bitcoin as being in a bear-market regime, meaning that any bullish exposure should be limited in scope and time-bound unless a clear directional breakout occurs.
From a market mechanics perspective, several indicators align to suggest a pause rather than a pivot. Volatility appears to be compressing, ETF flows have shown resilience, and the once-widening Coinbase discount has faded, all of which are inconsistent with a market rushing into a fresh leg lower. Still, analysts caution that these are characteristics of consolidation, not confirmation of a new uptrend. The resilience around the $62,500 level—tested multiple times—provides a potential platform for range-bound activity or a gradual accumulation phase, should buyers step in at these levels with sustained interest.
Additionally, the narrative around derivatives markets cannot be ignored. Recent observations point to deeply negative funding rates as a key driver of a short-term rebound, where crowded short positions were forced to unwind as price found support. While that dynamic can produce sharp, short-lived bounces, it does not by itself constitute a lasting reversal or a trigger for sustained upward price action. The absence of durable macro catalysts—such as clear liquidity inflows or institutional commitments—underscores why traders remain cautious about calling a new bull leg.
What to watch next
- Observe BTC’s behavior around the 62,500 support level over the coming sessions to see if buyers maintain conviction or if bears pressure the price lower again.
- Monitor momentum indicators (RSI, stochastic) for continued bullish divergences or a retreat back into bearish territory.
- Track ETF flow data and any shifts in the Coinbase-related pricing discounts as signals of broader liquidity and investor sentiment shifts.
- Watch for changes in funding rates in derivatives markets; a sustained shift back to positive funding could alter the risk-reward dynamic for long positions.
- Keep an eye on macro catalysts that could reintroduce risk-off pressures or, conversely, catalyze renewed risk appetite in crypto assets.
Sources & verification
- 10x Research market update: Is the Bitcoin correction over, bottom formed, or is this a bear-market trap? ( https://update.10xresearch.com/p/is-the-bitcoin-correction-over-has-the-bottom-formed-or-is-this-a-bear-market-trap )
- Bitcoin price context and market observations referenced in BTC price coverage (Cointelegraph article on price movements and bear-market context): https://cointelegraph.com/news/bitcoin-holders-show-zero-panic-as-btc-hits-dollar70k-amid-middle-east-tensions
- TradingView BTCUSD price data (Coinbase exchange view): https://www.tradingview.com/symbols/BTCUSD/?exchange=COINBASE
- ETF flows and related analysis referenced in coverage of how ETF activity affects Bitcoin price dynamics: https://cointelegraph.com/news/are-bitcoin-etfs-quietly-accumulating-or-just-not-selling-the-flow-data-that-matters
- Derivatives funding rate context and potential short-squeeze signals: https://cointelegraph.com/news/negative-bitcoin-funding-rate-may-signal-pending-short-squeeze-above-dollar70k
Bitcoin price action: tests of support and momentum signals
Bitcoin (CRYPTO: BTC) has been navigating a delicate balance between tactical resilience and structural risk. After a period in which selling pressure appeared to intensify alongside macro headwinds, the market is displaying a constellation of signals that traders read as a potential shift in near-term dynamics without confirming a new long-term trend. The most cited technical talking points center on the interaction with the 20-day moving average, the narrowing of volatility bands, and the resilience of a critical support zone around $62,500.
The 20-day moving average has re-emerged as a yardstick for assessing near-term momentum, with BTC hovering near that level at the time of writing. A tightening of Bollinger Bands reinforces the notion that price action may be compressing into a more defined range, which often precedes a breakout or a sustained consolidation. In practical terms, a break above the upper band could portend a bullish continuation, while a break below the lower band would reaffirm downside risk in a bear-market context. These technical nuances are amplified by the price’s behavior around the $70,000 mark in late sessions, where a brief ascent gave way to a retracement as traders reassessed risk and liquidity conditions.
From a supply-demand perspective, the $62,500 threshold has proven notable. It withstood tests on three separate occasions, suggesting authentic support that buyers have targeted in a market characterized by fragile liquidity. The price’s ability to rebound from the $63,000s demonstrates that demand exists at specific price points, even as overall sentiment remains cautious. In tandem, momentum indicators—specifically RSI and stochastic—have started to exhibit bullish divergences, a pattern that traders often interpret as an early harbinger of stabilizing momentum. While these signals are encouraging at the margin, they are not a substitute for a decisive trend shift, especially as macro catalysts remain uncertain.
