Feb 25

$68,471.71

3.39%

Bitcoin is rallying over 4% as traders return to risk-on positioning following a multi-day selloff driven by tariff fears and macroeconomic uncertainty. The move comes as over $323 million in leveraged short positions were liquidated in 24 hours, triggering a powerful short squeeze that pushed BTC back above $68,000 intraday. Spot Bitcoin ETFs recorded $257.7 million in net inflows, signaling renewed institutional demand after weeks of sustained outflows. Market sentiment shifted sharply from extreme fear as traders covered bearish bets, though resistance remains near the 200-week moving average around $68,330—a critical long-term technical threshold that has historically acted as both support in bull markets and resistance during downturns. The rally follows days of pressure from President Trump's 15% global tariff announcements, Middle East tensions, and four consecutive months of losses for Bitcoin.