{"id":1093,"date":"2026-02-28T07:50:08","date_gmt":"2026-02-28T07:50:08","guid":{"rendered":"https:\/\/blog.coinsignals.net\/?p=1093"},"modified":"2026-02-28T07:50:08","modified_gmt":"2026-02-28T07:50:08","slug":"buterin-sells-eth-bitcoin-fails-at-70k-xrp-spot-demand-climbs-weekly-crypto-overview","status":"publish","type":"post","link":"https:\/\/blog.coinsignals.net\/index.php\/2026\/02\/28\/buterin-sells-eth-bitcoin-fails-at-70k-xrp-spot-demand-climbs-weekly-crypto-overview\/","title":{"rendered":"Buterin Sells ETH, Bitcoin Fails at 70K, XRP Spot Demand Climbs: Weekly Crypto Overview"},"content":{"rendered":"\n<figure class=\"wp-block-gallery has-nested-images columns-default is-cropped wp-block-gallery-1 is-layout-flex wp-block-gallery-is-layout-flex\">\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"576\" height=\"384\" data-id=\"1094\" src=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1120-3.jpeg\" alt=\"\" class=\"wp-image-1094\" srcset=\"https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1120-3.jpeg 576w, https:\/\/blog.coinsignals.net\/wp-content\/uploads\/2026\/02\/IMG_1120-3-300x200.jpeg 300w\" sizes=\"auto, (max-width: 576px) 100vw, 576px\" \/><\/figure>\n<\/figure>\n\n\n\n<p>This week delivered sharp swings across the crypto market, even though total capitalization remains near 2.36 trillion dollars, roughly unchanged from last Friday.<\/p>\n\n\n\n<p>Bitcoin began the week under pressure, sliding from above 67,000 dollars to near 64,000 before briefly dipping below 63,000. Sentiment weakened significantly, reflecting broad pessimism across the market.<\/p>\n\n\n\n<p>Then came a sudden reversal. Bitcoin surged from 63,000 to 70,000 dollars in less than two days, sparking hopes of a sustained rebound. However, the move quickly lost momentum. Sellers stepped back in, pushing BTC down to just above 66,000 dollars. The Crypto Fear and Greed Index still signals extreme fear, indicating that traders remain unconvinced about a lasting recovery.<\/p>\n\n\n\n<p>On the Ethereum side, co founder Vitalik Buterin continued reducing his holdings. His total sales have reached about 18,700 Ethereum, exceeding his previously stated plan to sell 16,384 ETH to support open source development, privacy initiatives, and critical infrastructure projects.<\/p>\n\n\n\n<p>Meanwhile, XRP showed signs of improving spot demand. Bitrue reported a 212 percent rise in XRP spot buying on February 26, largely tied to ETF related inflows. Although price action has not yet reflected this increase, the shift could point to changing market structure.<\/p>\n\n\n\n<p>Overall, the week began with heavy losses, shifted briefly into optimism, and ultimately returned to where it started. Weak sentiment continues to dominate, a pattern often seen in bear markets. The coming week will determine whether buyers can regain control or if pressure persists.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This week delivered sharp swings across the crypto market, even though total capitalization remains near 2.36 trillion dollars, roughly unchanged from last Friday. Bitcoin began the&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-1093","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1093","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/comments?post=1093"}],"version-history":[{"count":1,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1093\/revisions"}],"predecessor-version":[{"id":1095,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/posts\/1093\/revisions\/1095"}],"wp:attachment":[{"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/media?parent=1093"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/categories?post=1093"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/blog.coinsignals.net\/index.php\/wp-json\/wp\/v2\/tags?post=1093"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}