Odaily Planet Daily reports that on February 25th, the crypto market experienced one of its strongest single-day rebounds recently, with Bitcoin, Ethereum, and Solana all rising collectively, driving the overall crypto market capitalization up by about $170 billion, nearing a total market cap of $2.5 trillion.
Market data shows that Bitcoin briefly broke the $70,000 mark, Ethereum increased by over 13%, and Solana surged by more than 15%. This rebound ended the ongoing correction trend since the high point in October last year.
Market analysts believe that this rise is related to the recent insider trading lawsuit against market maker Jane Street. Some crypto market commentators have pointed out that over the past few months, there have been suspected daily sell-offs of Bitcoin around 10 a.m. Eastern Time, but after the lawsuit news was announced, this pattern seemed to suddenly stop.
However, there is currently no public evidence to suggest that Jane Street has systematically sold Bitcoin at fixed times. Nonetheless, the market generally believes that the expectation of reduced selling pressure has boosted investor sentiment in the short term.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
CleanSpark Sells 553 BTC for $36.6M in February as Miners Dump Bitcoin
Bitcoin (CRYPTO: BTC) miners faced a dual dynamic in February: cash-flow optimization through asset sales alongside aggressive capacity expansion to support AI-enabled data-center workloads. CleanSpark reported selling 553 BTC from its February production for roughly $36.6 million while mining 568 B
CryptoBreaking1h ago
Ripple Expands Institutional Trading With Coinbase Derivatives BTC, ETH, SOL, and XRP Futures
Ripple added Coinbase BTC, ETH, XRP and SOL futures to Ripple Prime, its platform that cleared more than $3 trillion in 2025.
Trades are processed through Nodal Clear, giving institutions 24/7 access to CFTC-regulated crypto futures in the U.S.
Ripple has added Coinbase Derivatives’
CryptoNewsFlash2h ago
Bitcoin Slips to $68,000 as Middle East Conflict and US Jobs Data Trigger Sell-Off
Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures.
Wiping out the ‘War Gains’
Bitcoin’s midweek resilience
Coinpedia3h ago
