After doubts over Bitcoin reserve plans and fading sentiment, the market is buzzing again as Trump prepares to unveil a Bitcoin Strategic Reserve at the White House Crypto Summit on March 7. Commerce Secretary Howard Lutnick confirmed a national crypto strategy is in the works, sparking speculation on whether the U.S.

A hammer candle is where the lower or upper wick is 90% of the total range.

Bitcoin's price has shifted toward an upside direction, allowing it to reclaim the pivotal $90,000 mark after facing heightened bearish and selling pressure over the past few days driven by macroeconomic uncertainty.

Bitcoin has jumped to $92,000, gaining nearly 5% in the past 24 hours ahead of Donald Trump's crypto summit at the White House. The rally pushed BTC to a high of $92,760 from a low of $87,500, now stabilizing around $91,500.

MicroStrategy's big boss, Michael Saylor is strongly supporting Bitcoin as the main asset for a U.S. crypto reserve. As he heads to the White House Crypto Summit, he stands firm on Bitcoin's dominance, calling it the safest bet. Meanwhile, he questions XRP's role, saying it needs strict regulation.

Bitcoin has bounced back above $90,000 after testing key support at $80,000. Will BTC crash lower, or is a new all-time high on the horizon?

Bitcoin rebounded on Thursday, climbing 6.2% to $92,532.3 amid growing speculation that U.S. President Donald Trump will unveil plans for a strategic crypto reserve. This follows Trumps recent trade concessions on Canada and Mexico, while tariffs on China remain intact, fueling a cautious risk appetite in global markets.

Defunct crypto exchange Mt. Gox transferred over 12,000 BTC, valued at more than $1.2 billion, to a new wallet early Thursday.

Belarusian President Aleksandr Lukashenko has signaled interest in cryptocurrency mining, citing the countrys surplus electricity. Speaking with Energy Minister Alexei Kushnarenko, Lukashenko suggested that if mining proves profitable, Belarus should embrace the opportunity.

Bitcoin has faced massive volatility and sharp price swings as the market remains uncertain about the coming weeks. After briefly losing key levels at $90,000 and $85,000, BTC saw a strong reaction from bulls, surging back to $95,000 following President Trump's announcement of a U.S. Strategic Crypto Reserve.

Several larger-cap alts, such as LINK and AVAX, have posted impressive gains.

Bitcoin staking platform Solv Protocol has entered a strategic partnership with Soneium, the Ethereum layer 2 blockchain backed by Japan's Sony Group, expanding BTC staking to the network. Announced on Mar.

Raoul Pal forecasts an extended Bitcoin bull market into 2026 driven by global liquidity increases and a weakening US dollar.

“A return to the area above the 50-day at $97,000 is a marker of bullish success,” one trader said.

Ever since Donald Trump won the presidential election, the Bitcoin price and the entire crypto market have been heavily influenced by external factors. The markets rallied, buoyed by positive news from the White House, while plummeting sharply due to stringent steps taken in trade with other countries.

South Korea is considering the approval of Bitcoin ETFs, closely monitoring Japan's evolving stance on cryptocurrency regulation, while navigating political challenges.

Bitcoin rebounded to $92,532 as investors anticipate details about Trump's crypto reserve plans at Friday's White House summit.

Trump's crypto reserve is likely to be “nearly entirely Bitcoin,” says Bitwise CIO Matt Hougan. Some industry leaders are not happy with the inclusion of small-cap cryptocurrencies in US reserves.

President Bukele defies IMF demands to halt Bitcoin accumulation, adding to El Salvador's holdings despite loan conditions requiring the country to stop buying and mining Bitcoin.

Bitcoin is expected to surge in the next three weeks as global liquidity shifts in favor of crypto and risk assets. Andre Dragosch, head of research at Bitwise, predicts that the global money supply will reach new highs, supporting a Bitcoin price rebound.

Donald Trump's proposed crypto reserve is expected to be predominantly Bitcoin, despite plans to include altcoins like Solana, XRP, and Cardano.

Robinhood is hosting a two-day Trivia game on its mobile application, offering contestants more than $2 million in Bitcoin and Dogecoin prices.

