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Bitcoin Tests 63K: 2026 Structural Pivot or an RWA Entry Opportunity

? On February 24, 2026, Bitcoin dipped to 63,000, testing a key support level amid widespread panic in the cryptocurrency market. The Crypto Fear & Greed Index plunged to 5–8 (“extreme fear”), while outflows from spot BTC ETFs exceeded 3.8 billion over the past five weeks. In simple terms: investors are acting like folks in a storm—ditching everything risky (crypto, stocks) and heading for sturdier shelters (the dollar and gold). The daily drop was 3–5%, extending the slide from highs above 125,000. The main trigger? Uncertainty surrounding new global tariff policies (introduction of 10–15% duties on key commodity groups, according to the latest data from Bloomberg and Reuters). This sparked mass de-risking (exiting risky assets into cash) across all financial instruments https://crypto-jazz.com/market/2026/02/24/bitcoin-price-support-63k-2026/

Bitcoin Tests 63K: 2026 Structural Pivot or an RWA Entry Opportunity?

On February 24, 2026, Bitcoin dipped to 63,000, testing a key support level amid widespread panic in the cryptocurrency market. The Crypto Fear & Greed Index plunged to 5–8 (“extreme fear”), while outflows from spot BTC ETFs exceeded 3.8 billion over the past five weeks.

In simple terms: investors are acting like folks in a storm—ditching everything risky (crypto, stocks) and heading for sturdier shelters (the dollar and gold). The daily drop was 3–5%, extending the slide from highs above 125,000. The main trigger? Uncertainty surrounding new global tariff policies (introduction of 10–15% duties on key commodity groups, according to the latest data from Bloomberg and Reuters). This sparked mass de-risking (exiting risky assets into cash) across all financial instruments

https://crypto-jazz.com/market/2026/02/24/bitcoin-price-support-63k-2026/