According to the Ethereum Rainbow Chart's February 28, 2026 reading, ETH's potential range spans roughly $1,011 to $22,767 across color-coded valuation bands. As of press time, Ethereum traded at $2,009, up over 4% in 24 hours but down more than 13% on the week. With price near $2,000 on February 8, the token sits in the "Accumulate" band.

On February 7, Bloomberg Intelligence's Mike McGlone warned on X that Bitcoin's move below $70,000 points to mean reversion toward a heavily traded $64,000 area. He flagged $64,000 as a key support level based on repeated tests and concentrated volume. BTC was at $69,464, up ~2% over 24 hours but roughly -11% on the week.

Between February 2 and February 6, 2026, BlackRock's spot Bitcoin and Ethereum ETFs recorded a combined net outflow of about $343.3 million amid heightened crypto market volatility. Over the same period, its IBIT Bitcoin fund lost roughly $191.3 million, while the ETHA Ethereum product saw around $152 million in redemptions as Bitcoin fell below $65,000 and Ethereum struggled to stay above $2,000.

Prediction markets indicate Bitcoin is most likely to end February 2026 near $75,000, with a 54% implied probability and a tilt toward consolidation rather than a breakout. Downside paths to $60,000 and $55,000 are priced at 42% and 23%, while outcomes above $100,000 carry single-digit odds. After a sharp sell-off and a rebound above $70,000, BTC recently traded around $68,314.

XRP rebounded over the past 24 hours, with its market capitalization rising from $77.86 billion to $89.14 billion as more than $11 billion flowed back into the token. During the same period, XRP climbed to around $1.46 after briefly dropping below $1.15, while on-chain data indicated heightened whale transactions and a spike in active addresses.

Over the past week, according to CoinMarketCap, XRP's valuation fell from $117.32 billion to $97.31 billion as the token traded near $1.59, down more than 17%. The coin also sits beneath its 50-day SMA at $1.94 and 200-day SMA at $2.44, with a 14-day RSI of 29.27 indicating oversold conditions.

By February 28, 2026, the Bitcoin Rainbow Chart, a logarithmic valuation model, maps BTC's potential price between roughly $41,800 and $459,000 across multiple risk bands. The framework marks "Basically a Fire Sale" at $41,800–$54,700 and "BUY!" at $54,700–$73,700, while a fair-value area near $120,000–$160,000 sits in the upper "Still cheap" and lower "HODL!" zones. With Bitcoin trading around $76,027 on February 4 after a weekly drop of nearly 15%, the asset remains below its 50-day and 200-day SMAs despite a deeply oversold 14-day RSI near 26.

On February 2, Michael Burry warned that Bitcoin's drop below the $80,000 support level could set off a cascading "death spiral" across crypto-linked assets and tokenized precious metals. He argued that Bitcoin now behaves like a risk asset correlated with equities, leaving leveraged positions, corporate treasuries and miners vulnerable to further declines.

Dogecoin has seen its millionaire-address cohort shrink at the start of 2026. On January 1, 2026 there were 1,052 wallets worth at least $1 million; by February 2, 2026 the count fell to 950, a 9.7% drop. Over the same span, DOGE is down nearly 15% year to date, trading at $0.11.