Market Overview: February 20, 2026

The crypto market remained firmly in risk-off territory this week, with $BTC hovering around $66K–$67K amid persistent selling pressure and the Fear & Greed Index plunging to 11 — deep in extreme fear.

Since October's all-time high of $126K, Bitcoin has now shed roughly 47%, and U.S.-listed spot Bitcoin ETFs have recorded approximately $8.5 billion in outflows since mid-October, with CME futures positioning falling by two-thirds from its late-2024 peak.