Beyond the price action, market mechanics play a central role in interpreting the recent bounce. Negative funding rates in derivatives markets have contributed to a squeeze dynamic, where crowded short positions were unwound as price rose from the mid-$60,000s. This type of price activity is not inherently indicative of a durable reversal; it reflects the intricacies of leverage and risk parity in a market that remains susceptible to rapid shifts. The absence of broad, structural inflows—particularly from institutional buyers—keeps the door open for renewed pressure should liquidity conditions deteriorate or if macro risk sentiment deteriorates further.
Looking ahead, the market will be watching for sustained price action that can convert tactical gains into a more persistent trend. Traders will evaluate whether the momentum divergences sustain themselves, whether ETF flow dynamics continue to provide relief to selling pressure, and whether any macro event can catalyze a more pronounced shift in risk appetite. In the meantime, market participants are likely to treat any move that reclaims or holds above the $68,000–$70,000 zone as a potential cue for cautious optimism, while remaining mindful of the longer-term bear-market framework that many analysts still cite as the prevailing context.
Crypto World
OKB token still under pressure even as OKX introduces AI toolkit for developers
- OKX’s AI toolkit launch has not lifted market sentiment.
- OKB token price remains range-bound with neutral momentum.
- The key OKB price levels are the support at $72 and the resistance at $82.
OKB token remains under pressure despite OKX crypto exchange unveiling an upgrade to its OnchainOS infrastructure that introduces an AI toolkit built for developers.
The new system is designed to help autonomous agents interact directly with blockchain networks.
This will allow developers to plug AI models into wallet functions, trading routes, and market data feeds without building everything from scratch.
While the move aims at making OKX the backend layer for AI-driven crypto execution, the excitement around the product has not translated into a clear recovery for its native token, OKB.
At press time, the OKB token was trading at around $75.88, after a modest 24-hour decline of 0.3%.
Even though the altcoin remains far above its early-cycle lows, it has fallen more than 60% over the past year and its all-time high of $255.50, reached in August 2025, still looms large above the current price.
Technical analysis shows OKB in consolidation
From a technical standpoint, OKB is trading in a narrow range, although it appears to closely mirror Bitcoin’s price movements, which means broader market sentiment remains a critical factor.
Recent OKB price movements show that the cryptocurrency is consolidating rather than trending.
The Relative Strength Index (RSI), though having bounced from an oversold condition, is still sitting close to the oversold region at 39.74 at press time.

In case of a bullish breakout, the immediate resistance sits near the 7-day simple moving average at $76.657.
On the downside, the 61.8% Fibonacci retracement level at $73.31 has served as key support, with a second support zone near $72.62 based on recent price action.
These two levels create a support band that traders should closely watch if the market breaks down from the current consolidation.
If that support band fails, historical data points to $68.05 as the next area where buyers previously stepped in.
OKB token price prediction
While the AI toolkit gives OKX a compelling long-term story, OKB’s price action suggests traders want proof of impact before bidding the token higher.
The near-term price outlook for OKB remains neutral unless a decisive breakout occurs.
A strong move above $76.77, supported by higher trading volume, would be the first signal of short-term strength.
If buyers push the price above the $82.47 resistance, momentum could expand.
Historically, sustained trading above $82.47 has paved the way for $93.50, according to CoinLore.
Beyond that level, the next resistance to monitor would be $104.84.
But if bears outweigh bulls, a drop below $73.31 and $72.62 would weaken the current structure.
Such a move would likely expose the token to a retest of $68.05.
Crypto World
Why March Could End Bitcoin’s Five-Month Losing Streak
Bitcoin stands at a sensitive stage after a prolonged decline. However, several macroeconomic and on-chain signals suggest a strong reversal is possible. Many analysts even expect a medium-term recovery that could last several months.
Below are three main reasons why many analysts believe in this recovery scenario.
Correlation Between Bitcoin and the ISM Manufacturing PMI
First, the US ISM Manufacturing PMI recorded its second consecutive month of expansion. According to the latest report from the Institute for Supply Management (ISM), the February 2026 PMI reached 52.4%. Although the figure declined slightly from 52.6% in the previous month, it still exceeded market expectations of 51.8%.
This marks the second consecutive reading above 50. It ends a three-year contraction in the US manufacturing sector. The rise in this index suggests an environment in which investors expand their risk appetite. That condition creates room for capital to flow into Bitcoin.
