Crypto Market Daily Movements | Cryptocurrency market experiences downward volatility, with Bitcoin dropping to $63,000; the Federal Reserve seeks public comments on a proposed rule to ‘remove reputation risk’ supervision, potentially further alleviating

February 24, 2026
6:36 am

Crypto Market Daily Movements | Cryptocurrency market experiences downward volatility, with Bitcoin dropping to $63,000; the Federal Reserve seeks public comments on a proposed rule to ‘remove reputation risk’ supervision, potentially further alleviating

News on February 24 indicated that the cryptocurrency market experienced volatile declines. As of press time, $Bitcoin (BTC.CC)$ dropped by 3.92%, trading at $63,088.01; $Ethereum (ETH.CC)$ fell by 3.64%, trading at $1,826.22.

According to official announcements, $Strategy (MSTR.US)$ Last week, Strategy acquired 592 Bitcoin for $39.8 million, with an average purchase price of $67,286 per Bitcoin. As of February 22, 2026, Strategy holds a total of 717,722 BTC, with a total cost of approximately $54.56 billion, averaging about $76,020 per Bitcoin.

The Federal Reserve is seeking public comments on a proposal to formally remove ‘reputation risk’ considerations from banking supervision, which could further alleviate the de-banking phenomenon…

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