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…
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…
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.…
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…
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…
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…
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…
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…
Bitcoin stack with Texas flag in the background. getty In a landmark move, the Texas Senate Banking Committee has unanimously advanced Senate Bill 21 (SB-21), proposing the creation of a Texas Strategic Bitcoin Reserve. This initiative, passed with a 9–0 vote on February 27, 2025, empowers the Texas Comptroller to manage investments in bitcoin and…
Despite recent setbacks and a significant selloff that brought Bitcoin to a three-month low, Standard Chartered maintains a strong bullish position on BTC market predictions. Geoffrey Kendrick, the head of digital assets research at the bank, forecasts that Bitcoin will climb to $500,000 before the conclusion of Donald Trump’s presidency. Additionally, BTC price might reach…