Bitcoin Rebounds as Merchants Debate Jane Road “10am Worth Slam”

Bitcoin (BTC) sought to reclaim $65,000 as assist into Wednesday’s Wall Road open as rumors swirled round US institutional stress.

Key factors:

• Bitcoin bounces 2.5% as speak turns to alleged promoting stress from Wall Road buying and selling firm Jane Road.

• Jane Road rebuts claims of crypto market manipulation in the course of the 2022 bear market.

• “Razor skinny” order books enhance BTC value volatility.

Bitcoiners debate Jane Road “10am value slam”

Information from TradingView tracked a BTC value rebound, taking BTC/USD to $66,300 on Bitstamp earlier than the pair consolidated.

Each day value positive aspects remained at greater than 2% on the time of writing, whereas crypto market individuals grew to become more and more curious about potential deliberate BTC value suppression.

A idea circulating on social media revolved round secretive quantitative funding agency Jane Road, now topic to authorized motion by defunct crypto firm Terraform Labs.

Coordinated algorithmic promoting of Bitcoin at 10am Jap time day by day, it alleged, offered the primary impetus for months of BTC value draw back starting in October 2025.

What Occurred As we speak:

>Jane Road was uncovered for enormous manipulation of the crypto market and for being behind the TerraLuna collapse.

>An insider leaked that they have been compelled to close down their buying and selling algos.

> no 10am value slam for the primary time.

>8pm, Bitcoin…

— AMCrypto (@AMCryptoAlex) February 25, 2026

Amid the continued authorized proceedings, Jane Road could have been compelled to droop its buying and selling technique, leaving the market to regulate larger.

The Terraform Labs criticism makes particular reference to “market manipulation” that impacted crypto all through 2022, the 12 months by which Bitcoin put in its final bear market backside of $15,600 in This fall.

Jane Road informed Cointelegraph that the accusations have been “baseless, opportunistic claims.”

The 10am argument, in the meantime, did not persuade many. Crypto YouTuber Smart Recommendation was amongst them, suggesting that the speculation was too simplistic to be legitimate.

🚨 Everybody on CT proper now:

“Jane Road received sued.”
“10AM manipulation stopped.”
“ $BTC lastly free.”

Do you actually assume they’re that silly?

You’re speaking about Jane Road.

A prime quant agency.
And so they supposedly:

• Ran a visual day by day sample
• Let everybody monitor it…

— Smart Recommendation (@wiseadvicesumit) February 25, 2026

BTC value versus “razor skinny” liquidity

Commenting on the most recent BTC value transfer, merchants remained cautious.

Associated: Bitcoin ETF sell-off is ‘purification’ of bull case, investor says

“$BTC is going through main resistance at $66k – from each the native vary lows and the 4h development,” dealer Jelle wrote in his newest evaluation on X. 

“Flipping that would spark short-term reduction, however till that occurs, the development is obvious. Do not combat it.”

Keith Alan, cofounder of buying and selling useful resource Materials Indicators, stated {that a} “razor skinny order e-book” on exchanges had contributed to the value rebound.

Overhead promote liquidity, he informed X followers, had been pulled upfront of US President Donald Trump’s State of the Union deal with.

Seems to be like we received a roof pull simply earlier than Trump’s State of the Union Handle, and $BTC value ripped by way of a razor skinny order e-book. pic.twitter.com/bgBtwg6aaZ

— Keith Alan (@KAProductions) February 25, 2026

The 24-hour crypto liquidations totaled $333 million on the time of writing, per information from CoinGlass, with shorts accounting for $213 million of that determine.