Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Market Capitalization:2 225 010 184 696 USD
Vol. in 24 hours:113 266 788 026,35 USD
Dominance:BTC 57,98%
ETH:10,09%
Yes
>>Mid-February 2026 Bitcoin ChainCheck by VanEck

Mid-February 2026 Bitcoin ChainCheck by VanEck

crypthub
Mid-February 2026 Bitcoin ChainCheck by VanEck

Price and Sentiment

Bitcoin has fallen 27% in the last 30 days, trading around $67 k, below previous lows near $76 k. The 30‑day NUPL slipped to 0.33, entering the anxiety/fear zone, while futures open interest is near its lowest since September 2024. Leverage and open interest have retreated to levels last seen in September 2024. Overall market mood is markedly bearish.

On‑Chain Activity and Distribution

Despite price weakness, daily transaction volume remains in the 90th percentile and transfer volume is up 2% month‑over‑month. Fees and inscription activity have fallen, indicating reduced demand for block space. Realized selling is still dominated by 1‑ to 5‑year holders, but total sales from coins older than one year dropped to 517 k BTC, a 33rd‑percentile historic low. The slowdown reflects many holders being underwater on average cost around $72 k.

Miner Economics and Future Outlook

Miner margins are tightening as hash rate fell about 14% in the past 90 days, making many ASICs uneconomic above $0.07/kWh. Historical hash‑rate contractions have often preceded price rebounds, but the current dip may also be weather‑driven. Miners are increasingly converting capacity to AI data centers; Bitdeer’s efficiency improved to 17.9 J/TH and its hash power grew to 63 EH/s. Companies with credible AI pivots are gaining valuation multiples, while pure‑play miners face greater downside risk.