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news-imageMarch 7, 2025

President Trump Signs Executive Order Creating Strategic Bitcoin Reserve – Why is BTC Price Collapsing?

US President Donald Trump just signed an executive order setting up a strategic Bitcoin reserve, a historic moment for the world's oldest and largest crypto, though the immediate market reaction has been to send the BTC price tumbling lower. The post President Trump Signs Executive Order Creating Strategic Bitcoin Reserve – Why is BTC Price Collapsing? appeared first on Cryptonews.
Publisher: Cryptonews
Sentiment: Negative
BTC

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cover-imageNewsBTC
March 8, 2025

Bitcoin Stalls: Weak Momentum Puts $85,211 Recovery In Doubt

Bitcoin is making an effort to stage a comeback after dipping to $85,211, but a lack of strong momentum is casting doubt on the recovery. While buyers are attempting to regain control, technical indicators suggest that bullish strength remains fragile, raising concerns about whether BTC can sustain its rebound or face another pullback.

Negative
cover-imageBitcoin
March 8, 2025

Bitcoin Hashprice Tumbles as Miners Brace for Tougher March

Bitcoin's hashprice—the estimated earnings generated by operating 1 petahash per second (PH/s) of mining power—has dipped from $53.13 per petahash down to its current value of $49.81 over the past seven days. Meanwhile, Bitcoin's total hashrate bounced back impressively from its Feb.

Negative
cover-imageBitcoinist
March 8, 2025

Bitcoin's Path To $100,000 Faces Stiff Resistance At $98,000 — Analyst

The Bitcoin (BTC) market took a positive turn in the past week rising by 1.10% according to data from CoinMarketCap. While there are still expectations of a further price correction, the effects of macroeconomic developments as seen with recent statements from US President Donald Trump cast more uncertainty over the premier cryptocurrency's future trajectory.

Negative
cover-imageCoinPedia
March 8, 2025

Bitcoin, Ethereum, and XRP Price Prediction for Next Week

The crypto market today has undergone a pullback, with Bitcoin, Ethereum, and XRP facing strong opposition at crucial levels. The Fear & Greed Index presently sits at 25, cautioning a fearful sentiment among investors. Bitcoin's short-lived uptrend above the $90,000 incurred selling pressure, leading to a trend reversal. Macroeconomic concerns, including recent U.S.

Positive
cover-imageCoinPedia
March 8, 2025

VanEck Proposes 6 Ways for the US to Buy Bitcoin Without Taxpayer Money

Recently, Donald Trump, the US President, signed an executive order to establish a strategic cryptocurrency reserve. At a time when the US is discussing various aspects of this revolutionary reserve plan, VanEck has proposed several budget-friendly strategies for the US government to expand its Bitcoin holdings without using taxpayer money.

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