Bitcoin's (BTC) price action remains volatile as it swiftly recovered to $89,000 after plunging to $82,000, rebounding from a sell-off sparked by Donald Trump's announcement of 25% tariffs on U.S. imports from Canada and Mexico.
Bitcoin has surpassed $90,000, bouncing back from its dip below $83,000 after the crypto market crashed due to Trump's tariff announcement. According to data from crypto.
Bitcoin ETFs experienced net outflows of $143 million, with major funds like Fidelity's FBTC and Ark 21Shares' ARKB leading the declines. In contrast, Ether ETFs ended an eight-day outflow streak, attracting $15 million in net inflows, primarily driven by Fidelity's FETH.
It's up, it's down, it's all around – Bitcoin's price has been a whirlwind over the past week, and not always a good one. Making a 2025 Bitcoin price prediction is harder than ever – but we're here to analyze the news, look at market conditions, and give you the best possible information.
TL;DR A surge in BTC Price: Bitcoin jumps 8%, recovering from under $80K to around $92.4K, reigniting bullish sentiment. Institutional and Regulatory Boost: Recent attention from Trump's crypto reserve and the upcoming White House Crypto Summit is fueling renewed institutional interest.
US President Donald Trump is reportedly preparing to unveil the Bitcoin Reserve Strategy at the upcoming White House Crypto Summit on March 7, according to The Pavlovic Report. According to the report, Commerce Secretary Howard Lutnick confirmed that President Trump will outline his vision for the crypto industry during the event.
BlackRocks spot Bitcoin ETF (IBIT) saw an 11% decline last week, hitting its lowest price since early November. Trading volume surged, with over 331 million shares exchanged on Nasdaq, marking the highest activity since mid-November.
Bitcoin rebounded on Wednesday as bargain hunters capitalized on recent losses, while optimism over potential tariff relief from U.S. President Donald Trump fueled risk appetite. The worlds largest cryptocurrency saw volatile swings this week, initially rallying after Trump hinted at a crypto reserve but pulling back as he provided little clarity on his plans.
Tokyo-listed Metaplanet has significantly expanded its Bitcoin (BTC) holdings, acquiring 497 BTC worth $43.3 million. This latest purchase brings its total BTC stash to 2,888 BTC, with an aggregate cost basis of 36.444 billion yen ($240 million).
After several weeks of notable bearish performances, Bitcoin‘s core metrics are hinting at a bullish outlook for the flagship asset's price. Bitcoin's price is currently struggling to regain the $90,000 mark, but its market dynamics hint at a transition into positive territory, signaling growing momentum.
Bitwise Chief Investment Officer Matt Hougan on Wednesday that despite a bumpy rollout, President Donald Trump's strategic crypto reserve announcement remains bullish for the market, a view tempered by industry critique over its scope. What Happened: Unveiled on Sunday, the reserve—set to include Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), Solana (CRYPTO: SOL), Ripple (CRYPTO: XRP), and Cardano (CRYPTO: ADA) triggered a swift market reaction, with Bitcoin climbing from $85,000 to $95,000 before relinquishing all gains by Monday.
Bitcoin (BTC) surged past the $90,000 mark following reports of its potential preferential treatment in President Donald Trump's proposed US crypto reserve strategy.
Trump's Commerce secretary Howard Lutnick has reportedly confirmed Trump will unveil a U.S.
Bitcoin rose earlier this week, but initial excitement from Trump's strategic reserve plans was short-lived due to profit-taking amid the lack of concrete plans and a risk-off mood in broader equity markets.
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Binance open interest drops below 100,000 BTC, lowest level in over a year.
Bitcoin's price was buoyed Wednesday on hopes President Trump would soften the punishing tariffs on key trade partners Canada and Mexico.
Bukele insists Bitcoin accumulation will continue despite IMF restrictions. El Salvador added 1 BTC to its reserves on March 4, holding 6,101 BTC.
Could XRP's regulatory battle take a shocking turn as debates over its security status resurface?
The crypto markets are recovering after experiencing bloodshed across the streets for a while. In the meantime, Bitcoin rebounds and reclaims levels above $90,000, flashing bullish signals for the upcoming price action. The lesser clarity on the crypto strategic reserve was speculated to have raised concerns, which has kept the price resitructed within a range.
“The President definitely thinks that there's a Bitcoin strategic reserve,” Lutnick said, "other crypto tokens will be treated differently."
In the last three days, the US Dollar Index, or DXY, which measures the US dollar's value against a basket of six major currencies, has dropped from above 107 to around 105. Meanwhile, in the last 24 hours, the Bitcoin price has showcased an impressive surge of 7.7%.
