Bitcoin has fallen below $84,000, dropping 20% since Trump's inauguration due to tariff concerns, ETF outflows, and bearish market sentiment.
Oklahoma's Strategic Bitcoin Reserve Act advances toward a final vote, potentially allowing 10% of public funds to be invested in Bitcoin
On Wednesday, Bitcoin (BTC) prices plummeted to a four-month low, reaching as low as $81,000, as the anticipated “Trump bump” in the markets faded. This has prompted investors and traders to hedge against further decreases, with Bitcoin options indicating a notable interest in put options with a strike price of $70,000.
The bill would allow Oklahoma to invest up to 10% of its public funds into Bitcoin and other digital assets.
Bitcoin (BTC) has experienced one of its largest price pullbacks in recent times, plunging from $96,131 on February 24 to a potential local bottom of $85,418 today. The decline triggered liquidations exceeding $1.5 billion, with the majority coming from long positions.
Despite reduced Bitcoin production, Marathon's quarterly revenue surged to $214.4 million, driven by a significant rise in Bitcoin prices.
Crypto markets are in deep red, with over $500 billion wiped out in just a week as the market cap plunges to $2.8 trillion. Bitcoin, the pioneer cryptocurrency, has crashed to a 4-month low of $82,300, dropping nearly 15% in a week.
Bitcoin tumbled to a three-month low on Wednesday, shedding 4.4% to hit $84,200 as global trade concerns and massive ETF outflows sparked a broader market sell-off. Investor sentiment soured after U.S. President Donald Trump announced a 25% tariff on European Union goods, escalating fears of a global trade war.
Just when I thought I was out, they pulled me back in. This famous line from The Godfather perfectly describes Bitcoins (BTC) latest market moves.
On-chain data reveals that Bitcoin (BTC) whales have offloaded 25,740 BTC in the past seven days, according to crypto analytics firm IntoTheBlock. These large holders, who control between 10,000 and 100,000 BTC, have taken advantage of recent price fluctuations to cash out, contributing to the markets ongoing volatility.
Bitcoin ETFs faced a major shake-up last week, with a staggering $1.8 billion in outflows. A single-day withdrawal of $938 million saw Fidelitys FBTC take the biggest hit at $345 million, while BlackRocks IBIT lost $164 million.
Bitcoin ETFs have seen their largest daily outflow since their launch in early 2024, with nearly $937.9 million worth of BTC withdrawn from 11 funds, according to analytics platform SpotOnChain. The biggest losses came from Fidelitys FBTC, which saw $344.7 million in outflows, followed by BlackRocks IBIT with $164.4 million.
Bitcoin extended losses for the fourth consecutive session, plunging 3.6% to $88,706.9 by early Wednesday, after briefly dipping to $86,000. The worlds largest cryptocurrency has shed about $8,000 over the past week, rattled by a $1.5 billion hack on ByBit and broader market volatility.
Bitcoin price tanked all the way under $83,000 earlier today amid continued selling pressure with the BTC fear and greed index seeing even lower levels than the FTX collapse. Market analysts believe that now is not the right time for investors to panic sell their BTC as extreme fear conditions usually create upward price actions.
February 27, 2025 05:13:03 UTC Ethereum Sell-Off Intensifies as Whales Offload $43M in 48 Hours Ethereum's market is experiencing a sharp sell-off as whales panic-sell their holdings. One whale, with the address 0xc725102508c2f7df5bdb5f8ea5242ae18b8a839d, sold 8,074 ETH, valued at $19.63 million, at an average price of $2,431 just 12 hours ago.
BlackRock's iShares Bitcoin Trust has just recorded its biggest single day outflow since launching in 2024.
Cryptocurrency markets took a sharp hit today as Bitcoin (BTC) plunged to an intraday low of $82,000, while Ethereum (ETH), Solana (SOL), and XRP extended their losses, falling between 3% and 7%.
Crypto strategist Michaël van de Poppe, known for his accurate market predictions, has shared his views on Bitcoin's (BTC) price movement, focusing on the potential bottom for the current market correction. With the crypto market experiencing increased bearish sentiment, Van de Poppe believes Bitcoin is nearing a crucial turning point that could set the stage for the next phase of the bull market.
Despite initial trader optimism, meme coins have underperformed as evidenced with its market capitalization returning to November 2024 levels.
Crypto prices today (February 27): Bitcoin (BTC) price swooped to a $82K low intraday, primarily continuing to face macro heat. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP prices also mimicked a downtrend, losing 3%-7%.
Bitcoin has fallen below $85,000, continuing its sharp decline as traders react to President Donald Trump's announcement of new tariffs on European imports. Speaking at his first cabinet meeting on Feb. 26, U.S.
Ethereum price started a fresh decline from the $2,450 resistance zone. ETH is now consolidating losses and might face hurdles near $2,400 and $2,450.
Assure DeFi CEO and crypto analyst Chapo predicts Market-Value-to-Realized-Value will peak around 3.2 this cycle, signaling the market top.
Bitcoin price started a fresh decline below the $88,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term.
Bitcoin continued its plunge from last week, driven by the 'unwinding of basis trades,' said an analyst from Presto Research.
