Major U-Turn in Crypto Markets Sends Bitcoin Back Below $87K

Bitcoin Magazine Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement Standard Chartered Head of Digital Asset Research says “we have moved from selling rallies to buying dips.” This post Standard Chartered Bank Re-focuses On $500,000 Bitcoin Target After Trump Crypto Reserve Announcement first appeared on Bitcoin Magazine and is written by Nik.

Strategy's Executive Chairman Michael Saylor told CNBC that Bitcoin's market capitalization is on track to reach $20 trillion—and eventually $200 trillion. Saylor argued that the U.S.

Bitcoin (BTC) tumbled from $93,000 to under $90,000 before plunging to an intraday nadir of $86,531 on Apr. 2, aligning with former President Trump's declaration of new tariffs on imported agricultural goods.

After spiking Sunday on President Trump's crypto reserve posts, Bitcoin and other coins are falling fast amid broader market turmoil.

Bitcoin's volatile price movements continue to capture the attention of crypto traders and investors. After experiencing a 10% surge to a high of $93,604 just yesterday, Bitcoin has retraced today, losing 5% and dropping to a low of $89,100.

Many altcoins are down by double digits on a daily scale, including yesterday's top gainers - XRP, ADA, and SOL.

Strategy, the company led by Bitcoin advocate Michael Saylor has announced the initial quarterly cash dividend for its 8.00% Series A Perpetual Preferred Stock (STRK).

Blockchain tracking firm Lookonchain says one crypto trader generated astronomical returns by betting big on Bitcoin (BTC) and Ethereum (ETH) as President Trump announced a potential US crypto reserve.

Favorable macroeconomic conditions and the potential of a US strategic crypto reserve launch could help Bitcoin flip $90,000 to support.

Bitcoin proponent Paul Sztorc sparked discussion by attributing Bitcoin's initial exclusion from President Donald Trump's proposed crypto reserve to the Lightning Network's technical failures, citing a trove of critical assessments from industry experts.

Kaitlyn Siragusa, a popular online streamer known as Amouranth, said she was targeted by armed crypto thieves that broke into her Texas home.

Crypto analyst CrediBULL Crypto has revealed that Bitcoin's open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto.

After a period of heightened volatility, Bitcoin, the flagship crypto asset, appears to have found its footing, undergoing a surge back to the $94,000 price mark. BTC's renewed upward movement has allowed it to close key price gaps, reflecting a bullish outlook for the asset.

Bitcoin Magazine Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture An examination of the incentives created by structuring a Bitcoin reserve to hold seized coins with civil asset forfeiture existing. This post Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture first appeared on Bitcoin Magazine and is written by L0La L33Tz.

Bitcoin suffered $2.59B in outflows as total crypto ETP withdrawals hit a record $2.9B in one week. CoinShares attributes the sell-off to macroeconomic uncertainty, a major exchange hack, and profit-taking following a prolonged inflow streak. The post Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares appeared first on Cryptonews.

Many cryptocurrencies skyrocketed over the weekend. Industry giant Bitcoin (BTC -2.95%) gained 13% from Friday's market close to 9:15 a.m.

The large gap raises questions about BTC's next move and potential price retracements.

The head of the Central Bank of Switzerland is reportedly skeptical about holding Bitcoin (BTC) as a reserve asset. According to a new report from SwissInfo, Swiss National Bank (SNB) President Martin Schlegel is against using BTC as a reserve asset, namely because of volatility, liquidity and security.

Robert Kiyosaki, the well-known author of Rich Dad Poor Dad, has ignited a heated discussion regarding Bitcoin, gold, and silver. In a recent social media post, Kiyosaki invited his millions of followers to dive into the debate about these three key safe-haven assets, revealing his strong views on their value and the future of personal finance.

Bitcoin has climbed back above $92,000 after dropping to $80,000 in February, with the rally coinciding with Trump's crypto strategic reserve announcement and potential SEC easing of Coinbase legal action.

China's potential Bitcoin reserve could challenge US financial dominance, accelerate de-dollarization, and impact global crypto dynamics. The post China rumored to actively work on strategic Bitcoin reserve appeared first on Crypto Briefing.