Analyst Joe Consorti highlighted the correlation between this index and Bitcoin’s price in previous cycles. He suggested that the current setup signals a potential trend reversal.
“Historically, this has lined up with the early start of BTC bull markets (excluding 2022),” Joe Consorti commented.
Bitcoin’s Inter-Exchange Flow Pulse (IFP) Signals a Shift in Sentiment
Second, analyst CW believes a “golden cross” is about to appear on Bitcoin’s Inter-Exchange Flow Pulse (IFP) indicator.
CryptoQuant, an on-chain data and analytics platform, explains that IFP measures Bitcoin flows between spot and derivatives exchanges.
This flow data reflects market sentiment. When a large amount of Bitcoin moves to derivatives exchanges, the indicator signals a bullish phase. Traders transfer coins to open long positions in the derivatives market.
In contrast, when Bitcoin flows from derivatives exchanges to spot exchanges, the indicator signals the start of a bearish phase. This situation often occurs when traders close long positions, and large investors reduce their risk exposure.
In the past, this signal preceded strong recoveries from 2023 to 2025. Currently, after 1 year of correction, the golden cross is approaching. If the crossover receives confirmation, it would suggest the beginning of a new bullish cycle for Bitcoin.
“The golden cross is imminent in the BTC Inter-exchange Flow Pulse (IFP). After a year of correction, the price is ready to rise again. Everyone, buckle your seat belts,” analyst CW stated.
Five Consecutive Monthly Red Candles Signal Selling Exhaustion
Third, five consecutive monthly red candles are extremely rare. Bitcoin closed February 2026 with its fifth straight red monthly candle. This marks only the second time in history that such a streak has occurred.
The first instance took place during 2018–2019, when Bitcoin recorded six consecutive red candles. After that period, Bitcoin printed five successive green candles. The price surged more than 300%, rising from around $3,400 to $14,000.
Although the historical sample remains small, a longer red streak suggests that selling pressure is nearing exhaustion. A strong reversal can occur once buying demand returns.
“5 or 6 monthly RED candles doesn’t matter now, because the bulk of the drawdown is behind us and all the upside is still in front of us,” analyst Satoshi Flipper stated.
These signals have historically confirmed a multi-month upward trend. A recent report by BeInCrypto also reinforces the scenario that Bitcoin has entered a bottoming phase. However, analysts still see room for a deeper decline.
Analysts at BeInCrypto predict that March will likely depend on whether the $62,300 support level holds or the $79,000 resistance level breaks first.
Crypto World
Tether taps Deloitte for first USAT reserve report
Leading stablecoin issuer Tether has secured a sign-off from Deloitte for the first reserve report tied to its new U.S.-regulated stablecoin, after years struggling in its relationships with major accounting firms.
Deloitte reviewed a report prepared by Anchorage Digital Bank, which issued the company’s new USAT token. In a letter released Monday, the accounting firm said Anchorage reported $17.6 million in reserve assets backing 17.5 million USAT tokens in circulation. The token’s market cap has, since the report, risen to nearly $20 million as its growth accelerates.
The total market capitalization of the stablecoin sector has, in fact, been growing rapidly. It’s now past $315 billion, according to CoinMarketCap data, with Tether’s USDT making up $183 billion of that. Circle’s USDC comes in second place, at $76 billion.
The new USAT token follows the passage of the Genius Act last summer. The law limits the types of assets that can back stablecoins and requires larger issuers to move under federal oversight. USAT is structured to comply with those rules.
Third-party attestations such as this differ from full audits, however. They offer a snapshot of reserves at a specific point in time rather than a deep review of company finances.
Tether has been leveraging the revenue it generates from the assets backing its stablecoins to invest in a plethora of industries. These include a majority stake in Latin American agricultural firm Adecoagro (AGRO), a privacy-focused health app, a stake in video-sharing platform Rumble (RUM). More recently, it invested $200 million in digital marketplace Whop.
Crypto World
DOJ seeks forfeiture of $327K in USDT linked to romance scam
The United States Attorney’s Office for the District of Massachusetts filed a civil forfeiture action Monday seeking to recover 327,829.72 USDT, allegedly involved in a money laundering scheme connected to an online romance scam.
Summary
- DOJ is seeking to recover approximately $327,829 in USDT linked to a romance fraud and money-laundering scheme.
