The CB Weekly Market Recap (Feb 15th-Feb 21st, 2026) ⚡️

🔴 The U.S equity markets ended the week with modest gains, with the Nasdaq snapping a five-week losing streak. This was primarily driven by a relief rally on Friday, particularly in import-sensitive sectors and tech, as the U.S. Supreme Court struck down President Trump's reciprocal tariffs under IEEPA. 🔴 Meanwhile, the #crypto market exhibited indecision and volatility, with $BTC and $ETH fluctuating in narrow ranges amid outflows from spot ETFs, reduced retail activity, and broader macro uncertainty. 🔴 $BTC has been range-bound between $66,000 and $70,000, holding above key support but failing to decisively break higher. 🔴 While a lower-than-expected CPI print improved risk appetite earlier in the week, that sentiment quickly faded as markets balanced #optimism with caution heading into other #data releases. 🔴 Notably, Q4 GDP came in at just 1.4%, well below the 3% Wall Street had expected, with a government shutdown cited as a key driver. December PCE also came in slightly above consensus. 🔴 Market expectations for Fed rate cuts have also dropped sharply as the Fed took on a hawkish tone in Wednesday's Fed minutes. 🔴 According to the CME Watchtool, the odds of the Fed holding rates steady in March have surged to 96.5%. This triggered a broad "risk-off" rotation across higher-beta assets, including crypto. 🔴 The #crypto market sentiment continues to remain in “Extreme Fear.” This is the longest extreme fear streak since 2022. #crypto