Bitcoin falls back below $67,000, rapidly giving back Wednesday's gains

Bitcoin falls back below $67,000, rapidly giving back Wednesday's gains

Source: CoinDesk

Published:15:37 UTC

BTC Price:$67071

#BTC #Crypto #Nvidia

Analysis

Price Impact

High

Bitcoin has rapidly given back significant gains, falling over 4% after touching $70,000, indicating strong selling pressure. this is directly linked to broader market movements, particularly in tech stocks.

Trustworthiness

High

The information is reported by a reputable financial news source (coindesk) and directly correlates bitcoin's price action with observable movements in major tech indices and specific influential stocks like nvidia.

Price Direction

Bearish

The immediate price action is negative as bitcoin fell back below $67,000. the correlation with the nasdaq's decline and nvidia's post-earnings selloff suggests further downside risk if the broader market sentiment remains negative.

Time Effect

Short

The article details events from wednesday and thursday, focusing on immediate price reactions and market sentiment over the past day or so. the impact is currently unfolding.

Original Article:

Article Content:

Markets Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Bitcoin falls back below $67,000, rapidly giving back Wednesday's gains The declines are coming as the Nasdaq tumbles nearly 2%, led by a post-earnings selloff in Nvidia. By Stephen Alpher Feb 26, 2026, 3:37 p.m. Make us preferred on Google Bears regain control in crypto (Frederick Bass/Getty Images) Crypto markets are in retreat during U.S. morning hours on Thursday, rapidly reversing yesterday's strong gains. Just under $67,000, bitcoin BTC $ 68,056.93 has pulled back more than 4% after touching $70,000 late on Wednesday. Ether (ETH) and solana (SOL) are showing similar declines. The selloff comes alongside a 2% decline in the Nasdaq following Nvidia's (NVDA) earnings last night. While Nvidia didn't disappoint, investors are selling the news after the stock's sizable run higher into the earnings event. NVDA is lower by 4.8%, with related names like Broadcom (AVGO), Micron (MU) and Intel (INTC) also sharply lower. Curiously, the software names are nicely higher today, with the Software Sector ETF (IGV) ahead more than 2%. Bitcoin's correlation with this embattled group has been well documented, but to BTC bulls' chagrin, they apparently only move together when IGV heads lower. A check of stocks finds Coinbase (COIN) down 1%, Strategy (MSTR) down 2.3%, and Galaxy Digital (GLXY) down 3%. Outperforming is stablecoin issuer Circle Financial (CRCL) up another 3.3% today, and bringing its two-day post-earnings advance to about 40%. Bitcoin News Breaking News More For You Crypto investigator ZachXBT alleges trading platform Axiom's employee conducted insider trading By Oliver Knight , Shaurya Malwa | Edited by Sheldon Reback 1 hour ago ZachXBT.alleges a senior Axiom employee used internal dashboards to access private wallet data and track traders’ activity, raising questions about potential insider trading. What to know : Blockchain investigator ZachXBT said a senior Axiom Exchange employee allegedly misused internal tools to access sensitive user data, track private wallets and potentially trade memecoins using inside information. Axiom said it was “shocked and disappointed” by the allegations and removed access to those systems. It pledged to continue investigating and hold the responsible parties to account. The claims highlight growing scrutiny of trading practices and data misuse in the crypto industry. Read full story Latest Crypto News The Protocol: Blockchain sleuth ZachXBT alleges Axiom employee conducted insider trading 4 minutes ago Senate hearing for U.S. bank regulators thrusts crypto into starring role 16 minutes ago A former Solana exec is taking a page out of Wall Street playbook to make global crypto trades faster 38 minutes ago Crypto investigator ZachXBT alleges trading platform Axiom's employee conducted insider trading 1 hour ago CoinDesk 20 performance update: index falls 1.4% as all constituents trade lower 1 hour ago MetaMask expands debit card across U.S. after year-long pilot 1 hour ago Top Stories Bitcoin stalls below $70,000 while DOT, UNI lead altcoin surge 4 hours ago Indiana prepares to put bitcoin in its public retirement plans 2 hours ago Was Jane Street behind the bitcoin crash? A deep dive into why that theory may not not hold 5 hours ago Bitcoin's bounce fails to convince options traders 3 hours ago Trump family-linked American Bitcoin posts $59 million Q4 loss as bitcoin price slides 2 hours ago STS Digital raises $30 million to expand crypto options platform 2 hours ago In this article BTC BTC $ 68,056.93 ◢ 3.83 %