Cryptocurrency prices slid as the spectre of a global trade war put investors on edge and pushed them out of risky assets.

Bitcoin (BTC) is currently facing significant resistance at the $106,061 mark, and traders are divided on its next move. While some analysts are bearish, predicting a sharp decline into the $90,000 range, others remain optimistic about BTC's potential for a rally towards $120,000.

"This is undoubtedly my highest conviction macro trade for the year," Bitwise executive and analyst Jeff Park wrote on social media.

Bitcoin's price crashed to $97,000 today, down from highs of $109,500, as global financial markets see a widespread decline. Traders are scrambling to cover their positions after US President Donald Trump announced 10% tariffs on China, and 25% each for Mexico and Canada on Feb. 1.

The idea of the United States creating a Bitcoin reserve has been gaining attention recently, but a Federal Reserve official has now made it clear that such a move may face significant legal hurdles. Austan Goolsbee, president of the Federal Reserve Bank of Chicago, has spoken out on the matter, shedding light on the complex legal constraints surrounding the Federal Reserve's ability to hold digital assets like Bitcoin.

People have always doubted Bitcoin, but when a Nobel Prize-winning economist said it will eventually fail, many paid attention. Related Reading: Bitcoin Has No Place In EU Central Bank Reserves, ECB Chief Says Eugene Fama, known as the “father of modern finance,” thinks that Bitcoin will eventually be worth nothing.

A crypto strategist known for making timely Bitcoin (BTC) and altcoin calls believes XRP is in a precarious spot as the coin struggles to stay above a key price level. Pseudonymous analyst DonAlt tells his 640,100 followers on the social media platform X that XRP has lost its immediate support at $2.

Bitcoin price plunged to a 14-day low of $96,821 on Sunday Feb 2, as markets weigh hawkish macroeconomic signals. Amid the market dip, key BTC on-chain indicators are hinting at an early rebound as the month unfolds.

Polymarket, the popular Polygon-based betting platform, has become the focal point for those speculating on MicroStrategy's next Bitcoin acquisition milestone. Bettors are placing substantial wagers on whether the company will reach the 500,000 BTC mark before March 2025.

Bitcoin (BTC) traders are projecting a higher price target for the largest crypto as whale accumulation spikes. The surge in BTC price to an all-time high above $107K and on-chain factors led to most analysts gauging a bull peak around $150K.

Bitcoin is now retesting the psychological $100,000 price level again after a 2.22% decline in the past 24 hours. Notably, Bitcoin recently rebounded around an order block at $99,200 in the past 24 hours as it continues to trade with intense volatility.

BlackRock spot Bitcoin (BTC) ETF saw massive inflows following the broader market rebound. Bitcoin ETFs have continued to dominate institutional demand for crypto assets since the U.S. Securities and Exchange Commission (SEC) approved the funds.

The crypto market just took a massive hit! Bitcoin broke below $100K, Ethereum tumbled under $3K, and XRP got crushed by more than 15%.

An Arctic blast descended upon the United States, bringing unprecedentedly low temperatures, particularly in Texas, which is a key hub for Bitcoin mining. The cold snap, which caused temperatures to plummet as low as 0°C in parts of the state, had a significant impact on the Bitcoin mining industry.

Bitcoin price lost the $100,000 level, and altcoins continued to sink lower. Will OM, XMR, MNT and GT lead the recovery?

The price of Bitcoin nosedived after President Donald Trump's administration signed an executive order imposing new steep tariffs on all imported goods from China, Mexico, and Canada. The top coin by market cap is now down 4.4% on the day and roughly 6.8% over the last week at a current price of $97,754.

According to CoinMarketCap, Bitcoin's price fell by an estimated 7.3% over the last seven days — faring better than most altcoins.

Crypto prices are crashing as President Trump suggests "pain" ahead for Americans in his brewing trade war, with Bitcoin under $97,000.

Vitalik Buterin dismissed calls to allocate 10% of portfolios to Bitcoin and reaffirmed his commitment to Ethereum over diversification.

According to reports, more parents in the US are abandoning traditional 529 college savings plans in favor of Bitcoin.

Never mind that Bitcoin is extremely volatile. Some parents are seeing beyond that and opting to invest in cryptocurrency instead of traditional 529 college savings plans, hoping for higher returns despite the risks.

The following is a guest post from Christina Comben. If you've been following the crypto space for any length of time, you may be familiar with the name Ledn, pretty much the only centralized Bitcoin lending platform that didn't crash and burn in the aftermath of Terra/LUNA, FTX, et al in 2022.

The Bitcoin price has shown some level of resilience above $100,000 in the past few weeks, weathering the storm of uncertainty that came with Donald Trump's inauguration and the launch of the Chinese AI platform DeepSeek. However, a prominent analyst on the social media platform X has come forward with a worrying prediction for the premier cryptocurrency.

The latest on-chain data shows that the Bitcoin network activity has been waning over the past few months, with the blockchain metric reaching a new low recently.

