Bitcoin s Struggles Amid Wall Street Sell-Off and Geopolitical Tensions

On February 24, 2026, Bitcoin fell below the 63,000 support level due to a broader Wall Street sell-off and rising geopolitical tensions. This decline followed renewed tariff threats from the U.S. President, which increased market uncertainty and led to a retreat from risk assets.
Bitcoin experienced significant volatility, dropping to a low of 62,525 before making a modest recovery to trade above 64,000. However, the overall sentiment remained fragile, with the Crypto Fear and Greed Index falling to a historic low of 5. Despite the intraday bounce, Bitcoin was down 4 over the past week and had lost 25 of its value in the last 30 days.
A major factor contributing to this decline was the aggressive outflow from spot exchange-traded funds ETFs . U.S. spot Bitcoin ETFs recorded 3.8 billion in net outflows over the past five weeks, indicating a shift from institutional accumulation to tactical de-risking. This trend continued into the final week of February, with an additional 203.82 million pulled from these investment vehicles.