Crypto Prices Today: Overcoming 4 Major Crises That Changed the Market

Cryptocurrency prices over the past few days have experienced intense volatility, touching lows again after more than a year. The market is filled with mixed signals: from global data referencing Bitcoin, to policy movements from the U.S. government, and the persistent investment of key investors who refuse to give up. Today, we will analyze four key points driving the market and influencing the future direction of crypto prices.

Epstein Documents Reveal Names of Bitcoin Pioneers in Global Scandal

The U.S. Department of Justice recently released a large number of new documents related to the Jeffrey Epstein case and his connections to prominent figures in the digital industry. Notably, claims suggest Epstein met with Bitcoin’s creator and his relationship with Peter Thiel, co-founder of PayPal.

The documents also include Adam Back and Austin Hill, founders of Blockstream, who received funding from funds linked to Epstein through intermediaries like Joi Ito, former director of MIT Media Lab.

Deeper meaning: The appearance of influential Bitcoin figures in this dark global case reflects a more complex network of key players. This could become a political weapon for those sympathetic to digital assets in the future.

Price Breaks Major Moving Averages, Signaling Deeper Market Bearishness

One of the most important levels this week is Bitcoin breaking below the 100-week moving average at $87,500 for the first time since October 2023. History shows that whenever prices fall below this critical support, Bitcoin typically takes 6 to 18 months to rebuild strength.

Currently, the crypto price has dropped to $66,480 (as of February 25). Despite a 5.58% rebound in 24 hours, analysts warn that there is a risk of the price falling to test support at $40,000, as many investors are stuck in the $85,000–$95,000 range.

Interpretation: Breaking below a key support level indicates a market that needs time to regroup. This is not the end but a countdown to a rebalancing process.

White House Accelerates Government Launch of Stablecoins Amid Budget Crisis

Although the U.S. faces a government shutdown crisis, the White House under Donald Trump continues to push forward with crypto policies. Officials have engaged in intense negotiations regarding the CLARITY Act, aimed at creating a legal framework for digital assets.

Key issues discussed include stablecoins pegged to fiat currency, yield generation, and the ethics of officials holding digital assets. Patrick Witt, White House crypto advisor, stated that negotiations are focused on real solutions and creating a fair competitive environment.

Implication: High-level government interest in stablecoins indicates a desire to bring digital assets into official use, which could boost confidence among international financial institutions.

Billionaire Investors Keep Buying Bitcoin Despite Prices Below Cost

While the market trembles, Michael Saylor of MicroStrategy continues its Bitcoin Standard strategy without pause. He recently revealed that the company purchased an additional 855 BTC for over $75.3 million.

Significantly, this purchase occurred when Bitcoin’s price was below the company’s average cost basis of $76,052. This is the first time since 2023 that MicroStrategy has bought Bitcoin below its cost. The total holdings now stand at 713,502 BTC, with a total investment of over $54.26 billion.

Investor confidence remains strong. Data from Polymarket shows an 81% probability that MicroStrategy will accumulate Bitcoin up to $800,000 by the end of 2026.

Analysis: Saylor’s strategy tests market psychology. Continuing to buy even when prices are below cost suggests he views Bitcoin as a global reserve asset, not just a short-term speculation.

Overall Crypto Market: A Long-Term Rebalancing

Today’s crypto prices are in a phase of adjustment, influenced by a mix of signals. Negative factors like Epstein documents and technical support breaches are partly offset by friendly policy movements and the unwavering commitment of institutional investors.

In the long run, the crypto market may need more time to accumulate strength. Government support for stablecoins and the resilience of major investors are positive signs for the industry’s medium-term future.