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Bitcoin Clings to $62.5K as Bearish Pressure Tightens Its Grip

Bitcoin is trading at $62,693 on Feb. 24, 2026, at 9 a.m. EST, clinging to a critical support band as

On Tuesday, bitcoin slid to an intraday low of $72,863 per coin, at one point sending Strategy’s shares down as

Bitcoin’s price is currently parked at $89,417 with a market cap standing at $1.78 trillion. Over the last 24 hours,

The cryptocurrency has recovered somewhat, after a tumultuous weekend that saw it plunge as low as $112K on Saturday. BTC

Key Takeaways Bitcoin remains above $100,000 ahead of the FOMC meeting. Fears of hawkish comments from Fed Chair Powell fuel