Crypto Market Plunges 4.4% to $2.23T as Bitcoin, Ethereum and XRP Prices Fall
ByAinvest
Monday, Feb 23, 2026 7:28 am ET1min read
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The cryptocurrency market fell 4.4% to $2.23T, with Bitcoin, Ethereum, and XRP leading the decline. Bitcoin dropped nearly 5% to around $64,800, triggering $240M in liquidations. The downturn has wiped out over $1T in market value over 139 days, with spot Bitcoin ETFs seeing notable outflows. Elevated leverage in the derivatives market and a risk-off rotation have contributed to the decline.
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