Market Report: Top 5 cryptocurrencies by decline on February 24, 2026, with the largest drop in Bitcoin Cash

Bitcoin price drops 50% from historical highs, but Wall Street and corporations are疯狂ly increasing holdings

On February 25, it was reported that Bitcoin's trading price in 2026 dropped to $64,492, down nearly 50% from its all-time high in October 2025. Despite the price decline triggering market panic, adoption of Bitcoin by institutions and corporations continues to accelerate. BeInCrypto reports that retail investors have a pessimistic outlook on Bitcoin prices, with searches for "Bitcoin to zero" reaching a record high. Crypto hedge funds are increasing cash holdings, with the average cash reserve reaching 15.32%, the highest in nearly a year. Coin Bureau co-founder Nic Puckrin pointed out that this reflects a defensive strategy by institutional investors against short-term price volatility.

Sell Cardano (ADA) for Bitcoin? Here’s Why the Switch Could Make Sense Now

Crypto feels heavy again. After months of distribution and fading rallies, the market resembles prior bear cycles. Bitcoin is down roughly 30% over the past 12 months. Cardano (ADA) is down closer to 60% over the same stretch. Liquidity is weak. ETF flows have cooled. Retail enthusiasm has fad

USDT market capitalization declines for the second consecutive month, potentially putting pressure on market recovery

Tether's issued stablecoin USDT's market value decreased by 0.8% this month to $183.61 billion, marking two consecutive months of contraction, reflecting market capital outflows and putting pressure on Bitcoin and the overall market. Bitcoin's price experienced a rebound but then fell back to around $65,000.

Data: CryptoQuant: Bitcoin futures market dominated by bears, selling pressure reaches 3-month high

Bitcoin's current price is in the $62,000 - $68,000 range, with the futures market funding rate in negative territory, indicating that bearish sentiment is dominant. Selling pressure continues to increase, reaching the highest level in three months. Although the price decline leads to liquidations, in the long term, it helps improve market leverage conditions.

Michael Saylor: The digital credit ecosystem, with Bitcoin as the underlying asset, will create a truly meaningful "digital currency" in the future.

Michael Saylor delivered a speech at Strategy World 2026, proposing a digital financial system centered around Bitcoin, divided into three layers: digital capital, digital credit, and digital currency. He emphasized that new financial products reduce Bitcoin risk and, unlike traditional fiat currencies, profits come from the increase in Bitcoin's price.