The global crypto market cap dropped 8.76% to $2.77T. Bitcoin (BTC) is below its 50-day moving average, confirming a bearish trend.
Another wave of pain has hit crypto traders. China just slapped tariffs on U.S. agricultural goods, worth nearly $22 billion.
Over the past four days, Ripple USD (RLUSD) has not been minted at the stablecoin treasury. Ripple Stablecoin Tracker data shows the payment platform last minted 2,500,000 RLUSD on Feb. 28 at its treasury.
This week's U.S. job data and Bitcoin's 10% dip could shape a market bottom, said Fundstrat's head of research, Tom Lee.
The crypto market faces extreme volatility as Bitcoin drops below $84K in a $500B sell-off, driven by CME futures gap corrections and global trade tensions, erasing recent gains from institutional interest. The post Crypto Market Nears ‘Extreme Fear' as Bitcoin Drops Below $84K in $500B Sell-Off appeared first on Cryptonews.
Prominent venture capitalist Chris Burniske says the recent pullback in the crypto markets shouldn't discourage traders from staying invested in the sector. What Happened: In a post on X on Tuesday, Burniske noted that capitulation talk is everywhere, but historically, pivotal crypto moments have never been easy.
XRP's inclusion in the crypto strategic reserve is looked at as a monumental step that could bolster the strength of the platform. With this, the price of XRP triggered a massive upswing and cleared a couple of resistance zones at $2.27 and $2.89.
According to Mike McGlone, senior commodity strategist at Bloomberg, falling Bitcoin and crude oil prices could be a sign of deflation.
Bitcoin has faced massive volatility and selling pressure as wild price swings dominate the market. After reaching a high of $96,000 last week, BTC saw a sharp 18% retrace, plunging to $78,000 last Friday.
Bitcoin, the world's top digital asset, surged by over 20% Monday from last week's lows, with major altcoins following suit. The crypto's rally immediately came after US President Donald Trump's announcement that the administration is considering a strategic reserve covering Bitcoin, Solana, Cardano, Ethereum and XRP.
Whale activity, daily address growth, and derivatives data point toward a possible XRP price rally.
Mexican billionaire Ricardo Salinas has disclosed that 70% of his investment portfolio is allocated to Bitcoin-related assets. The remaining 30% is invested in gold and shares of gold mining companies, according to a Salinas interview with Bloomberg.
President Trump's recent comments on establishing a strategic crypto reserve have sparked a debate within and outside the crypto community. Key figures within the US financial market space have shared their thoughts on the matter.
TL;DR Zora will launch its own token on the Base network and distribute 10% of the total supply in an airdrop for creators, collectors, and developers. 20% of the tokens will be reserved for community incentives such as hackathons and grants, while the team and collaborators will receive 45% with a three-year vesting period.
Ethereum (ETH) has seen a significant decline recently, dropping 15% in just 24 hours, bringing its price down to $2,050. This sharp decrease has erased all of the gains made over the weekend and marked a return to levels last seen in November 2023.
The start of US trade tariffs produces a fresh headache for Bitcoin bulls, with BTC price action increasingly aiming for a rematch with $78,000 lows.
Hayes believes Bitcoin will recover after a dip to $70K, potentially reaching $250K. Despite market volatility, Hayes remains cautious and prefers gradual purchases over-leveraged trades.
Bitcoin (BTC) is trading in bear territory, but from a broader perspective, the asset remains in a bull market after reaching a record high of $108,000 in late January.
Across Protocol has successfully raised $41 million through the sale of its ACX tokens, with Paradigm leading the funding round.
The Bitcoin market is struggling again on Tuesday, as the market continues to see a lot of concerns about the overall economy at this point, and the Bitcoin market could very well continue to struggle as a result.
Digital asset prices remained stagnant despite renewed interest in altcoins. This month, many institutional and retail traders sold holdings to recover previous positions.
The IMF published a new staff country report related to El Salvador in which the fund underscored that El Salvador bitcoin accumulation needs to stop.
As part of a $1.4 billion loan agreement, the IMF is asking El Salvador to stop accumulating BTC. It also wants the country to avoid issuing Bitcoin-backed debt and tokens.
A broad market sell-off hit both crypto, driving $1 billion in liquidations, amid fears of economic fallout from Trump administration tariffs.
The cryptocurrency market was briefly invigorated over the weekend following President Donald Trump's announcement regarding the creation of a “crypto strategic reserve,” which would include tokens such as XRP, Solana (SOL), Cardano (ADA), Ethereum (ETH), and Bitcoin (BTC).
BTC could enter a stagnant phase in the market.
Bitcoin Magazine THNDR Releases Skill-Based Blackjack Game With Bitcoin Lightning Network-Powered Payouts THNDR's latest skill-based gaming offering, Blackjack, aims to attract strategic online gamblers, and uses Lightning to solve payout liquidity challenges. This post THNDR Releases Skill-Based Blackjack Game With Bitcoin Lightning Network-Powered Payouts first appeared on Bitcoin Magazine and is written by Frank Corva.
