The price of Bitcoin has been volatile lately, and the most recent liquidation events have made matters worse. A series of extremely leveraged 100x long positions were wiped out when Bitcoin was unable to maintain upward momentum, which led to a series of liquidations, according to the most recent BTC liquidation heatmap.
Technical market indicators suggest a price breakout for Bitcoin (BTC), the world's largest digital currency, is imminent. Notably, Bitcoin's "hot supply" metric has more than halved in the last three months, dropping from 5.9% to 2.8%.
The price of Bitcoin may reach $180,000 by the end of this year, according to legendary basketball player Scottie Pippen.
XRP remains a focal point of almost every discussion in the crypto space in recent days, weeks and months and, as it seems - looking at the price chart of the third biggest cryptocurrency, it will not make major news headlines anytime soon.
The price of Bitcoin (BTC) has continued to rise after rising above the 21-day SMA. The bullish momentum stopped at the $87,500 mark.
Cryptocurrency analyst Benjamin Cowen is warning Bitcoin (BTC) could turn bearish based on the historical behavior of one widely used indicator.
A BlackRock executive anticipates that the price of Bitcoin will increase in accordance with its growing institutional adoption. Robbie Mitchnick, BlackRock chief of digital assets, stated that Bitcoin remains 15% above its early November levels, despite recent price declines.
Bitcoin's price has been going through a significant drop after its failure to keep above the $100,000 region, but some signs of recovery are currently showing up. Technical Analysis By Edris Derakhshi The Daily Chart On the daily chart, Bitcoin recently found support around the $80,000 zone, aligning closely with the 200-day moving average.
The crypto market rallied after the Federal Reserve decided to keep interest rates unchanged between 4.25% and 4.50% after the Federal Open Market Committee (FOMC) meeting. The Federal Reserve also stated it sees two rate cuts coming in 2025.
Bitcoin price drifted upwards this week after the Federal Reserve delivered a mixed interest rate decision on Wednesday.
Bybit has disclosed that approximately $16 million worth of stolen Bitcoin has been funneled through the Wasabi mixer, following a staggering $1.5 billion crypto hack.
On-chain data shows the Bitcoin short-term holders have recently participated in the largest loss-taking event of the current cycle.
Bybit CEO Ben Zhou has explained how hackers are turning to Bitcoin mixers to launder the $1.5 billion in Ethereum stolen from the exchange last month.
XRP (CRYPTO: XRP) is up 8.3% over the last seven days, outperforming other leading cryptocurrencies. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend XRP (CRYPTO: XRP) $2.48 $144.3 billion +6.9% +7.9% Bitcoin (CRYPTO: BTC) $85,242.99 $1.69 trillion +1.9% +2.9% Ethereum (CRYPTO: ETH) $1,992.23 $240.4 billion -0.5% +5.2% Trader Notes: In an X post on March 20, crypto trader CrediBULL Crypto highlighted his game plan for XRP.
In late February, Bybit fell victim to a cybersecurity breach that drained over $1.4 billion in digital currency. Nearly three weeks later, on March 20, Bybit founder Ben Zhou released a comprehensive analysis detailing the attack's mechanics and response protocols.
Michael Saylor, founder and the executive manager of Bitcoin-focused company Strategy (formerly known as MicroStrategy) has taken to his official account on the social media platform X to make a prediction about the future of the European Union and its fiat currency EUR. This prediction mentions Bitcoin.
Bybit Hack Update: Hackers behind the $1.5 billion Bybit cryptocurrency theft have started laundering stolen bitcoin through mixing services and peer-to-peer (P2P) vendors. Bybit CEO Ben Zhou confirmed that 193 BTC, valued at $16 million, were funneled through the Wasabi mixer before being distributed across various P2P networks.
Bitcoin Magazine Pakistan Plans To Legalise Bitcoin And Crypto Pakistan unveils plans to legalise bitcoin and crypto and implement a regulatory framework to attract foreign investment and boost adoption. This post Pakistan Plans To Legalise Bitcoin And Crypto first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.
Bitcoin (BTC) saw a staggering $292 million move in just minutes, sparking attention in the crypto market. The large transaction volume has raised speculation regarding institutional activity or mass whale movement.
Swiss National Bank Governor Martin Schlegel reaffirmed the central bank's position against incorporating Bitcoin or other digital assets into its foreign exchange reserves.
On Wednesday, the US Federal Reserve decided to leave its benchmark interest rate unchanged in the 4.25%–4.5% range – and Bitcoin reacted instantly. The pause, while widely anticipated, came with a slightly revised outlook that includes a slower timeline for future rate cuts and a notable adjustment to the central bank's balance sheet reduction pace.
Copper's rise is likely led by Trump's tariffs, weakening its appeal as leading indicator for risk assets, including cryptocurrencies.