Renowned Bitcoin (CRYPTO: BTC) skeptic Peter Schiff has weighed in on Donald Trump's announcement regarding a potential crypto strategic reserve, voicing concerns over government involvement in the market. What Happened: Schiff retweeted an X post from Feb. 26, where he stated that the “only thing that can delay a Bitcoin meltdown is Trump.

The first of its kind group will allow pro-industry lawmakers to vote as a bloc on key legislation.

Investor withdrawals hit $3.8B over three weeks amid Bybit hack, Fed uncertainty, and profit-taking from 19-week inflow streak.

Argo Blockchain, a leading crypto miner witnesses a sharp surge in demand with a new funding loan of $40M. Will this loan reshape the growth trajectory of Argo blockchain with new mergers and acquisitions?

Bitcoin bounces back from multi-month lows. Some altcoins rally on US crypto reserve development.

At one point the trader was just $50 away from being liquidated.

Bitcoin and crypto are back liquidating late longs as the Wall Street open brings a fresh round of sell-side pressure with markets keen for Trump reserve cues.

Metaplanet purchased 156 BTC for $13.4M at an average price of $85,890 per BTC. The firm now holds 2,391 BTC, worth $196.3M, with a BTC yield of 31.8% in 2025.

Bitcoin's rally was triggered by President Donald Trump's plan for a “US Crypto Reserve,” which would include BTC, ETH, SOL, XRP and other assets.

Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) prices started the week well after Donald Trump unveiled his plans for a crypto strategic reserve ahead of the upcoming summit on Friday. BTC price rose 2.85%, hitting $93,000, while ETH and XRP prices soared 2% and 5%, tagging $2,365 and $2.65, respectively.

Bitcoin's price action proves once again that the crypto market is anything but predictable. Yesterday, it jumped 10% to a high of $93,604.

Fireblocks users can now earn yield on their BTC holdings via BOB's network

The Trump pump may prove to be short-lived, as Bitcoin, Ethereum, and other major assets are cooling off following Sunday's surge.

An announcement by Donald Trump has reignited the market: the Crypto Strategic Reserve, a move that has restored confidence and bull in the markets.

Business intelligence firm Strategy did not purchase any Bitcoin between Feb. 24 and March 2.

Canaan mined 82 Bitcoin in February, boosting holdings to 1,355 BTC, while surpassing Q4 revenue guidance with $89M, driven by operational upgrades and strategic expansions in its global mining footprint. The post Canaan Mines 82 Bitcoin in February, Surpasses Q4 Revenue Guidance with $89M appeared first on Cryptonews.

Bitcoin broke above $90,000 over the weekend, opening another gap in the CME futures market.

Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.

After recking stocks, and crypto, with yet another intervention at the top of the range, president Donald Trump has now delivered the boost at the bottom.

Bitcoin skyrockets 10%, Cardano's ADA up to 60% and Ripple's XRP up to 25% within 24 hours of U.S. President Trump announcing his support for a Crypto Strategic Reserve. Meanwhile, Switzerland's central bank rejects the idea of holding bitcoin reserves and the Ethereum Foundation names two new executive directors.

The co-founder and head of research at Fundstrat Global Advisors is revealing his downside price target for Bitcoin (BTC) for the end of the month.

President Trump's social media post on a crypto reserve sent markets soaring, but raised questions.

Fundstrat co-founder Tom Lee says Bitcoin price could surpass $150K before the end of the year despite a shoddy end to February. The investor pins his projection on rising institutional adoptions and previous dizzying rallies that characterize Bitcoin's price actions.

The matter of the promised U.S. strategic cryptocurrency reserve has been a much-discussed topic and, after something of a hiatus, is once again becoming consequential in early March.

TL;DR Donald Trump announced the creation of a Strategic Crypto Reserve, which will include Bitcoin, Ethereum, XRP, Solana, and Cardano. The decision has been heavily criticized by Bitcoin maximalists, who argue that the selection of altcoins goes against the principle of decentralization.

Michael Saylor remains steadfast in his bitcoin strategy, with Strategy holding nearly 500,000 BTC worth $33.1 billion, while he pushes for crypto policy advancements in Washington.