Bitcoin sank to its lowest level in three months on Tuesday, with analysts pointing to lingering concerns around the US economy and a "risk off" attitude among investors. At US$88,289, bitcoin was off 3.5% and at levels last seen in mid-November, when Trump's election victory had helped boost the price of the crypto.
Bitcoin has fallen below $90,000 for the first time since reaching this level in November, with it diving to $86,700 before somewhat recovering to $89,000.
For three years, nothing. Not a single move.
XRP's 20% price drop over the last two days saw it break below an asymmetrical triangle with a downward target of $1.50.
Strategy, formerly MicroStrategy, saw its stock MSTR fall more than 5%. Not only that, the ratio of MSTR's market capitalization and its Bitcoin holdings has fallen to 1.6 after BTC dropped below $90,000.
Regressing the logarithm of bitcoin's price against the logarithm of time generates a tight fit. This is consistent with bitcoin's price following a power law.
The cryptocurrency market faced a sharp downturn over the past 24 hours, with Bitcoin (CRYPTO: BTC) dropping to a low of $87,115 before stabilizing at $88,850, marking a 7% decline. Ethereum (CRYPTO: ETH) saw an even steeper drop of 10%, trading at $2,420.
Bybit has returned the 40,000 Ethereum loan, valued at roughly $99.98 million, obtained from Bitget following the recent $1.4 billion security incident. Blockchain analysis platform Lookonchain reported that the repayment occurred on Feb. 24, with Bybit transferring the funds from its cold wallet back to Bitget.
Ethereum has faced multiple rejections at its resistance level over the past two weeks, intensifying selling pressure and pushing it towards its support zone in recent hours. ETH is in an oversold zone according to the RSI, indicating high bearish pressure with the possibility of a technical rebound.
On-chain data highlighted that Bybit exchange transferred 40,000 Ethereum worth approximately $100 million back to Bitget.
Bitcoin, Raydium, and Frax dominate crypto discussions as volatility, governance changes, and major BTC acquisitions drive market sentiment.
You can click on this news section to read its content. It seems somehow there is no meta tag description available for this news article.
Ethereum crashes below $2,500 as the crypto market drops over 10% in 24 hours. Bitcoin dips under $90K, raising concerns of further ETH declines to $1,800.
Japanese investment firm Metaplanet announced on Tuesday that it has acquired an additional 135 Bitcoin, investing approximately $12.9 million in the top crypto.
Prices have been moving fast in the cryptocurrency market on February 25, with hundreds of millions of dollars erased in a bloodbath that has taken Bitcoin (BTC) below $89,000 for the first time since November and Ethereum (ETH) below $2,400 for the first time since October.
Changpeng Zhao, also known in the crypto community as CZ, has taken to his official page on the X social media platform (formerly known as Twitter) to address the community and share his take on the current crypto market bloodbath.
The cryptocurrency market is in turmoil today, as major digital assets suffer significant losses. With global market capitalization falling by nearly 5% and a surge in trading volumes, the crypto landscape is facing one of its toughest days in recent months.
Bitcoin “goblin town” is incoming, says BitMEX co-founder Arthur Hayes. According to him, Bitcoin could fall to $70,000 if large hedge funds exit their positions in US Bitcoin exchange-traded funds.
The largest cryptocurrency slid as low as $86,873 in after-hours trading, the lowest bitcoin has fallen in three months. BTC Sees Sharp Decline as Trading Volume Surges 178% in Market Sell-Off Bitcoin (BTC) plunged below $87,000 in afterhours trading but has since recovered slightly and is currently trading at $88,297, reflecting a 7.
The heightened capitulation of XRP long traders in the last 24 hours has escalated the odds of a long squeeze In the coming days.
Strategy (formerly MicroStrategy) executive chairman, billionaire Michael Saylor, announced a recent 20,356 Bitcoin ($BTC) purchase, raising the company's $BTC count to 499,096. The purchase cost $1.99B at $97,514 per $BTC, raising Strategy's overall investment to $33.1B with an average $BTC purchase price of $66,357.
After more than 90 days of consolidating between $91,000 and $102,000, BTC has fallen below the $88,000 range.
El Salvador has resumed its bitcoin purchase schedule, buying 7 BTC after a one-week hiatus, which raised concerns among bitcoiners. The reason for the pause in the bitcoin acquisition schedule remains unknown.
Bitcoin's sharp drop confirms a Wave 4 correction, with price testing key Fibonacci supports near $85,848. RSI oversold conditions hint at a potential bounce, but reclaiming $93,676 is crucial for bullish momentum.
