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Here’s What’s Driving The Bitcoin Price Crash Toward $60,0000

February 24, 2026Updated:February 24, 2026No Comments3 Mins Read
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In six months, the Bitcoin value has crashed by round 50%, dropping beneath $64,000 initially of this month. Naturally, this has triggered a cascading occasion, with devastating results on the remainder of the market, and questions on what might be driving the decline. With no notable occasion driving the crash, as was seen in 2022 with the crash of the FTX crypto trade, the easy reply has pointed to 1 factor: massive traders are promoting.

Company Holders Are Getting Out Of Bitcoin

In an X submit, Coin Bureau highlighted an fascinating development amongst company Bitcoin holders that might clarify the sustained decline the digital asset has suffered in current occasions. In response to the chart shared on the submit, these massive company holders have been dumping their holdings.

Associated Studying

For the higher a part of 2025, there had been a transparent development of accumulation amongst company patrons. Generally, the shopping for development could be sustained for weeks earlier than a sell-off development could be recorded. Nonetheless, that is shortly altering as the previous couple of weeks have been dominated by dumping.

The submit confirmed that within the final three weeks, there was no shopping for performed. Quite, company traders have been dumping BTC in the marketplace. For context, the longest promoting streak amongst these massive traders recorded in historical past was two weeks earlier than shopping for started once more.

Nonetheless, on the time of writing, solely outflows have dominated the treasuries of those firms, marking a brand new document since firms started shopping for Bitcoin in 2020. Given this, it’s doable that the buildup development that drove Bitcoin to new all-time highs in 2025 could have ended.

Here’s What’s Driving The Bitcoin Price Crash Toward ,0000
Supply: X

Information from CoinShares additionally corroborates this sell-off development. In its Digital Asset Fund Flows Weekly Report, it exhibits that in simply the final week alone, Bitcoin misplaced $215.3 million to outflows from digital asset funds, thereby main the sell-offs.

Associated Studying

In the identical vein, Ethereum suffered outflows of 36.5 million, and multi-asset funds noticed $32.5 million in outflows. Curiously, although, the likes of XRP and Solana proceed to see inflows, regardless of their poor efficiency available in the market.

Given this development, it exhibits that company traders need to altcoins for probably increased revenue margins in comparison with Bitcoin. As provide continues to pile up available in the market, it’s probably that the Bitcoin value will proceed to fall till shopping for picks up as soon as once more.

Bitcoin price chart from Tradingview.com
BTC loses assist at $64,000 | Supply: BTCUSD on Tradingview.com

Featured picture from Dall.E, chart from TradingView.com



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Canaan expands U.S. mining operations with purchase of Cipher’s Texas JV stake
February 24, 2026
Here’s What’s Driving The Bitcoin Price Crash Toward $60,0000
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