
Bitcoin plunged as low as $66,679 in early trade, but recovered some of those losses to trade just above $67,588 on February 18 (9:30 am IST), though that represented a decline of 1.24 percent in the last 24 hours.
"Bitcoin slipped below the $67,000 mark, with technical charts showing a descending channel and resistance near $68,800–$70,000. A break below $66,000 could accelerate losses toward $64,200, while sustained momentum above $68,800 may trigger a short-term recovery," said Riya Sehgal, Research Analyst, Delta Exchange
XRP was down 0.29 percent, BNB 1.24 percent, Solana 1.40, TRON 1.03 percent, Bitcoin Cash 0.62 percent. Whereas, Ethereum was up 0.64 percent, Tether 0.01 percent, USDC 0.04 percent, and Dogecoin 0.63 percent over the last 24 hours.
According to CoinDCX Research Team, the top gainers for the day include Morpho, with over a 9 percent jump, followed by World Liberty Financial and Pi by over 8 percent each, and Memecore, with 6.65 percent. Besides, pippin plunges by more than 27.52 percent, followed by Sky and Humanity Protocol with over 9 percent each, and Lighter and LayerZero by over 8 percent each.
Why is Bitcoin down? Should you invest?
"BTC dipped toward the $65.5K–$66K zone before rebounding above $69K and briefly testing $70.5K–$71K, where sellers capped the move and pushed price back toward $68K. Spot Participation remains active, with BTC and ETH spot volumes rising by more than 10% over the past 24 hours. Institutional accumulation continues as Strategy purchased 2,486 BTC for $168.4 million, bringing total holdings to 717,131 BTC. For now, $70K–$71K acts as resistance, while $66K–$67K remains near-term support," said CoinSwitch Markets Desk.
Vikram Subburaj, CEO of Giottus, advises investors to prioritise position sizing, avoid leverage-heavy directional bets, and use staggered entries or tactical hedges to manage volatility until macro signals and ETF flows turn decisively supportive. Look for lower price points to accumulate steadily without infusing heavy capital.
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