Bitcoin plunged to a three-month low below $88,000 Tuesday morning, dragging the wider crypto market down with it.
Arthur Hayes, co-founder of BitMEX and Chief Investment Officer at Maelstrom, has cautioned that Bitcoin's price could drop as low as $70,000 due to ongoing bearish momentum. This comes as Bitcoin recently slumped to a three-month low of $88,273—its lowest point since mid-November, according to CryptoSlate data.
Bitcoin's growing popularity as a state reserve asset does not contradict its original mission, though Satoshi Nakamoto unlikely had such an intention.
Samson Mow, a Bitcoin supporter and the chief executive officer at Bitcoin focused-company JAN3, has taken to his account on the X social media network (formerly Twitter) to comment on the Bitcoin crash that has taken place over the past day.
CoW Protocol's native token has soared 46% after South Korean exchange Upbit announced it will be listing the token on its platform on Feb. 25.
Ethereum price is having its worst February performance in history. Despite this dip, the Ethereum (ETH) Cost Basis Distribution shows that instead of completely exiting their positions, investors are accumulating ETH at lower prices.
The price of Bitcoin has fallen to its lowest point since 2025, breaching important support and sending a shockwave through the market. Bitcoin is currently trading at about $88,863, a steep 2.94% decline over the previous day.
Watch Daily: Monday - Friday, 3 PM ET
Economists are warning a “nightmare” scenario for the Fed could be about to hit the price of bitcoin
Japan's MicroStrategy Metaplanet has continued with its Bitcoin acquisition strategy while targeting a 35% BTC yield this year in 2025. Since the beginning of the year, the company's stock price has already appreciated by 68% so far, and further aggressive acquisition of BTC could propel it to 10,000 JPY.
Institutional sell-offs, rising macro risks, and unwinding leveraged trades—here's what's behind the latest Bitcoin price crash.
Leveraged trading surge raises concerns of heightened volatility and potential market turmoil.
The sky is falling in for Bitcoin (BTC), and who knows how bad this crash is going to be. Where could Bitcoin bounce, and is this just the beginning of a slide into the bear market?
TL;DR Bitcoin (BTC) drops below $88K: Crypto Market-wide panic and over $1 billion in liquidations. Altcoins follow suit: Major drops for XRP (-14%), Solana (-14%), ETH, BNB, and DOGE (all 5-13%). Hack and outflows trigger crash: Bybit's $1.4 billion hack shakes confidence, leading to further sell-offs.
The cryptocurrency market's decline over the past day comes amid wider market uncertainty following new U.S. tariff plans.
Bitcoin (CRYPTO: BTC) has tumbled below $88,000, levels not seen since mid-November 2024, as market sentiment reacts to Donald Trump's tariff announcement. Trader Notes: Crypto chart analyst Ali Martinez warns that BTC is breaking below a parallel channel and could slide to $81,000 unless it reclaims $92,500.
Monday's figures, led by Fidelity's FBTC, represent the fifth-largest net daily outflows for the spot Bitcoin ETFs to date.
If passed, Georgia could become one of the first states to officially hold Bitcoin as part of its treasury reserves. The Senate bill 228, introduced in the Georgia General Assembly, aims to modernize the state's investment strategy.
Bitcoin (BTC) price movements reflected a period of consolidation before dropping below $90,000 after BTC failed to break above its all-time high in February. According to the latest edition of the “Bitfinex Alpha” report, macroeconomic uncertainty worsens this scenario.
Will the biggest and best-known crypto assets of today, like Bitcoin (BTC -8.66%), continue to hold up against newer players like Cardano (ADA -13.25%), or will they go the way of the dodo?
Bitcoin plunged below $90,000 on February 25, 2025, dropping to $87,630 as Trump's tariff announcements, a major Bybit hack, and continuous ETF outflows triggered a market-wide crypto sell-off.
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their second-largest outflow of the year on Monday, shedding $516.4 million, according to Farside data. This marked the ninth net outflow in 10 days, reflecting growing uncertainty as BTC struggled between $94,000 and $100,000.
The crypto market has witnessed its bloodiest day of the year so far, with Bitcoin plunging below $90k. Aave (AAVE) and Sui (SUI) crashed double-digits, down 16% and 15% respectively to lead top losers on the day among top 100 coins by market cap. Most altcoins were down double-digits.
Crypto traders suffered over $1.2 billion in liquidations in the past 24 hours as Bitcoin (BTC) tumbled below $89,000, its lowest level since November. The downturn, which intensified during Asian trading hours on Tuesday, saw massive losses across major cryptocurrencies.