TL;DR Blockstream is launching three Bitcoin-backed investment funds after securing a multimillion-dollar capital injection, with an official launch set for April 1. Two funds will focus on Bitcoin-backed lending, allowing investors to access liquidity without selling their assets, while the third will offer hedging strategies for financial institutions.
Cryptocurrency analyst and trader Ali Martinez has shared a chart provided by on-chain data company Glassnode about a tremendous increase in the number of active XRP wallets faced by the network recently.
The announcement is set to come ahead of the first-ever White House crypto summit on Friday. Commerce Secretary Howard Lutnick revealed the administration's plans for the announcement of the Bitcoin reserve.
Check out what can trigger a substantial rally for BTC in the following days.
The Japanese firm's stock rose over 20% following its purchase of 495 Bitcoins, bringing its total holdings to 2,888 BTC.
Metaplanet, a leading technology and investment company, saw its stock soar by 14% today after announcing that it had purchased 497 Bitcoins amid the recent market dip. The company's decision to increase its Bitcoin holdings came at a time when the broader cryptocurrency market was facing volatility, driven by external factors such as former President Trump's tariffs.
XRP's focus on fast, low-cost transactions has made it one of the frontrunners in the digital currency space when it comes to utility. At the time of writing, XRP is the third largest cryptocurrency in the world by market cap.
Inflows to exchanges from funds and traders usually imply an intention to sell, as large token holdings are usually stored in cold (or offline) wallets.
Is the crypto market about to turn the corner? Bitcoin proxies Strategy (formerly MicroStrategy) and Coinbase look as though they are in prime position to rip higher.
Bitcoin bull market momentum is due to return, but a "cooling off period" of up to three months is due first, Timothy Peterson says as he reveals a new BTC price floor.
Ricardo Salinas Pliego, a Mexican billionaire and founder of corporate conglomerate Grupo Salinas, has recently revealed that a massive chunk of his liquid portfolio is in Bitcoin (BTC) and BTC-related assets.
XRP exploded to nearly $3 after President Trump sounded plans for a United States crypto reserve alongside Bitcoin (BTC), Ethereum (ETH), Cardano (ADA) and Solana (SOL).
XRP's price is somewhat stuck between 50 and 100-day moving averages, which creates a tight range in which both bulls and bears are trying to establish dominance. The momentum for now is certainly not decisive.
The White House Crypto Summit, an event aiming to shape cryptocurrency policy in America, will occur this Friday, March 7. It will give the president and his crypto advisory group direct contact with key people in the crypto community.
Trump's Bitcoin reserve strategy could reshape U.S. crypto policy, potentially positioning the nation as a global leader in digital assets. The post President Trump set to reveal Bitcoin reserve strategy at White House Crypto Summit: Report appeared first on Crypto Briefing.
Signs of seller exhaustion at the 200-day SMA suggests scope for a price bounce.
Japanese company Metaplanet boosted its Bitcoin treasury, buying 156 BTC and now holding 2,391 BTC for about $200 million at roughly $80,000 per coin.
A crypto strategist known for nailing the 2022 Bitcoin bottom believes that the current correction will climax once BTC hits a key price level.
Ripple's XRP has seen a notable bounce in the past 24 hours, rising by more than 6% to trade at $2.44. As the broader cryptocurrency market experiences a bullish surge, with Bitcoin surpassing $86K and ADA up 16%, XRP eyes the $2.50 mark.
Another round of delistings is coming to Binance. The exchange has decided to remove several spot trading pairs, a move it makes regularly to ensure smooth operations and maintain market quality.
El Salvador will continue acquiring Bitcoin despite its agreement with the International Monetary Fund (IMF), according to President Nayib Bukele. On March 5, Bukele dismissed conjecture that the country would halt Bitcoin purchases and reaffirmed that El Salvador would continue acquiring BTC, regardless of external pressures.
Like the 20% rebound from $78K, could BTC rally again, targeting $97K resistance?
Michael Saylor, vocal Bitcoin evangelist and Strategy's executive chairman, has drawn the community's attention to another Bitcoin-focused company. Japan-based Metaplanet Inc. follows Strategy's playbook and it has been regularly acquiring BTC to put it on its balance sheet.
The market capitalisation of the third largest cryptocurrency, XRP, remains at $142,889,441,501 – at least 46.48% lower than the Ethereum market cap of $267,009,007,063. A recent post on X by a crypto analyst and trader, identified as Dom, suggests that XRP is currently testing a historically strong resistance level versus Ethereum.
XRP price surged above $2.50 with analysts predicting a potential rally that could challenge Ethereum's market position.
The DXY index has now dropped to its lowest level since mid-November.