Tag: CRYPTOS FoxBusiness.

Based on the 30-day Market Value to Realized Value (MVRV) Ratio, Ethereum ($ETH) is mildly undervalued at -5.5%. Bitcoin ($BTC), $XRP ($XRP), and Chainlink ($LINK) remain neutral at -1.4%, -0.1%, and +3.3%, respectively. By contrast, Cardano (ADA) is mildly overvalued, with an MVRV ratio of +6.8%.

Source: Santiment

Bitcoin and the wider crypto market showcase a bullish trend reversal

The past day has seen an upward trend reversal in the broader cryptocurrency ecosystem, despite recent bearish momentum and sentiment.

Data shows that the average Moving Average Convergence Divergence (MACD) indicator has slightly surpassed its 9-day average, indicating a weak bullish momentum reversal.

$BTC was up 7.78% in the past day to trade at $69,050 as $ETH gained 13.31% to reclaim its $2,000 psychological level. Meanwhile, $XRP and $LINK gained +9.37% and 16.07%, respectively. Uniquely, Cardano has experienced a striking 20.07% upsurge to trade at $0.3115.

Source: CoinMarketCap

Events leading up to the recent crypto rally

Tech company Nvidia recently reported record-breaking earnings driven by demand in artificial intelligence (AI). Due to the strong correlation (98%) of crypto with the S&P 500, the news fueled renewed risk appetite in investors of both stocks and crypto.

Capital rotation from $BTC to altcoins has contributed to their recent rallies as investors seek higher returns from riskier assets. Bitcoin dominance is now at 58-60%, while the Altcoin Season Index reads 34/100, indicating a mixed market for Bitcoin and Altcoins.

This week, Bitcoin ETFs saw $257.7M in net inflows, effectively ending a five-week outflow streak.

Near-term market outlook

At press time, the overall crypto market cap totaled $2.38 trillion, having gained 7.50% in the last 24hours.

Should the current rally hold, the crypto market could test the $2.59T (50% Fibonacci) level. Falling below $2.35T (78.6% Fib) would indicate a loss in momentum, validating a weak bullish theory.

Bitcoin $BTC$68,329.60 snapped back near $69,000 on Wednesday, rallying more than 10% from Tuesday’s low as crypto markets staged a broad relief rally after a prolonged stretch of pessimism.

Ethereum’s ether (ETH), DOGE$0.1031, native tokens of Solana (SOL) and ADA$0.3010 all posted double-digit gains, extending a move that caught many traders leaning the wrong way.

Digital asset stocks, battered lower in the past months amid falling crypto prices, also enjoyed a relief rally. Stablecoin issuer Circle (CRCL) surged 34% after its earnings report, while crypto exchange Coinbase (COIN) jumped 14%. Strategy (MSTR), the largest corporate holder of bitcoin, climbed 9%, and the ether treasury firm BitMine advanced 12%.

The broad-based rally offered a welcome reprieve after weeks of persistent selling pressure and dread of a next leg lower.

Still, analysts cautioned that despite the sharp bounce across tokens and equities, crypto markets are not out of the woods yet, with key resistance levels and macro risks still looming.

While there was no immediate catalyst behind the Wednesday move, extreme fear and bearish positioning across crypto markets were prime conditions for a violent countertrend advance, according to Joel Kruger, market strategist at LMAX Group.

“Crypto assets have been heavily pressured in recent months and overdue for a technical bounce,” he wrote. “The market had built up a meaningful tactical short bias, leaving it vulnerable to sharp squeezes on limited headlines.”

Still, Kruger cautioned against calling the rebound the start of a durable uptrend yet.

“Given the abrupt nature of the rally and the absence of a clear trigger — particularly against the backdrop of thinner liquidity conditions — the advance should be treated with caution,” he said.

Chasing the rally

Joshua Lim, global co-head of markets at FalconX, said his desk is seeing heavy demand for bullish bets on ether in the options market. Specifically, traders are buying call options and call spreads in the $2,000–$2,200 range over the next two to three weeks, seeking to profit from further near-term upside.

Lim added that some funds are also “chasing this rally” by rotating into higher-volatility altcoins and using options to amplify potential gains — a sign that risk appetite has picked up quickly after the recent rebound.