- Investigators say the stolen funds were routed through intermediary wallets and converted to stablecoin to conceal origin.
- The action underscores continued federal efforts to trace and reclaim crypto assets to return them to defrauded Americans.
Justice Department targets crypto laundering in online romance scam
The complaint, filed in federal court, names the cryptocurrency as defendant property and seeks its forfeiture under federal law as proceeds of fraud and laundering.
According to the complaint, the stolen funds originated from a Massachusetts resident who was targeted in late 2024 on a dating app. The fraudster, identified only by an alias, convinced the victim to send funds for purported cryptocurrency investments that never existed.
Rather than investing the money, the scammers diverted it through a series of cryptocurrency wallets and ultimately converted it to USDT, a common tactic to obfuscate the origin and movement of illicit proceeds.
Several of the wallets in question were seized by law enforcement in August 2025 after blockchain analysis traced connections to the scam.
Under U.S. civil forfeiture law, property traceable to illegal activity may be seized by the government and ultimately returned to victims if the court finds it to be proceeds of crime. The Justice Department’s action allows third parties with a legitimate interest in the property to file claims before any forfeiture is finalized.
Prosecutors said the forfeiture complaint is part of broader efforts to target online frauds, including romance scams, investment schemes, and cyber-enabled financial crime that increasingly leverage cryptocurrency to move and hide funds.
The case highlights both the growing sophistication of crypto-related fraud and law enforcement’s expanding use of blockchain analysis to trace and reclaim stolen digital assets for fraud victims.
Crypto World
Bank of Japan eyes tokenized central bank money in blockchain push
Bank of Japan Governor Ueda Kazuo said the rapid integration of blockchain and artificial intelligence is reshaping the financial system, positioning central banks to play a pivotal role in anchoring trust as crypto-linked infrastructure matures.
Summary
- The BoJ is exploring issuing or connecting central bank money to blockchain networks, including through Project Agorá and domestic sandbox testing.
- Japan’s retail CBDC program remains active, with technical experiments aimed at preparing digital cash as a future “anchor of trust.”
- Ueda warned that fragmented blockchain systems could create systemic risk unless central bank money bridges networks and ensures settlement finality.
Bank of Japan’s Ueda backs blockchain settlements, advances CBDC experiments
Speaking at FIN/SUM 2026 in Tokyo, Ueda described blockchain as moving firmly into its “implementation phase,” with decentralized finance (DeFi), smart contracts and tokenized assets increasingly influencing settlement, payments and cross-border finance.
He emphasized that blockchain’s programmability, particularly atomic transactions that bundle multiple actions into a single execution, could streamline complex processes such as delivery-versus-payment (DvP) and cross-border transfers.
For crypto markets, the speech revealed two key themes: interoperability and settlement in central bank money.
Ueda warned that a fragmented ecosystem of multiple blockchains and traditional payment rails could create conversion bottlenecks and systemic risks if interoperability is not ensured. He suggested central bank money, potentially in tokenized form, could function as a bridge across networks, preserving the “singleness of money” while enabling innovation.
The BOJ is advancing several initiatives with direct implications for digital assets. Its retail central bank digital currency (CBDC) pilot continues technical testing, while Project Agorá — a joint effort with other central banks and major financial institutions — is exploring tokenized central bank deposits on blockchain networks for cross-border payments.
A separate BOJ sandbox is testing how current account deposits at the central bank could be used to settle transactions conducted on distributed ledgers.
Ueda also highlighted AI’s growing role in analyzing blockchain transaction data for risk management and AML/CFT compliance, signaling closer scrutiny of crypto-linked activity even as innovation expands.
The message to markets was clear: blockchain-based finance is no longer experimental. But its long-term stability, Ueda said, will hinge on central banks embedding trust, liquidity and settlement finality into the next generation of digital infrastructure.
Crypto World
Will Solana price crash now that it has charted a bearish flag pattern?
Solana price tanked over 7% on Monday as fears of the impact of the ongoing U.S.-Iran war continued to drive investors away from risk assets. Current technical signals suggest the token could be set for a downturn.
Summary
- Solana price has remained in a downtrend as network revenue declined amidst a market-wide downturn.
- A bearish flag pattern has positioned the token for more downside.
According to data from crypto.news, Solana (SOL) price fell 7% from $88.05 on Sunday to an intraday low of $81.86 on Monday, March 2. Subsequently, it attempted a breach of the $90 resistance supported by a broader market recovery, but the rally lost steam just below that mark.
