As of February 27, 2025, the cryptocurrency market is showing significant volatility, reflecting the impact of global economic and political events.
The total market capitalization hovers around $3 trillion, but there were sharp fluctuations throughout the day caused by news from the US and investor reaction.
Current market situation
Bitcoin (BTC), as the main cryptocurrency, suffered a sharp drop on the night of February 27, falling below $83,000. This happened after US President Donald Trump announced the imposition of 25% tariffs on imports from the European Union, which caused concern among investors about the impact on global markets, including cryptocurrency.
However, in the morning, bitcoin partially recovered, returning to $86,000. At the time of writing, the price of BTC is fluctuating between $85,000 and $87,000, which indicates an attempt to stabilize after the night's shock.
Other leading cryptocurrencies, such as Ethereum (ETH), have also come under pressure. ETH is trading at $2,600-$2,650, indicating a drop of around 2-3% on the day.
Altcoins, including XRP, Dogecoin, and Cardano, are showing mixed dynamics: some have lost up to 6%, while others are holding their ground thanks to local project news.
The total blocked value (TVL) in the decentralized finance (DeFi) sector remains relatively stable, although second-tier networks such as Arbitrum and Base are losing ground to newcomers such as Berachain, which recently overtook them in TVL with $3.26 billion. The Fear and Greed Index dropped to 29 ("fear"), reflecting investor caution amid uncertainty.
Macroeconomic factors were the key driver of volatility. In addition to the announcement of the duties, data on inflation in the United States is expected today, which may further affect the movement of cryptocurrencies. If the figures turn out to be higher than expected, this could increase pressure on risky assets, including cryptocurrencies.
What happened on February 27 in previous years?
February 27, 2014: This day came after the collapse of Mt. Gox, which happened a few days earlier (February 24). At the time, bitcoin was trading at $550-$600, and the community was actively discussing the consequences of the loss of 850,000 BTC (about 6% of the total volume at the time). The event undermined trust in centralized exchanges and spurred the development of decentralized solutions.
February 27, 2017: Bitcoin was approaching an all-time high of $1,200, showing steady growth after the 2016 halving. This day was not marked by a specific event, but the market was in a bullish phase, and investors were actively preparing for the upcoming 2017 boom, when BTC reached $20,000.
February 27, 2020: The crypto market has felt the echo of global panic due to the outbreak of the COVID-19 pandemic. Bitcoin was trading at $8,700, but two weeks later (March 12) it dropped to $3,850 due to a massive sell-off in assets. This was one of the last days before Black Thursday, when cryptocurrencies suffered a sharp collapse along with stock markets.
February 27, 2023: This day was during the recovery period after the "crypto winter" of 2022. Bitcoin was trading around $23,500, and the market was gradually gaining momentum after the FTX bankruptcy in November 2022. There were no high-profile events that day, but analysts noted the first signs of a return of institutional interest.
Today, February 27, 2025, the crypto market is influenced by external economic news, including the announcement of Trump's tariffs and the expectation of inflation data. Bitcoin and altcoins are showing volatility, but there are signs of an attempt to stabilize. Historically, this day has not always been a significant one, but it has often reflected broader market sentiment, ranging from panic to gradual recovery.
In the coming hours, macroeconomic indicators will be key to determine whether the decline will continue or whether the market will find a foothold to rebound. Investors should remain cautious and follow the news.
