CryptoSlate Daily wMarket Update: Market sell-off sees Bitcoin sink to $22,000
The wMarket Update condenses the most important price movements in the crypto markets over the reporting period, published 07:45 ET on weekdays.

The latest Bitcoin news today — live BTC price updates, mining developments, halving cycles, ETF flows, and institutional adoption headlines. CryptoSlate’s editorial team covers Bitcoin around the clock, from on-chain data and technical analysis to regulation and macro context, with breaking stories added throughout the day.
BTC recorded a 4.6% increase during February, which only five mining companies' stocks were able to outperform.
The poop emoji ordinal — which sold for 1.2 BTC — is labeled Inscription #121 and was minted on block 773820.
In February, bankrupt crypto lender Celsius burnt 22,732 WBTC — worth $533 million in 2 days via FalconX.
Bitcoin's hash rate reached its ATH of 320 EH/s, as stable electricity prices and rising demand enabled miners in the U.S. to achieve a higher uptime.
Scare City marketplace has offered to fully refund the buyer of the Luke Dashjr NFT or donate the funds to OpenSats.
Coins.ph CEO Wei Zhou said mass adoption will come through stablecoins, eventually leading to "back door" Bitcoin growth.