On the monthly timeframe, Solana has fallen over 30%, and is down over 44% from this year’s highs.
Solana price has remained in a downtrend as network revenues have fallen. Notably, the weekly revenue generated by the Solaba network has dropped over 30% from what was recorded during mid January, data from DeFiLlama show.

The total value locked in the network has also fallen from over $9 billion recorded on Jan. 17 to $6.64 billion at the time of writing.
With both network revenue and TVL going down, investors are concerned that Solana’s explosive growth phase is over, and the memecoin fever that fueled the network is finally breaking.
Demand for the token across the derivatives market has also contributed to the downturn. Data from CoinGlass show that SOL futures open interest has scaled back by nearly 45% to $4.93 billion from its January high of $8.88 billion as traders unwind positions awaiting signs of more calmness in the global geopolitical landscape.
Solana price is also affected by the market-wide downturn in response to the ongoing U.S.-Iran conflict, which has pushed investors away from risk assets to more traditional alternatives, as they expect more volatility over this week.
The most recent trigger came after the retaliatory attack from Iran on U.S. ships over the weekend, stationed around the Strait of Hormuz, sparking a jump in oil prices. Investors are concerned this could lead to higher inflation in the U.S., which could likely force the Fed to hike interest rates or hold them steady at restrictive levels for longer.
Risk-assets like Solana tend to benefit from interest rate cut expectations and struggle when the Fed sets a hawkish tone.
On the daily chart, Solana price has formed a bearish flag pattern since the token entered a downtrend from mid January this year, before moving into consolidation over the past few weeks. Bearish flags have typically been precursors to further downward breakouts.

Other technical indicators also favour the bears. The Supertrend has flashed red while the Aroon lines have pointed downwards, with the Aroon Down at 50%, indicating that sellers still maintain firm control of the market.
Hence, Solana price risks dropping to the Feb. 6 low of $70 if the current bearish momentum prevails, especially considering the broader downturn.
On the contrary, a rebound above $90, a resistance level that the token has struggled to break multiple times over the past few weeks, could offer the necessary optimism for a rally towards the $100 psychological resistance level.
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Crypto World
Bitcoin Re-tests $70K as Loss Flows Drop to 2-Week Low
Bitcoin (BTC) rallied to $70,000 on Monday amid escalating tensions in the Middle East. CryptoQuant data shows short-term holder losses transferred to exchanges fell to a two-week low, contrasting with the heavier selling seen in early February.
Bitcoin short-term sellers step back
The short-term holder (STH) profit/loss (P&L) to exchanges metric tracks how much Bitcoin recent buyers send to exchanges at a profit or loss. These participants tend to amplify volatility during stress events.

On March 1, the realized losses fell to 3,700 BTC even as geopolitical tensions between the United States and Iran escalated in the Middle East. Bitcoin dipped to $63,000 during that window, but exchange inflows from this cohort did not expand in response.
For comparison, on Feb. 5–6, the STHs sent 89,000 BTC to exchanges at a realized loss within 24 hours. That marked a peak capitulation window. Since then, the loss-driven inflows have steadily compressed.
Crypto analyst MorenoDV noted that the most event-sensitive holders have not accelerated distribution and exhibited “zero panic.” The drop in loss transfers signals that the sell pressure from recent buyers has cooled.
A strong rally may depend on whether realized losses stay contained or reaccelerate toward prior capitulation levels during this period of geopolitical uncertainty.
Related: Michael Saylor’s Strategy buys $204M of Bitcoin in 101st purchase
BTC futures deleveraging meets external liquidity
BTC derivatives data indicate a significant risk reduction. Crypto analyst Darkfost highlighted that Binance open interest declined to 97,680 BTC from 130,800 BTC since the start of the year, a 25% contraction.
The estimated leverage ratio, which compares open interest to exchange BTC reserves, fell to a 0.146 weekly average. Levels below 0.15 have historically aligned with aggressive deleveraging phases during this cycle.
On the technical side, Bitcoin is attempting to reclaim its Monthly RVWAP (rolling volume-weighted average price), currently near the high-$68,000 region. The Monthly RVWAP is a volume-weighted average price anchored to the start of the month. BTC trading above it places the average monthly participant back in profit and often shifts the short-term positioning bias of traders.

