GameStop (NYSE: GME) suffered a sharp 25% drop yesterday, a sudden downturn that followed a 16% rally on March 26. The catalyst?

Bitcoin tumbled to $83,544 on Friday, a low catalyzed by upheavals in financial markets amid Trump's proposed tariffs on pharmaceutical companies. Concurrently, March's consumer sentiment data illuminated the loftiest projections for long-term inflation in over three decades. Wall Street Wipeout Hits Bitcoin: Crypto Economy Tumbles 4.

Ethereum's ETH hit its weakest price against bitcoin in almost five years as macroeconomic concerns added pressure to risk assets.

Bitcoin dominance has risen to 58%, defying expectations of an altcoin market rotation despite favorable conditions.

Cryptocurrency markets have plummeted on Friday, following renewed inflation fears. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,620.45 -4.3% Ethereum (CRYPTO: ETH) $1,879.34 -6.7% Solana (CRYPTO: SOL) $129.23 -7.1% XRP (CRYPTO: XRP) $2.17 -7.4% Dogecoin (CRYPTO: DOGE) $0.1798 -6.3% Shiba Inu (CRYPTO: SHIB) $0.00001320 -6.6% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 4.9%.

Bitcoin is facing new inflationary pressure after the release of US personal consumer expenditure (PCE) index data that exceeded analysts' expectations.

Bitcoin Magazine Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin A new bill submitted to South Carolina's House of Representatives enables the State Treasurer to build a “Strategic Digital Assets Reserve”, which can include up to one million bitcoin. This post Proposed South Carolina Bill Lets State Treasurer Invest 10% Of State Funds In Bitcoin first appeared on Bitcoin Magazine and is written by Frank Corva.

Benjamin Cowen, founder of IntoTheCryptoverse, warns that Bitcoin (CRYPTO: BTC) is approaching another “death cross.” What Happened: In a podcast published on Friday, Cowen said that Bitcoin will “likely have another death cross," meaning the 50-day simple moving average crossing below the 200-day simple moving average, if nothing changes in the next one to two weeks.

Traders are cashing in on GameStop's fumbled Bitcoin announcement and BTC miners are in for a world of hurt as fees shrink.

Strategy founder Michael Saylor declared that bitcoin will absorb up to $500 trillion in global capital by displacing gold, real estate, and other traditional stores of value (SoV) in a sweeping digital transformation of wealth.

The digital asset market has shown signs of a rebound in the last seven days, although headwinds still limit the recovery. The recent downturn crashed crypto prices and left lingering effects on new holders.

The chief executive of financial advisory giant deVere Group says that the adoption of one particular asset class will increase demand for both Bitcoin (BTC) and Ethereum (ETH).

Bitcoin Magazine FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval The FDIC issues new guidance allowing banks it oversees to engage in crypto services without seeking pre-approval. This reverses strict policies imposed under the Biden administration. This post FDIC Says Banks Can Engage In Bitcoin And Crypto Without Prior Approval first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin.

Jurrien Timmer, director of global macro at Fidelity Investments, has stated that it is "possible" for Bitcoin to overtake gold. However, he does not expect this to occur anytime soon.

BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed have been pardoned by President Trump, according to a report.

Bitcoin Magazine Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) The first article in the Covenant series, examining the CHECKTEMPLATEVERIFY (CTV) proposal from Jeremy Rubin. This post Bitcoin Covenants: CHECKTEMPLATEVERIFY (BIP 119) first appeared on Bitcoin Magazine and is written by Shinobi.

Curve DAO (CRV), Bonk (BONK) and Pyth Network (PYTH) were among top losers as the cryptocurrency market witnessed sharp volatility on Friday, March 28. The altcoins saw sharp declines as Bitcoin (BTC) fell below $84k amid CME gap trades. Cryptocurrencies were also tracking downside action amid broader jitters across the risk assets market.

ZachXBT said scammers have stolen over $46 million in Bitcoin and other crypto from Coinbase users in March alone.

Economist and long-time gold advocate Peter Schiff on Friday criticized Bitcoin's (CRYPTO: BTC) year-to-date decline, highlighting gold's quiet 18% rally as evidence of the market's misplaced focus. What Happened: In a post on X, Schiff challenged the bullish narrative surrounding the U.S. government's Bitcoin Strategic Reserve and suggested HODLers are ignoring market fundamentals.

Bitcoin dipped by 4% in the last 24 hours, amidst reports of upcoming U.S. tariffs on its trading partners. U.S. President Donald Trump's tariff announcements have been dramatic enough to keep crypto traders on their toes, as Bitcoin and altcoins react to the news.

According to a CryptoQuant Quicktake post published earlier today, Bitcoin (BTC) may be on the verge of a significant price rally. Since February 6, net flow across crypto exchanges has remained negative – a historically bullish signal for the digital asset.

The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.

MonkeDAO, a community-owned non-fungible token project on Solana, has announced it's become the first decentralized autonomous organization to adopt a Bitcoin reserve.

Major cryptocurrencies including Bitcoin, Ethereum, and XRP are falling Friday alongside stocks amid growing inflation fears.

