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.
Monday's figures, led by Fidelity's FBTC, represent the fifth-largest net daily outflows for the spot Bitcoin ETFs to date.
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.
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.
Bitcoin (BTC) fell below $89,000 during early European trading on Tuesday, reaching $88,500, its lowest level since mid-November, according to CoinDesk data. The decline follows continued losses in tech stocks and renewed strength in the Japanese yen, sparking concerns of market-wide risk aversion.
Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.
Japan-based Metaplanet and El Salvador both increased their Bitcoin holdings just before a market downturn on February 25, with Bitcoin dropping below $91,000 before recovering slightly to $92,260 amid broader crypto market turbulence.
Bitcoin price has broken below the $90K mark for the first time in six weeks. Could this be the beginning of an extended bear run?
The Japanese firm nonchalantly added another $13 million worth of Bitcoin to its holdings, hours before Bitcoin's price declined.
Nasdaq slides as AI concerns, Bitcoin losses, and lower Treasury yields drive risk-off sentiment. Market outlook remains bearish across asset classes.
Arthur Hayes warned about a potential decline to $70,000 for Bitcoin as large-scale ETF outflows could accelerate the downtrend.
Strategy (formerly MicroStrategy) has purchased 20,356 more Bitcoin for $1.99 billion, bringing its total holdings to 499,096 BTC worth $33.1 billion and representing 2.3% of Bitcoin's total supply as part of its ambitious plan to acquire $42 billion in Bitcoin over the next three years.
ARK Invest's Cathie Wood reportedly says that Bitcoin's (BTC) market structure remains strong and the flagship crypto asset may soon have a massive breakout.
Are lawmakers too cautious, or is Bitcoin's instability genuinely too risky for state-backed investments?
In the aftermath of the Bybit hack, the crypto market sell-off is deepening, with combined crypto liquidations reaching $1.34 billion in the past 24 hours. While Bitcoin (BTC), Ethereum (ETH) and XRP are leading this sell-off, almost all altcoins in the top 100 are experiencing massive price drawdowns.
U.S. President Donald Trump has re-instigated the ‘Tariff war' by imposing 25% tariffs on Canada and Mexico. With this, the stock markets and crypto markets have been hit hard as the global market capitalization of cryptos has dropped below $3 trillion.
The total crypto market cap is below $3 trillion now.
Florida's Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state's balance sheet—while also potentially reshaping the Republican Party's stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn national attention thanks to a high-profile advocate in the Florida Senate.
The disappointments from several US states rejecting strategic Bitcoin reserves sent shockwaves to the entire crypto market, with the US spot BTC ETFs bleeding profusely.
The South Dakota legislature delayed a vote on a bill on Monday that could have allowed the state to adopt Bitcoin (CRYPTO: BTC) as a strategic reserve asset. What happened: The majority of lawmakers at a meeting of the state's House Commerce and Energy Committee voted to defer the bill to the 41st day of South Dakota's legislative session.
U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock's funds as market sentiment turned sour.
According to the investment firm, Bitcoin's adoption is accelerating. Institutional investors, corporations, and even governments are getting in on the action.
Bitcoin's price has fallen below $91,000, testing critical support levels due to Trump's new tariff announcements, waning institutional demand, and broader market correlation.
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.
Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
Matrixport sees growing risk of deeper decline as Bitcoin slips below key pattern amid low trading activity. Bitcoin (BTC) broke out of an ascending broadening wedge, a typically bearish pattern, with a 6.
Analysts offer mixed views on BTC next direction as bearish pressure persists.
Bitcoin evangelist Michael Saylor, co-founder and the executive chairman of Strategy in charge of its BTC course, has addressed the global community to comment on the current 7.11% Bitcoin collapse.
On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week's hack of $1.5 billion worth of ether from cryptoexchange Bybit.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday.
Bitcoin failed to maintain its price in Tuesday's early hours, falling to nearly $88,600 and losing its $90,000 key support zone as investors ran to more stable assets in the wake of a new trade war.
After a failed attempt to revisit $100K on February 21, Bitcoin (BTC) reversed. As a result, BTC price crashed 11.36% to $88K.
Metaplanet's Bitcoin Investment reaches 2,235 BTC after acquiring 135 BTC for $12.9 million at an average price of $96,000 per coin.
Bitcoin has dropped 8% in February and is on track for its first negative monthly return since February 2020.
An analyst known for correctly timing the 2021 crypto crash is warning that Bitcoin (BTC) is getting close to witnessing a waterfall event. Pseudonymous analyst Dave the Wave tells his 148,300 followers on the social media platform X that Bitcoin is currently testing whether support at around $90,000 will hold.
Bitcoin's price has recently experienced a notable decline, crashing below $90,000 after slipping through critical support levels. The drop came as BTC struggled to maintain momentum, straying farther from the $100,000 mark.
There is blood all over Satoshi Street, with little hope of recovery in the coming days the market is sinking to its lowest levels with Bitcoin trading at a critical level of $89K. With the constant pull in Bitcoin prices after January's $108K show, major investors pull their money out of U.S. spot Bitcoin ETFs.
BTC hits three-month as Nasdaq futures point to continued risk aversion in stocks and the anti-risk Japanese yen strengthens against the U.S. dollar.
As Bitcoin (BTC) is expected to have a significant breakthrough, analysts forecast a clear price surge to $150,000 in the following few weeks. Institutional interest rises, and macroeconomic events seem positive; BTC remains steady at $97,000.
HK Asia Holdings Limited, a Hong Kong-based investment firm, has made another significant move in the cryptocurrency space, purchasing an additional 7.88 BTC worth $761,705. This decision follows an extraordinary 1,700% surge in the company's stock price, highlighting its growing focus on digital asset investments and bolstering its position in the expanding crypto market.
Many altcoins have registered massive price losses over the past day.
Metaplanet and El Salvador increased their Bitcoin holdings ahead of a significant market downturn on February 25, when Bitcoin prices dropped by 5%. The post Metaplanet and El Salvador Acquire More Bitcoin Amid Market Slump appeared first on Cryptonews.