Bitcoin price crashed to a low of $91,170 on Monday, as cryptocurrencies and the stock market crashed. Bitcoin (BTC) moved into a technical correction, falling by over 16% from its highest level this year.
Amid the fears caused by Donald Trump, the President of the United States of America affecting tariffs on major trading partners, including China, Canada, and Mexico, wiped $2.26 billion from the crypto market. Following this, the Bitcoin price plunged below $95,000 over the past 24 hours after declining nearly 6% in seven days.
TCY tokens will be distributed at a rate of 1 TCY per dollar of defaulted debt, turning lenders and savers into equity holders.
The Bitcoin Kimchi Premium is reflecting the true state of the market amid 6% drop in the price of BTC.
Bitcoin (BTC) fell to $91,242.89, now trading at $94,504.96 after a 5.93% drop. Market cap declined 5.92% to $1.87T, while trading volume spiked 175.69%.
Crypto exchange-traded products (ETPs) recorded a fourth straight week of inflows, bringing in $527 million last week, according to CoinShares‘ latest report. James Butterfill, the head of research at CoinShares, said that market sentiment fluctuated significantly throughout the week, shaped by broader economic concerns.
Federal Reserve chair Jerome Powell has flung the door open for Wall Street to further adopt bitcoin and crypto
Bitcoin's price dipped to just above $91,000 on February 3, hitting a local low before recovering to around $95,000.
If passed, the bill would allow Missouri to invest up to 10% of its public funds in Bitcoin. This would mark a significant move toward embracing cryptocurrency in state finances.
The crypto market faced a major sell-off early Monday with the majority of digital assets taking a huge hit. In derivatives markets, over $2.2 billion of bullish crypto positions were liquidated over 24 hours, CoinGlass stated in an X post on Monday, highlighting it as the "biggest crypto crash.
MicroStrategy stock remains volatile as Michael Saylor upsizes the STRK offering to $584M. Can the Bitcoin strategy keep paying off?
Bitcoin network transactions have hit their lowest levels since March 2024 while technical indicators show mixed signals, with current distribution phase data suggesting a potential market peak before May 2025.
Satoshi Act Fund founder and CEO, Dennis Porter, is certain that Utah will be the first state to pass a strategic Bitcoin reserve legislation in the U.S.
Buying the dip after a massive liquidation flush and higher demand for stablecoin could fuel growth in bitcoin and the broader crypto market, some say.
Inflows into spot Bitcoin exchange-traded funds in the United States sharply tapered off over the past week amid the Fed's decision on interest rate cuts and a broader risk-off sentiment among investors following concerns over China's launch of the AI
Late January and early February 2025 have proven turbulent for both the cryptocurrency and the stock market. China's novel DeepSeek artificial intelligence (AI) model was the first to generate strong headwinds as it marked the entry of a new and powerful competitor to a sector otherwise dominated by American big tech.
The cryptocurrency market lately saw an awful lot of liquidations, worth $2.2 billion to be exact. With Bitcoin (BTC) touching $91,231 on Binance, many altcoins, like Ethereum first of all, experienced an average of 20% drawdowns, causing pain and deposit annihilation big time.
Bitcoin asserts its dominant position against altcoins. The queen of cryptos sees its market share cross the symbolic threshold of 60% on February 2, while altcoins suffer significant losses following the new trade measures imposed by President Trump.
The BTC dominance has skyrocketed by 2.5% in a day.
Bitcoin's price fluctuations reflect macroeconomic trends, impacted by US policy changes. Despite a dip below $100,000, BTC shows structural strength, influenced by institutional interest and economic factors.
Bitcoin's NVT Golden Cross surpasses a critical level, signaling the BTC market is overheated.
Bitcoin ($BTC) now trades at $95K after briefly touching $92K for the first time in three weeks. Out of the 100 top tokens, only four recorded minor 24-hour gains, including $FARTCOIN with an 8% increase (huh).
Metaplanet, OSL Group and Boyaa led the crypto stock downturn as Bitcoin fell to $91,163 amid broader market fears over tariff trade wars.
Bitcoin now commands nearly 62% of the total crypto market, its highest level since February 2021. As altcoins struggle, traders are closely watching BTC's price movement, particularly the $102,436 CME Gap—a crucial level for potential reversals.
