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news-imageFebruary 24, 2025

Bitcoin, Ethereum, XRP, Dogecoin Slide Lower: 'BTC Coming Into A Critical Area – Bounce Or Die,' Trader Says

Crypto markets are under pressure on monday as Bitcoin struggles to reclaim $96,000. Sentiment remains weak amid recent hacks and ETF outflows.
Publisher: Benzinga
Sentiment: Negative
BTC
DOGE

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Neutral
cover-imageCryptonews
February 24, 2025

Ethereum Price Dumps 8%, But Presents Excellent Risk Reward – Big Bounce Coming?

The Ethereum (ETH) price dumped 8% on Monday as the market continued to digest the fallout in wake of the near-$1.5 billion Bybit hack, but despite the downbeat price action, various experts remains highly bullish on Ethereum's long-term outlook. The post Ethereum Price Dumps 8%, But Presents Excellent Risk Reward – Big Bounce Coming? appeared first on Cryptonews.

Neutral
cover-imageBitcoin
February 24, 2025

BTC Price Analysis: Bitcoin Battles Key Support at $93K – Breakdown or Bounce?

Bitcoin currently hovers at $93,983, boasting a valuation of $1.86 trillion and a 24-hour trading volume of $35 billion. Its intraday movement oscillates between $93,607 and $96,480, resting 13.6% beneath its historic price peak. Bitcoin On the BTC/USD 1-hour chart, fleeting fragility persists as bitcoin carves successive troughs and wavers near the $93,607 support.

Negative
cover-imageBitcoin
February 24, 2025

Bitcoin's 90-Day Range Tests Traders as Macro Headwinds Mount: Bitfinex Analysts

Bitcoin has traded between $91,000 and $102,000 for over 90 days as fading institutional demand and macroeconomic pressures stall momentum, according to a Bitfinex Alpha Report released this week. Bitfinex Alpha Report—Crypto Market Contraction Deepens With Inflation, Policy Risks in Focus Bitfinex analysts noted bitcoin's (BTC) volatility spiked briefly on Feb. 21 amid a $1.

Positive
cover-imageCryptonews
February 24, 2025

Strategy Buys $2 Billion More Worth Of Bitcoin

Strategy has purchased an additional 20,365 Bitcoin, valued at nearly $2 billion, bringing total holdings to 499,096 BTC worth approximately $33.1 billion. This acquisition advances its "21/21" plan, highlighting ongoing institutional adoption despite recent Bitcoin market volatility. The post Strategy Buys $2 Billion More Worth Of Bitcoin appeared first on Cryptonews.

Neutral
cover-imageBenzinga
February 24, 2025

Hedera Down 35% In A Month, But Jumps Ahead of Dogecoin, XRP, Solana In ETF Race

Hedera (CRYPTO: HBAR) has seen a 35% decline this past month, but the approval process for a spot HBAR ETF has triggered renewed interest among traders. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Hedera (CRYPTO: HBAR) $0.2139 $8.96 billion +1.8% +1.3% XRP (CRYPTO: XRP) $2.44 $141.4 billion -4.3% -7.4% Cardano (CRYPTO: ADA) $0.7253 $25.5 billion -5.2% -8.6% Trader Notes: Crypto trader Javon Marks sees HBAR's first breakout target at $0.504, a 128% increase from current levels.

Positive
cover-imageThe Currency Analytics
February 24, 2025

Michael Saylor Hints at $42B Bitcoin Acquisition Plan

Michael Saylor, the co-founder of Strategy (formerly MicroStrategy), has hinted at a potential large-scale Bitcoin acquisition, fueling speculation about his company's next move in the crypto market. As the crypto community anticipates the statements, there are growing signs that Strategy could be preparing to invest up to $42 billion in Bitcoin, further cementing its commitment to the digital asset.

Negative
cover-imageCoinPedia
February 24, 2025

XRP's Path to $2.10, Bearish Signal Flashes Warning

In the past few days, the overall cryptocurrency market has experienced a notable price drop, shifting market sentiment. Amid this, XRP, the native token of Ripple Labs, failed to hold its crucial support level at the $2.50 mark and is now poised for a significant decline.

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