After failing to regain a bullish outlook on Friday during the Western financial markets, the crypto market continued to record bearish sentiment on Saturday during the early Asian trading session. The total crypto market cap dropped nearly 5 percent in the past 24 hours to hover about $2.813 trillion at the time of this writing.
Bitcoin continues its downward spiral for the fourth consecutive day, hitting a low of $83,387 on March 28. Paradoxically, while small investors are panicking, "whales" are significantly increasing their positions, according to several market analysts.
Cryptocurrency analyst Benjamin Cowen is highlighting a technical signal that could trigger a massive leg down for Bitcoin (BTC). In a new strategy session, Cowen tells his 888,000 YouTube subscribers that Bitcoin could witness a death cross “in about one to two weeks” if the status quo remains.
Bitcoin is showing signs of weakness. Could a major crash be coming?
Ether's (ETH) declining appeal as an investment comes from layer-2's draining value from the main network and a lack of community pushback on excessive token creation, a crypto venture capitalist says.“The #1 cause of this is greedy Eth L2s siphoning value from the L1 and the social consensus that excess token creation was A-OK,” Castle Island Ventures partner Nic Carter said in a March 28 X post.
BlackRock, the world's largest investment firm, is showing strong interest in Ethereum (ETH). According to Robert Mitchnick, the head of digital assets at BlackRock, the company is more excited about Ethereum than Bitcoin, especially among its tech team. Mitchnick revealed that for every four people excited about Ethereum, only one is focused on Bitcoin.
Today is a crucial day in the cryptocurrency market, as more than $14 billion worth of Bitcoin and Ethereum options are due to expire. Such a huge expiration may result in significant price changes and trading volumes.
The crypto market took a major hit on Friday, wiping out nearly all the gains from earlier this week. Bitcoin, which was hovering close to $88,000, plunged to $83,800, marking a 3.8% decline in just 24 hours. Major altcoins like Avalanche (AVAX), Polygon (POL), Near (NEAR), and Uniswap (UNI) losing almost 10%.
XRP and BTC tumble as US tariffs and inflation rattle markets. SEC delays and macro risks drive cautious sentiment across crypto assets.
Binance, the world's largest cryptocurrency exchange, has rolled out two new mechanisms designed to boost community involvement in token management: Vote to List and Vote to Delist. These initiatives allow users to have a direct say in which tokens get listed or removed from the platform, hinting at a more decentralized decision-making.
Peter Schiff, a BTC critic, has recently predicted that Bitcoin price could plummet to as low as $10,000. Schiff has expressed concerns over Bitcoin's long-term viability, particularly in comparison to gold.
Bitcoin has broken below its 200-day moving average, a key technical support level, following the latest U.S. inflation report. The move comes after the February Personal Consumption Expenditures (PCE) index showed inflation remains stubbornly high, raising concerns among investors.
Hopes for a continued crypto rebound were dashed Friday as a sharp market sell-off erased nearly all gains from earlier in the week. Bitcoin (BTC), which hovered near $88,000 just a day ago, plunged to $83,800, marking a 3.8% drop in 24 hours.
The price of bitcoin has been going through a rough patch post the announcement of tariffs by the US President. Gold reached $3,080 on March 28, 2025, coinciding with Schiff's most recent remarks.
While Bitcoin has seen less upward momentum in recent days, the asset still manages to maintain stabilization above the $84,000 ever since its reclaimed it earlier this week. So far, BTC's uptick in the past week has reduced to a mere 0.2% as it price currently trades at $84,263 down by 3.
Bitcoin (BTC) continues to trade above the $84,000 mark despite a slight decline in momentum this week. After briefly touching higher levels of nearly $90,000, the asset has seen a 3.3% decrease over the past day, bringing its current price to roughly $84,222.
In the March 27, 2025 analysis, titled “Where is Bitcoin headed next? A Signal hidden in Real-Time Data,” Truflation highlights a recurring phenomenon: each time its inflation index experiences a pronounced downtrend that later pauses or reverses, Bitcoin has tended to surge soon afterward.
Bitcoin price plunged below $85,000 on Friday, hitting $84,200 at its lowest point as market-wide selling pressure triggered massive liquidations. Bitcoin Price Tumbles Below $85,000, Sparking $116 Million Long Liquidation Bitcoin (BTC) fell below the critical $85,000 support level on Friday, hitting a low of $84,200 as selling pressure intensified.
Bitcoin's Hash Ribbon buy signal just triggered for the 8th time. Is BTC set for a recovery, or will macro risks keep pressure on prices? The post Is This BTC's Bottom? One of the Most Trusted Buy Signals in Bitcoin Just Flashed appeared first on Cryptonews.
Fidelity Investments director of global macro Jurrien Timmer believes that Bitcoin (BTC) has a “possible” path to surpassing gold in market value — but “not any time soon.” In a detailed social media post, Timmer explained his view using a chart comparing the projected growth of gold and Bitcoin over time.
Ethereum price tumbled below the $1,890 mark on Friday, emerging as the second-largest loser among the top 10 ranked assets behind XRP. Bulls Surrender Gains as Ethereum (ETH) Tumbles Below $1,900 Earlier this week, Ethereum (ETH) had achieved notable gains, testing the $2,100 level on Wednesday.