Families are ditching traditional college funds and 529 plans for crypto's potential high returns. With Bitcoin surging past $100,000, some see it as a game-changer for securing their children's financial future.
Renowned economist Peter Schiff commented on Bitcoin's (CRYPTO: BTC) market slump on Sunday, drawing an unusual analogy with “soothsayer” groundhog “Punxsutawney Phil's” prolonged winter prediction. What Happened: Schiff took to X to point out the large drop in the value of Bitcoin and Ethereum (CRYPTO: ETH), the two biggest cryptocurrencies by market capitalization.
Robert Kiyosaki, renowned investor known for authoring a best-selling book on personal finance management “Rich Dad Poor Dad”, has taken to social media to comment on the current bloodbath faced by financial markets, including Bitcoin.
Canada, Mexico and China promised “retaliatory measures” for Trump's tariffs, which “heightened investor anxiety," leading to the crypto market downturn, analysts told Cointelegraph
A weekend announcement of new U.S. trade tariffs triggered the largest cryptocurrency liquidation event in history, pushing Bitcoin below $92,000 before recovering to $95,000 amid broader market uncertainty.
In January, the 12 spot bitcoin ETFs saw about $5.25 billion in monthly inflows, up from $4.53 billion in December 2024.
Monochrome has registered its Bitcoin and Ethereum ETFs in Singapore, targeting accredited investors, and aims to expand regionally by 2025.
Bitcoin (BTC) carries blocks with few transactions and has an almost empty mempool, despite the recent volatile price action. More BTC owners hold their coins as a store of value, slowing down network usage.
The Bitcoin price sank by more than 13.5% over the weekend, dropping as low as $91,201 on Binance. The sell-off followed US President Donald Trump's announcement of new trade tariffs.
Jeff Park, Head of Alpha Strategies at Bitwise Asset Management, stated that a prolonged tariff war could have a substantial positive impact on Bitcoin over time.
Trading volumes on Korean exchanges Bithumb and Upbit have dropped significantly in the past week, indicating a drop in retail trading activity.
Bitcoin dropped below $100,000 for the first time since Jan. 27, despite closing January at a record high of $102,412.
Bitcoin fell below $100,000 on Sunday after President Trump announced new tariffs on imports from Canada, Mexico, and China, causing a sharp downturn in the cryptocurrency market.
The Bitcoin Kimchi Premium index has hit a three-year high due to economic factors like the strong U.S. Dollar or global trade war fears.
Bitcoin has recently shown signs of a rounding top pattern, marked by a 6.4% decline over the last 24 hours. This pattern was validated when BTC fell to $90,000 during an intra-day low, triggering panic selling.
Charles Hoskinson, the founder of Cardano (ADA) and CEO of Input Output Global (IOG), delivered a wide‐ranging AMA on February 2, 2025, covering potential partnerships with the Internet Computer Protocol (ICP), Cardano's stablecoin strategies, Bitcoin interoperability, and ongoing initiatives with various countries.
US spot Bitcoin ETFs saw inflows totaling nearly $5 billion in January, a strong start that could push them toward $50 billion or more by the end of the year, according to Bitwise CIO Matt Hougan. The post US Spot Bitcoin ETFs See $5B Inflows in January, Could Surpass $50B in 2024: Bitwise CIO appeared first on Cryptonews.
The price of Bitcoin (BTC), after reaching record levels, is experiencing a period of high volatility.
Bitcoin's (BTC) price fell to $91,180, reflecting a drop of 10% in the last 24 hours, and now there are growing fears that it could fall even further. According to Derive.xyz, the on-chain options market shows a 22% chance that Bitcoin could plummet to $75,000 by March 28.
Bitcoin and Ethereum plummeted after Trump's tariff shock, sparking over $2.21B in liquidations. BTC nears key support at $93.8K, while ETH holds strong above 2,150.
Bitcoin ETFs are on track to surpass $50 billion in inflows by the end of 2025, fueled by strong institutional adoption and record-breaking demand.
The market for cryptocurrencies is under heavy stress. Slipping below the $100,000 level, Bitcoin has been battered by economic uncertainty brought on by US President Donald Trump's new wave of tariffs.
Senator Cynthia Lummis has stated that the Strategic Bitcoin Reserve could serve as a financial safeguard and a means to address past generations' fiscal mismanagement.