Bitcoin Rebounds Above $68K as ETF Inflows Spark Crypto Rally

Thu Feb 26 2026
Jim Andrews (728 articles)
Bitcoin Rebounds Above $68K as ETF Inflows Spark Crypto Rally

The cryptocurrency markets have shown a robust recovery in the last 24 hours, with price movements indicating a combination of structural accumulation and tactical short covering. Bitcoin made a strong comeback from the $62,000 demand zone, climbing back into the $68,000–$70,000 range. This surge was bolstered by $257 million in net inflows into spot Bitcoin ETFs, marking the largest influx since January. Analysts noted that the momentum was further amplified by over $400 million in short liquidations, contributing to the upside squeeze. Ethereum mirrored the trend, successfully reclaiming the $2,000 mark as momentum expanded throughout the market. Strength surged through the altcoin complex, with Cardano, Solana, BNB, XRP, and Hyperliquid climbing by as much as 8 percent. Analysts pointed to an improving global risk appetite, robust macroeconomic data, and positive tech earnings as the driving forces behind the rebound. “Improving global risk appetite, stabilizing bond yields, and expectations of more accommodative financial conditions support liquidity-sensitive assets, including crypto,” stated Riya Sehgal.

Gracy Chen highlights that crypto markets are on the lookout for more definitive macro catalysts. In a reflection of the prevailing market mood, Akshat Siddhant stated, “Bullish developments like the Coinbase Bitcoin Premium Index flipping positive and over $257 million inflows into Bitcoin ETFs have boosted investor confidence. Robust macroeconomic indicators and positive earnings reports from the tech sector have further bolstered investor risk appetite”. Despite the recent gains, Siddhant highlighted that Friday’s $10.5 billion monthly BTC options expiry could dictate the market’s next direction. “A close above $73,500 would strengthen the case for a sustained uptrend, while $65,000 continues to act as a solid support base,” stated Siddhant.

At the latest update, BTC was observed trading 3.78 percent higher at $68,105.94, accompanied by a 24-hour trading volume of $51.76 billion, as reported. The session saw fluctuations between $64,767 and $69,953. The asset is currently trading at 46 per cent below its all-time high of $126,198, which was achieved on October 7, 2025. Sehgal notes that Bitcoin encounters resistance in the range of $69,000 to $72,900. A breakout above this range could propel prices toward $74,000, whereas a rejection might lead to near-term consolidation or a pullback to the $66,000 support level. Bitcoin’s recent correction prompts a need for strategic decisions regarding risk, allocation, and investment horizon. Ethereum, on the other hand, held strong at the $1,800 demand zone and successfully reclaimed the $2,000 level.

In the latest update, ETH has surged by 7.43 percent, now trading at $2,049.59, accompanied by a robust 24-hour trading volume of $27.12 billion. The cryptocurrency fluctuated within a range of $1,878.85 to $2,145 throughout the specified timeframe. Sehgal noted that for Ethereum, the $2,100–$2,220 range will serve as the next resistance zone. However, she warned that the sustainability of the rally hinges on ongoing institutional inflows, macroeconomic stability, and the market’s capacity to handle overhead supply. “The structure points to market resilience, though confirmation above key resistance is needed for broader bullish continuation,” stated Sehgal.

Jim Andrews

Jim Andrews

Jim Andrews is Desk Correspondent for Global Stock, Currencies, Commodities & Bonds Market . He has been reporting about Global Markets for last 5+ years. He is based in New York