BTC prices dips as the U.S. government transfer a significant amount from confiscated funds.
Bitcoin is once again under pressure, trading below crucial demand levels as bearish momentum builds. After a brief period of optimism and a minor upswing, selling pressure has returned, dragging BTC lower and raising concerns about a deeper correction.
Strategy holds over 506,137 BTC worth $44 billion, but Bitcoin's price decline from its $109K peak raises questions about the firm's aggressive buying strategy.
ETH doesn't appeal to large and retail investors alike.
The Ethereum price has been in a sharp decline in the past months, underperforming compared to Bitcoin (BTC) and Solana (SOL). Despite its unwillingness to experience a significant price increase, a crypto analyst has revealed his bullishness for ETH, predicting a potential recovery to $4,000 before the end of the bull cycle.
Bitcoin ETFs notched their tenth consecutive day of inflows, adding $89 million, led by Fidelity's FBTC and Blackrock's IBIT. Meanwhile, ether ETFs recorded another day of outflows, losing $4 million.
Bitcoin price extended its decline on March 28, falling for a fourth consecutive day to paint an intra-day low of $83,387. BTC's (BTC) decline mirrored the Wall Street sell-off, where the DOW closed 700 points lower, alongside the S&P 500 index, which dropped 112 points.
GameStop (NYSE: GME) suffered a sharp 25% drop yesterday, a sudden downturn that followed a 16% rally on March 26. The catalyst?
Bitcoin tumbled to $83,544 on Friday, a low catalyzed by upheavals in financial markets amid Trump's proposed tariffs on pharmaceutical companies. Concurrently, March's consumer sentiment data illuminated the loftiest projections for long-term inflation in over three decades. Wall Street Wipeout Hits Bitcoin: Crypto Economy Tumbles 4.
Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.
Bitcoin dominance has risen to 58%, defying expectations of an altcoin market rotation despite favorable conditions.
Ethereum price prediction 2025 sees ETH potentially hitting $10K as whales accumulate Ethereum and Ethereum-based tokens. With $4K resistance broken and bullish momentum building, is a major rally on the horizon?
Cryptocurrency markets have plummeted on Friday, following renewed inflation fears. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,620.45 -4.3% Ethereum (CRYPTO: ETH) $1,879.34 -6.7% Solana (CRYPTO: SOL) $129.23 -7.1% XRP (CRYPTO: XRP) $2.17 -7.4% Dogecoin (CRYPTO: DOGE) $0.1798 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00001320 -6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9%.
Bitcoin is facing new inflationary pressure after the release of US personal consumer expenditure (PCE) index data that exceeded analysts' expectations.
Bitcoin Magazine Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin A new bill submitted to South Carolina's House of Representatives enables the State Treasurer to build a “Strategic Digital Assets Reserve”, which can include up to one million bitcoin. This post Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin first appeared on Bitcoin Magazine and is written by Frank Corva.
Benjamin Cowen, founder of IntoTheCryptoverse, warns that Bitcoin (CRYPTO: BTC) is approaching another “death cross.” What Happened: In a podcast published on Friday, Cowen said that Bitcoin will “likely have another death cross," meaning the 50-day simple moving average crossing below the 200-day simple moving average, if nothing changes in the next one to two weeks.
Traders are cashing in on GameStop's fumbled Bitcoin announcement and BTC miners are in for a world of hurt as fees shrink.
Strategy founder Michael Saylor declared that bitcoin will absorb up to $500 trillion in global capital by displacing gold, real estate, and other traditional stores of value (SoV) in a sweeping digital transformation of wealth.
Ethereum has once again fallen below the $2,000 mark, a psychological level it had briefly reclaimed earlier this week. The market-wide correction over the past 24 hours has weighed on Ethereum's recovery momentum, and the leading altcoin has seen a dip in sentiment that could lead to a deeper decline or a sharp mid-term rebound.
The digital asset market has shown signs of a rebound in the last seven days, although headwinds still limit the recovery. The recent downturn crashed crypto prices and left lingering effects on new holders.
The chief executive of financial advisory giant deVere Group says that the adoption of one particular asset class will increase demand for both Bitcoin (BTC) and Ethereum (ETH).
Bitcoin Magazine FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval The FDIC issues new guidance allowing banks it oversees to engage in crypto services without seeking pre-approval. This reverses strict policies imposed under the Biden administration. This post FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
Jurrien Timmer, director of global macro at Fidelity Investments, has stated that it is "possible" for Bitcoin to overtake gold. However, he does not expect this to occur anytime soon.
BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed have been pardoned by President Trump, according to a report.
Bitcoin Magazine Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) The first article in the Covenant series, examining the CHECKTEMPLATEVERIFY (CTV) proposal from Jeremy Rubin. This post Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) first appeared on Bitcoin Magazine and is written by Shinobi.
Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.
On today's show, bitcoin and ether fall to end the week amid uncertainty over tariffs and a grim inflation outlook. Plus, Crypto.com CEO Kris Marszalek said that the SEC is closing its investigation into the crypto exchange, while Galaxy Digital agreed to pay $200 million in a settlement with the New York Attorney General's office over Luna investments.