Bitcoins market dominance has surged to 62.5%, its highest level since March 2021, according to TradingView data. This increase highlights Bitcoins growing influence in the crypto market as investors shift toward the leading digital asset.
Bitcoin climbed 1.8% to $83,511 on Thursday, recovering from recent losses as softer-than-expected U.S. inflation data provided slight relief. However, gains were capped by ongoing fears of a U.S. recession and escalating trade tensions under President Donald Trump.
Bitcoin Miner IREN Upgraded to Overweight, Cipher Mining Cut to Neutral: JPMorgan
Bitcoin miners are adapting their business strategies as the continued trade war between the US and Canada makes energy prices and policies all the more uncertain.US President Donald Trump threatened to double his tariffs on steel and aluminum from 25% to 50%, leading the government of the province of Ontario to walk back its own plan to increase the cost of power exports to the US. Ontario Premier Doug Ford had promised to further increase the surcharge or even “shut off the electricity completely,” given further provocation.
Ethereum's price has been going through a horrifying crash, as the second largest crypto has lost more than half of its value over the past few months.
The crypto market remained flat for most of the day after a brief rally following better-than-expected inflation data quickly lost steam. Bitcoin (BTC) briefly rose above the $84,000 mark after the US CPI Report but fell flat later in the day, dropping below $84,000.
Several members of Donald Trump's cabinet have significant Bitcoin holdings, with their combined investments valued in the millions, according to their financial disclosure reports. These disclosures show that cabinet members have gained exposure to Bitcoin through direct purchases on crypto exchanges and investment vehicles like exchange-traded funds (ETFs).
Lazarus arises! The North Korean hacking group has been more than a little busy recently.
There are, however, no signals indicating a concrete probability of a rebound in the short term.
Over $1.67 billion exited US spot Bitcoin and Ether exchange-traded funds (ETFs) in March, but investors stopped the bleeding by bringing in $13.3 million on March 12 as the BTC market price inched closer to $85,000.As of March 12, spot Bitcoin ETFs had attracted $35.4 million worth of inflows spread across two days, according to Farside Investors data. On the other hand, spot Ether ETFs recorded inflows on just one occasion, bringing in $14.6 million on March 4.
Some crypto CEOs praise the Trump administration and are convinced that decentralization will reign again, especially since several cabinet members now own Bitcoin directly or indirectly.
The average Ethereum gas fee has dropped by 95% in the year following the Dencun upgrade, one of Ethereum's most significant network improvements.On March 13, 2024, Ethereum's Dencun upgrade was rolled out. The upgrade combined the Cancun upgrade on the execution layer and the Deneb upgrade on the consensus layer.
The ETH/BTC ratio has hit a five-year low, and crypto traders are paying attention. Historically, when Ethereum weakened against Bitcoin, a massive altcoin season followed.
During the trading session on Thursday, we saw Bitcoin hang around the $84,000 level, and perhaps more importantly, the 200 Day EMA. At this point, the market seems a bit “lost.
Donald Trump's tariffs and their uncertainties have led to higher odds of a recession in the US and other countries. PIMCO analysts have boosted their recession odds to 35%, and the Atlanta FedNow tool estimates that the economy will contract in Q1.
Binance CEO Richard Teng on Thursday expressed optimism that the pro-cryptocurrency policies introduced by U.S. President Donald Trump will inspire a wave of similar regulatory shifts worldwide. What Happened: Speaking at the CONVERGE LIVE event in Singapore on Thursday, Teng highlighted a dramatic change in the global financial landscape, noting that the United States, the world's largest economy, is now openly supporting digital currencies after years of regulatory uncertainty and skepticism under the previous administration.
The notorious Lazarus Group continues moving the crypto funds it has stolen in recent exploits. Now, the alleged North Korean hackers are targeting crypto execs via Zoom. The post Lazarus Group Deposits 400 ETH to Tornado Cash, Hackers Target Crypto Vets on Zoom appeared first on Cryptonews.
Warren Buffett is famous for his patience, as well as his sharp focus on finding investments that are priced at the right valuation, and equipped to continue gaining in value for years and years. Something he isn't as famous for is that he detests all forms of cryptocurrency, even Bitcoin (BTC -0.11%).
Ethereum has faced record active selling over the past 3 months, per a CryptoQuant report.
Crypto analyst Doctor Profit suggests Bitcoin's price is nearing a local bottom, as the MVRV indicator points to a potential range of $68,000 to $74,000.
Financial markets have their own memory, and cryptocurrencies are no exception. Thus, when an asset shows troubling similarities to a past crash, analysts go on alert.
Ethereum's current price level is historically oversold which is similar to past moments that triggered major rallies.
Solv is attempting to offer an "on-chain MicroStrategy" model, referencing the Michael Saylor-founded software company that now owns nearly 500,000 BTC
Ethereum (ETH) has dropped 45% YTD, but historical trends and technical support suggest a potential bullish reversal toward $10,000 as Fed rate cuts loom.
