Bitcoin and Ethereum spot ETFs recorded strong net inflows on February 25, while Solana and XRP funds also saw capital inflows.
As Bitcoin (BTC) climbed to $70,000 before pulling back, altcoins such as Ethereum (ETH), Solana (SOL), and Cardano (ADA) led the strongest rebound rally seen in weeks, signaling a potential market rotation.
The Head of Research at CryptoQuant stated that Bitcoin spot demand has increased for the first time since late November.
Terraform Labs’ liquidator Todd Snyder filed a lawsuit against Jane Street, alleging insider trading ahead of the Terra collapse.
Former Ethereum treasury-themed company ETHZilla announced it will rebrand as Forum Markets following a sharp decline in its stock price and begin trading on Nasdaq under the ticker FRMM starting March 2.
Bitcoin is trading at $68,200, while Ethereum is trading at $2,064.
The Fear and Greed Index stands at 16, indicating extreme fear.
Developments expected during the day:
General Market Data: The Eurozone annual inflation (CPI) data will be released.