Milojko Spajic, a former credit analyst at Goldman Sachs and the current Prime Minister of Montenegro, holds bitcoin, ethereum, BNB, USDt and other cryptos.
The Bitcoin market has been a little negative in the early hours of the Thursday session, as we continue to see a lot of questions asked about where we are going over the next few moves.
North Korean hacker group, Lazarus Group, was seen sending Bitcoin to multiple unknown addresses, bringing their total holdings down to 13,441 BTC, according to on-chain data.
Arizona has taken the lead in the US Strategic Bitcoin Reserve (SBR) race after two bills passed the House of Representatives Commerce Committee vote on March 18. The state now has two active crypto reserve legislations and a legal tender bill, which have also advanced to the next stage.
Bitcoin surged 3% to $85,775.5 by 01:56 ET (05:56 GMT) on Thursday, extending gains as investor sentiment improved after the Federal Reserve reaffirmed its plan to cut interest rates by 50 basis points this year. The Fed kept rates unchanged and acknowledged economic uncertainty under President Donald Trumps trade policies, boosting risk assets.
Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices rose modestly on Thursday after Jerome Powell's transitory statement on inflation. BTC price retested the important resistance at $86,000, while ETH rose to $2,000 and XRP price hit $2.5.
Has a new cycle started or is BTC just taking a breather?
Cathie Wood, CEO of Ark Invest, has been a prominent advocate for cryptocurrencies and blockchain technology.
Will Ethereum manage to regain the ground lost against Bitcoin? The market questions the possibilities of a trend reversal.
A leak that primed the bitcoin price for a “big” crypto update from president Donald Trump has been confirmed
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According to one analyst's trading note, the idea that inflationary pressures will subside is "wishful thinking at best."
Initially BTC decoupled from stocks, but the positive correlation has strengthened during the recent downturn.
Long-term Bitcoin investors are firmly maintaining their positions despite the recent price drop to $76,600, their lowest level in four months. This persistent confidence, documented by new research, suggests a deep conviction in the market's recovery.
TL;DR Dovish Fed Boost: Bitcoin remains near $86K as investor sentiment lifts on the Fed's decision to keep rates steady and hint at future cuts. Renewed Optimism: A two-week high near $87.5K reflects market confidence in looser liquidity and evolving policies. Upward Potential with Caution: Rumors of U.S.
Bitcoin (BTC) could soon see a trend reversal as leading prediction market platform Polymarket forecasts the US Federal Reserve (Fed) ending quantitative tightening (QT) by April 30. An end to restrictive monetary policy could provide a much-needed boost for risk-on assets like BTC.
A portion of the funds (193 BTC or $16 million) passed through the Wasabi mixer before reaching various peer-to-peer vendors.
After the recent Federal Open Market Committee meeting, the US Federal Reserve, yesterday, announced its plan to keep its federal funds rate unchanged at 4.25%-4.5%. Every FOMC meeting influences Bitcoin prices, sometimes causing major swings. In the last 24 hours, the price of BTC has seen a rise of 3.1%.
Expectedly, XRP is the top performer today from the larger-cap alts.
U.S. President Donald Trump will deliver remarks at the Digital Asset Summit in New York on Thursday, days after White House signaled interest in stockpiling Bitcoin.
Bitcoin (BTC) managed to make a 5% move to the upside on Wednesday as the Federal Reserve FOMC meeting took place. It was announced after the meeting that interest rates would stay the same, but that growth was forecast to slow, with slightly elevated inflation and unemployment also predicted.
Bitcoin is making a strong comeback, jumping to $86k after the latest Federal Open Market Committee (FOMC) meeting. But according to former BitMEX CEO Arthur Hayes, this is just the beginning. He predicts the Federal Reserve will cut interest rates on April 1, which could trigger a massive Bitcoin rally.
Arthur Hayes believes Bitcoin has bottomed, and the Federal Reserve's easing of quantitative tightening will likely be a key factor supporting risk assets.
Ripple's SEC victory sets a new precedent as Trump backs Bitcoin's national strategy. Will Bitcoin break $90K amid regulatory clarity? Read the full analysis. The post Ripple's $125M Appeal & Trump's Bitcoin Move: Will BTC Hit $90K Next? appeared first on Cryptonews.
XRP price bounced by more than 15% yesterday after CEO Brad Garlinghouse confirmed that the SEC will dismiss its appeal in the Ripple case. The end of this lawsuit has caused positive sentiment towards XRP, with traders anticipating rising adoption from banks and pro-crypto financial institutions like MicroStrategy.
A prominent crypto analyst said that Bitcoin went through a significant event over the past few months as the coin's open interest plummeted by nearly 20%, wiping out around $12 billion.