The post Top 3 Reasons Why Crypto Market is Down Today (Feb. 22) appeared on BitcoinEthereumNews.com.

The crypto market has dropped today, as its overall capitalization reduced by approximately 1.74% to 2.31 trillion. The decline was preceded by drop in Bitcoin price following sales by miners and market sentiment remaining in extreme fear zone. There was a decrease in altcoins prices, an indication of low capital rotation from Bitcoin and less risk-taking by investors. Bitcoin Low Pushes Broader Crypto Market Down According to data from CoinMarketCap, Bitcoin dominance is above 58%, confirming its role as the main driver of the wider crypto market. The negative momentum increased after an announcement by miner Bitdeer that it had sold its weekly production of about 189.9 BTC. This contributed to the circulating supply of the token. Source; CoinMarketCap The company showed no BTC being on its balance, except for customer deposits. This implies complete movement of mined production to market supply. In his response, the CEO of the company, Jihan Wu, said that the zero balance for Bitcoin does not imply that the company will never own BTC in future. The Bitdeer announcement happened together with outflows from U.S. spot Bitcoin ETFs. Data provided by SoSoValue recorded negative net flows of $315.86 million this past week, which suggested a reduction of risks from institutions. Bitdeer stock price has continued its fall today, after it recorded losses over the past two days. Per TradingView data, BTDR stock traded at $7.78 or more than 2.0% and nearly 28% in the previous day and five days. This comes after the Bitcoin miner announced plans to raise up to $315 million and the company intends to utilize part of the net proceeds to expand its AI business. The stock price crash happened after the announcement of a $300 million convertible senior note by the miner. This move triggered stock dilution fears because holders…

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Filed under: News - @ February 22, 2026 8:04 pm