On Saturday, February 21, 2026, Bitcoin surged to 7,970, up 1.6% on the day. Ethereum also rose, reaching ,968, a gain of 1.1%. However, BTC is still down 1.3% over the week, erasing some of its recent gains. This weekend session shows a dynamic crypto market, fueled by renewed interest from retail investors. The acceleration is attributed to a stable macroeconomic backdrop, where fears of a recession are temporarily fading. Traditional markets, such as the S&P 500, are also rising, creating a tailwind for cryptocurrencies. Bitcoin, in particular, is benefiting from an influx of liquidity as traders look to capitalize on positive volatility. Ethereum, while underperforming, is following the trend thanks to its role as a sector barometer. Despite today’s gains, the weekly decline of 1.3% serves as a reminder that the market remains fragile. Investors are keeping a close eye on the next Federal Reserve announcements, which could influence the direction of risk assets. For now, Bitcoin appears to be finding solid support around 7,000, but consolidation is possible before the next leg up. Short-term prospects will depend on the market’s ability to hold this level.
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