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Bitcoin Struggles Below $65K Amid Weak Demand, ETFs Outflow

2/23/2026

Summary

Story summary

Bitcoin trades below $65,000 as of Monday, signaling ongoing price weakness after earlier highs.
The cryptocurrency's market capitalization has fallen to $1.3 trillion from a peak of $2.5 trillion in October.
Institutional demand is weakening, with Bitcoin ETFs posting five consecutive weeks of outflows totaling $3.8 billion.
Strategy announced its 100th Bitcoin purchase, signaling long-term confidence despite rising tariffs and geopolitical tensions.

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Story summary

Bitcoin trades below $65,000 as of Monday, signaling ongoing price weakness after earlier highs.
The cryptocurrency's market capitalization has fallen to $1.3 trillion from a peak of $2.5 trillion in October.
Institutional demand is weakening, with Bitcoin ETFs posting five consecutive weeks of outflows totaling $3.8 billion.
Strategy announced its 100th Bitcoin purchase, signaling long-term confidence despite rising tariffs and geopolitical tensions.