Price predictions 2/23: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, BCH, ADA

CoinTelegraph

by Rakesh Upadhyay

February 23, 2026

AI-Generated Deep Dive Summary

Bitcoin (BTC) and other cryptocurrencies experienced a sharp decline following U.S. President Donald Trump’s announcement of new 15% global tariffs, which came after the Supreme Court ruled his IEEPA tariffs illegal. The move caused major stock markets to sell off, reflecting broader market instability. Crypto sentiment remains fragile, with the Crypto Fear & Greed Index at an extreme low of 5 out of 100—a level not seen since 2022. Pseudonymous trader BitcoinHyper highlighted that this prolonged period of fear is concerning for market participants. The situation has sparked significant concern among crypto traders and analysts. On the prediction market Polymarket, the odds of BTC falling below $55,000 have risen to 72%, aligning with expectations from several financial institutions and analysts who predict a potential price drop near or below this threshold. This consensus suggests growing doubts about Bitcoin’s resilience in the face of ongoing macroeconomic tensions. The broader implications for the crypto market are significant. The fear-driven sell-off underscores the interconnectedness between traditional markets and cryptocurrencies, as geopolitical and economic uncertainties continue to weigh heavily on investor sentiment. With the Crypto Fear & Greed Index at historic lows, this could signal further downward pressure on prices in the short term. For crypto enthusiasts and investors, this highlights the importance of staying informed about both macroeconomic developments and market sentiment indicators. Readers interested in crypto should pay close attention to these trends, as they reflect broader market dynamics and investor behavior. The potential for new lows in Bitcoin’s price underscores the volatility inherent in cryptocurrency markets and the need for caution among traders and investors. As the situation evolves, staying updated on expert predictions and market movements will be crucial for making informed decisions.

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Originally published on CoinTelegraph on 2/23/2026