Bitcoin dropped earlier in the day to below $64,500, its lowest level in over two weeks, triggering almost $500 million in liquidations and impacting around 140,000 traders. One unidentified whale on HTX lost $61.51 million on a BTC/USDT position, while Machi Big Brother was partially liquidated on his Ethereum longs. His crypto portfolio loss has now exceeded $28.8 million, even as he continues to hold 1,700 ETH worth about $3.2 million.

Bitcoin dropped within hours from $67,800 to a 17-day low of $64,350 on February 22/23 after renewed tariff moves by President Trump, before stabilizing near $66,000. Analyst Ali Martinez highlighted $58,500, $54,440, and $41,500 as the next major on-chain support areas if the decline continues. Altcoins also fell, while liquidations neared $500 million and open interest retreated to $19.5 billion amid rising retail fear.

Ripple’s XRP has retreated from a January 2025 high of $3.40 to below $1.40 after setting a new record of $3.65 in July 2025, with a 50% monthly drop between January 6 and February 6, 2026. Four AI platforms, including ChatGPT, Gemini, Grok and Perplexity, broadly expect XRP to first establish a bottom by spring 2026, then attempt a recovery in summer and potentially enter a stronger bullish phase from Q3 or Q4, with some scenarios pointing to price targets as high as $8–$13 by the end of 2026.

XRP exchange-traded products have seen inflows stall around $1.23 billion after earlier rapid growth, while the token's price has dropped by more than 10% this week. Recent trading days in February recorded either flat or minimal flows, and XRP has retreated from above $1.65 to around $1.40 despite brief double-digit gains. On-chain analytics point to dominant short activity, but some data suggest XRP may be undervalued and could potentially rebound based on past loss patterns.

Bitcoin fell to a multi-year low of $60,000 on February 6 after a downtrend that began in early October, and remains negative year to date. Wallets with 10–10,000 BTC trimmed holdings by 0.8% while micro accounts with 0.1 BTC or less added 2.5%, a split that does not signal a reversal. ETF participation swung from over $6 billion inflows to multi-week net outflows, with notable billion-dollar withdrawals.

Bitcoin hovered near $68,000 over the weekend as volatility stayed muted despite tariff headlines in the US. PI extended losses, down 6% and struggling below $0.165, while ETC (-8%), ARB (-7%), and ENA (-7%) lagged and PIPPIN jumped more than 17% to nearly $0.60. Large-cap moves were mostly modest, with total crypto valuation holding above $2.4 trillion.

On February 22, 2026, on-chain trackers Arkham Intelligence and Lookonchain flagged Vitalik Buterin withdrawing 3,500 ETH from Aave and selling 571 ETH. Earlier in February, reported sales climbed to 6,183 ETH at a $2,140 average exit price, while ETH has continued to trade below $2,000 amid broader weakness.

A 30‑day MVRV snapshot places Ethereum at -14.3%, the most undervalued among major caps, followed by Bitcoin at -6.9%, Chainlink at -5.1%, XRP at -4.1%, and ADA at -2.0%. Recent readings also note ETH struggling near $2,000 and BTC at $68,000, 46% below its last all‑time high.

Search interest for the phrase "Bitcoin Is Dead" on Google has recently climbed to notably high levels as BTC fell from $90,000 to $60,000 by February 6. One analyst claims these queries have reached a new all-time high since the FTX collapse, while other data suggests the peak was in December 2025. Bitcoin has reportedly been declared dead between 467 and 477 times over the years, yet each wave of pessimism has historically been followed by renewed strength in price and network activity.