Bitcoin (BTC) and other altcoins have faced significant declines over the past few weeks, with many investors feeling the effects of the downturn.

El Salvador has expanded its Bitcoin holdings once again, purchasing five additional BTC amid a market dip that saw the asset fall to $83,000. The post El Salvador Buys the Dip, Adds 5 More Bitcoin as Price Hits $83K appeared first on Cryptonews.

Bitcoin dropped a staggering 10% in the past day, despite Donald Trump's bullish announcement of a crypto reserve in the US.

Bitcoin price was down on Tuesday, losing 2.9% of its value to trade at $83,690 at the time of writing. The coin has resumed a downtrend, barely two days after US President Donald Trump announced plans to establish a strategic Federal Cryptocurency Reserve whose composition will include BTC, ETH, SOL, XRP and ADA.

Bitcoin falls below $83K after surging to $95K on Trump's Crypto Reserve plan. Will BTC recover, or is more downside ahead? Key levels to watch now. The post Bitcoin Price Falls Below $83K After 9% Drop – What's Next for BTC? appeared first on Cryptonews.

Just a day after cryptocurrencies surged following President Donald Trump's announcement of the US Crypto Strategic Reserves, Bitcoin took a sharp dive, dropping nearly 10% and erasing its earlier day gains to hit $83K.

After the huge Trump-inspired Sunday pump, all the gains have now been given back. President Trump's tariffs have just gone into effect, and Canada and Mexico have 25% levied against imported goods into the US, while China tariffs doubled to 20%.

Ethereum's price has plunged over 30% in the past 30 days. This has dragged its performance against Bitcoin (BTC) to its lowest level since January 2021.

A crypto strategist known for making timely Bitcoin calls believes that a deeper drawdown is now on the table for BTC. Pseudonymous analyst Credible tells his 464,800 followers on the social media platform X that he now expects Bitcoin to go below its recent low of $78,000 after failing to reclaim $90,000 as support.

Gold leaves Bitcoin in the dust over US trade tariffs as BTC price action joins stocks and even the US dollar in taking a fresh hit.

Gold leaves Bitcoin in the dust over US trade tariffs as BTC price action joins stocks and even the US dollar in taking a fresh hit.

Bitcoin maximalists like Tyler Winklevoss and Samson Mow argue that only Bitcoin—and possibly Ethereum—qualify as reserve assets.

Bitcoin surged past $93,000 following the US crypto strategic reserve announcement, entering its third corrective phase with technical indicators suggesting potential for further upward movement after a period of consolidation.

The IMF has issued new requests under its $1.4 billion deal with El Salvador, now wanting to restrict BTC purchases by the public sector.

The market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data. Bitcoin Has A Major Supply Wall Between $95,400 & $98,200 In a new post on X, IntoTheBlock has discussed about how the various BTC price ranges are looking in terms of on-chain resistance and support.

Tom Lee sees bitcoin finishing the year at over $150,000 and attributes the current drawdown to cyclical behavior.

El Salvador purchased 5 more Bitcoin worth $415,000 during a price dip while balancing IMF loan requirements and pursuing broader tech initiatives.

Once viewed as a hedge against financial uncertainty, Bitcoin (BTC) struggles to maintain this title amid global economic shifts. Its market trajectory increasingly resembles that of traditional risk assets.

Bybit's Ben Zhou said that this week and the next are critical for freezing stolen funds as funds will start to clear on trading platforms.

The data suggests that BTC is in its third corrective phase.

The Bitcoin price has been on a roller coaster ride over the past four days, plunging 12% amid market volatility. The cryptocurrency market, which surged to a $3.26 trillion valuation on March 3, has since lost 11.8% and dropped to 2.85 trillion.

CME gaps — price disparities caused by the exchange's weekend closure while spot markets trade around the clock — tend to historically act as magnets for bitcoin prices.

On March 2, 2025, President Donald Trump revealed plans to create a Crypto Strategic Reserve that would include Bitcoin, Ethereum, XRP, Solana, and Cardano.

The technical outlook has worsened for both BTC and Nasdaq.

The chief executive of market intelligence firm CryptoQuant is doubling down on his position that Bitcoin (BTC) remains in a bull market.

