Bitcoin (BTC) is facing intense selling pressure on February 23, 2026, crashing over 5% to test critical support at $64,632. With the Fear & Greed Index signaling extreme fear and five weeks of consistent ETF outflows, the market is at a pivotal "break or bounce" level. Explore the technical breakdown and why analysts believe the CLARITY Bill remains the ultimate long-term catalyst for a $150,000 recovery.

The White House held a third closed-door session on Thursday to assess rules for rewards tied to stablecoin balances, a key element of a broader US crypto market-structure bill. The meeting began at 9 a.m. ET and included Ripple, Coinbase, bank trade groups, and industry associations; participants called it constructive, but no agreement emerged.

In a report published on Saturday, blockchain analytics firm Elliptic said five platforms—Bitpapa, ABCeX, Exmo, Rapira and Aifory Pro—are facilitating ruble-to-crypto conversions used by sanctioned Russian entities. Elliptic linked the network's rise to the March takedown of Garantex's website and highlighted flows including at least $11 billion at ABCeX, $19.5 million tied to Exmo, and $72 million involving Rapira.

Ether dropped below $1,900 and $1,880, setting a low at $1,845 while trading under $1,920 and the 100‑hour SMA. Resistance clusters near $1,920 and $1,950; a break higher could target $2,000, $2,050, and $2,120, while support rests at $1,850 and $1,825 with risk toward $1,780 and $1,740.

Neo SPCC released NeoFS Node v0.51.1, following v0.51.0 earlier this month. The update adds new CLI commands for container policy checks and mainchain management, a policer consistency metric, faster metabase resynchronization, and storage-layer fixes. Operators on v0.51.0 can upgrade in place; v0.50.x users should follow the v0.51.0 migration guidance.

Bitcoin dropped more than 5% after failing to hold above $68,000 and is now trading under $66,500 and the 100-hourly simple moving average. The BTC/USD pair formed a low near $64,203 and is attempting a short-term recovery toward resistance between $66,000 and $66,400. If the price falls back below the $64,500–$64,200 support area, another move toward $63,500 or even $62,850 could follow.

Bitcoin slid more than $3,000 in under two hours on Monday, falling over 4% to around $64,300 and giving back its advance from Friday. The move pushed the Crypto Fear and Greed Index back down to a reading of 5 out of 100, while roughly 136,000 traders saw about $458 million in positions liquidated, mostly from leveraged longs. On-chain data also shows recent investors still realizing large daily losses, and Bitcoin's Sharpe Ratio has sunk to deeply negative territory that some analysts associate with prior accumulation phases.

Cardano’s ADA has fallen over 22% in the last month and is struggling to hold the $0.27 level, even as its allocation in Grayscale’s Smart Contract Fund has been raised to 20.34%. This repeated increase since January 2026 has strengthened ADA’s position as the fund’s third-largest holding, while on-chain metrics show falling MVRV and Open Interest that often appear near market bottoms. Over the next 45 days, major technical upgrades and the planned launch of the Midnight privacy chain by the end of March could reshape sentiment around the asset.