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news-imageMarch 16, 2025

Bitcoin On The Rise: Is $90,000 The Next Stop? Key Signals To Watch

Bitcoin is currently showing signs of recovery after a period of high volatility. Despite a 30% drop from its historic peak in January, the queen of crypto seems to be finding some stability.
Publisher: Cointribune
Sentiment: Positive
BTC

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Neutral
cover-imageCointelegraph
March 17, 2025

Price analysis 3/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI

Bitcoin (BTC) has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.CoinShares' weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week.

Positive
cover-imageBitcoin
March 17, 2025

Bitcoin's Hashrate Bounces Back: Miners Power Through Revenue Dip

Bitcoin's hashrate has bounced back impressively after dipping to 752 exahash per second (EH/s) on Feb. 25, now climbing to 819.65 EH/s, even as earnings took a notable hit in March. Earnings Drop, Hashrate Rises The network's computational strength has strengthened, currently sitting over 67 EH/s above its Feb. 25 low.

Positive
cover-imageCointelegraph
March 17, 2025

BTC dominance steadily rising since 2023, is altseason now a relic?

Bitcoin (BTC) dominance, a measure of Bitcoin's overall share of the crypto market, has been steadily rising since 2023 amid a torrent of new cryptocurrency coins and tokens.The current BTC market dominance is roughly 61.6%, down from the local peak of 64.3% recorded on Feb. 3. BTC market dominance broke back above 60% on Feb. 2 amid a general market downturn over fears of a prolonged trade war between the United States and its trading partners.

Negative
cover-imageCoindesk
March 17, 2025

South Korea's Central Bank Rejects Bitcoin

South Korea's central bank rejects establishing a bitcoin strategic reserve, Telegram's CEO returns to Dubai and is free to travel, and failed hedge fund 3AC's claim against FTX jumps from $120M to $1.5B. CoinDesk's Christine Lee hosts "CoinDesk Daily.

Positive
cover-imageBitcoin Magazine
March 17, 2025

Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History

Bitcoin Magazine Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History From just $5 in 2012 to over $83,000 in 2025, Bitcoin's price history on Saint Patrick's Day showcases its explosive growth. This post Bitcoin's Unstoppable Rise: A Saint Patrick's Day Price History first appeared on Bitcoin Magazine and is written by Nik.

Negative
cover-imageBenzinga
March 17, 2025

Bitcoin ETFs See Record $5.5 Billion In Outflows In 5 Weeks As Tariff Turbulence Looms

U.S.-listed Bitcoin (CRYPTO: BTC) exchange-traded funds are grappling with their most prolonged stretch of net outflows since their debut in January last year, as investors react to market volatility spurred by President Donald Trump's tariff-driven trade policies. What Happened: Over the past five weeks, the group of 12 Bitcoin ETFs has collectively shed more than $5.5 billion, according to data compiled by Bloomberg.

Positive
cover-imageBenzinga
March 17, 2025

Strategy Purchases 130 More Bitcoin, Now Holds Over 499,000 BTC

Strategy (NASDAQ:MSTR) has added 130 more Bitcoin (CRYPTO: BTC) to its already massive digital asset reserves, bringing its total BTC holdings to 499,226. What Happened: According to an SEC filing, the purchase, completed between March 10 and Marc 16, cost the company approximately $10.7 million, at an average price of just under $83,000 per Bitcoin.

Positive
cover-imageCrypto Economy
March 17, 2025

Michael Saylor: Large Tech Firms May Soon Support Bitcoin Holdings

TL;DR Michael Saylor suggested that major tech companies might integrate Bitcoin into mobile devices, although there is no official confirmation. Bitcoin adoption on smartphones would enhance accessibility and could transform financial and regulatory markets. If this integration materializes, millions of users could manage BTC without relying on external applications.

Positive
cover-imageBenzinga
March 17, 2025

Bitcoin, Altcoin Outlook Remains Positive, Says Defiant Trader Who's 45% Down On His Investments

Despite the current market uncertainty, prominent crypto trader Michaël van de Poppe remains highly optimistic about Bitcoin (CRYPTO: BTC) and altcoins. What Happened: Van de Poppe argued on X on Monday that while sentiment feels low, market bottoms present the best buying opportunities, adding that this bull cycle is more complex than previous ones.

Positive
cover-imageCryptonews
March 17, 2025

Brazil Introduces Legislation to Allow Partial Salary Payments in Bitcoin

Brazil has taken a significant step in integrating cryptocurrency into its financial system.On March 12, 2025, Federal Deputy Luiz Phillipe de Orleans e Bragança introduced legislation that permits partial salary payments in Bitcoin (BTC). JUST IN: 🇧🇷 Brazil bill seeks to legalise the use of Bitcoin to pay salaries and benefits. pic.twitter.

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