Bitcoin faced a notable sell pressure earlier today, with its price trading as low as $74,604. However, at the time of writing, the asset is seeing a quiet rebound with prices now hovering back above $79,000.
Alex Thorn, Head of Research at Galaxy Digital, expressed a marked shift in his outlook regarding potential United States government purchases of Bitcoin in 2025.
Bitcoin price started a fresh decline below the $80,000 zone. BTC is now correcting losses and might face resistance near the $80,500 zone.
Ethereum (ETH) has hit its lowest level against Bitcoin (BTC) since February 2020, sparking concern among crypto investors. On Monday, ETH/BTC plummeted to an intraday low of 0.01965 BTC on Binance.
Satoshi Nakamoto, the elusive creator of Bitcoin, has seen his portfolio shrink by over $30 billion, according to data from Arkham Intelligence. The drop comes amid a broader crypto market downturn that saw Bitcoin tumble to a multi-month low of $74,604 before a slight rebound.
Acting SEC Chairman Mark Uyeda confirmed during a recent CNBC interview that Bitcoin and Ethereum are not considered securities, referencing past statements from former SEC Chair Gary Gensler. My predecessor, Chairman Gensler, has made it pretty clear that Ethereum and Bitcoin are not securities, Uyeda said.
Bitcoin exchange-traded funds (ETFs) faced significant outflows on April 7, with over $151.8 million withdrawn, according to on-chain analytics shared by @lookonchain on X. The downturn affected nine out of ten U.S.-listed Bitcoin spot ETFs, coinciding with a sharp correction in the crypto market that saw Bitcoin plunge well below the $80,000 mark.
Pierre Rochard, a well-known Bitcoin maximalist and early adopter, first discovered Bitcoin in 2012 while studying at UT Austin. With a strong interest in Austrian economics and open-source software, he was drawn to Bitcoins promise of monetary sovereignty.
Bitcoin has not been immune to the ongoing global tariff dispute, which has rippled across financial markets and placed pressure on equities and digital assets. Over the past two weeks, Bitcoin has dropped by more than 10%, slipping under $75,000 earlier today—a level last seen in November 2024.
The first leveraged XRP ETF launches as Ripple braces for key court filings. Will SEC drop its appeal before April 16?
The CEO at on-chain analytics firm CryptoQuant has declared the end of the Bitcoin bull cycle, but this analyst has provided a counterpoint.
As trade war chaos escalates and global financial systems fracture, one expert warns bitcoin could become a critical hedge amid rising instability and geopolitical fallout.
Bitcoin prices dropped to their lowest value of the year today, falling below $75,000 as tariff concerns roiled global markets.
If bid-side absorption prevails, BTC's fragile set-up could flip into a bear trap.
Global cryptocurrency exchange-traded products (ETPs) experienced outflows of $240 million last week as investors pulled back due to concerns over new U.S. trade tariffs.
On April 7, 2025, the markets were thrown into turmoil after a false report claimed that President Donald Trump was considering a 90-day pause on global tariffs.
The global equity and cryptocurrency markets experienced significant downturns earlier today, as US President Donald Trump's country-specific reciprocal tariffs are set to take effect on April 9. The leading cryptocurrency, Bitcoin (BTC), has declined by more than 7% in the past 24 hours, and analysts predict further near-term challenges for the digital asset.
Binance Research published its report on Trump's tariffs and how they might impact the crypto market. It noted that the riskiest investments suffered the most, while RWAs and exchanges suffered the least.
BitMEX founder Arthur Hayes says that altcoins may finally see a boost once Bitcoin (BTC) breaks a certain price range. In a new interview on Crypto Banter, Hayes, the founder of crypto investment firm Maelstrom, says that he's expecting Bitcoin to continue dominating the crypto market for some time.
Bond yields surged at one point Monday while the equities and other risk assets fell. But what does it all mean for the average crypto trader?
Bitcoin (BTC) is showing surprising signs of resilience amid one of the most volatile macroeconomic environments in recent history as aggressive US tariffs rattled global markets and pushed risk assets into retreat. Despite a 19.
Strategy (formerly MicroStrategy) did not buy any Bitcoin or sell any common stock this week, breaking a long-running streak. The firm officially disclosed that it has $5.91 billion in unrealized losses due to downturns in the crypto market.
Jack Dorsey, co-founder of Twitter and CEO of Block Inc., has warned that Bitcoin could face failure if it doesn't become a widespread payment method. His comments challenge the popular view of Bitcoin as “digital gold.
Michael Saylor's company, Strategy, paused Bitcoin acquisitions during escalating U.S. trade tensions and a 10% BTC drop. The move hints at a shift in Strategy's approach amid $5.91B in unrealized losses. The post Michael Saylor's Strategy Suspends Bitcoin Buying appeared first on Cryptonews.
