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Bitcoin dropped below $80,000 on Monday, down 27% from its all-time high. The crypto and stock markets have seen over $6 trillion in combined losses in the past two months. The increased losses follow investors flipping from extreme greed, reflected by the Fear and Greed Index falling to 14. Bitcoin fell to $78,000 on Monday,…
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Wall Street slid Monday as investors braced for key inflation data and reassessed Federal Reserve policy, while crypto remained under pressure despite a string of positive regulatory developments. Rising trade tensions and concerns over inflation are adding to the risk-off sentiment, with Bitcoin and Ethereum falling alongside equities. The S&P 500 dropped 2.6%, the Nasdaq-100…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure The Bitcoin and crypto market faces a week of pivotal events. #1 Bitcoin (BTC) All eyes are on Washington, D.C. as Bitcoin’s near-term trajectory may hinge on an event scheduled for March 11. Senator Cynthia Lummis, a vocal proponent of pro-Bitcoin and…
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Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure Data shows the sentiment among the Bitcoin traders has deteriorated into extreme fear as BTC has plunged to start the new week. Bitcoin Has Seen Another Setback To Kick Off Monday Bitcoin renewed optimism among investors last week as its price showed…
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The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trump’s plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph. Trump’s March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed. Meanwhile, they are…
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The price of bitcoin (BTC-USD) continues falling despite efforts by President Donald Trump to give the crypto world more of what it wants, including a strategic bitcoin reserve that the administration touted at the end of last week while hosting crypto executives at the White House. The world’s largest cryptocurrency fell below $78,000 on Monday,…
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The Texas Senate passed the Bitcoin strategic reserve bill SB-21 on March 6. This followed a debate in which State Senator Charles Schwertner, who introduced the bill, argued that it would help Texas add a valuable and scarce asset to its balance sheet. Amid fears of Bitcoin (BTC) contending against the US dollar as a…
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Crypto exchange giant Coinbase will soon offer Bitcoin and Ethereum 24/7 futures trading via its Coinbase Derivatives platform—a first for U.S. clients. The San-Francisco-based firm said Monday that the platform would make the service available in the coming weeks but did not specify an exact date. Coinbase added that 24/7 trading of such contracts would…
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Bitcoin bull market has cooled off as BTC drops under the 200-day EMA on Monday. Crypto expert and YouHodler executive comment on Bitcoin’s consolidation phase, warning that it can last several months. BTC slips to a low of $78,372, technical indicators suggest further decline is likely. Bitcoin wipes all gains since November 10, dropping to…
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Bitcoin spiked to $109,936 on January 20th – Donald Trump’s inauguration day – before dumping 28.5% to close February at $78,220. The new US presidency, with its pro-crypto stance, was supposed to be bullish for the bitcoin price. Except it wasn’t. It was a classic bull trap, and it crushed late buyers. Here’s how bull…