Overview
- Bitcoin traded around $62,000–$63,000 on Tuesday, down roughly 19% for February and about 50% below its October 2025 peak, with Bloomberg data flagging the worst month since June 2022.
- U.S. spot Bitcoin ETFs logged about $203.8 million in single‑day outflows on Monday, with February redemptions cited near $1.2 billion, reinforcing mechanical selling pressure.
- Derivatives stress intensified as Coinglass data showed roughly $295 million in leveraged long positions liquidated in hours and overall open interest sliding to about $90 billion.
- Macro risk-off forces weighed on crypto alongside equities, with traders pointing to President Trump’s 15% global tariff plan, renewed U.S.–Iran tensions, and an AI-led tech selloff.
- Analysts highlighted miner reserve selling and bearish technicals, warning that a decisive break below the $60,000 support could trigger cascading liquidations, a risk also reflected in prediction and options markets.