Bitcoin plunges below $90K after a $1.5 billion Bybit hack. Regulatory fears fuel the selloff—is the worst yet to come?
Extreme bearish sentiment grips crypto as BTC, ETH, XRP, and SOL face declines, but historical trends hint at a potential market bottom.
Bitcoin exchange-traded funds (ETFs) faced a massive $1 billion outflow on Feb. 25, marking the largest single-day withdrawal since their inception. Ether ETFs also experienced a significant net outflow of $50 million. Historic Withdrawal Sees Bitcoin ETFs Lose $1 Billion in a Day With Ether ETFs Down $50 Million On Tuesday, Feb. 25, U.S.
Bitcoin's recent price crash took the entire market by surprise, leaving bullish investors reeling in losses. Particularly, this crash saw Bitcoin losing its foothold at the $90,000 price level and extended a crash across multiple cryptocurrencies.
In the wake of the 450% gain Bitcoin (BTC -1.29%) has logged since late 2022, it's not a stretch to suggest that plenty of investors are kicking themselves for not buying into (literally and figuratively) the cryptocurrency movement. Even without understanding what they're worth or how they're valued, clearly at least a few people are getting very, very rich off of digital currencies.
India's Central Bureau of Investigation is conducting nationwide raids in connection to the GainBitcoin scam, which defrauded 8,000 investors with false Bitcoin returns.
Strategy's (formerly MicroStrategy) stock (MSTR) has taken a significant hit. The stock fell by double digits following a sharp decline in Bitcoin's (BTC) price.
U.S. Bitcoin ETFs faced an unprecedented outflow on February 25, with investors pulling nearly $940 million from these funds, the largest one-day withdrawal since their launch in January 2024.
Data shared by the analytics account Spononchain has revealed that spot Bitcoin ETFs have faced a massive Bitcoin withdrawal which closely approached $1 billion.
Over $5 billion of notional value is set to expire this Friday on Deribit at 08:00 UTC.
Over $5 billion of notional value is set to expire this Friday on Deribit at 08:00 UTC.
A similar chart pattern in August 2024 resulted in a 40% Bitcoin price rally from $53,400 to $74,000. Is history about to repeat for BTC?
Spot Bitcoin ETFs in the United States experienced their largest-ever daily net outflows on Tuesday, with total withdrawals reaching $1.01 billion The post U.S. Spot Bitcoin ETFs See Record $1B Daily Outflows as 10 of 12 Funds Report Withdrawals appeared first on Cryptonews.
A Strategic Bitcoin Reserve Bill is heading towards a full vote after passing in the Oklahoma State House Committee, despite BTC's recent drop below $90,000.
MicroStrategy (now Strategy), the corporate intelligence company, is having operational challenges right now. From their November top of $475, its shares have dropped more than 55%.
In the latest crypto market crash, Bitcoin (BTC) dipped below the significant $90k support, sparking investor concerns. However, Binance CEO Changpeng Zhao offered a reassuring outlook, predicting Bitcoin (BTC) will bounce back and eventually reach $1 million.
Bitcoin wobbles below a critical threshold, and the pressure is intensifying. While the cryptocurrency had exceeded the $90,000 mark a few weeks ago, it now finds itself below $85,000, prompting analysts to consider a more pessimistic scenario.
Genesis Digital Assets is a private bitcoin miner that claims to have one of the largest hashrate capacities in the world.
John Bollinger is not buying into the bear market panic just yet. The man behind the well-known Bollinger Bands indicator, a tool many traders swear by, recently shared his take on Bitcoin's latest price drop.
Oklahoma advances toward Bitcoin adoption with the Strategic Bitcoin Reserve Act, allowing up to 10% of public funds to be invested in Bitcoin or similar digital assets, pending legislative approval. The post Oklahoma Moves Closer to Bitcoin Adoption with Strategic Reserve Bill Approval appeared first on Cryptonews.
Bitcoin has fallen below $90,000 due to economic concerns and market fears, but analysts point to oversold conditions and institutional adoption as reasons to remain optimistic about its long-term prospects.
Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator has announced the acquisition of an additional 11.1 BTC as part of its ongoing treasury strategy, initially revealed in June 2024. This latest purchase follows the company's recent acquisition of 51 bitcoin earlier this month, elevating its total treasury holdings to 82.6 BTC.
