🗞️Crypto Daily | 02/28/2026

1️⃣ Cryptocurrency Market Developments
• Bitcoin (BTC): Trading around $65,224 – $68,116, down approximately 0.6% – 2.2%. BTC is trying to maintain the $65,000 support zone after selling pressure related to trade policies and geopolitical news.
• Ethereum (ETH): $1,931.48 (-4.7%), under stronger correction pressure than BTC.
• Market capitalization: Fluctuating between $2.11 trillion – $2.26 trillion, slightly down from the previous day.
• Derivative liquidations: Nearly $600 million liquidated due to high volatility.
• Fear & Greed Index: 11 – 14 points (Extreme Fear), indicating a highly defensive sentiment after BTC lost nearly 50% from its peak of $126,000 (10/2025).
2️⃣ Global News Impacting the Market
• US Trade Tariffs: President Donald Trump announced a 15% retaliatory tariff on many trading partners → triggering a “risk-off” sentiment, with capital flowing into gold.
• Fed Personnel: Nomination of Kevin Warsh to replace Jerome Powell as Chair of the Federal Reserve (Fed) raised concerns over a more hawkish monetary policy.
• Geopolitics: The US continues military deployments toward Iran, increasing regional instability.
• Legislative Pressure: The CLARITY Act in the US faces a deadline on 1/3, potentially marking a major milestone in crypto regulation.
3️⃣ Other Notable Crypto News
• XRP Ledger Patch: XRP Ledger successfully fixed a critical vulnerability, preventing an $80 billion exploit risk.
• MEV Capital Crisis: MEV Capital fund lost 80% of assets under management after the depeg shock of deUSD.
• SUI Unlock: On 03/01, approximately 53.8 million SUI (~$50 million) will be unlocked → potentially creating short-term supply pressure.
• ETF Accumulation: US Bitcoin ETF funds recorded net inflows of about $1.1 billion over the past 3 days, indicating institutional buying at low prices.
• Vietnam Crypto Exchange Pilot: Authorities are required to launch a pilot for a digital asset exchange before 02/28/2026, opening a new phase for the domestic market.
• Bitcoin Mining Company Linked to Donald Trump Family Reports a $153 million Loss in 2025, reflecting dual pressures from falling BTC prices and rising operational costs.
⚠️ The market is in a highly sensitive state: negative macroeconomic factors + extreme fear sentiment, but ETF capital flows and technical correction activities indicate that the long-term foundation has not completely weakened.