Bitcoin and other major cryptocurrencies surged Sunday after President Donald Trump announced plans for a U.S. crypto reserve that would include XRP, Solana, and Cardano.

Tom Lee remains optimistic about Bitcoin's trajectory, predicting it could surge past $150,000 by year-end despite a rough close to February.

Spot Bitcoin ETFs in the U.S. shifted back to outflows on March 3 as Bitcoin retraced gains, driven by a risk-off sentiment stemming from trade tensions and skepticism over a U.S. crypto reserve fund.

The total cryptocurrency market capitalization (TOTAL) and Bitcoin (BTC) have experienced significant corrections in the past 24 hours, wiping out weekend gains. BTC has once again dropped below the $85,000 mark and is currently trading at $84,255.

Arthur Hayes, the CIO at Maelstrom Fund, said that he firmly believes the Bitcoin bull market cycle is still ongoing. He added that the worst bottom would be the historical high of the previous cycle which was $70K.

On March 2, US President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in a newly formed Crypto Strategic Reserve, an initiative designed to integrate these digital assets into the country's broader economic and monetary plans.

Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA.

As Trump tariffs on Mexico and Canada go into effect on March 4, the crypto market crashed, triggering more than $1.09 billion in liquidations in the last 24 hours. While Bitcoin is down over 10% in the last 24 hours, top altcoins like Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) are all down by

Ethereum bulls are accumulating assets following the crypto market dip, igniting similar demand in altcoins. The asset has recorded increased daily volumes this week, signalling a possible turnaround for most traders currently in the red zone.

The crypto market has experienced mixed trading as prices moved sideways for the second consecutive week. Retail and institutional players reacted differently at several stages of the dip, with the latter making market-swinging sales.

Trump's tariffs on Canadian, Mexican and Chinese imports, taking effect Tuesday, have 'further fueled risk-off sentiment,' says an analyst.

March 4, 2025 05:38:24 UTC Why Ethereum Is Crashing ? Ether (ETH) has dropped 15% in the past 24 hours, reaching levels unseen since November 2023, as the broader market grapples with volatility sparked by U.S. President Donald Trump's trade war threats.

On-chain data shows the dormant Bitcoin whales have come back alive to make moves following the latest price surge in the cryptocurrency.

The cryptocurrency market saw a sharp selloff on Tuesday, wiping out recent gains across major digital assets. Bitcoin (BTC) once again dropped to the $84,000 level, reversing its rally after former US President Donald Trump's announcement regarding a crypto reserve.

U.S. President Donald Trump had announced a 25% tariff on Canada & Mexico a few days before. The markets toppled then but bounced back heavily, attracting over $300 billion in liquidity after validating a crypto strategic reserve.

The price of Bitcoin (BTC) has now erased all of its gains since the announcement of a cryptocurrency reserve that took place on Sunday.

Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and crypto news from the past week. This edition examines how the dynamics between the IMF and the Salvadoran government can serve as a framework for countries seeking to engage with bitcoin and the institution.

Bitcoin price fell below $83,000 as traders reacted to President Donald Trump's confirmation that new tariffs on Canada and Mexico will take effect on March 4. The leading cryptocurrency is down 10% on Tuesday, Mar.

According to a recent Quicktake post by CryptoQuant analyst abramchart, short-term Bitcoin (BTC) investors are incurring losses, suggesting that the crypto market may have hit its bottom and a trend reversal could be on the horizon. Has Bitcoin Bottomed?

Crypto prices today (March 4): Bitcoin (BTC) price once again crashed to the $83K level on Tuesday, reversing recent gains post-Donald Trump's crypto reserve announcement. Ethereum (ETH), XRP, and Solana (SOL) prices also crashed 14%-20% intraday.

Based on historical records, after every Bitcoin (BTC) bull run, a bear market hits, and this cycle may be no different. Analysts forecast that the upcoming bear market may see the price of Bitcoin dropping as low as $25,000.

The price of bitcoin (BTC) plunged to $82,618 per coin as of 9 p.m. Eastern Time on Monday, marking a significant downturn in the broader cryptocurrency market. The total crypto economy has contracted by more than 12% against the U.S. dollar, now valued at $2.72 trillion.