Crypto markets saw extreme volatility as ETF flows, derivatives and funding dynamics drove price action, with Bitcoin’s sharp drawdown, selective ETF inflows and ongoing deleveraging defining the week.
To celebrate Mantle (MNT)’s listing on BTC Markets, we’re launching a price guess challenge. The five closest guesses to MNT’s value at 12:00 PM AEDT on February 23 will each win AU$100 worth of MNT.
Recent price action highlights the impact of leverage, liquidity, and sentiment in fast-moving markets, as participants shift focus toward stabilisation and risk management.
A volatile week saw Bitcoin slide, ETF outflows build, and network activity diverge from price. Institutions tightened risk, while builders kept shipping across Ethereum, XRP, and Solana.
Market conditions remain challenging for crypto, with price action reflecting a sustained bearish structure and limited signs of demand returning amid rising macro uncertainty.
New executive appointments mark the next phase of growth, with Lucas Dobbins stepping into the Chief Executive Officer role and Paul Stonham joining as Chief Commercial Officer.