Spot Bitcoin ETFs in the U.S., having bled for most days in February, have now recorded their largest daily outflow of $938 million.
Following the last two days of heavy downward price action, the market must be wondering if there is more to come. A bounce from $86,000 has stopped the rot for now.
GameStop is considering using its $4.6 billion cash reserves to purchase Bitcoin following a recommendation from Strive Asset Management, potentially transforming the former meme stock into a major corporate Bitcoin holder.
Strategy (formerly MicroStrategy) stock has fallen 16% year-to-date as Bitcoin prices correct, though the company maintains significant unrealized profits on its 499,096 Bitcoin holdings purchased at an average cost of $66,350 per coin.
President Donald Trump's controversial memecoin launch in January could have catalyzed the recent Bitcoin (BTC) and crypto market peak, according to the macro strategist Jim Bianco.
Admittedly, there's cause for concern if you're thinking about buying Bitcoin (BTC 0.80%) right now. Bitcoin has dipped below the psychologically important $100,000 price point, and at one point in January, it even fell below $90,000.
According to an industry expert Peter Chung, these outflows may have been caused by the unwinding of basis trades by institutional investors.
Strive Asset Management has called on GameStop to allocate a significant portion of its $5 billion cash reserves to Bitcoin. In a Feb. 24 letter, Strive CEO Matt Cole outlined how Bitcoin adoption could reshape the gaming retailer's financial strategy and market position.
Bitcoin short-term holders enter panic mode as they cross into aggregate loss thanks to a sub-$90,000 BTC price.
Many on-chain metrics show signs of capitulation and seller exhaustion in bitcoin.
Many altcoins are well in the green on a daily scale now after the violent correction yesterday.
Spot Bitcoin ETFs in the United States have recorded six consecutive days of outflows highlighting a sharp drop in institutional interest. On Tuesday, the net outflows stood at a staggering $937 million, marking the biggest single-day outflows since inception.
The recent Bitcoin (BTC) price struggles have led to people carefully monitoring every event around the market, which could affect its performance. Of these, BlackRock selling news is gaining the most attention, as reports suggest that it has transferred millions of assets to Coinbase Prime.
Bitcoin (BTC) drops below $89K amid Bybit hack, ETF outflows, and market uncertainty. Trump's tariffs on Canada and Mexico add pressure to global markets.
US spot Bitcoin ETFs recorded their largest-ever daily outflow of $937.9 million on February 25 as Bitcoin's price dropped below $90,000, with analysts suggesting many investors are hedge funds seeking arbitrage rather than long-term holders.
Bitcoin has seen a crash to the $87,000 level in the past day, but if on-chain data is to go by, the plunge could get much deeper. Bitcoin Has Lost An Important Support Level With The Crash In a new post on X, the on-chain analytics firm Glassnode has discussed about how some Bitcoin indicators have changed following the plunge in the cryptocurrency's price.
Changpeng Zhao, famous within the crypto community as CZ, the former Binance chief executive and the platform's co-founder, has taken to social media to address concerns expressed by many on the market at the moment – regarding the future of the Bitcoin price.
The rout in the cryptocurrency market on Tuesday brought about record outflows from spot bitcoin ETFs in the U.S
Bitcoin plunges to $87K amid global trade tensions, a $1.5B Bybit security breach, and market-wide risk aversion. Traders eye dip-buying opportunities, but bearish technical signals loom. Read the full analysis! The post Bitcoin on the Edge: Dips to $88K Amid Global Market Jitters appeared first on Cryptonews.
Analysts have highlighted a Bitcoin top-formation pattern similar to 2021, suggesting the possibility of an additional 10-20% correction from current levels.
Binance Founder CZ posted a tweet making a recent Bitcoin prediction. The cryptocurrency has fallen to $85,000 for the first time in 2025.
Ryan Cohen has confirmed that he received the letter from Matt Cole.
Despite the recent price drop, the financial analysis firm Bernstein remains optimistic and maintains its ambitious forecast of $200,000 for bitcoin. Its analysts view this correction as a strategic buying opportunity ahead of the next cycle peak.
The cryptocurrency market has faced a major dip, with Bitcoin (BTC) touching the $86,000 mark. This recent decline has sparked panic across social media platforms, as traders watch closely for further volatility. As of the latest data, Bitcoin is priced at $88,275.05, marking a 1.67% drop in the past 24 hours.
In the short term, fear is evident, but in the medium term, things could change.