Millions of people mining Bitcoin could weaken corporate dominance, enhance decentralization, and strengthen network security, reshaping the future of Bitcoin's resilience.
U.S. Treasury Secretary Scott Bessent on Tuesday emphasized a firm commitment to reducing interest rates as a cornerstone of the Trump administration's economic strategy and outlined how lowering rates would alleviate financial pressures on American households and stimulate economic growth. What Happened: In an interview with Fox News on Tuesday, he said doing so would be considered one of the Donald Trump administration's early achievements, even as the president finishes 7 weeks of his second term.
The legal tussle dates back to December 2020 and is among the most intriguing topics in the crypto space.
Ripple's XRP has seen a steep decline, losing over 18% of its value and dropping to $2.30. This sharp drop comes amidst a broader market sell-off, triggered by a brief rally that saw Bitcoin surge to $95,000.
One position worth $126 million was just 4% away from being liquidated.
Despite the bloodbath that took place on the "streets" of the crypto market, it seems that this local bear market is far from over. At least that is what the Bollinger Bands for the third largest cryptocurrency, XRP, indicate.
Ju insists that the recovery of the Bitcoin market is heavily tied to United States investors' sentiment.
With the prices of leading cryptocurrencies like Bitcoin (BTC -7.69%), XRP (XRP -10.11%), and Solana (SOL -14.04%) plunging over the last 30 days, many as much as around 30%, it's natural for investors to fear the onset of a bear market. But there isn't any guarantee that a bear market is here, or that one will come soon.
The cryptocurrency market experienced a significant rally over the weekend, sparked by President Donald Trump's announcement regarding the inclusion of three additional digital assets—Solana (SOL), XRP, and Cardano (ADA)—in a future national “Crypto Strategic Reserve.” This news provided a much-needed respite for the market, which had been grappling with a downturn due to a series of challenges, including a memecoin debacle, a major hack, and ongoing tariff uncertainties.
The cryptocurrency market is under selling pressure, with Bitcoin down over 11% in the last 24 hours to $82,858 at press time. Nearly $1 billion have been liquidated across the crypto market in the last 24 hours, with Bitcoin accounting for $372 million of that total.
Amid the Bitcoin price turbulence over the last week, Michael Saylor's Strategy (MSTR) has been on investors' radar with some citing liquidation risks if BTC falls under certain threshold. Some analysts state that Wall Street players are deliberately pushing BTC down to put pressure on MSTR as well as other leveraged proxies.
The International Monetary Fund (IMF) has set new conditions for El Salvador to receive its full $1.4 billion loan. One key requirement is that El Salvador must gradually scale back its involvement in the Chivo Bitcoin wallet, a government-backed platform introduced after the country adopted Bitcoin. The post IMF Pressures El Salvador to Halt Public Sector Bitcoin Purchases Under $1.4B Deal appeared first on Cryptonews.
Bitcoin's price has been experiencing a massive drop over the past few weeks, and while it initiated a brief recovery recently, the correction is not over yet.
Bitcoin mining firm Marathon Digital reported a decline in Bitcoin production for February, down month-over-month due to higher network difficulty and fewer operational days.
Ethereum (ETH) is the worst-performing crypto of the top 5 this year, as losses accelerated recently to 37.4%.
The International Monetary Fund (IMF) has approved a new 40-month arrangement under the Extended Fund Facility (EFF) for El Salvador, providing access to approximately $1.4 billion to boost the country's growth prospects and address macroeconomic imbalances.
Bitcoin (BTC) analysts went to X this morning, setting a potential recovery roadmap from the crash up to $150,000. Together with the stock market, Bitcoin and other cryptocurrencies crashed once again, with BTC trading below $85,000 on Wednesday.
The crypto market fell back into the red as its market capitalization dropped nearly 11% to $2.75 trillion, erasing all the gains made on Sunday after President Donald Trump's crypto reserve announcement. Sunday's rally began fading on Monday, with Bitcoin (BTC) and other altcoins sliding back to pre-weekend levels.
DeFi protocols had promised a brighter future. The result?
Ethereum has plunged below $2,100, sparking fears of a deeper correction. Will ETH crash to $1,000, or is a rebound on the horizon?
In his latest blog post, titled “KISS of Death,” former BitMEX CEO Arthur Hayes outlines a provocative thesis on the trajectory of Bitcoin and broader financial markets under the renewed presidency of Donald Trump. Hayes—who has long held bullish views on crypto—argues that a convergence of fiscal and monetary policies could catapult Bitcoin's price to as high as $1 million during the Trump 2.0 era, but only after a period of recession-driven turmoil.