Bitcoin's price has entered a volatile trading range between $78,000 and $82,000 as bullish momentum fades and traders react to shifting macroeconomic conditions.
Exclusive remarks disclosed to The Pavlovic Today illuminate an ambitious federal endeavor: Bo Hines, occupying the helm of the President's Council of Advisers on Digital Assets, divulged plans for the U.S. government to systematically procure bitcoin (BTC) as part of its freshly minted Strategic Bitcoin Reserve.
On Monday, Bitcoin's price sharply fell below $80,000, influenced by ongoing sell-offs in the equities market. Over the weekend, Bitcoin faced strong downward pressure, breaking through key support levels.
Analysts warn of an impending U.S. stock market correction as bitcoin's safe haven status remains unproven.
“Many of the recent liquidations likely stem from inexperienced traders who entered the market during the “extreme greed” phase," an analyst said.
Ripple emails from 2018, submitted in the ongoing case with the US Securities and Exchange Commission (SEC), are making rounds of social media. The emails reveal that the blockchain firm's team actively discussed promoting the narrative that Bitcoin is a China-controlled currency.
Futures expiring on Friday have slipped into a discount, reflecting demand weakness.
Strategy, formerly known as MicroStrategy, has announced its plans to raise up to $21 billion in fresh capital to buy more of the number one cryptocurrency. The company intends to sell a special type of stock called perpetual strike preferred stock for Bitcoin purchases.
BitMEX founder Arthur Hayes predicted that BTC could see a drop to $78,000, and breaking this support level could extend its slide to $75K.
SGX will launch Bitcoin perpetual futures in H2 2025 for institutional clients. The offering is pending approval from the Monetary Authority of Singapore.
Bitcoin, often seen as a safe haven against the failures of traditional currencies, is experiencing a striking paradox. While the US dollar is eroding at an unprecedented rate over the last 12 years, the crypto king stumbles.
Despite the news, however, the company's shares fell about 5% on Monday, mirroring bitcoin's price decline.
Bitcoin, Ether, and XRP plunge over 6%, dragging the total crypto market cap to $2.71T.
Bitcoin's (CRYPTO: BTC) drop below $80,000 has traders questioning whether this is a healthy correction or a prime buying opportunity. What Happened: In a detailed X post on Monday, crypto trader Stockmoney Lizards posited that traders are rushing to buy the dip, but technical analysis suggests Bitcoin's pullback may not be over yet.
Crypto markets face heightened volatility, with Bitcoin dropping below $80,000 amid uncertainty over Trump's strategic Bitcoin reserve plan.
The Trump Administration's Crypto Czar says the US could gobble up more Bitcoin (BTC) to add to its upcoming strategic reserve.
Richard Byworth, managing partner at alternatives investment firm Syz Capital, says the United States' creation of a strategic Bitcoin reserve is historic for the entire crypto market.
Bitcoin ETFs experienced a net weekly outflow of $799 million, marking the fourth consecutive week of outflows. Ether ETFs also faced challenges, recording a net outflow of $120 million. Crypto ETFs Continue to Experience Significant Outflows In the week spanning Mar. 3 to Mar.
According to experts BTC could be heading for a deeper correction.
Strategy (formerly known as MicroStrategy) has unveiled plans to raise $21 billion through its Series A preferred stock (STRK) to acquire more Bitcoin. According to a March 10 statement, the company had entered a sales agreement to issue and sell shares of its 8.00% Series A perpetual strike preferred stock at the market (ATM).
The IMF said to slow down. El Salvador said no.
Bitcoin (BTC) bulls tried to push the price above $85,000, but the bears held their ground. A minor positive is that larger investors seem to be accumulating at lower levels.
Bitcoin miner CleanSpark will join an important benchmark for US small-cap stocks, underscoring the company's recent string of profitability despite industry volatility following the April 2024 halving. Beginning March 24, CleanSpark's stock will be included in the S&P SmallCap 600 Index.
Bitcoin (BTC -4.72%) took a steep price cut over the weekend. As measured from Friday's market close, the cryptocurrency's price was down 8.9% by 10:45 a.m.
The move follows Strategy co-founder and Executive Chairman Michael Saylor's visit to the White House last week.
