The last week of February 2025 started off on a lower note compared to those of other years. BTC for instance is set to record only the third February in its history to close off with a price drop. With the coin recording over 10% drop on the monthly chart, this could become the second largest drop at the end of February throughout BTC’s history.
However, it’s not only BTC that is facing a hard time. Yesterday (Feb. 25, 2025) saw most cryptocurrencies dip massively resulting in over $1.5 billion liquidations. This is the largest crypto liquidation in 2025. With the current market conditions the crypto crowd is bearish on top digital assets. Let’s explore how BTC, ETH, XRP and SOL are performing!
Extreme FUD and Bearish Sentiment Prevail in the Crypto Market
After the recent price drops in top cryptocurrencies, extreme fear, uncertainty, and doubt (FUD) has kicked in amongst investors. According to a recent post by Santiment, “the [crypto] community’s sentiment levels are essentially at rock-bottom.” This is clearly indicated by the extreme crowd bearishness on Bitcoin, Ethereum, XRP and Solana.
The prevalent bearish sentiment means that the crypto community expects prices of these cryptocurrencies to drop further. As per historical data, when the FUD rises notably and a significant number of investors start to panic-sell, the market could experience a massive downturn.
BTC Recovers Slightly After Falling To $86K
The price of BTC dropped to the $86,220.05 level after breaching the support $86K yesterday. This incident caused market-wide panic as holders engaged in massive sell-offs in fear of prices dipping further. However, today the price of BTC has recovered and is headed to the 90K level.
As of the time of writing, BTC is trading at $89,111.54 with a slight 1.30% surge on this day. This performance can be attributed to bulls gaining power which is crucial to avoid significant price corrections.
In an X post on Feb. 25, 2025, the CEO of Binance Richard Teng remarked that yesterday’s dip was a “tactical retreat, not a reversal.” According to Teng, BTC could back even stronger owing his statements to historical data and increased institutional adoption around BTC.
However, Arthur Hayes has predicted that Bitcoin could drop to the $70K price level. Traders should thus keep an eye on the market to determine their next move despite the recent surge in BTC’s price.
ETH is Up Over 3%, XRP Tops Top 10 Coins Pump and SOL Holds Strong
After the recent surge in the price of BTC, the altcoins are also not left behind. In fact, top altcoins including ETH, XRP and SOL are performing better than BTC today. Ethereum for instance has recorded over 3% surge on the day. Currently, the coin is trading at $2,487.02 which is a 3.47% pump according to live data on Coinmarketcap.
Additionally, XRP the number #4 crypto by market cap is topping all the top 10 coins by market cap today. XRP has recorded an impressive surge on the day with the coin recovering from yesterday’s dip. XRP is currently trading at $2.30 with a 7.44% surge on the Wednesday Feb 26th session.
Solana is holding strong after the recent dip with a rather good performance. SOL has been faced off with massive uncertainty after the rise of pump-and-pump schemes on the ecosystem and memecoin frenzy fade. However, the coin has shown potential for recovery.
Data on Coinmarketcap shows that SOL is currently trading at $141.00. This price level indicates a 3.06% surge on the day. If Solana bulls gain control, Solana could continue its good performance aiming for the $200K mark. Otherwise the price of Solana could retreat further. 
Generally, the crypto market has shown signs of recovery despite the crowd flipping extremely bearish yesterday. If BTC, ETH, XRP and SOL continue to pick up pace, a recovery will follow across the market. But favorable market conditions must prevail for this to happen.
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