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news-imageFebruary 3, 2025

Bitcoin Crashes Below $93K, Triggering $1.23B in Liquidations as Crypto Markets Spiral

Bitcoin plunged to $92,111 on Sunday, slashing more than 8.5% of its value in just 24 hours and triggering $1.23 billion in liquidations across crypto derivatives markets as bearish sentiment took hold.
Publisher: Bitcoin
Sentiment: Negative
BTC

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Positive
cover-imageCryptopolitan
February 3, 2025

South Korea's ‘bitcoin kimchi' premium index rises 9.7%

South Korea's bitcoin premium index, aka “kimchi premium,” reached a 10-month high on South Korean exchanges and remained stable amid a major global market dip. On Monday morning in Asia, the Korea Premium Index rose to 9.7%, marking its highest since April 14, 2024.

Negative
cover-imageCoingape
February 3, 2025

Key Levels to Watch as Bitcoin Price Crashes Below $100K Today

Bitcoin (BTC) price traded as low as $91,231 on Binance on Monday Morning, as crypto markets buckle under pressure from escalating trade tariff war involving the United States. Bitcoin (BTC) Plummets to $91K as Crypto Market Liquidations Hit $1.8 Billion Bitcoin (BTC) plunged below the $91,200 mark on February 3, its lowest level in 20

Neutral
cover-imageThe Currency Analytics
February 2, 2025

Bitcoin Reserve Debate Divides Eurozone as Some Nations Push for Crypto Investments

The debate over Bitcoin reserves is intensifying within the Eurozone, with some European countries advocating for cryptocurrency investments while the European Central Bank (ECB) remains firmly opposed. Despite concerns over Bitcoin's volatility and security risks, countries such as Norway and the Czech Republic are increasingly considering Bitcoin as part of their investment strategies.

Negative
cover-imageThe Currency Analytics
February 2, 2025

Bitcoin Price Drops Amid Trump's 25% Tariffs on Mexico and Canada

Bitcoin's price has taken a noticeable dip in recent days, and it's not just due to market fluctuations. The latest development in global trade, namely President Trump's imposition of 25% tariffs on Mexico and Canada, is causing Bitcoin and other assets to experience a significant decline.

Negative
cover-imageThe Currency Analytics
February 2, 2025

Will the U.S. Ever Create a Bitcoin Reserve? Fed Official Speaks on Legal Barriers

The idea of the United States creating a Bitcoin reserve has been gaining attention recently, but a Federal Reserve official has now made it clear that such a move may face significant legal hurdles. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, has spoken out on the matter, shedding light on the complex legal constraints surrounding the Federal Reserve's ability to hold digital assets like Bitcoin.

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