Crypto Price Today: Bitcoin Holds $68,528 While Ethereum Jumps to $2,061

ETF inflows and rising trading activity are bringing fresh energy back into the market

The crypto market is showing signs of recovery today. After a period of weakness and heavy selling, prices are moving higher again. Strong buying interest and fresh inflows into exchange-traded funds are helping major coins gain ground. At the same time, global economic concerns continue to keep traders cautious.

Bitcoin Price Movement

Bitcoin is trading around $68,528 at the time of writing. During the day, the price touched a high of $69,783 and dropped to a low of $64,794. This shows that volatility remains high. The daily gain stands at roughly 4.5% compared to the previous close.

In India, Bitcoin is trading between Rs. 62.3 lakhs and Rs. 62.8 lakhs, depending on the exchange. The recovery above the $68,000 level has improved short-term sentiment. Analysts are closely watching the resistance zone between $69,000 and $72,900. A clear move above this range could signal stronger bullish momentum in the coming sessions.

Recent data shows that inflows into Bitcoin ETFs have supported the rebound. The Coinbase Bitcoin Premium Index has also turned positive, which suggests stronger demand from US buyers. Despite the bounce, market fear indicators still show “extreme fear,” meaning confidence has not fully returned.

Ethereum Shows Strength

Ethereum is trading near $2,061. The intraday high reached $2,131, while the low touched $1,881. The coin has gained more than 8% in the last 24 hours. In Indian markets, Ethereum is priced between Rs. 1,87,000 and Rs. 1,92,000. 

Although short-term performance looks strong, Ethereum has fallen more than 25% over the past month on a dollar basis. Whale selling and cautious trading have added pressure in recent weeks. However, activity in the NFT sector has started to rise again, especially on Ethereum and Solana networks. Higher NFT trading volumes often suggest renewed interest in decentralized applications.

Investors are watching key support levels carefully. Stability above recent lows could help build confidence for a broader recovery.

Altcoins Join the Rally

Several big altcoins are rising along with the broader market. XRP is trading between Rs. 130 and Rs. 132 in India, showing gains of about 7 to 9% in the last 24 hours. Solana has climbed more than 10%, making it one of the top performers of the day. Dogecoin is up nearly 8 to 9%, showing stronger buying interest.

BNB has also moved higher as the overall trend stays positive. Many mid-sized tokens are rising faster than Bitcoin in percentage terms. This often happens when the market starts to recover and traders look for bigger gains in smaller coins.

Market Sentiment and Global Factors

Even though prices are going up today, the overall mood is still cautious. Fear indicators show that many investors are still nervous. Global economic problems, tariff worries, and questions about interest rates continue to affect risky assets like crypto.

Bitcoin’s price is still closely linked to stock markets, especially technology shares. Strong earnings from big tech companies have helped support crypto prices. But if global markets fall suddenly, digital assets can also drop quickly due to this connection.

The total value of the crypto market has improved compared to earlier in the week. However, trading volumes show that many investors are still waiting before making large moves.

Regulatory and Industry Developments

In India, the Orissa High Court has asked the government to clearly explain the legal position of cryptocurrencies. The court wants detailed information about rules and enforcement actions. This shows that the debate about crypto regulation is still ongoing.

There is also attention on a report from blockchain investigator ZachXBT about a possible insider trading case. The report is expected on February 26. Any major findings could affect short-term market confidence.

Outlook for the Coming Days

Today’s crypto market looks slightly positive. Bitcoin moving above $68,000 has helped improve short-term confidence. Ethereum and many altcoins are also showing strong gains today. ETF inflows and better price signals have helped the market move higher.

However, fear in the market is still high. Global risks can cause prices to change quickly. If Bitcoin moves above important resistance levels, the upward trend could become stronger. If not, prices may keep moving up and down for some time.

Right now, this looks like a good recovery attempt. The next few days will decide whether the market continues to rise or if this is only a short-term bounce.