XRP Price on Edge: SEC Decision Looms Traders await the SEC's closed meeting outcome—will an appeal withdrawal spark an XRP breakout?
Given the bearish state of the market and the recent Bitcoin price crash below $95,000, it's unsurprising if many would believe that the end of the bull market is here. However, a crypto analyst negates this possibility, sharing details regarding the current position the market is in this bull cycle.
As bitcoin hovers just above $84,000 at 8:45 p.m. Eastern Time (ET) on Wednesday amid heightened volatility, ten critical events—from U.S. tariffs to central bank decisions—could shape crypto markets in the weeks ahead.
The market intelligence platform IntoTheBlock has revealed how the largest of Bitcoin holders have been the ones applying selling pressure amid the price decline. Bitcoin Mega Whales Have Been Reducing Their Supply Recently In a new post on X, IntoTheBlock has discussed the latest trend in the Bitcoin supply held by the whales.
Bitcoin exchange inflow soared, exceeding 5k BTC three times, as U.S. consumer confidence declined by 7.0 points, hitting an 8-month low.
RSI screams oversold, but is a recovery around the corner or is Bitcoin's worst drop yet to come?
Bitcoin Magazine Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing Senators and key figures from the crypto industry discuss all things stablecoins at the first-ever hearing hosted by the newly-established Senate Banking Subcommittee on Digital Assets. This post Stablecoins, Not Bitcoin, In Focus At First U.S. Digital Assets Subcommittee Hearing first appeared on Bitcoin Magazine and is written by Frank Corva.
Bitcoin (BTC) price plunged to a new 120-day lows of $82,250 on Wednesday Feb 28 as US tech stocks sell-off spread bearish headwinds across the crypto sector. Markets data shows a prolonged selling spree among Bitcoin ETFs could escalate the BTC price downtrend further.
US spot Bitcoin ETFs recorded the largest outflow on Feb. 25, with $937.9 million pulled out of the funds in a single day. This massive exit, the biggest since the ETFs launched in January 2024, reflects a growing unease in the crypto market.
Ethereum (ETH) has experienced a significant drop of nearly 10% on February 25, 2025, pushing its market capitalization below the $295 billion mark for the first time since November 2024. The decline in price has been driven by a combination of factors, including bearish sentiment in the broader crypto market, reduced whale activity, and oversold technical indicators.
Michael Saylor announced via X on Feb. 26, 2025, that his March 11 Bitcoin for America keynote will outline a theoretical strategy to pay off the U.S. national debt, currently at $36 trillion, using bitcoin. Turning Bitcoin Into Trillions: The Controversial Idea to Zero Out U.S.
Bitcoin price swept 3 month lows again as liquidations, spot BTC ETF outflows and new Trump tariff threats against the EU took a heavily toll on markets.
After breaking below an ascending moving average, XRP dropped to $2.24, indicating that momentum on the asset is growing, but in the wrong direction for bulls. Unfortunately, the cryptocurrency is entering a sustainable downtrend, and things might get even worse for the price in the foreseeable future.
Eric Trump backs the idea of buying the dip which aligned with '7 Siblings' who purchase ETH as price dropped to around $2400.
MARA Holdings said it took a “strategic pause” to the first wave of AI to see how it shakes out but now appears ready to jump in.
MicroStrategy's CEO Michael Saylor has called on Jeff Bezos to use Bitcoin as a means of supporting freedom of choice and free markets. According to Saylor, Bitcoin is an open protocol for enhancing personal freedom and expanding free markets through networks.
Aya Miyaguchi has transitioned from executive director to president of the Ethereum Foundation, effective Feb. 25, 2025, as part of a leadership restructuring aimed at addressing community concerns and advancing institutional partnerships.
In the past two days, the Bitcoin price has tumbled more than 10%, rattling a crypto market that had seen a sustained period of relative stability. The pullback has left investors questioning the role of US spot-based Bitcoin ETFs in the downturn, as data emerges revealing significant outflows from these products.
El Salvador has finally begun building “Bitcoin City Airport,” an air transport hub that will supposedly one day link Bitcoin City to the rest of the world. The post Construction of El Salvador's Bitcoin City Airport Begins – But There's a Twist appeared first on Cryptonews.
The cryptocurrency market has been hit by a significant downturn, with Bitcoin (BTC) dipping below the $86,000 mark. This market sell-off has sent shockwaves through the community, triggering panic selling and liquidations across various assets.
MicroStrategy, the software company led by Michael Saylor, is currently experiencing a significant financial downturn. Its stock has dropped over 55% since the start of 2025, raising concerns that the company may have to sell some of its substantial Bitcoin holdings, valued at $43.7 billion, to cover its mounting debt.
It just got easier to mine Bitcoin following the dip in BTC's price and a cold snap across the U.S.—but what does this mean?
Fold Holdings has expanded its bitcoin treasury with the purchase of 10 additional BTC at an average price of $87,500 per coin. The move underscores Fold's long-term commitment to bitcoin as a core treasury asset. Fold Holdings Adds 10 Bitcoin to Treasury, Reinforcing Long-Term BTC Strategy Fold Holdings Inc.