THORChain's native token has plummeted 20% in the past 24 hours, wiping off recent gains as the rest of the market also bleeds. The price of THORChain (RUNE) changed hands around $1.20, dipping sharply after hitting highs above $1.60.
Bitcoin price broke below $80,000 for the first time in three months as investors continued to reduce their exposure to high-risk assets amid mounting tariff woes. BTC traded at $79,885 at the time of writing, down by 5.6% on the daily chart.
U.S. spot bitcoin ETFs saw $3.2 billion worth of net outflows in an eight-day negative streak, matching the longest since their debut.
The controversy surrounding THORChain is growing, as North Korean attackers laundered over 54% of the stolen Bybit funds.
The $1.4 billion Ethereum (CRYPTO: ETH) theft from cryptocurrency exchange Bybit has not only sent shockwaves through the market but also revived a long-standing contentious debate—implementing a hard fork to recover hacked funds. The enormity of the hack, considered the biggest in cryptocurrency history, and the involvement of North Korea's state-backed Lazarus Group have motivated these demands.
Everything is bigger in Texas, the popular saying goes. Now, Bitcoin adds to that reputation as the state moves closer to creating its own strategic Bitcoin reserve.
Macroeconomic trends and central bank policies suggest Bitcoin's correction may extend to April as the US dollar strengthens, according to Matrixport.
TL;DR Market Plunge: Bitcoin and Ether drop below key levels, $80K and $2,100 as tariff uncertainty shakes investor confidence. Tariff Tension: U.S. tariff hikes on imports stoke fears of trade wars, potentially driving inflation and economic slowdowns. Liquidation Wave: Hedge fund sell-offs trigger over $1.34B in crypto liquidations, dragging down overall market cap by 7.25%.
Bitcoin (BTC) tumbled to an intraday low of $78,197 per coin early Friday, its sharpest descent in months. As of publication, the digital asset hovers listlessly below the $80,000 threshold at $79,875, signaling persistent bearish momentum. Crypto Carnage: Bitcoin Tumbles to Nov. 2024 Lows The leading cryptocurrency has shed 7% against the U.S.
According to the Global Capital Markets analysis team, the Kobeissi Letter, Ethereum (ETH) has shed almost 50% of its value since the end-2024 bull market run that began when President Donald Trump won the US elections. The global crypto market is also down 30% from its 3-month high of $3.895 trillion, according to Coingecko.
The price of Bitcoin (BTC) is still fluctuating like a roller coaster, raising concerns among traders and investors. Despite the current market situation, Bitcoin proponent and JAN3 CEO Samson Mow has renewed confidence in the coin's prospects.
On-chain data shows the large Bitcoin holders are capitalizing on the lower prices as they have switched to accumulating again. Bitcoin Whales Are Now In Net Buying Mode According to data from the market intelligence platform IntoTheBlock, the Large Holders are buying BTC right now.
For most of February, the crypto market trended sideways, but this week, activity has plunged due to the impact of Donald Trump's war trades. The downturn triggered over $800 million in liquidations in the past 24 hours as traders struggled with the volatility.
Ethereum (ETH) tumbled 10.12% on Friday, marking its steepest one-day drop since February 24. Trading at $2,104.07 by 00:54 (05:54 GMT) on the Investing.com Index, ETHs market cap fell to $255.71 billion, representing 9.66% of the total crypto market.
XRP fell 10.01% to $2.0015 by 01:15 (06:15 GMT) on the Investing.com Index, marking its steepest one-day decline since February 24. The drop reduced XRPs market cap to $116.14 billion, accounting for 4.41% of the total crypto market.
Ever second-guessed locking your door before leaving? Financial markets behave similarly.
Bitcoins (BTC) price has dropped over 20% this month, marking its worst performance since June 2022. Despite the decline, traders on crypto exchange Bitfinex, known for accurately predicting market tops and bottoms, are increasing their long positions, signaling potential optimism for a rebound.
Bitcoin's price is expected to stay under pressure until April, with analysts warning a stronger U.S. dollar and shifting market dynamics influencing its trajectory.
Bitcoin price is bracing for a drop to $75,000 as the tariffs imposed by US President Donald Trump weigh on financial markets. Bitcoin miners facing pressure from the declining prices are dumping their holdings, as CryptoQuant data shows they have ramped up selling activity this week.
As inflation data looms, tech stocks, Treasuries, and crypto show bearish signals. Is this a market pullback or a sign of deeper trouble?
Since the start of the year, bitcoin holdings bought on margin on Bitfinex have increased by over 13,000 BTC.
A staggering $5.78 billion in Bitcoin and Ethereum options are expiring today as the crypto market sees heightened volatility and selling pressure today. BTC short-term volatility recently peaked at 90%, while ETH's short-term volatility surged past 100% as panic grips the market amid Trump tariff wars.
Global trade concerns continue pressuring investor sentiment, risking a potential Bitcoin correction below the key $75,000 support level.
Cryptocurrency analyst and trader Kevin Svenson is outlining the path forward for Bitcoin (BTC) as the flagship digital asset lingers around 20% below the all-time high.
A gargantuan weekly candle to the downside is currently in formation. Already 18% down for the week, this equates to a loss of $18,000.
The cryptocurrency market has been grappling with a fresh wave of uncertainty, following the announcement from U.S. President Donald Trump regarding the imposition of a 25% tariff on the European Union. This decision has injected additional pressure into an already volatile market, causing panic selling across various digital assets, including Bitcoin (BTC).
Ethereum is crashing hard! ETH is hovering around $2,150, dangerously close to the critical $2,000 support.
MetaMask plans to add support for Bitcoin and Solana networks, expanding its reach as the popular Ethereum wallet seeks further traction across the crypto ecosystem. The Consensys-owned wallet announced that this move is part of its product roadmap for 2025.
Bybit hackers laundered 270,000 ETH, equivalent to approximately $605 million, via THORChain, representing over half of stolen funds. The post Bybit Hacker Launders 270K ETH Via THORChain, Still Holds $514M appeared first on Cryptonews.
Rexas Finance is rapidly gaining traction in the blockchain sector as investors seek new opportunities beyond Ethereum. This altcoin, priced at just $0.20, has already raised over $44.3 million in its presale phase. With strong investor confidence and a unique asset tokenization model, Rexas Finance is set to challenge established cryptocurrencies.
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?
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.
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.
Ethereum whales continue aggressive accumulation with $9.41M in buying volume and 88.89K ETH weekly net inflows, even as price faces technical resistance below $2,350.
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.
Ethereum (ETH) has shed 25% this week as it collapsed from a high of $2,930. The brutal sell-off has pushed ETH price to revisit the $2,000 psychological level.
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.
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 popular crypto wallet will soon support Solana and Bitcoin, giving users more flexibility in managing their digital assets. But that's not all.