Crypto markets have continued to dump this week, with further losses on Friday sending markets to a 16-week low.

Bitcoin has experienced a sharp decline in price this week, dropping from $95,700 to below $80,000. The crypto king's recovery seems uncertain, as large wallet holders, known as whales, have capitalized on the price dip, selling a substantial amount of their BTC holdings.

Spot Bitcoin exchange-traded funds in the United States continued their outflow streak on Feb. 27 as Bitcoin tumbled under $80k, driving a risk-off sentiment across the broader crypto market.

Master Ventures founder Kyle Chasse says Bitcoin needs to find genuine buyers, not hedge funds, who “don't care about Bitcoin” and are just chasing “low-risk yield.”

Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum.

Bitcoin's drop below $80,000 comes as ETF outflows surge and macro pressures mount. But how does the current dip stack up against the past?

A hacker responsible for the $1.4 billion Bybit heist has laundered over 50% of the stolen Ethereum in just five days, pushing THORChain's transaction volumes to record highs. According to blockchain analytics firm Spot On Chain, the attacker moved 266,309 Ethereum (ETH), worth approximately $614 million, at an average rate of 48,420 ETH per day.

Bitcoin has fallen below $80,000 for the first time since November, erasing gains made since Donald Trump's election amid growing concerns over proposed tariffs. According to crypto.news price tracker, Bitcoin (BTC) has dropped to the $79,800 range on Feb.

MetaMask will expand from Ethereum Virtual Machine chains for the first time in May when it will add support for Solana, while Bitcoin will also be integrated in the third quarter.

The crypto wallet also vowed to improve user experience with new updates such as gas abstraction and multiple SRPs.

A THORChain dev has backed out and a validator is threatening to follow as North Korean hackers have reportedly sent $605 million worth of crypto through the protocol.

According to data provided by CoinGecko, the price of Bitcoin, the largest cryptocurrency, has crashed to $79,276, the lowest level since November.

February 28, 2025 05:46:55 UTC What Happened To Crypto Today? Bitcoin (BTC) fell below its 200-day simple moving average (SMA) on Friday, marking a 16% weekly loss and briefly dipping below $80,000 for the first time since November 10. The decline was fueled by renewed concerns over U.S. tariffs, which boosted demand for the U.S.

MetaMask is set to launch a key update that will bring smart contract capabilities and provide native support for Bitcoin and Solana networks. The announcement, made on Feb.

Today, approximately $5.79 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.

Bitcoin (BTC) is currently trading below key demand levels after losing the $90K mark earlier this week. The price has tagged fresh lows, and bulls have lost control as the market faces intense selling pressure.

Standard Chartered predicts Bitcoin could reach $200,000 this year and $500,000 by the end of Trump's second term.

Bitcoin price took a dip under $80,000 earlier today in yet another crypto market crash while top altcoins like Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE) corrected 8% each in this market fall. There's an absolute bloodbath on the Satoshi Street with BTC and other digital assets extending weekly losses to more than 20-25%.

Bitcoin's decline deepened during Asian trading hours on Friday, with the cryptocurrency dropping below $80,000 for the first time in three months. The post Bitcoin Drops to Three-Month Low Under $80K, Erasing All Trump Election Gains appeared first on Cryptonews.

Bloodshed in the crypto market doesn't seem to be stopping as nearly $700 billion has been wiped out. In the past eight days, Bitcoin has fallen from $99,000 to $79,000, losing all the gains it made from the hype around President Trump's pro-crypto policies.

Analysts are predicting how deep the bitcoin price correction could go and if it will escalate into a full blown market crash

Ethereum has been experiencing significant downward pressure, as the ongoing bear market intensifies. The cryptocurrency has seen a substantial drop over the past few days, and it now finds itself testing crucial support levels that could determine its next major price movement.

The cryptocurrency market tumbled on February 28 as Bitcoin (BTC) briefly dipped to $79K, triggering a wave of liquidations. Ethereum (ETH) followed suit, falling below the $2,200 mark, while major altcoins, including XRP and Solana (SOL), shed nearly 8% in value.

ETH market shows signs of recovery as whales accumulate, net inflows rise, and volatility stabilizes, suggesting a potential bottom.

