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news-imageMarch 10, 2025

Cathie Wood Predicts “Deflationary Boom” As Bitcoin Price Falls Below $80,000

The price of Bitcoin (BTC) has dropped below $80,000, which has triggered concerns among investors about the future of the crypto market. However, ARK Invest CEO Cathie Wood remains optimistic despite the price correction.
Publisher: Coingape
Sentiment: Neutral
BTC

More News Articles

Negative
cover-imageBenzinga
March 11, 2025

Peter Schiff Says Hard To See Rationale Of Trump's Crypto Reserve Move If Bitcoin Has Plunged 30% Since January, Critics Clap Back With 'Store Of Value' Narrative

On Monday, economist Peter Schiff questioned the U.S. government's decision to hold Bitcoin (CRYPTO: BTC) as a reserve asset amid the apex cryptocurrency's ongoing slump. What Happened: Schiff took to X to point out that Bitcoin's market value has plunged 30% from its January record high, dropping below $77,000.

Negative
cover-imageCryptonews
March 11, 2025

Canada's Newly Elected PM Mark Carney's Past Bitcoin Criticisms Unearthed

In a 2018 speech, former Bank of England chief Mark Carney cast doubt on Bitcoin's utility by critiquing its fixed design and potential economic effects. His observations, resurfacing amid shifting Canadian political landscapes, provided a retrospective look at cryptocurrency's role in fiscal policy. The post Canada's Newly Elected PM Mark Carney's Past Bitcoin Criticisms Unearthed appeared first on Cryptonews.

Negative
cover-imageCryptoSlate
March 10, 2025

Futures hold steady while spot Bitcoin trading volume tumbles

Bitcoin saw a drop in trading volume across both the spot and futures markets over the past five days. The decline, which followed a sharp drop in Bitcoin's price after a week of extreme volatility, was likely driven by a combination of disappointing political developments, macroeconomic tensions, and weekend trading patterns.

Positive
cover-imageCryptonews
March 10, 2025

Michael Saylor's Strategy to Sell $21 Billion In Preferred Stock

Michael Saylor's Strategy is issuing $21 billion in preferred stock to expand its Bitcoin reserves. This strategic move aligns with broader corporate shifts in digital asset financing amid regulatory uncertainties. The post Michael Saylor's Strategy to Sell $21 Billion In Preferred Stock appeared first on Cryptonews.

Negative
cover-imageCointelegraph
March 10, 2025

Crypto needs policy change more than Bitcoin reserve — Execs

The cryptocurrency industry will benefit more from US regulatory clarity than from President Donald Trump's plan to create a national Bitcoin (BTC) reserve, several cryptocurrency executives told Cointelegraph. Trump's March 6 executive order creating a US strategic Bitcoin reserve and a separate digital asset stockpile for altcoins left crypto industry executives underwhelmed.

Negative
cover-imageBenzinga
March 10, 2025

Bitcoin, Ethereum, XRP, Dogecoin Slide As 'Dump On Sunday, Continuation On Monday' Becomes The Norm

Cryptocurrency markets are following traditional financial markets lower on Monday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $78,943.09 -4.5% Ethereum (CRYPTO: ETH) $1,871.07 -8.2% Solana (CRYPTO: SOL) $119.69 -7.3% XRP (CRYPTO: XRP) $2.07 -4.5% Dogecoin (CRYPTO: DOGE) $0.1572 -8.2% Shiba Inu (CRYPTO: SHIB) $0.00001178 +0.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 7% and daily active addresses falling by 0.4%.

Neutral
cover-imageCoindesk
March 10, 2025

Why Bitcoin Could Drop to $70K

Traders are eyeing $70,000 bitcoin despite regulatory tailwinds for the crypto industry. Plus FTX fraudster Sam Bankman-Fried gets thrown into solitary confinement for an unauthorized interview.

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