Crypto Market Trends and Price Analysis

Ark Invest founder Cathie Wood reiterated her confidence in Bitcoin during a Bloomberg interview, believing that Bitcoin is superior to gold and has the ability to resist inflation and deflation. Although Bitcoin has performed poorly this year, Wood remains focused on its long-term structural adoption trend rather than short-term price fluctuations.

U.S. Customs announced the suspension of illegal tariffs imposed by Trump under the International Emergency Economic Powers Act, but the newly imposed 15% global tariffs will take effect on February 24. The market reaction was lukewarm, and Bitcoin prices declined again. Analysts warn that if the $60,000 support level is broken, further declines may occur. In the short term, a tax refund is unlikely, and the market remains under pressure.

Decentralized prediction markets led by Polymarket and Kalshi have accumulated over $9 billion in monthly trading volume by 2025, allowing users to bet on the outcomes of political, economic, and sports events. As AI technology drives the emergence of various arbitrage strategies, from discovering cross-platform mispricings to large-scale information manipulation, thousands of traders are participating. However, these strategies that rely on market inefficiencies and information asymmetry are not without risks. This article will analyze the principles, processes, and potential dangers of each strategy. Basic Logic: What does Polymarket's "Shared Order Book" represent? Before diving into arbitrage strategies, it’s essential to understand Polymarket’s core mechanism: the (Shared Order Book). Unlike traditional exchanges, Polymarket's YES

Bitmine increased its holdings by over 51,000 ETH this week, bringing the total to 4.42 million ETH, accounting for 3.66% of the global supply. Chairman Tom Lee believes that the value of Ethereum will rise in the future and points out three major fundamental drivers, including Wall Street tokenization, artificial intelligence applications, and the creator economy transitioning to blockchain. Additionally, Bitmine has staked approximately 3.04 million ETH, with expected annual yields to further increase.

February 24 News, Bitcoin has recently been on a continuous decline, sparking market attention on the recovery timing. According to Glassnode data, the 90-day realized profit and loss ratio has fallen below 1 for the first time since 2022, indicating that the market has entered an oversold phase. Historical experience shows that this state typically lasts about six months, suggesting that Bitcoin may remain at low levels until the end of the third quarter of this year. The realized profit and loss ratio reflects the proportion of profits and losses in on-chain transactions. When the ratio is below 1, losses dominate, and investors are mostly capitulating. Past bear market cycles—2015, 2018, and 2022—have all shown this pattern. During these lows, market panic is common, but it also presents potential buying opportunities.

February 24 News, Strategy announced an additional $40 million investment in Bitcoin, despite the current market being somewhat pessimistic about Bitcoin price forecasts. The company currently holds Bitcoin worth $55 billion, with an average cost of approximately $76,020. At Bitcoin's current price of $63,000, unrealized losses amount to nearly $10 billion. Executive Chairman Michael Saylor stated that the company employs a dollar-cost averaging strategy and is not concerned about short-term price fluctuations. Recently, Bitcoin has been affected by geopolitical tensions, economic uncertainties triggered by developments in artificial intelligence, and policy changes by the Trump administration, leading to consecutive price declines. Matt Howells-Barby, Vice President of Growth at CEX, pointed out that Bitcoin could potentially drop to $50,000 in the short term. Data from DefiLlama shows that investors sold over $1 billion worth of Bitcoin ETFs in February, bringing the total ETF decline since November last year to $7 billion. Data from CF Benchmark indicates that major hedge funds reduced their Bitcoin ETF holdings by 28% between the third and fourth quarters.

On February 24, it was reported that World Liberty Financial (WLFI) dropped about 8% in the past 24 hours, weakening after falling below the $1 key level. Previously, WLFI was forming a bullish cup-and-handle pattern, but recent price fluctuations have been mainly influenced by leverage liquidations rather than long-term investors selling off. On-chain data shows that WLFI's largest holder wallet has increased its holdings from 8.23 billion tokens to 8.56 billion tokens since February 19, adding approximately 330 million tokens, equivalent to about $35 million. This indicates that whales have actively entered during the price decline, reflecting confidence in a future recovery. Meanwhile, exchange inflows have decreased from 128 million tokens to just 8.9 million tokens, a nearly 93% drop, showing reduced retail selling pressure.

The current market is undergoing a structural reshaping driven by de-globalization and artificial intelligence, resulting in slow trading adjustments. Bitcoin and Ethereum prices are struggling to rebound, indicating a lack of market confidence. Capital is flowing into value sectors, technology stocks are underperforming, and crypto assets are being sold off, facing a critical transition ahead.

February 24 News, on the first anniversary of the Pi Network open mainnet launch, approximately 300,000 PI tokens have flowed out from centralized exchanges, with the price of Pi Coin remaining around $0.16. This outflow reflects a decrease in immediate seller liquidity on exchanges and highlights increased community engagement and ecosystem activity. The Pi core team stated that since the mainnet went live independently, the project has achieved significant growth in KYC approval, mainnet migration, developer activity, and overall network participation. On-chain data shows that in the past 24 hours, exchange wallets have net outflows of approximately 305,547 Pi Coins, with one CEX alone net outflowing over 623,000 Pi Coins, offsetting small inflows on platforms like Gate. Although this change is limited relative to the total supply, combined with the anniversary celebration, it indicates that the network ecosystem is steadily expanding, and long-term holders remain confident.