The four-hour chart shows the price pushing through $70,000 and approaching the first external liquidity pocket from $70,000 to $71,500. Converting that range into support may trigger a price expansion to the $80,000 region, where prior supply capped upside in January. Crypto trader LP said,
“On the HTF, low-leverage liquidation clusters are stacking near and just above the range highs, sitting between 70–73K. These higher timeframe liquidity pools often act as magnets when they build in size.”

The BTC spot flow data adds further context. Binance spot printed roughly $7.79 million in positive delta during the breakout leg, Coinbase added about $1.16 million, and OKX contributed nearly $3.7 million.
The positive delta across venues signals aggressive spot bidding rather than isolated derivatives-driven activity. With leverage use reduced and loss-driven selling falling, the market’s attention shifts to how the price may react around the $71,500 liquidity band.

Related: Will Bitcoin crash if oil prices hit $100 per barrel?
This article does not contain investment advice or recommendations. Every investment and trading move involves risk, and readers should conduct their own research when making a decision. While we strive to provide accurate and timely information, Cointelegraph does not guarantee the accuracy, completeness, or reliability of any information in this article. This article may contain forward-looking statements that are subject to risks and uncertainties. Cointelegraph will not be liable for any loss or damage arising from your reliance on this information.
Crypto World
VanEck CEO says Bitcoin may be forming a bottom despite 2026 bear cycle
Bitcoin price surged to $69,000 Tuesday before a correction, putting it on pace for its strongest daily performance in nearly a week, as VanEck CEO Jan VanEck suggested the world’s largest cryptocurrency may be carving out a cyclical bottom.
Summary
- VanEck CEO says 2026 represents Bitcoin’s typical bear-cycle year but believes a bottom may be forming.
- Bitcoin rallied 6%, rebounding from strong support near the $60,000–$62,000 zone.
- A break above $70,000 could confirm a broader recovery, while rejection may prolong the correction.
Speaking on CNBC, VanEck framed 2026 as the fourth year in Bitcoin’s historical halving cycle, a period that has typically coincided with steep drawdowns following three consecutive years of gains.
“That’s why we’re in a Bitcoin bear market,” he said, pointing to the asset’s programmed supply cap of 21 million coins and its four-year halving mechanism, which reduces miner rewards and has historically shaped boom-and-bust patterns.
Despite acknowledging the broader downturn, VanEck said recent price action could represent “a very nice sign of life,” adding that he believes the market may be in the process of bottoming.
The move higher was not isolated to Bitcoin. VanEck noted that the entire crypto complex, including large-cap tokens and publicly traded firms such as Coinbase and Circle, participated in the rally.
However, he cautioned against reading too much into a single day’s action.
Bitcoin eyes break above $70K as bottoming pattern forms
Technically, Bitcoin has rebounded from February lows near the $60,000–$62,000 range and is now consolidating around $67,000.
The area around $60,000 has acted as firm support following a sharp rejection lower last month, suggesting buyers are stepping in at that level.

Immediate resistance stands near $70,000, with a broader supply zone between $75,000 and $80,000.
Momentum indicators show selling pressure easing, while volatility has stabilized after February’s spike, conditions that often accompany base formation.
A sustained break above $70,000 would strengthen the case that a cyclical bottom is in place, while failure to hold current levels could reinforce the longer-term bear narrative.
Crypto World
Charles Hoskinson Slams CLARITY Act as ‘Horrific’ Bill
Charles Hoskinson says the CLARITY Act will create a “security by default” trap for new cryptocurrency projects.
Cardano founder Charles Hoskinson has launched a blistering attack on the CLARITY Act, the flagship U.S. crypto market structure bill, labeling it a “horrific trash bill” that would classify nearly all digital assets as securities by default and hand a “weaponized” Securities and Exchange Commission (SEC) the power to stifle the industry for years.
His comments deepen a growing split among crypto leaders as lawmakers push to finalize the rules before the midterm cycle intensifies.
Dismantling the Bill’s Mechanics
In a March 3 YouTube broadcast, Hoskinson moved beyond political rhetoric to present a detailed, technical critique of H.R. 3633, the Digital Asset Market Clarity Act of 2025.
He argued that the bill, as drafted, creates a regulatory Catch-22 that would be “a wet dream” for an adversarial SEC. The core of his argument rests on the bill’s “security by default” framework for newly created digital assets.