Corporate Bitcoin (BTC) treasuries collectively shed more than $4 billion in value after US President Donald Trump's tariffs triggered a global market sell-off, data shows. As of April 7, corporate Bitcoin holdings are worth approximately $54.5 billion in the aggregate, down from roughly $59 billion before April 2, according to data from BitcoinTreasuries.net.
The leading cryptocurrency has been holding near its Election Day price, while the world's most valuable tech stocks have wavered.
The wallet belonging to Bitcoin creator Satoshi Nakamoto remains one of the largest holders of BTC, boasting a balance of over 1 million coins. These coins which were worth mere dollars over a decade ago when they were first mined have ballooned in value as the Bitcoin price has risen.
Bitcoin's (BTC) 26.62% decline from its $109,500 all-time high is en route to becoming the deepest drawdown of the current bull market cycle, according to CryptoQuant head of research, Julio Moreno. Bitcoin price drawdown analysis.
Veteran trader and YouTube creator Bill Noble joins CoinDesk to discuss the "Black Monday" market crash that took place in 1987 and its similarities to the recent volatility across major cryptocurrencies. Plus, insights into the macroeconomic conditions and the future of digital assets.
Crypto attorney James A. Murphy, known online as “MetaLawMan,” has filed a lawsuit against the U.S. Department of Homeland Security.
A new FOIA suit seeks records of an alleged 2019 meeting between the agency and pseudonymous Bitcoin creator.
Michael Saylor's Strategy, the largest corporate holder of Bitcoin globally, has reportedly held off on further Bitcoin acquisitions.
Bitcoin is now in a peculiar phase as far as market cycles are concerned.
Prominent crypto analytics firm Swissblock says one key metric is suggesting that Bitcoin (BTC) is in the midst of carving a major market bottom. Swissblock says on the social media platform X that it's keeping a close watch on the Bitcoin Fundamental Index (BFI), a metric that combines liquidity and network growth.
Pierre Rochard, now CEO of The Bitcoin Bond Company, reflects on over a decade in the space, from early education to policy battles and his latest mission to bring bitcoin to traditional finance. He is a speaker at this year's Consensus gathering in Toronto.
Bitcoin (BTC) is showing “signs of resilience” even as stocks and the broader cryptocurrency market plunge amid a global market sell-off after US President Donald Trump imposed sweeping tariffs on US imports last week, Binance Research said. As of mid-day trading on April 7, Bitcoin is up almost 1% to nearly $79,000.
Michael Saylor's business intelligence firm and corporate Bitcoin holder company Strategy (previously known as MicroStrategy) disclosed a nearly $6 billion loss on its BTC stash in the first quarter of 2025 as the global tariff war roils digital assets.
Prominent Cryptocurrency founder and analyst Ki Young Ju believes the Bitcoin bull cycle has ended. Referencing on-chain market metrics, Ju explains his reasoning, citing key occurrences in previous weeks.
It seems the market was acting up while I was out of office Thursday and Friday. It hasn't stopped, either.
The price of bitcoin increased on Monday to just over $79,000, after the token briefly fell below a threshold not seen since President Donald Trump's election win, though bitcoin and other tokens have declined in value in recent days after Trump's tariff announcement.
On today's show, Bitcoin briefly drops to the $74,000 level as investors started dumping their crypto holdings over the weekend reacting to President Trump's tariffs, which raised global recession fears. And, the SEC clarifies that most stablecoins are not considered securities, while Hong Kong unveils new rules allowing staking for crypto firms and ETFs.
Major cryptocurrencies are staging a slight recovery after a brutal Monday sell-off. The broader downturn in digital assets continues to mirror turbulence in traditional markets, as investors react to escalating geoeconomic tariff conflicts.
1 Zettahash, a technical victory for Bitcoin, but a chilling economic blow for miners: a record power that hides compressed margins and falling prices.
Will quantum computers be able to crack Bitcoin's decryption? Here's why one Bitcoin developer isn't waiting around to find out.
Strategy, the enterprise software firm formerly known as Microstrategy, disclosed $5.91 billion in unrealized losses on its bitcoin holdings for Q1 2025 under a new accounting rule requiring crypto assets to be marked to market. Strategy Posts Q1 Loss Strategy, rebranded from Microstrategy Incorporated, reported a $5.
Needham analyst John Todaro warns that materials costs for high-performance computing (HPC) capital expenditures and core infrastructure at U.S. Bitcoin mining sites are set to rise by roughly 20%, driven largely by newly imposed tariffs. Most Bitcoin mining machine manufacturers rely heavily on Asia for production.
Crypto analyst Melika Trader has warned of a volume drop that could trigger a 60% Bitcoin price crash. The analyst provided an in-depth analysis of what this price crash could mean and if it would mark the end of the bull run.