The article introduces the features of the Polymarket platform, including market search, personal account information, leaderboards, and reward mechanisms, helping users understand trading strategies, fund flows, and market participation depth. The article also analyzes the core sections of the trading interface, such as the market probability chart, order book, and order placement area, and distinguishes the characteristics and risks of binary markets versus multiple-choice markets.

February 24 News, as the United States advances its stablecoin regulatory framework, the "Genius Act" is being viewed by the market as a key policy to reshape the stablecoin industry landscape. Analysts point out that under the push of this act, the stablecoin-related revenue of the United States' largest compliant CEX is expected to grow by 2 to 7 times, and some institutions interpret this as a potential long-term "tenfold" growth logic, making it one of the important narratives in the crypto market by 2026. The act was signed by Trump, with the core goal of establishing a clear compliance system for U.S. stablecoins, including requirements for issuers to hold high-quality liquid assets such as U.S. Treasury bonds in a 1:1 ratio as reserves, and strengthening anti-money laundering and regulatory transparency. This institutional design will significantly reduce compliance uncertainties for stablecoins, increase institutional funding willingness, and promote the expansion of regulated stablecoins in payments, settlements, and on-chain finance.

Wintermute Market Report shows that BTC has recently failed multiple times to break through $70,000, with volatile price movements and thin liquidity. ETH has fallen below $1,900, with attention on the psychological level of $1,600. Institutional demand has not returned, market confidence is lacking, and trading activity is predominantly selling. Although high-net-worth investors have shown brief interest in some altcoins, this interest has not persisted. The overall market is not ready to make proactive moves.

February 24 News, there is a clear redemption wave in US spot Bitcoin and spot Ethereum ETFs. Data shows that on that day, the net outflow from the spot Bitcoin ETF was approximately $204 million, while the spot Ethereum ETF also saw an outflow of $49.48 million, with a total daily capital outflow of $253 million. This large-scale capital withdrawal occurred after Bitcoin's price briefly fell below the critical $65,000 level, combined with macroeconomic uncertainties caused by expectations of US tariff policies, leading to a significant decline in risk appetite in the crypto market.

ChainCatcher News: According to the Bank of Canada, it sold 1.04 million MSTR shares with a transaction value of approximately $128 million. It currently holds 1 million shares valued at about $123 million.

February 24 News, Metaplanet CEO Simon Gerovich recently stated that as AI-driven productivity rapidly advances, the global economy is gradually moving toward an era of "machine-to-machine trading," and Bitcoin could become a primary store of value within this system. This view stems from his response to a forward-looking study by Citrini Research, which outlines the potential for artificial intelligence to replace white-collar jobs on a large scale between 2026 and 2027. Simon Gerovich pointed out that AI agents making financial decisions will not rely on traditional bank accounts, credit card networks, or government-issued currencies, but will instead prioritize more efficient, frictionless digital asset systems. Under the logic of machine-optimized transaction costs, on-chain payments, stablecoin settlements, and Bitcoin as a store of value are more aligned with the needs of an automated economy. Compared to the traditional payment network fee structure of 2% to 3%, low-cost blockchain settlements are more attractive.

February 24 News, despite XRP's recent sustained pressure and a phased decline of about 9%, on-chain fund flows have shown clear signs of divergence, with large holder addresses and institutional investors continuing to add positions during the pullback, sparking market attention on whether XRP's price has bottomed out and the potential for a rebound. Data shows that since February, XRP has been consistently constrained by a downward trend resistance level, with short-term momentum remaining weak and market sentiment turning cautious. However, on-chain indicators reveal that XRP's current market price is below its intrinsic value, which usually indicates that most holders are in a floating loss. From a historical cycle perspective, when the price falls below the actual cost range, it is often seen as an undervalued phase, likely to attract medium- to long-term capital deployment.

On February 24, news reports indicate that amid increasing uncertainty over the United States pushing forward a new round of global trade tariff policies, Bitcoin prices have fallen below the key psychological threshold of $65,000, and market risk appetite has significantly cooled down. Data shows that Bitcoin retreated from a high of approximately $66,465 on Monday to an intraday low of $62,952, a stage decline of nearly 5%, and a cumulative retracement of about 35% from the year's high, with market sentiment turning cautious. This downward movement is closely related to the policy expectation that the Trump administration may impose an additional 10% tariff on multiple countries (potentially raised to 15% via executive order). Historical experience shows that escalating trade tensions often intensify volatility in the crypto market. The market still remembers that after the U.S. imposed high tariffs on China in 2025, the total market value of cryptocurrencies shrank significantly within two months, and Bitcoin's sensitivity to macro shocks once again became a focus.

Gate News Bot Message, February 24th, according to CoinMarketCap data, as of press time, TRIA (Tria) is trading at $0.02, up 17.95% in the past 24 hours, reaching a high of $0.02 and a low of $0.01. The current market capitalization is approximately $39.4 million, an increase of $6 million compared to yesterday. Tria is a global cryptocurrency lifestyle platform offering an integrated Tria Card, earning rewards, leverage trading, and cross-chain exchanges. Users can spend with the Tria Card at over 1.3 million merchants in more than 150 countries, support recharge with over 1,000 tokens without custody, and earn rebates. The platform uses BestPath AVS technology to provide optimized transaction routing, helping users get the best