Bitcoin bounces to $66K as rumors swirl over Jane Street selling algorithm

CoinTelegraph

by William Suberg

February 25, 2026

AI-Generated Deep Dive Summary

Bitcoin prices rebounded above $66,000 following rumors about potential selling pressure from Jane Street, a prominent Wall Street trading firm. This upward movement came after Bitcoin had previously dropped below $60,000 earlier in the week, sparking speculation among traders and crypto enthusiasts. The price surge of over 2.5% has drawn attention to the role of institutional players in shaping market dynamics. The rumors surrounding Jane Street’s alleged selling algorithm have created mixed reactions among Bitcoin traders. While some believe the trading firm may have been liquidating large positions, others are skeptical about the claims. This uncertainty has fueled debates about the extent of Wall Street’s influence on cryptocurrency markets. As Bitcoin approached Wednesday’s Wall Street open, attention remained focused on whether institutional activity would continue to drive price movements. The situation highlights the delicate balance between market sentiment and actual trading behavior in the crypto space. While no concrete evidence confirms Jane Street’s involvement, the mere suggestion has been enough to stir speculation. This underscores how quickly information can spread in the cryptocurrency world and its potential impact on pricing trends. For readers interested in crypto markets, understanding these dynamics is crucial. The interplay between institutional players like Jane Street and retail traders can significantly influence market volatility. As cryptocurrencies continue to attract mainstream attention, the role of large financial institutions will likely become even more prominent. Ultimately, this story serves as a reminder of how interconnected the global financial system has become, with even whispered rumors about major trading firms having the potential to move markets. For crypto investors and traders, staying informed about such developments is key to navigating an increasingly complex market landscape.

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Originally published on CoinTelegraph on 2/25/2026