THORChain's native token has plummeted 20% in the past 24 hours, wiping off recent gains as the rest of the market also bleeds. The price of THORChain (RUNE) changed hands around $1.20, dipping sharply after hitting highs above $1.60.
Bitcoin price broke below $80,000 for the first time in three months as investors continued to reduce their exposure to high-risk assets amid mounting tariff woes. BTC traded at $79,885 at the time of writing, down by 5.6% on the daily chart.
U.S. spot bitcoin ETFs saw $3.2 billion worth of net outflows in an eight-day negative streak, matching the longest since their debut.
Everything is bigger in Texas, the popular saying goes. Now, Bitcoin adds to that reputation as the state moves closer to creating its own strategic Bitcoin reserve.
Macroeconomic trends and central bank policies suggest Bitcoin's correction may extend to April as the US dollar strengthens, according to Matrixport.
TL;DR Market Plunge: Bitcoin and Ether drop below key levels, $80K and $2,100 as tariff uncertainty shakes investor confidence. Tariff Tension: U.S. tariff hikes on imports stoke fears of trade wars, potentially driving inflation and economic slowdowns. Liquidation Wave: Hedge fund sell-offs trigger over $1.34B in crypto liquidations, dragging down overall market cap by 7.25%.
Bitcoin (BTC) tumbled to an intraday low of $78,197 per coin early Friday, its sharpest descent in months. As of publication, the digital asset hovers listlessly below the $80,000 threshold at $79,875, signaling persistent bearish momentum. Crypto Carnage: Bitcoin Tumbles to Nov. 2024 Lows The leading cryptocurrency has shed 7% against the U.S.
The price of Bitcoin (BTC) is still fluctuating like a roller coaster, raising concerns among traders and investors. Despite the current market situation, Bitcoin proponent and JAN3 CEO Samson Mow has renewed confidence in the coin's prospects.
On-chain data shows the large Bitcoin holders are capitalizing on the lower prices as they have switched to accumulating again. Bitcoin Whales Are Now In Net Buying Mode According to data from the market intelligence platform IntoTheBlock, the Large Holders are buying BTC right now.
For most of February, the crypto market trended sideways, but this week, activity has plunged due to the impact of Donald Trump's war trades. The downturn triggered over $800 million in liquidations in the past 24 hours as traders struggled with the volatility.
XRP fell 10.01% to $2.0015 by 01:15 (06:15 GMT) on the Investing.com Index, marking its steepest one-day decline since February 24. The drop reduced XRPs market cap to $116.14 billion, accounting for 4.41% of the total crypto market.
Ever second-guessed locking your door before leaving? Financial markets behave similarly.
Bitcoins (BTC) price has dropped over 20% this month, marking its worst performance since June 2022. Despite the decline, traders on crypto exchange Bitfinex, known for accurately predicting market tops and bottoms, are increasing their long positions, signaling potential optimism for a rebound.
Bitcoin's price is expected to stay under pressure until April, with analysts warning a stronger U.S. dollar and shifting market dynamics influencing its trajectory.
Bitcoin price is bracing for a drop to $75,000 as the tariffs imposed by US President Donald Trump weigh on financial markets. Bitcoin miners facing pressure from the declining prices are dumping their holdings, as CryptoQuant data shows they have ramped up selling activity this week.
As inflation data looms, tech stocks, Treasuries, and crypto show bearish signals. Is this a market pullback or a sign of deeper trouble?
Since the start of the year, bitcoin holdings bought on margin on Bitfinex have increased by over 13,000 BTC.
A staggering $5.78 billion in Bitcoin and Ethereum options are expiring today as the crypto market sees heightened volatility and selling pressure today. BTC short-term volatility recently peaked at 90%, while ETH's short-term volatility surged past 100% as panic grips the market amid Trump tariff wars.
Global trade concerns continue pressuring investor sentiment, risking a potential Bitcoin correction below the key $75,000 support level.
Cryptocurrency analyst and trader Kevin Svenson is outlining the path forward for Bitcoin (BTC) as the flagship digital asset lingers around 20% below the all-time high.
A gargantuan weekly candle to the downside is currently in formation. Already 18% down for the week, this equates to a loss of $18,000.
The cryptocurrency market has been grappling with a fresh wave of uncertainty, following the announcement from U.S. President Donald Trump regarding the imposition of a 25% tariff on the European Union. This decision has injected additional pressure into an already volatile market, causing panic selling across various digital assets, including Bitcoin (BTC).
