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The current Bitcoin correction may last until March or April before attempting to rally toward previous highs, according to Matrixport analysis. Bitcoin (BTC) fell below $80,000 on Feb. 27 for the first time in a week amid a broader market sell-off driven by escalating global trade tensions. Three major US stock market indexes also suffered…
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Bitcoin risks more downside if it loses a “key” $75,000 support amid growing concerns over a potential trade war between the United States and China. Bitcoin’s (BTC) price has fallen more than 6.5% during the past 24 hours to sink below a low of $78,197, which was last seen on Nov. 10, 2024, Cointelegraph Markets…
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Bitcoin (BTC) is on track for its worst month in three years, falling 22% as President Donald Trump’s tariffs on major U.S. trading partners raise concerns of faster inflation, reduced chance of interest-rate cuts and lowered appetite for risky investments. The last time the largest cryptocurrency fell as much as June 2022, when it fell…
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Strategy CEO Michael Saylor has caused some backlash on X after seemingly joking after seemingly joking about selling kidneys following Bitcoin’s massive crash below the $80,000 level. “Sell a kidney if you must, but keep the Bitcoin,” he said on X. Some have commented that the joke went too far. One user initially thought that this…
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Bitcoin (BTC) is currently trading below key demand levels after losing the $90K mark earlier this week. The price has tagged fresh lows, and bulls have lost control as the market faces intense selling pressure. BTC has dropped 14% in less than three days, entering a panic selling phase as investors react to market uncertainty.…
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February 28, 2025 06:32:33 UTC Arizona Senate Advances Bitcoin Reserve Bill, Racing Utah for Crypto Investment Approval Arizona’s Senate has passed the Strategic Digital Assets Reserve bill (SB 1373) with a vote of 17-12 on February 27, bringing it closer to becoming law. The bill creates a Digital Assets Strategic Reserve Fund managed by the…
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Bitcoin has plunged under $80,000 per bitcoin as a crypto rout that’s wiped $1 trillion from the combined market gathers pace, fueling fears of more pain to come. Unlock over $3,000 in NFT, web3 and crypto perks — Apply now! The bitcoin price is down around 25% from its all-time high of almost $110,000 per…
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Bitcoin has fallen under $80,000 for the first time since November amid mounting macroeconomic uncertainty over US President Donald Trump’s proposed tariffs. On Feb. 27, Bitcoin plummeted to $79,752, according to TradingView data. The price 2.65% decline over the past hour led to $80.28 million in long positions liquidated, per CoinGlass data. Bitcoin last traded…
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The Head of Research at CryptoQuant has revealed why it may be too early to call a bottom for Bitcoin, based on the trend in on-chain data. Bitcoin MVRV Z-Score Has Plunged Under Its 365-Day MA In a new post on X, CryptoQuant Head of Research Julio Moreno has talked about why Bitcoin may not…
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After an extended bullish period for Bitcoin, the flagship asset has moved into bearish territory, witnessing a $10,000 value drop in just 2 days. BTC’s price descent has triggered fears of heightened selling pressure in the short term as a significant portion of the asset has been moved into crypto exchanges. Massive Bitcoin Exchange Inflows…