Bitcoin Tries To Regain Its Footing
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Bitcoin (BTC-USD) finally caught a bit of a break Wednesday, climbing 4.5% to around $67K after four straight days of losses that had pushed nerves across the crypto market.
The rebound comes after Bitcoin slipped to $62,858 on Tuesday, capping what has been its worst start to a year on record. Even with the bounce, BTC is still down roughly 50% from its late 2025 all time highs. Much of the pressure has come from continued outflows in spot Bitcoin ETFs like IBIT, FBTC and GBTC, which have signaled cooling institutional demand. That said, Feb. 24 saw the strongest daily ETF inflows since Feb. 10, suggesting some buyers may be stepping back in.
The relief wasn't limited to Bitcoin. Ether (ETH-USD) jumped 7.5% to about $2K, Solana (SOL-USD) gained 8%, and Bitcoin Cash (BCH-USD) rose 6.7%. Analysts at MarketPulse by OANDA Group pointed out that 50% to 75% corrections have historically been part of crypto's boom and bust rhythm, often preceding major rallies.
source: https://www.tradingview.com/news/gurufocus:1e5261027094b:0-bitcoin-tries-to-regain-its-footing/