He asserted that under this structure, every new project, from XRP and Ethereum at their launches to any future protocol, would be classified as an “investment contract asset” and fall under SEC jurisdiction.
The path to graduating to a “digital commodity” regulated by the CFTC, the developer warned, is a bureaucratic minefield. He outlined several “attack vectors” where the SEC could exploit rulemaking authority to indefinitely trap projects in security status, including impossible-to-prove standards for decentralization and subjective “value attribution” tests.
“This is not a good bill,” Hoskinson said. “Through rulemaking, it can become horrific and weaponized and it doesn’t cover the core of what’s going on in the industry right now.”
He stressed that while established projects like Cardano and XRP might be “grandfathered in,” the legislation would force all future American crypto innovation to launch overseas, effectively killing the domestic industry.
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An Industry and Washington at an Impasse
While the CLARITY Act passed the House in 2025, it has stalled in the Senate. The White House had issued a March 1 deadline for stakeholders to bridge their differences, but the date passed with no public compromise reported.
The primary holdup, as Hoskinson noted, is not the structural issues he raised, but a fierce lobbying battle over stablecoin rewards, which the banking industry warned could trigger a massive exodus of deposits.
The divide has splintered the crypto industry, with Ripple CEO Brad Garlinghouse, who has predicted a 90% chance of the bill becoming law by April, continuing to champion it, arguing that “clarity beats chaos” and that the industry cannot let “perfection be the enemy of progress.”
Ripple CTO David Schwartz also weighed in on the debate on X, acknowledging the tightrope walk, stating that while his company tries not to advocate to the detriment of others, “a sub-optimal bill is better than no bill at all.”
However, the Cardano founder countered that view, claiming that a bad bill would enshrine into law every single thing former SEC Chair Gary Gensler was “trying to do to the industry.”
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Crypto World
Bitcoin ETFs Surge as Trading Volumes Reach February Highs
US spot Bitcoin funds opened the week with strong inflows, extending last week’s rebound even as conflict in the Middle East escalated.
Bitcoin (BTC) exchange-traded funds (ETFs) recorded $458.2 million of inflows on Monday, extending last week’s $787.3 million in net inflows, according to data from SoSoValue.
The latest gains pushed cumulative net inflows to $55.3 billion. Trading volume climbed to about $5.8 billion, the highest level since early February.

The inflows came as Bitcoin rose about 3% on Monday, according to CoinGecko data. Analysts cited strong spot buying from US investors, while some industry observers pointed to improving sentiment in spite of the geopolitical risks of the expanding Middle East conflict.
BlackRock leads inflows as altcoin funds add to gains
Altcoin ETFs shared positive momentum, though on a smaller scale. Ether (ETH) funds drew about $39 million, while Solana (SOL) and XRP (XRP) products recorded $17 million and $7 million in inflows, respectively.
Among Bitcoin funds, BlackRock’s iShares Bitcoin Trust (IBIT) led with $264 million in inflows, according to Farside data.
Fidelity’s Wise Origin Bitcoin Fund (FBTC) followed with about $95 million, and Bitwise’s Bitcoin ETF (BITB) added $36 million.
BTC holds steady as traders absorb US-Iran tensions
Samson Mow, CEO of Jan3 and a long-time Bitcoin advocate, took to X on Monday to note that Bitcoin held steady through the weekend despite rising uncertainty over the strikes on Iran on Saturday.
“There was downward pressure but we just bounced back up each time,” Mow said, adding: “It definitely feels different than from previous months.”

A similar perspective was shared by analysts at CryptoQuant, who said Bitcoin’s short-term holders “aren’t blinking” yet amid the Iran escalation.
“The sell-side pressure from recent buyers is fading. Panic is being replaced by patience, or at least exhaustion,” the analysts said.
Related: Iranian crypto outflows spike 700% after US-Israeli airstrikes
VanEck CEO Jan van Eck added to the optimism, saying in a Monday interview with CNBC that Bitcoin is approaching a bottom. He said BTC is set to gradually pick up this year, noting that the four-year halving cycle has been a key driver of price over the past few months.
On Monday, JPMorgan reportedly said that rising Iran tensions are a buying opportunity, not a reason to exit stocks. Analyst Mislav Matejka said the “current geopolitical escalation should ultimately be an opportunity to add, as fundamentals are positive,” even as markets brace for volatility.
Magazine: Would Bitcoin really be at $200K if not for Jane Street? Trade Secrets
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