Bitcoin (BTC) is in a tight spot. Right now, it is trading at $81,800, sitting between two major liquidity zones that could determine its next move.

Data shared by the popular blockchain sleuth Whale Alert, which monitors large crypto transfers and shared the details on its X account, shows that several hours ago, major US-based cryptocurrency exchange Kraken faced a massive Bitcoin withdrawal.

Crypto asset manager Bitwise Asset Management, overseeing $12 billion in client assets, has announced the launched the Bitwise Bitcoin Standard Corporations ETF (NYSE:OWNB) on NYSE Arca, targeting companies holding at least 1,000 Bitcoin (CRYPTO: BTC) in their corporate treasuries. What Happened: Announced on March 11, the ETF tracks the Bitwise Bitcoin Standard Corporations Index, spotlighting over 70 publicly traded firms that have embraced Bitcoin as a treasury asset, reflecting a growing corporate trend to diversify cash reserves amid economic uncertainty.

TL;DR Bitcoin surpassed $82,000 again, marking a 1.01% recovery after the recent decline triggered by global economic tensions. Altcoins like XRP (+8.3%) and Cardano (+5.6%) lead the surge, demonstrating strong investor interest following the market-wide correction. Senator Cynthia Lummis's legislative proposal to expand the strategic Bitcoin reserve in the U.S.

The bill aims to allocate up to $250 million of state funds to Bitcoin and digital assets. It signals Texas's growing commitment to the future of finance.

On Tuesday, March 11, bitcoin ETFs experienced net outflows of $371 million, marking a full week of consecutive withdrawals. Ether ETFs also faced challenges, with $22 million in net outflows, extending their streak to five days.

Bitcoin (BTC) is currently trading at $82,501, after a sharp drop to $76,000 yesterday, the lowest level in months before rebounding. Caution in the crypto market suggests Bitcoin traders are bracing for turbulence rather than betting on a sustained rally.

The European Union's latest retaliatory tariffs have deepened macroeconomic uncertainty, prompting crypto analysts to forecast increased volatility for Bitcoin prices, which may drop below the critical $75,000 support level.The EU will impose counter-tariffs on 26 billion euros ($28 billion) worth of US goods starting in April, the European Commission announced on March 12, responding to US President Donald Trump's recent move to impose 25% tariffs on steel and aluminum imports. This move is the latest retaliatory tariff announcement in response to US import tariffs, which may trigger renewed trade war concerns and market volatility in the near term.

Asset manager HANetf has introduced leveraged and inverse crypto ETCs, offering traders a new way to bet on Bitcoin and Ethereum price swings.

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Metaplanet's shares shot up almost 8% after the company acquired a massive 162 BTC at an average price of $83,123 per Bitcoin.

The bullish divergence means the stage is set for a positive response to a potential soft U.s.

The collaboration aims to expand access to tokenized private credit and other real-world assets in the region.

21Shares' Bitcoin Ethereum Core ETP, ABBA, will be listed on Deutsche Börse's Xetra platform as the firm reduces the product's management fee by 0.49%.

European leaders remained largely passive to the news about America's so-called “Fort Knox for digital gold,” having already nixed the idea of a Bitcoin reserve in the past weeks and months. Some in the East suggested, however, that European nations should have their own Bitcoin vaults.

It's hard to imagine a larger catalyst for cryptocurrencies than the one on March 6, when the White House issued an executive order that the U.S. would be forming both a Strategic Bitcoin Reserve and a national Digital Asset Stockpile.

Bitcoin spikes 5.48% yesterday, trading at $81,820 with a $1.62 trillion market cap. Broader market rally fueled by Bitcoin Act Bill and US-Ukraine ceasefire agreement.

Bitcoin dominance hit a new cycle high despite price correction as investors shift from altcoins, driven by stronger-than-expected U.S. job growth and the Federal Reserve's hawkish stance.

Recession concerns push Bitcoin below $80K, altcoins face severe losses.

Starknet has announced its ambitious plan to become the first Layer 2 solution to unify Bitcoin and Ethereum, aiming to enhance bitcoin's functionality and scalability while preserving its core principles of decentralization and trustlessness.

The idea, which may seem out of left field to some, could have a profound impact on America's economic future. It would diversify reserves and strengthen the country's position in the global digital economy.