Analytics account on the X platform, @Spotonchain, has spread the word about the infamous Bitcoin exchange Mt. Gox transferring yet another mind-blowing amount of BTC.

On March 5, 2025, Russian Deputy Finance Minister Vladimir Kolychev made it clear that Russia has no plans to add Bitcoin or any other cryptocurrency to the National Wealth Fund (NWF).

Bitcoin and Ethereum extend gains as Trump delays auto tariffs and a Trump-linked wallet buys $10M in BTC and ETH ahead of the White House Crypto Summit.

While the fine print of the IMF credit facility deal states that the public sector will not acquire more bitcoin, El Salvador's President Nayib Bukele has rejected this notion, asserting that these acquisitions will continue.

This is the first major transaction of its kind carried out by the platform since January 2025.

Mt Gox moved around 12,000 BTC as the Bitcoin price regained the $92K mark. The exchange still holds 36,080 Bitcoins and its deadline for fund returns extended to Oct 31, 2025.

The Bitcoin reserve bill, tabled in the US state of New Hampshire by Republican Keith Ammon with the support of Democrats Chris McAleer and Carry Spier, has been cleared by a state house committee.

Key Points:

Bitcoin surged past $92K, defying Mt. Gox's $1.2B BTC transfers. Institutional demand grows as Metaplanet boosts holdings. Will BTC break $94K next? The post Bitcoin Price Nears $92K Despite $1.2B Mt. Gox Transfers – What's Next? appeared first on Cryptonews.

A veteran crypto trader who has a track record of calling Bitcoin's market tops and bottoms still thinks BTC is primed to hit $180,000 this cycle. The pseudonymous analyst known as Dave the Wave tells his 148,500 followers on the social media platform X that Bitcoin's price is “chugging along on the weekly Gaussian.

IMF enforces strict conditions on El Salvador's financial policies, prohibiting voluntary Bitcoin accumulation by the government.

Bitcoin has regained momentum following a period of decline, with its price now trading at $87,992, reflecting a 6.9% increase in the past 24 hours. The recent price movement has drawn attention to shifting supply dynamics, particularly between short-term holders (STH) and long-term holders (LTH).

Bitcoin's price recently dropped to its lowest levels since November of last year, raising concerns about its future direction.

The newly elected President of the United States, Donald Trump, has made his presence known. President Trump announced he had directed a working group to move ahead with a Crypto Strategic Reserve – a very bullish signal for market participants.

New Hampshire is the latest U.S. state to advance a Bitcoin reserve bill to the House, with its House committee clearing the proposal on March 5.

Options pricing on Deribit suggests BTC could swing by nearly $5K following the crypto summit, according to analysis by STS Digital

The cryptocurrency market surged on March 6, adding nearly 4% in value as investor sentiment improved following US President Donald Trump's announcement of a national crypto reserve. This initiative, which includes Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP, has fuelled optimism after February's sharp decline triggered by trade war concerns.

Recent analyses by crypto experts acknowledge that Bitcoin (BTC) price movements closely correlate with the global M2 money supply. Based on this, they predict potential bullish momentum for the crypto market in late March.

Crypto prices are surging today, March 6, 2025, with Bitcoin (BTC) hitting a three-day high of $92,000. Ethereum price has also gained by 4.6% to around $2,300.

President Donald Trump is set to announce the creation of a U.S. strategic Bitcoin reserve at the White House crypto summit on Friday, according to Commerce Secretary Howard Lutnick.

Bitcoin surged past $90,000 on Wednesday as investors grew hopeful that President Donald Trump might revise tariffs on Canada and Mexico.

Bitcoin bulls may only need to wait three weeks for the exploding global money supply to make itself felt in BTC price action.

A New Hampshire House committee has overwhelmingly approved a bill that could pave the way for Bitcoin investments in the state's treasury. The post New Hampshire House Committee Advances Bitcoin Reserve Bill in Landslide Vote appeared first on Cryptonews.

Bitwise's chief investment officer, Matt Hougan, believes that while US President Donald Trump's proposed crypto reserve includes several digital assets, it will likely end up being made up almost entirely of Bitcoin BTC.

After detaining thousands of Chinese-made Bitcoin mining rigs for months, the United States Customs and Border Protection has started releasing some shipments, according to recent reports.