Weekly crypto market analysis from Fixygen
24.02.2026 22:38
According to Fixygen, the crypto market spent the week in a mode of restrained correction and sideways movement. Bitcoin fell by approximately 1.9% over the period, from $68,978 to $67,700, maintaining a trading range of $65,740-70,167. Ethereum fell by approximately 2.0% over the same week, from $1,998.79 to $1,957.86, with a range of $1,907.76-2,037.08.
As of February 22, CoinMarketCap estimated Bitcoin's capitalization at $1.35 trillion at a price of about $67,660, and Ethereum's capitalization at $236.3 billion at a price of about $1,957.8. Trading volumes indicated the dominance of stablecoins in circulation: USDT had about $42.19 billion per day, which is significantly higher than the total turnover of BTC and ETH for the same period.
The main factors of the week were continued tension around capital flows into crypto instruments and cautious risk appetite. The market discussed protracted outflows from US spot Bitcoin ETFs and deteriorating sentiment amid macroeconomic uncertainty. At the same time, by the end of the week, Bitcoin showed relative stability at around $68,000, even amid news of tariff initiatives in the US.
The news agenda also highlighted the topic of stablecoin regulation and sanctions compliance. The Financial Times wrote about the European Commission's proposal to expand the sanctions regime and effectively ban crypto transactions related to Russia, including references to specific payment solutions and stablecoin projects. Against this backdrop, on February 16, CoinDesk took a detailed look at the case of the ruble-pegged stablecoin A7A5 and its attempts to scale up amid sanctions pressure.
According to Fixygen, the market will assess how resilient demand is after a series of outflows from ETFs, how quickly risk appetite responds to trade tariff signals, and new regulatory steps in the US and EU.