Adding some complexity, roughly 115,000 $BTC options worth $7.49 billion will expire Friday at month-end. The so-called “max pain” — the price level where the largest number of options expire worthless — currently is at around $75,000, Wintermute OTC trader Jasper De Maere noted. The “max pain” point can sometimes act as a magnetic level into expiry, though dealer positioning appears weak, he said.

“Fundamental indicators still remain unconvincing that this strength will see much follow through,” De Maere added.

Levels to watch

Technically, bitcoin faces stiff resistance in the $70,000 and $72,000 zone, where recent rallies have stalled as sellers stepped in. Overcoming those levels would be the first challenge in turning the bounce into a durable move higher.

Bitfinex analysts also pointed to $78,000, where the “True Market Mean,” an onchain valuation metric to estimate bitcoin’s fair value based on actual capital flows into the network, currently sits.

That level must be reclaimed on a sustained weekly basis before the structural picture improves, Bitfinex analysts said.

Perplexity AI, the search-focused artificial intelligence company, today unveiled Perplexity Computer, a platform designed to consolidate multiple AI functions into a single system capable of handling projects from conception through completion.

Introducing Perplexity Computer.

Computer unifies every current AI capability into one system.

It can research, design, code, deploy, and manage any project end-to-end. pic.twitter.com/dZUybl6VkY

— Perplexity (@perplexity_ai) February 25, 2026

The new tool aims to let users conduct research, create designs, write code, launch applications, and oversee ongoing operations without switching between separate services.

Perplexity has steadily expanded its product suite over the past year. In late October 2025, the company introduced Perplexity Patents, an AI‑powered research tool that uses natural‑language queries to help users navigate global patent and intellectual property filings.

The firm also struck a partnership with Samsung to embed its technology across Galaxy devices as a voice-activated assistant branded “Hey Plex.”

On the commerce side, the company introduced an in‑app shopping feature that lets U.S. Pro users purchase products directly through Perplexity, powered in part by integrations with platforms such as Shopify.

Perplexity has abandoned its advertising experiments in favor of a subscription‑centric revenue model, which executives say better supports user trust and the perceived neutrality of its answers.

Bitcoin surged more than 6% on Wednesday, climbing past $68,000 as a broader crypto rebound swept through the market.

The rally lifted major altcoins, with Ethereum rising nearly 11% to around $2,050, Solana gaining 11% to $88, and XRP advancing 7.5% to near $1.45. Filecoin led large-cap gainers, up 23% in the past 24 hours, followed by Polkadot at 22% and Aptos at 19%.

The move coincided with strength in equities. The S&P 500 gained 0.7% by midday, while the Nasdaq rose 1%, signaling renewed correlation between crypto and traditional markets after a period in which digital assets moved largely in isolation and primarily to the downside.

Commodities also advanced, with gold up 1.3%, surging past $5,200, and silver surging 4.2% to reclaim the $90 level.

The rally triggered nearly $80M in liquidations in the past hour and more than $429M over the past 24 hours, the majority tied to short positions, according to Coinglass data.

Crypto-related equities followed spot prices higher after Circle reported earnings that beat expectations earlier in the day.

Circle shares jumped more than 28%, while Coinbase gained 13%, Figure rose 12%, and Galaxy advanced 8%. Crypto treasury companies also moved higher, with Strategy up 8%, BitMine up 12%, and SharpLink up 12%. Miners posted gains as well, with WULF up 5%, MARA up 9%, and CleanSpark up 4%.

Nvidia(NVDA), the world’s largest public company by market value and bellwether for the AI sector, once again topped Wall Street expectations for the fourth quarter, reporting results after the close of U.S. markets on Wednesday.

The chipmaker beat estimates, reporting revenue of $68.1 billion, a 73% increase from a year earlier, as continued AI-related capital spending fueled strong demand for its chips. It also reported adjusted earnings per share of $1.62, beating estimates. Wall Street analysts expected Nvidia to report approximately $66.1 billion in revenue and $1.54 in adjusted EPS, according to FactSet data.

Shares rose nearly 3% in post-market trading on Wednesday following the earnings release.

Investors are now focused on guidance. Nvidia expects first-quarter revenue of around $78 billion, up from analyst expectations of $72.9 billion, setting the tone for the next phase of AI-driven growth.

The chip-making giant also said that its Data Center revenue for the fourth quarter was a record $62.3 billion, up 75% from a year ago and up 22% from the prior quarter, driven by the “major platform shifts – accelerated computing and AI.”

