The crypto market is in freefall, losing over $330 billion! Bitcoin crashes to $80,000—can it hold, or will we see even lower prices?
XRP faces crucial test at $2.00 support level while forming a bearish trend line with resistance at $2.20, as technical indicators suggest continued market uncertainty.
Bitcoin has experienced its largest three-day price decline since 2022, dropping 12.6% to $86,227, while BitMEX co-founder Arthur Hayes projects possible further declines to the $70,000-$75,000 range based on technical analysis and macroeconomic factors.
The U.S. Securities and Exchange Commission (SEC) held a closed-door meeting on February 27, 2025, sparking speculation about the future of the Ripple lawsuit. With the SEC recently dropping cases against major crypto firms like Coinbase, Uniswap, and Robinhood, many wonder if Ripple could be next.
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn. The ongoing sell-off has erased nearly all gains recorded after Donald Trump's election victory, signaling a period of intense volatility.
A significant batch of Bitcoin options contracts is set to expire on Friday, February 28, with a total notional value of approximately $4.7 billion.
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador's finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.
Bitcoin remains under pressure, with its price dropping below $85,000. At the time of writing, Bitcoin is valued at $84,397, representing a 2.4% decline in the past 24 hours and a significant 13.7% drop over the past week.
Bitcoin has fallen 27% from its all-time high to below $80,000 amid ETF outflows, trade policy concerns, and a major exchange security breach.
XRP is currently facing a major shift in market sentiment, with Futures Open Interest (OI) experiencing a significant decline. After peaking at $7.62 billion on January 18, 2025, XRP's OI has dropped to just $3.02 billion, nearing its lowest level of the year.
Just minutes after President Trump announced 25% tariffs on the European Union (EU), the S&P 500 erased over $500 billion in market value. Meanwhile, Bitcoin dipped below $84,000 for the first time since November.
This year's average purchase price is around $97,880, leaving investors facing an almost 20% unrealized loss at current prices.
Bitcoin crashes below $80K as liquidations surge—are hedge funds and market jitters fueling the sell-off?
Following a massive drop, Bitcoin is now at a crossroads. What next for BTC?
Bitcoin fell below $80,000 on Friday, extending its sharp decline in February as investor sentiment soured. The cryptocurrency dropped 7.3% to $78,547.88, putting it on track for a loss of over 20% for the month.
Are you wondering which crypto could take off in 2025? Bitcoin dropped 12.6% from Monday to Wednesday, making it the biggest three-day fall since November 2022. The decline happened because there is less cash flowing into the market and big investors are losing interest.
Bitdeer's shares rose 0.6% after hours as the crypto miner invested $4 million in Bitcoin despite falling prices.
Arizona lawmakers have pushed forward the Arizona Strategic Bitcoin Reserve Act, bringing the state a step closer to making Bitcoin a part of its financial strategy. On Feb.
The overall cryptocurrency market has climbed 24% since the presidential election in November. Donald Trump embraced digital assets during his campaign and, while upward momentum has stalled in recent weeks, some Wall Street experts still anticipate big gains in XRP (XRP -10.29%) and Bitcoin (BTC -9.57%).
XRP price has continued its fall today, losing more than 10% during writing. The current retreat in Ripple's coin comes amid a downturn momentum noted in the broader crypto market.
The popular crypto wallet will soon support Solana and Bitcoin, giving users more flexibility in managing their digital assets. But that's not all.
Data shows the Bitcoin Fear & Greed Index has sunk to its lowest level since the 2022 bear market following the latest crash in the BTC price.
Bitcoin is tackling support levels not seen in months. Where do traders think BTC price action will put on a definitive floor after nearly a 30% drop from all-time highs?
Arizona is pushing ahead with cryptocurrency investment as two Bitcoin reserve bills have passed the Senate, setting the stage for final approval in the state's House of Representatives. While states like Wyoming and Montana are rejecting similar measures over concerns about crypto's volatility, Arizona is doubling down on digital assets.
Bitcoin plunged below $80K, Ethereum hit a one-year low, and over $870M in crypto positions were liquidated as Trump's tariffs shook global markets—here's what comes next for BTC and ETH.
Bitcoin crashes below $80K amid macroeconomic fears and massive institutional sell-offs. Discover what's driving the decline and what's next for BTC. The post Bitcoin's $79K Breakdown: What's Driving the Crypto Crash? appeared first on Cryptonews.