The crypto market has responded to President Trump's plan to implement 25% tariffs on imported goods from Canada and Mexico, with 10% tariffs on Canadian energy and Chinese goods, with a broad sell-off that has hit memecoins particularly hard.

According to Hougan, if the January flow is annualized, Bitcoin ETFs would record around $59 billion in inflows, far above the $35.2 billion inflows in 2024.

On Sunday, Feb. 2, 2025, the price of bitcoin fell below the $100,000 mark, reaching an intraday low of $98,141. Selling Pressure Sends Bitcoin Below $100K It is not an ideal day for the world's leading crypto asset, which has declined about 3% against the U.S. dollar over the past day.

New Defense Secretary Pete Hegseth brings cryptocurrency holdings to the Pentagon's top post, with financial disclosures showing he owns between $5,000 and $15,000 in Bitcoin amid his broader support for digital assets. “Look at [Donald] Trump, making bitcoin great again,” Hegseth said during a Fox News segment in November after Bitcoin initially surged past $80,000.

"I LOVE $TRUMP," the United States President posted about his Solana meme coin. It only fell harder, amid criticism over the promotion.

January has proven to be a captivating period for many crypto assets, with bitcoin (BTC) managing a 2.3% rise against the U.S. dollar since the onset of 2025. However, several other digital currencies recorded quadruple and triple-digit gains, while numerous coins experienced losses ranging from 55% to nearly 80% over the past month.

Michael Saylor, the head of MicroStrategy and a vocal Bitcoin (BTC) advocate, recently shared a bold thought on X, offering his take on a legal debate that has been getting a lot of attention. The debate is all about a case called C.S.

On February 2, the first cryptocurrency fell below $100,000 after President of the United States Donald Trump imposed import tariffs on goods from China, Canada, and Mexico.

Noted investor and author Robert Kiyosaki has forecast a potential Bitcoin (CRYPTO: BTC) crash, which he sees as a chance to amass more wealth. What Happened: Kiyosaki, known for his best-seller “Rich Dad Poor Dad,” warned of a possible Bitcoin crash.

Bitcoin (BTC) started the week with a promising rally, briefly reaching over $106,000 before a sharp downturn saw its value plummet by more than $4,000. After showing some positive momentum on Friday, the largest cryptocurrency eventually slipped below the $102K mark.

NBA legend Scottie Pippen has been pumping out bizarre Bitcoin and crypto-related AI artworks in recent months—and things are only ramping up.

The US-based spot Bitcoin ETFs (exchange-traded funds) started the week on a negative note, ending its seven-day $4.7 billion inflow streak. The crypto investment products saw nearly $460 million withdrawn in value on Monday, January 27.

Bitcoin's price action has always been influenced by several key factors, and one of the most reliable indicators for potential rallies has been the liquidity provided by stablecoins. Historically, an increase in stablecoin liquidity often coincides with significant price gains in the cryptocurrency market, and according to a recent report by CryptoQuant, Bitcoin's next rally could be on the horizon due to expanding liquidity from Tether (USDT) and USD Coin (USDC).

Bitcoin is once again dropping lower after failing to breach the $108K resistance level. Investors are worried that this could be the start of a much deeper correction as the asset is currently beneath the coveted $100,000 mark.

Cynthia Lummis advocates Plan To Pass Bitcoin Reserve Bill. Senator highlights that Bitcoin is a store value, not a speculative investment.

The price of Bitcoin (BTC) continues to be weighed down by market uncertainty stemming from the United States' decision to implement tariffs on Canada, Mexico, and China.

This weekend, proponents of bitcoin and digital asset enthusiasts have fixated on a striking development: the blockchain's mempool—a holding zone for pending transactions—has nearly evaporated, while daily transfer volumes have plunged to notable lows.

Bitcoin has dropped below the $100,000 threshold as the broader crypto market experiences heightened volatility.

Today's edition of the weekly recap spotlights Bitcoin's retreat and the meme coin market's downturn. Plus, KuCoin enters a guilty plea for operating an unlicensed money-transmitting business and agrees to pay a hefty penalty.

Financial markets sometimes hold paradoxes. While Bitcoin is experiencing a new surge, surpassing the symbolic threshold of 100,000 dollars, one surprising element stands out: the absence of individual investors.

Bitcoin's (BTC) price has been on a rollercoaster in the past week, showing a 2.37% dip. Yet, experts remain highly optimistic about the cryptocurrency's future.

As the crypto bull run continues to stall, the Bitcoin (BTC) market remains in consolidation moving mostly between $101,000 – $106, 000 over the past two weeks. Interestingly, a market analyst with X username cryptododo7 has shared a potential pathway for BTC to reestablish its bullish momentum.

Crypto analyst Axel Adler Jr. has provided some insights on the current status of the Bitcoin (BTC) market based on the adjusted Net Unrealized Profit/Loss (aNUPL) indicator. Despite recent consolidation, Adler states the BTC market remains bullish with a trend reversal far from happening.