Bitcoin’s Price Falls Below $67,000 – XRP and Ethereum Experience Biggest Declines
February 27, 2026
Bitcoin’s value has plummeted below the $67,000 threshold, with XRP and Ethereum leading the downward trend. Analyst Ted Pillows noted that if Bitcoin had managed to sustain its position above $67,000, there was potential for a surge towards $72,000.
In the last 24 hours, the cryptocurrency market has experienced an overall decline of almost 2%, dipping below the $2.4 trillion mark. Despite efforts, Ethereum struggled to maintain a price point above $2,000, resulting in substantial losses among major cryptocurrencies. CoinGlass data indicated liquidations of nearly $260 million in the past day, primarily stemming from long positions.
Bitcoin’s price slid below $67,000 on a recent Friday morning, placing the apex cryptocurrency on a trajectory to conclude February with losses following declines in January. Experiencing a 2.3% reduction over the past 24 hours to approximately $66,800, Bitcoin observed fluctuations back to over $68,000 earlier in the day. Retail sentiment surrounding the cryptocurrency on Stocktwits transitioned from a ‘bullish’ stance to ‘neutral’ within one day.
Retail sentiment and message volume for Bitcoin on Stocktwits, as of February 27 at 5:40 a.m., resembled a downturn from the bullish phase. In February, Bitcoin is expected to record losses exceeding 15%, following a 10.17% loss in January. The digital currency has not witnessed successive losses in the initial two months of a year to this extent.
Analyst Ted Pillows pointed out a loss in critical support for Bitcoin. Had Bitcoin managed to sustain a price performance above $67,000, the currency could have potentially climbed above $72,000.
The overall crypto market slipped to approximately $2.38 trillion in value, marking a 1.9% drop in 24 hours. CoinGlass data revealed liquidations of around $260 million, predominantly impacting long positions. This comes before the impending wholesale inflation reading. Bridging into geopolitics, China extended full support to Iran amid apparent U.S. military threat concerns, following a productive third round of discussions between the U.S. and Tehran through Oman’s mediation.
Ethereum and Ripple’s XRP spearheaded the cryptocurrency losses, each witnessing over 3% decline. Ethereum observed a 3.8% drop in 24 hours, settling at around $1,992. Similarly, XRP’s price fell by 3.3% to approximately $1.40. Furthermore, DOGE, SOL, and ADA experienced reductions of more than 2%, while TRX and BNB showcased better performance compared to Bitcoin, albeit still registering minor setbacks.