MetaMask plans to add support for Bitcoin and Solana networks, expanding its reach as the popular Ethereum wallet seeks further traction across the crypto ecosystem. The Consensys-owned wallet announced that this move is part of its product roadmap for 2025.
The crypto market is in freefall, losing over $330 billion! Bitcoin crashes to $80,000—can it hold, or will we see even lower prices?
Bitcoin has experienced its largest three-day price decline since 2022, dropping 12.6% to $86,227, while BitMEX co-founder Arthur Hayes projects possible further declines to the $70,000-$75,000 range based on technical analysis and macroeconomic factors.
Bitcoin has plunged below $80,000, marking its lowest point since November 2024, as the broader crypto market experiences a significant downturn. The ongoing sell-off has erased nearly all gains recorded after Donald Trump's election victory, signaling a period of intense volatility.
A significant batch of Bitcoin options contracts is set to expire on Friday, February 28, with a total notional value of approximately $4.7 billion.
The IMF, which informally approved the deal last year, states that this program aims to boost El Salvador's finances and growth prospects. However, the Bukele administration must “confine” its bitcoin activities and purchases in return. Done Deal: IMF Greenlights $1.
Bitcoin remains under pressure, with its price dropping below $85,000. At the time of writing, Bitcoin is valued at $84,397, representing a 2.4% decline in the past 24 hours and a significant 13.7% drop over the past week.
Bitcoin has fallen 27% from its all-time high to below $80,000 amid ETF outflows, trade policy concerns, and a major exchange security breach.
Just minutes after President Trump announced 25% tariffs on the European Union (EU), the S&P 500 erased over $500 billion in market value. Meanwhile, Bitcoin dipped below $84,000 for the first time since November.
This year's average purchase price is around $97,880, leaving investors facing an almost 20% unrealized loss at current prices.
Bitcoin crashes below $80K as liquidations surge—are hedge funds and market jitters fueling the sell-off?
Following a massive drop, Bitcoin is now at a crossroads. What next for BTC?
Bitcoin fell below $80,000 on Friday, extending its sharp decline in February as investor sentiment soured. The cryptocurrency dropped 7.3% to $78,547.88, putting it on track for a loss of over 20% for the month.
Are you wondering which crypto could take off in 2025? Bitcoin dropped 12.6% from Monday to Wednesday, making it the biggest three-day fall since November 2022. The decline happened because there is less cash flowing into the market and big investors are losing interest.
Bitdeer's shares rose 0.6% after hours as the crypto miner invested $4 million in Bitcoin despite falling prices.
Arizona lawmakers have pushed forward the Arizona Strategic Bitcoin Reserve Act, bringing the state a step closer to making Bitcoin a part of its financial strategy. On Feb.
The popular crypto wallet will soon support Solana and Bitcoin, giving users more flexibility in managing their digital assets. But that's not all.
Data shows the Bitcoin Fear & Greed Index has sunk to its lowest level since the 2022 bear market following the latest crash in the BTC price.
Bitcoin is tackling support levels not seen in months. Where do traders think BTC price action will put on a definitive floor after nearly a 30% drop from all-time highs?
Arizona is pushing ahead with cryptocurrency investment as two Bitcoin reserve bills have passed the Senate, setting the stage for final approval in the state's House of Representatives. While states like Wyoming and Montana are rejecting similar measures over concerns about crypto's volatility, Arizona is doubling down on digital assets.
Bitcoin plunged below $80K, Ethereum hit a one-year low, and over $870M in crypto positions were liquidated as Trump's tariffs shook global markets—here's what comes next for BTC and ETH.
Bitcoin crashes below $80K amid macroeconomic fears and massive institutional sell-offs. Discover what's driving the decline and what's next for BTC. The post Bitcoin's $79K Breakdown: What's Driving the Crypto Crash? appeared first on Cryptonews.
With another massive liquidation and sell-off event, the crypto market has lost $860M. Out of these, nearly half were liquidated on BTC, but Geoff Kendrick's trust in this digital asset remains maintained, as he forecasts a massive rally.
Analyst and trader Ali Martinez is warning that a bearish signal is flashing on Bitcoin (BTC) amid a correction that has seen the crypto king fall to a three-month low. Martinez tells his 128,800 followers on the social media platform X that a bearish divergence is evident on Bitcoin's weekly time frame.
Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024.
Strategy CEO Michael Saylor has caused some backlash on X after seemingly joking after seemingly joking about selling kidneys following Bitcoin's massive crash below the $80,000 level.