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news-imageMarch 17, 2025

Analysts See Bitcoin Pullback as Temporary Shakeout Not End of Bull Cycle

Despite Bitcoin's 22% pullback from its all-time high, analysts argue that the bull cycle remains intact, viewing the downturn as a temporary shakeout rather than the start of a bear market.
Publisher: Coinpaper
Sentiment: Positive
BTC

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Positive
cover-imageCointelegraph
March 17, 2025

Michael Saylor's Strategy makes smallest Bitcoin purchase on record

Michael Saylor's Strategy, the world's largest public corporate Bitcoin holder, has announced its smallest Bitcoin purchase on record.Strategy on March 17 officially announced its latest 130 Bitcoin (BTC) acquisition, bought for around $10.7 million in cash, or at an average price of roughly $82,981 per BTC. The latest Bitcoin purchase was made using proceeds from the “STRK ATM,” a new Strategy's program looking to raise up to $21 billion in fresh capital to acquire more BTC.

Positive
cover-imageCointribune
March 17, 2025

Can Bitcoin Reach $126,000 In June? What Analysts Are Saying

As the crypto market shows signs of consolidation, a recent analysis suggests that Bitcoin could reach $126,000 by June 2025. Currently, BTC is trading at the lower end of its historical seasonal range, but several indicators suggest a strong return of the bullish market and the achievement of a new ATH!

Neutral
cover-imageBenzinga
March 17, 2025

Bitcoin Holds Steady At $84,000 As Wednesday FOMC Meeting Looms

Bitcoin (CRYPTO: BTC) is trading around $84,400 on Monday morning, with macroeconomic events this week anticipated to set the tone for short-term price movement in the weeks to come. What Happened: Crypto trader CrypNuevo on Sunday noted that Bitcoin's one-week 50-day exponential moving average has held as support, prompting a bounce.

Positive
cover-imageCointelegraph
March 17, 2025

Brazilian lawmaker introduces bill to regulate Bitcoin salaries

Brazilian lawmakers are considering new legislation that would officially authorize employers to pay salaries to employees using cryptocurrencies like Bitcoin.Federal deputy Luiz Philippe de Orleans e Bragança has introduced a bill proposing regulation of crypto payments for wages, remunerations and labor benefits. Filed on March 12, the bill PL 957/2025 legalizes voluntary and partial salary payments in cryptocurrencies like Bitcoin (BTC) while also requiring employers to proceed with a part of the pay in the national currency, the Brazilian real.

Negative
cover-imageTokenpost
March 17, 2025

Bitcoin Falls to $83K Ahead of Fed Decision as Market Uncertainty Grows

Bitcoin fell 1.6% to $83,191.20 on Monday, extending last weeks 1% decline as investors turned cautious before the U.S. Federal Reserves interest rate decision on March 18-19. The Fed is widely expected to keep rates steady, but traders are watching for commentary on President Donald Trumps recent tariff policies and their potential impact on inflation and economic growth.

Negative
cover-imageCoinPedia
March 17, 2025

Will Bitcoin Price Crash Below $70k

Since February 20, the Nasdaq Composite index has experienced a severe drop of 11.34%. During the same period, the Nasdaq 100 index has seen a significant decline of 10.94%. Interestingly, during this period, Bitcoin, known as digital gold, has witnessed a fall of 13.

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