Following the results and outlook, bitcoin remained at session highs around $69,500 after a 10% rally from Tuesday’s lows. AI-focused crypto tokens such as Bittensor (TAO) and Internet Computer (ICP) added to their gains.

Crypto miners, increasingly linked to AI and high-performance computing infrastructure, also saw modest gains following Nvidia’s report. IREN (IREN), Cipher Digital (CIFR), and TeraWulf (WULF were 1%-2% higher in after-hours trading.

The company will host a conference call at 5 p.m. ET, where investors will be listening closely for further signals on the next phase of the AI infrastructure buildout.

Solana flipped a downside range break back into support after a quick sweep on both sides of the range. Meanwhile, traders pointed to bullish divergence signals that could grow across higher timeframes if support holds.

Solana reclaims breakdown after range sweeps, analyst flags bullish divergence

Solana traded near $78 on Coinbase’s 4 hour SOLUSD chart after price swept both sides of a recent range and then reclaimed a break to the downside, according to crypto trader Bluntz Capital, who posts on X as @Bluntz_Capital. The latest candle in the screenshot showed $SOL at about $78.27, up roughly 1.25% on the session, after earlier trading between about $77.23 and $78.56.

Solana U.S. Dollar 4 hour chart (SOLUSD, Coinbase). Source: TradingView / X

The chart showed Solana still below key moving averages, with the 50 period simple moving average near $82.67 and the 100 period near $83.50, while the 200 period sat much higher around $96.88. Inside the marked range box, price pushed below the lower boundary before snapping back, a move the analyst described as a reclaimed breakdown following a liquidity sweep.

Bluntz said the setup includes a bullish divergence on the 4 hour timeframe and argued it could extend into a daily bullish divergence and later a 3 day signal. He added that sentiment on “crypto TL” has turned gloomy during the pullback, while he described the sharper capitulation move as occurring a little more than two weeks earlier.

Solana holds $75 support as analyst maps rebound toward $100

A 12 hour $SOL/USDT chart on Binance showed Solana trading inside a defined accumulation range, with repeated defenses near the $75 area and capped moves below a resistance band just under $90, according to analyst CryptoCurb, who posts on X as @CryptoCurb. The chart marked several downside probes that held near the lower boundary, followed by rebounds back into the range, a structure the analyst framed as sustained support.

Solana Tether 12 hour chart (SOLUSDT, Binance). Source: TradingView / X

The visual also showed two failed pushes near the upper boundary of the range, where price rolled over after testing the same resistance zone. Inside the boxed area, price oscillated between the range low near the mid $70s and the upper band just below $90, signaling compression after a broader downtrend that unfolded earlier in the month. The setup highlighted a pause in directional momentum after the prior selloff.

CryptoCurb wrote that holding the $75 area keeps the path open for a move back toward the $100 region. The chart overlaid a projected path that curves higher after a final dip inside the range, then accelerates once price clears the upper boundary. The projection reflects the analyst’s roadmap rather than confirmed price action and shows how a breakout from the accumulation zone could develop if support continues to hold.

Adam Lynch, Director of Financial Modeling at the Schwab Financial Research Center, assessed the recent developments in the Bitcoin (BTC) chart. Noting that Bitcoin is trading around $69,000 with a 5% weekly increase, Lynch specifically highlighted the $65,000 range.

According to Lynch, this level has repeatedly acted as both support and resistance in the past. Investors are waiting for sustained closes above or below this level to confirm the direction of the trend. There is a significant accumulation of leverage in this price zone; a drop below $65,000 could trigger a sell-off.

Ark Invest CEO Cathie Wood assessed Bitcoin’s recent underperformance by comparing it to gold. According to Wood, this situation stems from systematic algorithmic models that code the cryptocurrency as a “high-beta risk asset” rather than a store of value. However, Wood reiterated that the overall uptrend remains unbroken and that she sees volatility as an opportunity.

Another noteworthy topic in the program was Elon Musk’s AI model Grok 4.2 Heavy’s Bitcoin prediction. According to the AI model, which ranks highly in live trading competitions, the Bitcoin price expectations are as follows:

• End of 2026: $155,000.
• Peak price in 2027: $240,000.

Grok points to expansion in the money supply, increased liquidity, ETF inflows, and regulatory clarity as the main drivers of this rise.

*This is not investment advice.