Bitcoin retakes $64,000, crypto miners rally as AI-related software rout eases

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin retakes $64,000, crypto miners rally as AI-related software rout eases Sellers are taking a breather as bitcoin's Fear & Greed Index plunged to levels never seen before. By Krisztian Sandor | Edited by Stephen Alpher Feb 24, 2026, 5:29 p.m. Make us preferred on Google Bitcoin rallies from worst levels Tuesday What to know : Crypto prices were putting in a modest rally on Tuesday, with bitcoin climbing past $64,000. The bitcoin Fear & Greed Index fell to 5, a level not even seen during the 2018 bear market, the 2020 Covid crash, and 2022's crypto winter. AI fears are taking a breather on Wall Street, with the embattled software sector (IGV) gaining 1.7% after a relentless plunge in recent weeks. Bitcoin BTC $ 64,258.82 pushed back above $64,000 in early U.S. trading Tuesday, tracking a broader rebound in risk assets after several sessions of turbulence. Trading recently at $64,200, bitcoin was still lower by 0.75% over the past 24 hours, but nicely above the morning's low of $62,500. Ether (ETH) and solana (SOL) also narrowed big early losses. STORY CONTINUES BELOW Don't miss another story. Subscribe to the Crypto Daybook Americas Newsletter today . See all newsletters Sign me up By signing up, you will receive emails about CoinDesk products and you agree to our terms & conditions and privacy policy . Crypto’s tight correlation with technology stocks remained evident, with software shares — as represented by the iShares Software Sector ETF (IGV) — bouncing 1.7% after recent heavy losses on concerns that artificial intelligence (AI) tools will destroy their business models. The gains came as some companies, including Intuit and DocuSign, announced partnerships with AI firm Anthropic, signaling that incumbents might be able to adapt rather than being displaced. Meanwhile, traditional safe havens lost ground. Gold fell 1.5% on the session, while crude oil slipped 0.5% as geopolitical tensions eased. Reports cited Iran’s deputy foreign minister Majid Takht-Ravanchi saying the country "is ready to take any necessary step to reach a deal with the U.S.," tempering fears of an imminent military strike. The tech-heavy Nasdaq 100 traded 1.1% higher, while the broad-market S&P 500 was up 0.8%. High-performance computing firms and bitcoin miners — increasingly tied to AI data center infrastructure — joined the move higher. Bitdeer (BTDR), Cipher Mining (CIFR), Hut 8 (HUT) and TeraWulf (WULF) led gains, rallying 6%-10%. Much of the rest of the crypto-related sector was modestly lower, with Coinbase (COIN), MARA Holdings (MARA) and Strategy (MSTR) among those showing losses of 0.5%-1%. Bitcoin News More For You Adam Back's BSTR moving forward with public listing plans, hopes for April approval By James Van Straten | Edited by Stephen Alpher 2 hours ago Back remains optimistic despite the brutal price action in bitcoin and BTC treasury companies. What to know : Led by bitcoin pioneer Adam Back, Bitcoin Standard Treasury Company (BSTR) is seeking shareholder approval as early as April to go public via a SPAC merger with Cantor Equity Partners (CEPO) Back said macro uncertainty, not regulation, is behind bitcoin’s recent slide. Read full story Latest Crypto News Stripe's Bridge sees stablecoin volume quadruple as utility insulates from 'crypto winter' 46 minutes ago Kraken rolls out crypto-style, 24/7 perpetuals trading for tokenized U.S. stocks 2 hours ago Adam Back's BSTR moving forward with public listing plans, hopes for April approval 2 hours ago Wall Street’s big blockchain win: SEC gives WisdomTree the green light for instant, around-the-clock trading 2 hours ago Bitcoin’s U.S. demand signal turns negative for a record 40 days 2 hours ago Mark Zuckerberg's Meta is planning stablecoin comeback in the second half of this year 2 hours ago Top Stories 'If you’re not accumulating bitcoin at this stage, then when,' asks prominent analyst 3 hours ago Coinbase adds stock, ETF trading as it expands beyond crypto 3 hours ago Putting the treasury to work: The Ethereum Foundation just staked 70,000 ETH to fund its future 7 hours ago Jane Street faces claims of insider trading that sped up Terraform's 2022 collapse 11 hours ago Hong Kong's RedotPay said to plan blockbuster $1 billion IPO in New York: Bloomberg 8 hours ago Crypto markets bleed as bitcoin hovers above liquidation zone 5 hours ago In this article BTC BTC $ 64,258.82 ◢ 0.86 %