Current mainstream CEX, DEX funding rate displays a weakening bearish market sentiment

On February 22, data shows that as Bitcoin dropped to $60,000, Google searches for "Bitcoin to zero" hit a record high in the U.S. This metric has previously spiked near local Bitcoin bottoms in 2021 and 2022.

February 22 — According to the Ukrainian state news agency, U.S. Special Envoy Kurt Volker told Fox News in an interview that Ukrainian and Russian delegations are set to hold a new round of negotiations within three weeks, with the potential to lead to a high-level summit. Volker said: “Both Jared Kushner and I hope the proposals we’ve put forward to both sides will get them together in the next three weeks — possibly even leading to a summit between President Zelensky and President Putin. That summit could eventually become a trilateral meeting with President Trump joining.” He added that Trump would only attend if he believed he could secure the best possible outcome. Earlier, Zelensky had stated the next round of peace talks should take place in Geneva within ten days.

February 22—Investors are bracing for potential news-driven market volatility this week as uncertainties mount: Donald Trump’s tariff policy could spark fresh chaos, a U.S.-Iran conflict looms, and NVIDIA—now the world’s largest company by market capitalization—will release its earnings report next Wednesday. Below are key market-focused events (all times in Beijing Time): - Monday 21:00: Federal Reserve Governor Waller speaks - Tuesday 21:00: Chicago Fed President Guersy (2027 FOMC voting member) speaks - Tuesday 22:00: Boston Fed President Collins delivers opening remarks at an event; Atlanta Fed President Bostick (2027 FOMC voting member) speaks - Tuesday 22:10: Federal Reserve Governor Waller speaks - Tuesday 22:35: Federal Reserve Governor Lisa Cook speaks on AI - Wednesday 4:15: Richmond Fed President Barkin and Boston Fed President Collins participate in a panel discussion - Thursday 2:20: St. Louis Fed President Mester (2028 FOMC voting member) speaks on the F

Feb 22 — Alternative data shows today’s Crypto Fear & Greed Index sits at 9 (up from 8 yesterday), meaning the market is still in “extreme fear” territory. Note: The index ranges from 0 to 100, calculated using these indicators: - Volatility (25%) - Market trading volume (25%) - Social media hype (15%) - Market surveys (15%) - Bitcoin’s market dominance (10%) - Google Trends analysis (10%)

On February 22, Bitcoin mining firm Bitdeer (BTDR) released its latest Bitcoin holding data via official sources. As of February 20, the company’s total self-owned Bitcoin holdings—excluding customer deposits—had dropped to zero. This week, Bitdeer’s Bitcoin mining output totaled 189.8 BTC, all of which was sold during the same period. Weekly net outflows amounted to 943.1 BTC.

On February 22, OpenClaw founder Peter Steinberger addressed a user who was banned from the project’s Discord server after mentioning Bitcoin. “We have strict server rules—users agree to comply upon joining, and one prohibits cryptocurrency mentions entirely,” he said. Subsequently, Steinberger asked for the user’s account name, noting he would manually reinstate them to the OpenClaw Discord group.