Large Bitcoin wallets paused accumulation during holidays, dumped mid-February, but are now re-accumulating as the market looks for direction.
The potential DOJ sell-off and economic concerns could exacerbate market volatility, impacting Bitcoin's stability and investor confidence. The post Bitcoin's price drop sparks speculation over DOJ's possible sell-off appeared first on Crypto Briefing.
Bitcoin perpetual funding rates turned slightly negative, reaching an annualized rate of -2%.
Bitcoin begins a crucial week following a significant drop that has shaken the market. Amid macroeconomic uncertainties, tensions over interest rates, and technical indicators under pressure, investors are closely monitoring the upcoming movements.
Thailand's financial regulator, the Securities and Exchange Commission (SEC), has expanded its list of approved cryptocurrencies. The country has now allowed the use of Tether (USDT) and Circle's USD Coin (USDC) on licensed digital asset exchanges. This decision follows a growing demand for stablecoins in crypto trading and payments worldwide.
RLinda, a TradingView crypto analyst who predicted Bitcoin's previous crash from $91,000, has shared another bearish forecast for the pioneer cryptocurrency. According to the analyst, more pain may be on the horizon for Bitcoin, as it is expected to plummet as low as $73,000.
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The exchange is also developing a "first of its kind perpetual-style futures contract with long dated expirations," the company announced.
The exchange is also working on launching perpetual-style futures in the U.S. with long-dated expirations.
Coinbase Derivatives, a CFTC-regulated futures exchange, is preparing to introduce 24/7 Bitcoin and Ethereum futures trading for U.S. traders. This marks the first time crypto futures will be available around the clock in the U.S.
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Shiba Inu (SHIB), the dog-themed meme coin, has experienced major bearish pressure on the broader cryptocurrency market. This drawdown is threatening SHIB's ranking among the top 20 crypto assets.
Last week saw historic crypto events: Strategic Bitcoin Reserve (SBR)/ Digital Asset Stockpile (DAS), a Crypto Czar appointment (David Sacks), and the first Crypto Summit. You'd think that with such significant announcements, the crypto markets would respond positively and surge.
The crypto market continues its downward spiral, with Bitcoin slipping below $80K and Ethereum nearing a critical breakdown. What's driving the sell-off, and how can traders still profit?
TL;DR Strategy plans to offer up to $21 billion in preferred shares to strengthen its position as the largest corporate holder of Bitcoin. The company will use various financing sources, including stock issuance and convertible debt, to increase its BTC reserves.
Digital asset investment products continued their losing streak for the fourth consecutive week, with outflows reaching $876 million, according to CoinShares‘ latest report. James Butterfill, head of research at CoinShares, noted that while the rate of capital flight has slowed, investors remain cautious amid the bearish market situation.
Nasdaq-listed Bitcoin mining firm CleanSpark has announced its upcoming inclusion in the S&P SmallCap 600 index. CleanSpark, one of the largest Bitcoin (BTC) mining companies in the world, revealed this via press release on Mar. 10.
The price of bitcoin continues to tank, declining to a low of $79,170 per unit on Monday, March 10, 2025. The leading crypto asset is mirroring U.S. equities as recession anxieties ignite a widespread sell-off. Economic Jitters Drive Bitcoin Lower Bitcoin (BTC) has lost an additional 5.2% against the U.S.
Despite President Trump implementing several crypto-friendly measures, such as creating a strategic crypto reserve, the market did not see an increase in buying demand. Last week, the crypto market experienced a decline, with major losses across Bitcoin, Ethereum, and other crypto exchange-traded products. According to a CoinShares report, crypto ETPs have collectively lost $4.
Bitcoin (BTC) sought a rematch with multimonth lows on March 10 as familiar selling accompanied the start of Wall Street trading. BTC/USD 1-hour chart.
Coinbase's 24/7 crypto futures could enhance US market competitiveness, aligning domestic trading with global crypto activity and standards. The post Coinbase to launch first 24/7 Bitcoin and Ethereum futures in the US appeared first on Crypto Briefing.
With BTC struggling to hold key support and bearish momentum building, traders are asking, will Bitcoin crash to $47,000.
The price action came as the Nasdaq and S&P 500 stock indexes fell sharply early Monday as Trump failed to quell worries about a recession.