The Ethereum market value experienced considerable downward pressure by pushing the cryptocurrency toward the important $2,200 support point. The sustained price reduction of Ethereum continues to concern market participants about potential deeper losses or chances to recover previous value.

The Bitcoin price has experienced such severe downward pressure and volatility that many are starting to believe that the bear market may have begun. While some analysts hope for a price reversal to the upside, others predict a further crash to $70,000, eradicating almost all gains achieved after the US election rally.

Bitcoin was trading at $81,704 in early trading in Asia, down 2.7% on the day and nearly 25% lower than an all-time high hit in mid December.

Jamie Dimon, the CEO of banking heavyweight JPMorgan, has acknowledged the importance of smart contracts-based cryptocurrencies, in stark contrast to his views on Bitcoin (CRYPTO: BTC). What happened: During a CNBC interview in January 2023, the CEO of the world's most valuable banking company stated that cryptocurrencies with embedded smart contracts possess value.

The hacker behind the $1.4 billion Bybit exploit has already laundered more than 50% of the stolen Ethereum, primarily using THORChain to swap ETH for Bitcoin. According to blockchain analytics firm Spot On Chain's Feb.

Traders on social media seem keen to buy the dip, but onchain analytics platform Santiment says this doesn't necessarily mean it's time to buy yet.

Crypto prices today (February 28) continue to face severe heat, as indicated by Bitcoin (BTC) price briefly touching a $79K low in the past 24 hours. Simultaneously, Ethereum (ETH) price tanked below the $2,200 level during early Asian hours on Wednesday.

Ethereum price started a fresh decline from the $2,350 resistance zone. ETH is now consolidating losses and might extend losses toward the $2,000 support.

Bitcoin (BTC) has experienced significant downward pressure recently, with its price falling 11% in just one week. The cryptocurrency has dropped below the critical $90,000 level for the first time since November 2024, currently trading around $85,985.

Within a week, the Bybit hacker has laundered more than 50% of the stolen Ethereum worth up to $614 million. In the last 6 days, the hacker has washed 266,309 $ETH approximately worth $614 million.

Robert Kiyosaki warns the U.S. economy is collapsing, inflation will soar, and the dollar will crash—urging investors to escape with bitcoin, gold, and silver now.

Bitcoin dropped to its lowest level , dragged by uncertainty about U.S. President Donald Trump's tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack in rival crypto currency ether.

Bitcoin has fallen below $80,000 for the first time in over three months as macroeconomic uncertainty mounts over Donald Trump's proposed tariffs.

The decline in Bitcoin reflects broader market risk aversion, potentially signaling a shift in investor sentiment towards safer assets. The post Bitcoin sinks under $80,000, faces potential drop to pre-election levels as correction continues appeared first on Crypto Briefing.

Bitcoin is on the retreat as investors look elsewhere to park their funds amid concerns over higher inflation under a Trump presidency.

Bitcoin price started a fresh decline below the $85,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term.

Bitcoin analyst Charles Edwards says a Bitcoin-cycle bottom could be close as negative sentiment continues to build.

XRP edges higher amid SEC uncertainty. Could a dropped appeal or an XRP-spot ETF approval drive prices beyond $5?

Thorchain is experiencing a developer exodus, as hackers from Lazarus Group are using the interoperability-focused blockchain to launder Ethereum (ETH) stolen in the Bybit hack. A Thorchain developer known as TCB announced that Pluto, the protocol's unofficial lead developer, is stepping down.

The Head of Research at CryptoQuant has revealed why it may be too early to call a bottom for Bitcoin, based on the trend in on-chain data. Bitcoin MVRV Z-Score Has Plunged Under Its 365-Day MA In a new post on X, CryptoQuant Head of Research Julio Moreno has talked about why Bitcoin may not have reached a bottom yet.

Bitcoin (BTC) saw a sharp plunge on Feb. 27, 2025, at 8:35 p.m. Eastern Time, dropping from around $84,000 to the $81,084 range in a matter of minutes on Bitstamp. The sudden move startled traders and triggered a wave of stop-loss orders, intensifying the rapid sell-off.

As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday's opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration.

A closely followed economist thinks that Bitcoin (BTC) may be repeating a similar pattern from last year and still has room to run to the upside.