With another massive liquidation and sell-off event, the crypto market has lost $860M. Out of these, nearly half were liquidated on BTC, but Geoff Kendrick's trust in this digital asset remains maintained, as he forecasts a massive rally.
Analyst and trader Ali Martinez is warning that a bearish signal is flashing on Bitcoin (BTC) amid a correction that has seen the crypto king fall to a three-month low. Martinez tells his 128,800 followers on the social media platform X that a bearish divergence is evident on Bitcoin's weekly time frame.
The Securities and Exchange Commission's increasingly favorable stance on crypto lawsuits has fueled speculation about an imminent XRP lawsuit settlement. However, experts like Jeremy Hogan believe the Ripple vs SEC case's complexity will lead to delays, predicting a conclusion no earlier than March 14.
Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024.
Strategy CEO Michael Saylor has caused some backlash on X after seemingly joking after seemingly joking about selling kidneys following Bitcoin's massive crash below the $80,000 level.
Bitcoin's (BTC) price has hit a three-month low, reversing its post-election gains following Donald Trump's victory.
The Crypto Fear & Greed Index has dropped to 10, its lowest point since June 2022, as investor sentiment deteriorates.
Michael Saylor, the executive chairman of Strategy (MSTR), has a message for his followers saying “Sell a kidney if you must, but keep the Bitcoin”. Of course, Saylor has been joking in a light mood as Bitcoin price crashes under $80,000 earlier today, while requesting investors to hold with diamond hands.
Friday has come around again which means another Bitcoin options expiry event, and this one is the end of the month, so slightly larger.
This week, we examine Ethereum, Ripple, Cardano, Binance Coin, and Solana in greater detail. Ethereum (ETH) The market turned bearish and Ethereum has lost its support at $2,400, falling by 21% in the past seven days.
Bitcoin price continues to drop to its lowest point in months as a result of Trump's recent tariffs announcement.
The breakout and re-test play has its roots in behavioral aspects of trading and investing.
MetaMask, the leading self-custodial Ethereum wallet, has unveiled major updates to improve user experience and security. Announced at ETHDenver, these upgrades introduce smart contract capabilities, transaction batching, and expanded blockchain support.
Bitcoin fell to a 3.5-month low on Friday, dropping over 5% to $79,666, marking its first dip below $80,000 since November. The decline comes amid growing investor concerns over U.S. trade policies, a lack of fresh crypto-friendly regulations, and a massive $1.5 billion hack targeting rival cryptocurrency Ethereum.
China maintains strict crypto regulations while embracing blockchain, banning trading but building infrastructure. However, with Hong Kong offering regulated crypto markets, a potential loophole is emerging.
Michael Saylor, co-founder and executive chairman of MicroStrategy, recently revealed his visit to the US Financial Services Committee, where he discussed digital assets and the countrys path to global leadership in crypto. During the meeting, he presented the Digital Assets Framework, Principles, and Opportunity document, outlining clear definitions and compliance measures for various digital assets.
Michael Saylors Bitcoin-focused firm, Strategy, is on the verge of a historic milestone, nearing 500,000 BTC holdings. As of Feb. 23, 2025, the company holds 499,096 BTC, acquired for approximately $33.1 billion at an average price of $66,357 per Bitcoin.
Texas is moving closer to becoming a leader in state-backed cryptocurrency reserves after the Senate Business and Commerce Committee unanimously passed Senate Bill 21 with a 9-0 vote. The bill now heads to the full Senate for further consideration, signaling growing state-level interest in Bitcoin as a financial asset.
A large volume of dormant Bitcoin (BTC) has recently been activated, sparking speculation about potential market impact. According to CryptoQuant analyst Martuun, 8,007 BTC, aged between three to five years, have been moved on-chain.
Standard Chartereds top crypto analyst, Geoffrey Kendrick, remains bullish on Bitcoin despite its recent downturn. He predicts Bitcoin could reach $500,000 before the end of Donald Trumps presidency, with a $200,000 target for this year.
The crypto market crash has burnt the pockets of investors and traders by a significant extent. This has resulted in the market cap sinking by 6.15% to $2.64 trillion. The fall was mainly catalyzed by Donald Trump's proposed tariffs and the global trade war.
Despite Bitcoin's recent drop stirring concern among investors and pushing the Fear and Greed Index to extreme fear levels, similar to the aftermath of the FTX and Terra crashes, Geoffrey Kendrick, head of digital asset research at Standard Chartered, remains optimistic about the cryptocurrency's future.