Bitcoin ($BTC) retreated from key levels due to macroeconomic uncertainty and geopolitical factors. According to Coinglass, the sharp decline in price resulted in $323.96 million in liquidations over the past 24 hours.
The rise in Bitcoin’s price to $74,000 on March 4 may resemble the bull trap that appeared in the market in 2022.
Bitcoin is rising again and approaching an important threshold. Traders are closely watching a price zone that has repeatedly acted as a major market turning point over the past two years.
On March 4, the price of the leading cryptocurrency briefly exceeded $74,000, reaching this level for the first time in a month.
Today, $XRP is trading around $1.3599, up 0.20% after consolidating within a symmetrical triangle that has been tightening since mid-February. This move places buyers and sellers in equilibrium amid rising institutional flows, as Ripple announces a major enterprise expansion.
On March 2, Bitcoin ($BTC) continued range trading within $63,000–70,000, reaching the upper boundary of the corridor after a rebound from the lower boundary began at the end of February.
The price of Solana has remained within a sideways trend for nearly a month. Quotes are compressed inside a narrow horizontal structure, where the price has repeatedly tested support and resistance levels. Prolonged consolidation has led to a significant decline in volatility. As a result, investor behavior is becoming the key factor in determining the direction of the next market impulse.
XRP held above $1.30 and began recovering, similar to Bitcoin and Ethereum. The price managed to climb above $1.3250 and $1.350, entering a short-term positive zone.
Bitcoin failed to hold above $70,000 and pulled back below $68,000 — traders warn that the bear market is far from over.
The cryptocurrency $XRP is currently in a phase of prolonged consolidation within a descending channel. However, technical signals indicate the possibility of a strong upward move if it breaks out of this formation. Analysts believe the current market structure could serve as a preparatory stage before a new growth impulse.
Bitcoin fell below $63,000, further reinforcing February’s downtrend. Over the month, the asset has lost about 30%, indicating not only short-term volatility but also structural market weakness. The pressure stems from two key factors: large-scale selling by miners and shrinking institutional demand through exchange-traded funds.
Today, Bitcoin’s price moved lower again, losing nearly 7% in less than 72 hours. According to CoinGecko, BTC’s daily low was $62,802, while the daily high reached $65,571.
Bitcoin has dropped nearly 20% since the beginning of February, marking its worst performance since June 2022 and recording a fifth consecutive month of decline. This is the longest bearish streak since 2018.
For most of this month, Bitcoin has been trading around $60,000. That part is unremarkable. What is interesting is the emerging split in coin ownership that could influence what happens next.
The asset’s price dynamics over recent months show a sharp decline amid investor outflows. This process was not isolated. At the same time, a comparable collapse in network engagement metrics occurred. Trading volume on decentralized exchanges has reached a six-month low.
The past three months have been eventful for $XRP, showing how quickly the crypto market can change. From December 2025 to February 2026, the asset went through three distinct phases: stability, strong growth, and then a correction due to broader market weakness
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