The Japanese firm now holds roughly $250 million in Bitcoin as it ramps up its accumulation strategy and buys the dip.

A key driver behind a 6.4% surge in the price of Bitcoin (BTC) may have been the announcement by the U.S. government of a potential 30-day ceasefire in Ukraine, as long as Vladimir Putin is in agreement.

BTC bulls have been quite active over the past 24 hours, while PI's price jumped above $1.70.

Bitcoin is showing strong bearish signals as key valuation metrics indicate weakness. Demand is contracting, whales are slowing accumulation, and spot Bitcoin ETFs have turned into net sellers. Currently, the BTC price stands at $82,706 – at least 32.39% below the all-time high.

With similar economic pressures resurfacing, is Bitcoin at risk of repeating history?

Bitcoin is often said to be a kind of “digital gold” due to its scarcity, with its supply capped to a maximum of 21 million coins that will ever be produced.

Bitcoin's price may bottom around $70,000 as short-term holders who bought near the all-time high drive selling pressure amid recession fears.

Unhappy days are here again for Bitcoin (BTC 0.71%) owners. The cryptocurrency's price has plunged roughly 24% after hitting an all-time high earlier this year.

Ethereum-to-bitcoin ratio hits lowest level since 2020, as four-year CAGR goes negative.

Bitcoin (BTC) bounced back to around $82,000 after dropping below $78,000 on Sunday, sparking a small rally in major tokens. Ether (ETH), BNB, XRP, and Cardano's ADA rose by up to 3%, helping to recover some losses from the past week.

An analyst has explained how a moving average (MA) that has historically served as the boundary for bear markets is situated at this level. Bitcoin 50-Week MA Is Currently At $75,195 In a new post on X, analyst James Van Straten has shared a couple of important MAs related to Bitcoin.

The legislation, which Lummis first proposed last year, seeks to codify President Trump's recent executive order. The order establishes a Bitcoin reserve for the U.S. government.

As Bitcoin hovers around $81,000, a massive transfer of nearly 12,000 BTC by the former defunct giant reignites speculation. Between the psychology of the players and invisible market mechanisms, a breakdown of a tremor that recalls the fragility of an ecosystem still marked by its ghosts.

Large holders of Bitcoin (BTC) have accumulated BTC worth hundreds of millions of dollars over the past week amid the crypto selloff, according to analytics platform Santiment.

In a groundbreaking revelation, 21Shares announced a significant reduction in the management fees for its Bitcoin Ethereum Core ETP (ABBA). In addition, the ETP provider listed ABBA on the Xetra exchange, effective March 12, 2025, aiming to make crypto investments more affordable and accessible.

Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports.Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to exit the market.

Bitcoin whales are back buying BTC while “panic” is keeping smaller investors away, according to new research.Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin (BTC) at $80,000 is proving attractive for large-volume investors, or at least a poor value selling proposition for those wishing to exit the market.

The bill proposes purchasing 200,000 BTC annually for five years. What are the potential implications of this on market sentiment and U.S. debt reduction?

Following US President Donald Trump's executive order establishing a Strategic Bitcoin (BTC) Reserve, Republican Senator Cynthia Lummis announced she would reintroduce her Reserve bill in the Senate to implement a BTC purchase program.

Metaplanet purchased 162 Bitcoin for $13.5 million and issued zero-coupon bonds to fund further Bitcoin acquisitions as it continues to transform from a budget hotel operator into a major corporate Bitcoin holder.

Cryptocurrencies price trends are showing significant movement, with Bitcoin price hovering around $81k after a slight recovery of 5% yesterday. This comes after a notable price correction in the past few days.

The provision sets a maximum cap of 250 million dollars.

Bitcoin has once again made a strong comeback, reclaiming the $80,000 level after dipping to a four-month low. This recovery has brought fresh optimism among investors, but uncertainty still lingers as key U.S. CPI data is expected to come on March 12.

Pro-crypto Senator Cynthia Lummis has revived legislation that establishes a strategic Bitcoin reserve and implements a BTC purchase program.

Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026.

The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.

Bitcoin rebounds above $83K as Trump's crypto reserve proposal fuels investor optimism. Will BTC break resistance at $83,800, or face another selloff? The post Bitcoin Bounces Back to $83K – Will It Smash Resistance or Face Rejection? appeared first on Cryptonews.