Bitcoin rebounds to $68,000 levels; reasons behind the rise

• Bitcoin rises 4.28 percent, trading above $68,229 on Feb 26
• ETF inflows and positive sentiment boost crypto market gains
• Experts advise staggered investments amid market consolidation

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Bitcoin prices surged marginally just above $68,229 on February 26 (9:10 am IST), representing a gain of 4.28 percent in the last 24 hours. The world's largest cryptocurrency surged just above $69,512 during the early trade.

"Bullish developments like the Coinbase Bitcoin Premium Index flipping positive and over $257 million inflows into Bitcoin ETFs have boosted investor confidence. Strong macro data and upbeat tech earnings have also reinforced risk appetite. Despite the recent price gain, Friday’s $10.5 billion monthly BTC options expiry could determine the market's direction from current levels," said Akshat Siddhant, Lead quant analyst, Mudrex.

According to Riya Sehgal, Research Analyst, Delta Exchange, the crypto market recovered, driven by structural demand and short-term positioning. Bitcoin faces resistance between $69,000 and $72,900; a breakout could target $74,000, while rejection may lead to near-term consolidation or a pullback toward $66,000 support.

Other cryptocurrencies followed the cue. Ethereum was up 7.94 percent, XRP 5.18 percent, Solana 7.46 percent, Dogecoin 8.68 percent, Cardano 10.69 percent, BNB 5.63 percent, and USDC was trading flat. Whereas TRON and Tether were down 0.21 percent and 0.05 percent respectively, in the last 24 hours.

Here's how the prices of cryptocurrencies have moved as of Feburary 26, 2026 (9:10 am IST).

Why is Bitcoin up? What does it mean for investors?

According to Avinash Shekhar, Co-Founder and CEO, Pi42, bitcoin’s climb toward the 67,500 dollar level indicates that the market is beginning to stabilise after a phase of heavy bearish positioning and miner pressure. The recent rebound, supported by short liquidations and improving institutional participation, suggests that the underlying demand for digital assets remains intact.

"For investors, this is a time to stay measured rather than reactive. Instead of chasing sharp moves, a staggered allocation strategy with a medium- to long-term perspective is more prudent in the current environment. Maintaining diversification and focusing on fundamentally strong assets can help investors navigate near term fluctuations while staying aligned with the broader structural growth of the crypto market,” said Shekhar.

Vikram Subburaj, CEO of Giottus, advises that, with Bitcoin consolidating between $60,000 and $70,000, SIPs make sense only if staggered. Weekly or bi-weekly tranches reduce timing risk. Lump-sum entries near $68,000-$70,000 carry unfavourable risk-reward unless a clear breakout is confirmed. "Futures traders should stay light, keep leverage low, and respect $65,000 as the invalidation level. Range strategies work better than trend-chasing until price decisively clears $70,000 or loses $63,000."