Bitcoin has climbed over 3% to breach the $68,000 mark on February 26, 2026, hitting $67,947 amid Nvidia’s blockbuster earnings boosting AI and risk asset sentiment.
Key Drivers Behind the Rebound
Nvidia’s blowout quarterly results—driven by insatiable AI chip demand—ignited broader tech optimism, spilling into cryptocurrencies as investors eye generative AI’s compute surge. BTC recovered from $64,074 yesterday, up 6% intraday, with trading volume spiking 25% as whales accumulated.
Ether (+5% to $2,860) and altcoins followed, while Polymarket odds favored $68K-$70K close (43% probability). Futures at 66,255 signal bullish continuation.
Technical Breakout and Market Signals
BTC reclaimed key $68K resistance, with RSI climbing from oversold 32 to neutral 55 on daily charts. Support holds at $64,500 (50-day EMA), targeting $72K if momentum persists.
Year-to-date, Bitcoin lags 23% from 2025 peaks but outperforms amid volatility—average daily growth at 63.7%. Spot ETF inflows resumed ($210M Tuesday).
Broader Context
Post-Trump reelection, pro-crypto policies fuel expectations, though regulatory clarity awaits. Nvidia’s H100 demand ties AI growth to mining economics.
