Market Overview
In the past 24 hours, the price of Bitcoin (BTC) fell by about 0.3% compared with the previous day, opening at $96551.01 and closing at $96258.00. The highest price in 24 hours was $96650.00 and the lowest price was $95227.94. The current market value of Bitcoin is $1.90 trillion, accounting for 60.0% of the total market value of cryptocurrencies, up about 0.17% from the previous day.
In the past 24 hours, the price of Ethereum (ETH) rose by about 2.04% compared with the previous day, opening at $2763.23 and closing at $2819.69. The highest price in 24 hours was $2857.34 and the lowest price was $2819.69. The current market value of Ethereum is $336.9 billion, accounting for 10.6% of the total market value of cryptocurrencies, up about 1.92% from the previous day.
In the past 24 hours, 21 of the top 100 virtual currencies by market value rose and 79 fell. The top three currencies with the largest increases were S (8.57%), INJ (3.90%), and HNT (3.09%). The top three currencies with the largest decreases were RAY (17.66%), IP (13.19%), and HYPE (6.93%).
ETF Data
As of press time, the total assets under management of the US Bitcoin spot ETF is $110.8 billion, the total trading volume in the previous week was $10.72 billion, and the total outflow of funds in the trading week was $559 million. The total assets under management of the US Ethereum spot ETF is $9.98 billion, the total trading volume in the previous week was $1.39 billion, and the total inflow of funds in the trading week was $1.61 million.
As of press time, the total assets under management of the Hong Kong Bitcoin Spot ETF are $421 million, the total trading volume in the previous week was $10.19 million, and the total Bitcoin outflow in the trading week was 19.03 BTC. The total assets under management of the Hong Kong Ethereum Spot ETF are $55.29 million, the total trading volume in the previous week was $4.37 million, and the total Ethereum outflow in the trading week was 401 ETH.
In the past 24 hours, there were 4 transactions on the chain with a single transaction of more than 1,000 BTC, with a total amount of about 489 million US dollars, an increase of about 1.45% from the previous day, mainly flowing to exchanges and wallet addresses. In the past 24 hours, there were 36 transactions on the chain with a single transaction of more than 10,000 ETH, with a total amount of about 1.7 billion US dollars, an increase of about 159% from the previous day, mainly flowing to exchanges.
The current number of active addresses on the Bitcoin chain is about 510,000, and the current number of active addresses on Ethereum is about 1.91 million. The top 100 Bitcoin addresses account for 14.89% of the total holdings, a 0% increase from the previous day, showing no trend of institutional reduction. The top 100 Ethereum addresses account for about 69.5% of the total holdings, a 0.05% increase from the previous day, showing a trend of institutional increase.
Recently, Lazarus Group attacked Bybit, causing the loss of more than $1.4 billion in cryptocurrencies. Bybit coordinated with all parties and successfully froze $42.89 million. Pump.fun also removed the relevant Meme coins. Bybit issued a wallet API blacklist to recover the funds, and obtained about 446,900 ETH through multiple channels to make up for the funding gap. On February 24, the hacker transferred assets from the old and new addresses successively, and the sales mode was stable. eXch was suspected of money laundering and did not cooperate. Tether strategy and VanEck consultant Gurbacs also proposed three security improvement thoughts on the incident.
In the 2025 Super Bowl in the United States, cryptocurrency company advertising has dropped significantly, which is a stark contrast to the situation that dominated the airwaves in 2022. However, this does not mean that they have lost their appeal to sports fans. Since 2025, cryptocurrency companies have reached 22 cooperation agreements with sports organizations, with an average value of $4.3 million, such as Tether spending about $50 million to acquire a minority stake in Juventus.
On February 24, the Montana House of Representatives rejected a bill to make Bitcoin a state reserve asset on February 22. The bill proposed setting up a special account to invest in specific assets, and only Bitcoin meets the requirements. The bill was opposed because it was accused of high speculative risks, and supporters said that it would lose the opportunity to return funds. The bill is currently on hold and needs to be reviewed again.
Rapper Ye (Kanye) has posted crypto-related posts several times in the past few hours, hinting that a token called "Swasticoin" will be launched next week. At the same time, AggrNews disclosed that pump.fun is suspected of internally testing the AMM liquidity pool, or replacing Raydium as a third-party supplier.
