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news-imageFebruary 25, 2025

Crypto Market is Crashing: Bitcoin Sweeps Below $92,000 While ETH, DOGE, SOL, & SUI Face Major Pullback

The crypto markets are witnessing massive sell-offs, which have dragged the major cryptos below their pivotal support levels. Bitcoin dropped below $94,000 initially and later formed the bottom below $92,000 and interestingly, it does not appear to halt the ongoing bearish trend.
Publisher: CoinPedia
Sentiment: Negative
BTC
DOGE

More News Articles

Positive
cover-imageCointelegraph
April 11, 2025

New York bill proposes legalizing Bitcoin, crypto for state payments

A New York lawmaker has introduced legislation that would allow state agencies to accept cryptocurrency payments, signaling growing political momentum for digital asset integration in public services. Assembly Bill A7788, introduced by Assemblyman Clyde Vanel, seeks to amend state financial law to allow New York state agencies to accept cryptocurrencies as a form of payment.

Negative
cover-imageTokenpost
April 11, 2025

Bitcoin Sees $465 Million in Liquidations Amid Market Pullback

Bitcoin (BTC) faced renewed market pressure as macroeconomic concerns overshadowed optimism from a brief tariff pause between the U.S. and China. U.S. markets opened with a pullback following a strong rally, as investor sentiment quickly shifted to the broader economic risks posed by escalating trade tensions with China.

Positive
cover-imageTokenpost
April 11, 2025

Dogecoin Surges 6.6% Amid $468M Crypto Liquidation Spree

Dogecoin (DOGE) has rallied 6.6% in the past 24 hours, defying bearish sentiment across the broader crypto market. This surprise rebound came after a pause in global trade tariffs triggered widespread liquidations, totaling $468.45 million across 131,342 traders, according to CoinGlass.

Positive
cover-imageTokenpost
April 11, 2025

Michael Saylor Sparks Bitcoin Surge With Bold “Buy the Future” Tweet

Bitcoin advocate and MicroStrategy founder Michael Saylor has once again stirred the crypto world with a powerful one-liner on X (formerly Twitter), posting, Buy the Future a phrase where the B includes four vertical strokes, signaling a bold endorsement of Bitcoin (BTC). This tweet coincided with a sharp 10% BTC price surge, catapulting from $76,787 to a peak of $83,246.

Negative
cover-imageTokenpost
April 11, 2025

Ethereum Whale Sells $17M in ETH Amid Market Slump

An Ethereum whale wallet, dormant since 2016, has suddenly come to lifeselling nearly $17 million worth of ETH at around $1,600 per token, according to Lookonchain. The address originally received its ETH when the altcoin was trading at just $8, making this sale highly profitable despite the assets sharp decline from its $4,000 peak.

Positive
cover-imageTokenpost
April 11, 2025

Trump's Weak Dollar Push Could Boost Bitcoin to $200K, Says Bitwise

Bitcoin could be in for a major rally as the Trump administration signals support for a weaker U.S. dollar, according to a recent report by crypto asset manager Bitwise. Matt Hougan, Chief Investment Officer at Bitwise, emphasized, The Trump administration wants a significantly weaker dollar, especially in the context of recent tariff negotiations.

Negative
cover-imageTokenpost
April 11, 2025

Peter Schiff Says Bitcoin Is Losing to Gold as Prices Diverge

Bitcoin is once again under fire from Peter Schiff, CEO of Euro Pacific Asset Management, who claims the cryptocurrency is losing to gold. Schiff points to the underwhelming price performance of Bitcoin, which is trading nearly 30% below its February peak, while gold has surged to a new all-time high of $3,176.

Negative
cover-imageTokenpost
April 11, 2025

U.S. Bitcoin Miners Hit by Tariffs, Scramble for ASIC Equipment

Bitcoin miners in the U.S. are scrambling to adjust to new tariffs introduced by the Trump administration, which are expected to significantly raise costs for ASIC miners, electrical components, and mining infrastructure. Despite a 90-day grace period that softened initial tariff rates to 10% for most countriesexcluding Chinauncertainty remains around long-term trade policy.

Positive
cover-imageTokenpost
April 11, 2025

Vitalik Buterin Proposes Privacy-First Upgrades for Ethereum Wallets

Ethereum co-founder Vitalik Buterin has unveiled his latest thoughts on improving privacy in the Ethereum ecosystem, outlining a strategy that avoids major disruptions to the core protocol. Instead of altering the consensus layer, Buterin proposes incremental, application-level upgrades that can be seamlessly integrated into existing wallets to protect user activity from unwanted surveillance.

Positive
cover-imageTokenpost
April 11, 2025

SEC Approves Options Trading for BlackRock's Ethereum ETF

The U.S. Securities and Exchange Commission (SEC) has approved options trading for BlackRocks iShares Ethereum Trust (ETHA), marking a significant milestone in the growing institutional adoption of Ethereum (ETH). The decision enables investors to trade options contracts tied to ETHA, allowing for more sophisticated investment strategies such as hedging and leveraging.

Neutral
cover-imageTokenpost
April 11, 2025

Dogecoin Trading Volume Nears $2B Despite Market Volatility

Dogecoin (DOGE) has shown resilience amid a volatile crypto market, recording an impressive $1.95 billion in trading volume over the last 24 hours, despite a 25% drop compared to the previous day. At the time of writing, DOGE is down 5.41% in the past 24 hours, trading at $0.146, with a 7-day loss of 14.6% and a monthly decline of 16%.

Negative
cover-imageTokenpost
April 11, 2025

BlackRock Moves $254M in Bitcoin to Coinbase, Sparking Market Jitters

The crypto market is once again facing turbulence as BlackRock, the $10 trillion asset management giant, transferred 3,296 BTCworth approximately $254 millionto Coinbase, according to blockchain tracker Lookonchain. This sudden move has triggered widespread speculation and concern among traders, as such large transfers to centralized exchanges are often interpreted as signals to sell.

Negative
cover-imageTokenpost
April 11, 2025

$10.7M Solana Sell-Off by Whale Triggers Market Jitters

Solana (SOL) is under pressure after a major whale offloaded 100,000 SOL worth approximately $10.7 million just 30 minutes ago, triggering heightened volatility. The wallet, which previously held 1.32 million SOL (around $192 million), had already raised concerns after unstaking all holdings 15 days ago and depositing 1.2 million SOL into Kamino to borrow $20 million in USDC.

Positive
cover-imageCointelegraph
April 11, 2025

Swedish MP proposes Bitcoin reserve to finance minister

A member of Sweden's parliament has proposed adding Bitcoin to the country's national foreign exchange reserves, suggesting increased openness to cryptocurrency adoption in Europe following recent moves by the United States.Swedish MP Rickard Nordin has issued an open letter urging Finance Minister Elisabeth Svantesson to consider adopting Bitcoin (BTC) as a national reserve asset. “Sweden has a tradition of a conservative and carefully managed foreign exchange reserve, mainly consisting of foreign currencies and gold,” Nordin wrote in a letter registered on April 8, adding: “At the same time, there is a rapid development in digital assets, and several international players regard bitcoin as a custodian and a hedge against inflation.

Negative
cover-imageCoinPedia
April 11, 2025

Ethereum Price Today: Bearish Trend Returns as Fed QT Slows Momentum

Trump's tariff war and pause theory has given many ups and downs to the crypto market. Following the current market sentiment, Ethereum's price recently made a push past $1,550, even touching $1,687 at one point, but the rally was short-lived. The asset has since lost steam, slipping below key resistance levels and trading under $1,580.

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