While Bitcoin remains below the supply zone around $90k, bulls have seen BTC bounce from lows of $82k hit on Wednesday as cryptocurrencies crashed . Despite the lingering economic concerns and tariffs, Bitcoin has reclaimed the $86k area. Several altcoins have also held up at key support levels, including Ethereum, XRP and Solana. However, showing greater gains on the day after bullish flips during the Asian trading session are Aptos (APT), Kaito (KAITO) and Stacks (STX). The overall crypto market outlook has the global market cap at $2.87 trillion and the daily volume at $159 billion. Meanwhile, the crypto fear & greed index is at 20 to suggest extreme fear. Per Coinglass data, the total liquidations in the past 24 hours is currently at $773 million, with rekt positions up by 83% during this period. BTC price outlook Earlier in the day, an analyst highlighted the potential for Bitcoin price to offer an even “juicier” opportunity with a drop to $75k . This outlook could materialize given the Bitcoin fear & greed index reading. Currently, this stands at 20, having moved up from 10 and signalling extreme fear. The huge outflows from Bitcoin ETFs – a seventh consecutive day of outflows – adds to the bearish perspective. Notable selling by BlackRock and other issuers is also worth watching. Solid Intel 📡 @solidintel_x · Follow INTEL: BlackRock transferred 5,100 $BTC ($441.88M) and 30,280 $ETH ($71.85M) to Coinbase Prime in the past 30 minutes 2:29 pm · 27 Feb 2025 280 Reply Copy link Read 66 replies However, despite these institutional outflows, analysts are bullish on BTC long term. One such take is by Changpeng Zhao, popularly known as CZ. In a tweet on Feb. 26, the former Binance CEO pointed to a post he made in 2020 about headlines screaming BTC crashes from $101,000 to $85,000. CZ predicts Bitcoin will surpass its ATH. CZ 🔶 BNB @cz_binance · Follow Waiting for the new headline: #Bitcoin “CRASHES” from $1,001,000 to $985,000.Save the tweet. 8:14 pm · 25 Feb 2025 642 Reply Copy link Read 95 replies According to CryptoQuant founder and CEO Ki Young Ju, panic selling as prices crash is “noob” behaviour. “A 30% correction in a Bitcoin bull cycle is common—it dropped 53% in 2021 and still recovered to an ATH,” the analyst noted . KAITO, Aptos and Stacks see gains The altcoin market has several tokens up in the past 24 hours, but the top gainers among the top 100 by market cap include KAITO, Aptos and Stacks. KAITO was up 30%, having hit an all-time high of $2.92 earlier in the day. Gains for KAITO came amid a surge in futures volume. Also notable for the AI altcoin is the momentum that cascaded from investor reaction to Nvidia’s earnings report. Stacks (STX) price also soared in early trading on Thursday. Per CoinMarketCap, STX price rose by 14% as price came close to $1. The token traded to highs of $0.9, with volume up 115%. Here’s more about why Stacks price surged today . Aptos (APT) rallied to $6.41 after bulls defended the $5 zone amid the broader market’s bloodbath on February 26. APT price rose after Bitwise filed an Aptos exchange-traded fund registration in Delaware. Read more here . While KAITO, Aptos and Stacks led the top 100 gainers, a number of altcoins recorded declines amid profit taking and panic selling. These include XDC Network (XDC) Quant (QNT) and DeXe (DEXE). Per CMC data, the altcoins were down more than 8% each in the past 24 hours. The post Crypto market update: BTC, KAITO, Aptos, and Stacks appeared first on Invezz