Representative Jordan Pace introduced legislation to create a Bitcoin Reserve for South Carolina, joining a nationwide effort. Currently, nearly half of all US states have an active bill to create a similar Reserve.

Rich Dad Poor Dad author Robert Kiyosaki says one traditional asset may outperform both Bitcoin (BTC) and gold in the coming months. Kiyosaki tells his 2.

Bitcoin (BTC) is moving farther away from the crucial $90,000 mark, indicating that buying dries up at higher levels. Market participants seem nervous about the fresh round of US trade tariffs and the renewed inflation pressure as US Personal Consumption Expenditures data came in hotter-than-expected.Traders are divided about Bitcoin's price trajectory in 2025.

Bitcoin's (CRYPTO: BTC) price action may soon escape its current consolidation phase, analysts say, as several key catalysts—ranging from regulatory shifts to evolving U.S. crypto policy—signal a potential breakout. What Happened: While inflation concerns have postponed rate cut expectations, BTC's resilience amid macro uncertainty is reviving investor confidence.

According to data provided by crypto analytics firm CryptoQuant, $674 million worth of dormant coins are suddenly on the move.

After a bullish start to March 2025, its close appears to have ended in a market crash. Today, March 28, 2025, the overall market witnessed a significant price decline. Amid this, Bitcoin (BTC), the world's largest digital asset, has finally lost its support and is now poised for a massive price drop.

A remark earlier this week by the chief of staff to Brazil's vice president underscored the country's heightened interest in Bitcoin.

Bitcoin is struggling to push higher, showing signs of weak demand and potential rejection. If selling pressure increases, the $80K support level could be the next target in the coming days.

TL;DR The crypto market experienced a 4% drop due to inflation data in the U.S. exceeding expectations, which negatively impacted investor sentiment. The total market capitalization decreased to $2.73 trillion, while the Personal Consumption Expenditures (PCE) Index rose by 0.4% monthly and 2.8% annually.

The meeting could strengthen US-El Salvador relations, influence Bitcoin's global adoption, and impact international crypto policies. The post Trump plans to meet with Bitcoin bull Nayib Bukele next month appeared first on Crypto Briefing.

As Bitcoin sways like a ship in a macroeconomic storm, the threshold of $84,000 becomes a symbol of resistance. The latest data from the U.S. Personal Consumption Expenditures (PCE), published on March 28, injected a dose of raw realism into the market euphoria.

After a positive start to the week, Bitcoin price reverted to negative returns after BTC (BTC) dropped 3.5% to an intraday low of $84,120 on March 28. The price rejection occurred at the cusp of the descending trendline (black) and the upper range of the ascending channel pattern.

Greetings, and happy 41st birthday to Ross Ulbricht!

The “core” personal consumption expenditures (PCE) price index makes it easier to capture underlying inflation trends by excluding food and energy, which tend to experience higher price volatility than other consumption categories. PCE Shock: Bitcoin Falls Under $85K as Inflation Worries Return Both traditional and crypto markets took a dive this morning as the U.S.

The U.S. Federal Reserve's preferred inflation measure elevated sharply in February, with the core personal consumption expenditures price index climbing 0.4%—the largest monthly spike since January 2024—while consumer spending growth fell short of expectations, the Commerce Department reported Friday.

South Carolina dropped its staking lawsuit against Coinbase on March 27. The lawsuit accused Coinbase of offering unregistered securities.

Bitcoin has long reigned as the undisputed king of cryptocurrencies, dominating headlines, dictating market trends and setting the standard for digital assets. In fact, according to YCharts, the daily Bitcoin transactions recently hit $505859, up from $317064 a year ago.

TL;DR Over $14.2 billion in Bitcoin and Ethereum options expire today, representing more than 40% of the total open interest in the crypto market. The “maximum pain” level for BTC is $85,000, slightly below the current price, which could trigger short-term downward pressure.

BlackRock, already a $10 trillion force in traditional finance, continues to expand its presence in the digital asset space. This time, it is the BUIDL fund - a tokenized investment vehicle - that has surpassed $1.5 billion in AUM, as reported by Arkham Intelligence.

Dominari Holdings has launched its “Dominari Bitcoin Treasury” strategy, allocating a portion of its cash reserves to Bitcoin (BTC).

The day of March 28 saw a clear retreat for the price of Bitcoin, which lost over 3% following the release of new data on the PCE (Personal Consumption Expenditures) Price Index in the United States (USA). The renewed fear of persistent inflation worries investors and puts an important technical threshold at risk: the support at 84,000 dollars.

On Friday, Bitcoin's computing strength rocketed to an all-time peak of 862 exahash per second (EH/s), shattering the prior benchmark of 852 EH/s set when February kicked off. Bitcoin's Network Muscle Flexes On March 28, the network's aggregate processing velocity had climbed to 862 EH/s, edging past the earlier milestone by a decisive 10 EH/s.

Speaking at the DC Blockchain summit, Senator Cynthia Lummis shared her belief that the power of Bitcoin could reduce the $36T U.S. debt by half in as little as 20 years. On X, she praised President Trump for his strides forward in this area.

The Federal Reserve's key inflation measure came in hotter than expected in February, according to data released on Friday.