Trump's cabinet's Bitcoin investments signal a strategic shift towards crypto, potentially reshaping U.S. financial policy and global influence. The post Trump's cabinet members disclose Bitcoin holdings, totaling millions appeared first on Crypto Briefing.
Tron founder Justin Sun is asking the crypto community about what is happening to Ethereum, against the backdrop of liquidations that reached $2.1 billion in the last two weeks. On Monday, Sun pointed out the network's high-leverage trading issues, which he deemed would cause losses to decentralized finance protocols using the blockchain.
Bitcoin ETFs recorded a net inflow of $13 million, ending a seven-day streak of outflows, with Ark 21Shares' ARKB leading the gains. In contrast, Ether ETFs continued their decline, marking a sixth consecutive day of outflows totaling $10 million.
Amidst the intense rivalry between Bitcoin and XRP enthusiasts, Ripple lawyer John Deaton endorsed Bitcoin, foreseeing its bright future. Citing influential US officials' BTC promotion, Deaton highlighted its potential that should not be ignored.
Space exploration company Intuitive Machines Inc. (NASDAQ:LUNR) has demonstrated high price volatility this year, dwarfing even Bitcoin's (CRYPTO: BTC) fluctuations. What happened: The stock has been on a roller-coaster ride in 2024, with headline-driven price action dictating its course.
Bybit CEO Ben Zhou questioned DEX risk controls after Hyperliquid's $4M ETH liquidation, advocating for dynamic risk limits to prevent similar high-leverage losses. The post Bybit CEO Questions DEXs' Risk Controls After Hyperliquid ETH Liquidation appeared first on Cryptonews.
The hacker group Lazarus, affiliated with North Korea, sent 400 ETH, equivalent to approximately 750,000 dollars, to Tornado Cash.
After the latest Consumer Price Index (CPI) report on Wednesday, U.S. inflation eased to 2.8% in February, coming in lower than expected. Despite this, the crypto market remains in a consolidation phase, with Bitcoin holding near the $82,000 support level.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
The on-chain analytics firm Glassnode has revealed in a report how the Bitcoin investors have seen a shift toward strong distirbution recently. Bitcoin Accumulation Trend Score Has Been At A Low Level Recently In its latest weekly report, Glassnode has talked about the latest trend in the Bitcoin Accumulation Trend Score.
BNB, XLM, and AVAX are the other notable gainers from the larger-cap alts.
On one hand, the bottom might be near, but if Bitcoin were to drop further, it is possible that ETH might also fall.
At least half a dozen Trump cabinet members hold Bitcoin investments with a combined total worth reaching millions, according to the latest financial disclosures.
The move to allow in-kind redemptions and creations streamlines ETF trading efficiency, bypassing the need for cash.
The financial systems encountered significant disturbances at the start of 2025 after President Donald Trump enacted extensive import tariffs affecting Canada, Mexico, and China. President Trump initiated the new trade regulations, which imposed 25% duties on products from Canada and Mexico and 10% duties on Chinese exports to safeguard domestic businesses and correct commercial discrepancies.
On-chain data shows the Bitcoin Exchange Whale Ratio for Binance has been going down recently, a sign that may be bullish for BTC's price. Bitcoin Binance Exchange Whale Ratio Is Calming Down As explained by an analyst in a CryptoQuant Quicktake post, the Bitcoin whale selling pressure may be decreasing on the cryptocurrency exchange Binance.
Bitcoin (BTC 1.06%) is going to be held in a United States Strategic Bitcoin Reserve, according to comments by President Donald Trump and an executive order issued on March 6. This is a watershed moment for the coin, and it might be just the first of a series of similar catalysts if other governments around the world follow suit.
Ethereum (ETH) continues to trade below $2,000 for the fourth consecutive day as the cryptocurrency faces a record selling spree. The outlook for ETH is unlikely to change anytime soon, as indicated by the Net Taker Volume on-chain metric.
Trump's cabinet nominees disclose substantial Bitcoin holdings, creating market buzz.
The major layer 1 networks have all hit major support levels. If crypto is to recover, the likes of Ethereum (ETH), Solana (SOL) and Sui (SUI) will need to reverse their downtrends and rally, potentially into the backend of 2025.
They bought in haste - will they repent at leisure?
As the U.S. Consumer Price Index (CPI) shows a slight decline in inflation, Bitcoin holds its breath. At 3.1%, the number is below expectations, but the king of crypto paradoxically plunges from $84,000 to $83,000 in just a few hours.
The crypto market today, March 13, 2025, shows a slight price gain after the recent data showed that US inflation is cooling. Investors are now hopeful that the Fed will adopt a dovish monetary policy, which could drive demand for risk assets.