MARA Holdings, a major Bitcoin mining firm, has updated its treasury policy to allow the sale of BTC from its balance sheet, marking a shift away from its previous long-term holding approach. The company currently controls 53,822 BTC valued at about $3.59 billion and cited potential liquidity needs, debt obligations in 2027, and prolonged price weakness as reasons it may sell part or all of its holdings. Analyst commentary notes MARA's estimated production cost of roughly $87,000 per BTC versus a market price near $66,690, raising questions about profitability and the potential market impact if significant reserves are liquidated.

On the All-In Podcast, Bridgewater Associates founder Ray Dalio challenged the idea of Bitcoin as "digital gold," insisting that only gold stands as a proven global safe-haven asset. He argued that Bitcoin still lacks central bank adoption, shows strong correlation with tech stocks, and faces privacy and quantum-computing risks, while gold continues to rise in value and remains a core reserve holding. Dalio has nonetheless suggested that investors might consider a limited allocation to Bitcoin or gold as part of a broader portfolio strategy.

Bitcoin recently climbed from a base above $66,500 and briefly pushed past $68,800 before sellers capped the move around $70,100. The price is now trading above $68,000 and the 100 hourly simple moving average, with a contracting triangle resistance near $68,400 suggesting a possible attempt to reclaim $69,550 and $70,000. If BTC drops below $67,400 and $66,550, it could revisit supports at $65,000 and $63,000.

At the Bitcoin Investor Week Conference in New York in February, former Trump crypto advisor David Bailey argued that the U.S. government must go further than simply supporting Bitcoin in words. He highlighted that, despite Trump signing an executive order for a Strategic Bitcoin Reserve in March 2025 and the U.S. holding 378,372 BTC worth about $22.48 billion, meaningful policy action has lagged. Bailey added that Bitcoin will ultimately succeed with or without U.S. help, but real progress requires political capital and broader voter ownership of BTC.

Bitcoin is trading with elevated volatility around the $66,000–$66,800 zone as geopolitical tensions weigh on global risk sentiment. On-chain data indicates roughly 13,500 BTC have flowed out of Binance since February 21, pointing to possible large-holder accumulation while price remains capped below $69,000. Exchange-wide outflows have stayed negative for several days, even as BTC consolidates between resistance at $68,000–$69,000 and support in the $63,000–$64,000 range.

Billionaire investor Ray Dalio told the All-In Podcast on Tuesday that Bitcoin should not be relied on as a long-term store of value or safe-haven, stressing that central banks overwhelmingly favor gold. He questioned Bitcoin's privacy, its vulnerability to future quantum computing, and its correlation with tech stocks, while reiterating gold's role as the most established form of money in times of geopolitical and economic stress.

As conflict spreads across the Middle East and oil prices rise, Bitcoin is still trading above $66,000 while Asian equities come under pressure. On February 28, 2026, the price briefly fell to around $63,000 before recovering, and on-chain data shows limited selling from short-term holders even as the macro backdrop worsens.

Bitcoin is consolidating near $68,000 as open-interest-weighted funding rates edge back into slightly negative territory, indicating a more cautious stance in derivatives markets. BTC recently traded around $68,290 after touching highs above $69,000 and lows near $66,138, while the daily RSI has recovered from February’s oversold readings but remains below the neutral 50 level.