February 28, 2025 05:46:55 UTC What Happened To Crypto Today? Bitcoin (BTC) fell below its 200-day simple moving average (SMA) on Friday, marking a 16% weekly loss and briefly dipping below $80,000 for the first time since November 10. The decline was fueled by renewed concerns over U.S. tariffs, which boosted demand for the U.S.

MetaMask is set to launch a key update that will bring smart contract capabilities and provide native support for Bitcoin and Solana networks. The announcement, made on Feb.

Bitcoin (BTC) is currently trading below key demand levels after losing the $90K mark earlier this week. The price has tagged fresh lows, and bulls have lost control as the market faces intense selling pressure.

Standard Chartered predicts Bitcoin could reach $200,000 this year and $500,000 by the end of Trump's second term.

Bloodshed in the crypto market doesn't seem to be stopping as nearly $700 billion has been wiped out. In the past eight days, Bitcoin has fallen from $99,000 to $79,000, losing all the gains it made from the hype around President Trump's pro-crypto policies.

Analysts are predicting how deep the bitcoin price correction could go and if it will escalate into a full blown market crash

The cryptocurrency market tumbled on February 28 as Bitcoin (BTC) briefly dipped to $79K, triggering a wave of liquidations. Ethereum (ETH) followed suit, falling below the $2,200 mark, while major altcoins, including XRP and Solana (SOL), shed nearly 8% in value.

The Bitcoin price has experienced such severe downward pressure and volatility that many are starting to believe that the bear market may have begun. While some analysts hope for a price reversal to the upside, others predict a further crash to $70,000, eradicating almost all gains achieved after the US election rally.

Bitcoin was trading at $81,704 in early trading in Asia, down 2.7% on the day and nearly 25% lower than an all-time high hit in mid December.

Traders on social media seem keen to buy the dip, but onchain analytics platform Santiment says this doesn't necessarily mean it's time to buy yet.

Crypto prices today (February 28) continue to face severe heat, as indicated by Bitcoin (BTC) price briefly touching a $79K low in the past 24 hours. Simultaneously, Ethereum (ETH) price tanked below the $2,200 level during early Asian hours on Wednesday.

Bitcoin (BTC) has experienced significant downward pressure recently, with its price falling 11% in just one week. The cryptocurrency has dropped below the critical $90,000 level for the first time since November 2024, currently trading around $85,985.

Robert Kiyosaki warns the U.S. economy is collapsing, inflation will soar, and the dollar will crash—urging investors to escape with bitcoin, gold, and silver now.

Bitcoin dropped to its lowest level , dragged by uncertainty about U.S. President Donald Trump's tariff plans and crypto policy and flagging investor confidence after a $1.5 billion hack in rival crypto currency ether.

Bitcoin has fallen below $80,000 for the first time in over three months as macroeconomic uncertainty mounts over Donald Trump's proposed tariffs.

The decline in Bitcoin reflects broader market risk aversion, potentially signaling a shift in investor sentiment towards safer assets. The post Bitcoin sinks under $80,000, faces potential drop to pre-election levels as correction continues appeared first on Crypto Briefing.

Bitcoin is on the retreat as investors look elsewhere to park their funds amid concerns over higher inflation under a Trump presidency.

Bitcoin price started a fresh decline below the $85,000 support. BTC must stay above the $80,000 zone to avoid more losses in the near term.

Bitcoin analyst Charles Edwards says a Bitcoin-cycle bottom could be close as negative sentiment continues to build.

XRP edges higher amid SEC uncertainty. Could a dropped appeal or an XRP-spot ETF approval drive prices beyond $5?

The Head of Research at CryptoQuant has revealed why it may be too early to call a bottom for Bitcoin, based on the trend in on-chain data. Bitcoin MVRV Z-Score Has Plunged Under Its 365-Day MA In a new post on X, CryptoQuant Head of Research Julio Moreno has talked about why Bitcoin may not have reached a bottom yet.

Bitcoin (BTC) saw a sharp plunge on Feb. 27, 2025, at 8:35 p.m. Eastern Time, dropping from around $84,000 to the $81,084 range in a matter of minutes on Bitstamp. The sudden move startled traders and triggered a wave of stop-loss orders, intensifying the rapid sell-off.

As twilight falls on Thursday, Feb. 27, 2025, bitcoin danced just above $84,000, its movements a meandering ballet ahead of Friday's opening sessions. Traders braced for a weekend tango between $82,000 and $89,000 per BTC, set against a backdrop of macroeconomic suspense with the current Trump administration.

MetaMask head of security, Taylor Monahan, said Lazarus has moved at least 209,384 ETH, over half the ETH stolen from Bybit, into BTC.

A closely followed economist thinks that Bitcoin (BTC) may be repeating a similar pattern from last year and still has room to run to the upside.

Will BTC reclaim $90K or slip below $80K? Analysts weigh in.

The Texas Senate Banking Committee unanimously approved a bill on Feb. 27 to create a state-managed Bitcoin (BTC) and crypto reserve, sending the proposal to the full Senate for consideration. Senate Bill 21 (SB-21), introduced by State Sen.

MARA reported a record-high revenue of $214.4 million in Q4 of 2024, a 37% increase from the same period in 2023. MARA's Block Wins Rise 25% Bitcoin miner and publicly listed firm MARA (Nasdaq: MARA) said it registered a record-high revenue of $214.4 million in the fourth quarter of 2024, up 37% from $156.

Bitcoin (BTC) has recently faced a significant decline, falling by over 10% in the past week, its largest drop in the last month. This sharp downturn has been largely driven by panic selling, but historical data suggests that a potential rebound could be on the horizon if buying activity picks up.

Bitcoin drops to $86K as Trump announces a 25% tariff on the EU, triggering panic selling while analysts predict further upside.

After an extended bullish period for Bitcoin, the flagship asset has moved into bearish territory, witnessing a $10,000 value drop in just 2 days. BTC's price descent has triggered fears of heightened selling pressure in the short term as a significant portion of the asset has been moved into crypto exchanges.

Beijing isn't going to allow crypto exchanges to directly operate BTC in China, but there might be a way that Hong Kong crypto ETFs can be traded in the mainland.

Texas policymakers have roughly $24 billion in sovereign wealth as the State's Senate weighed passing Bitcoin reserve legislation.

Bitcoin (CRYPTO: BTC) exchange-traded funds (ETFs) offering staking capabilities could significantly boost institutional engagement by putting idle assets to work, according to Charlie Hu, co-founder of Bitlayer, a Bitcoin Layer 2 solution provider. In an interview with Benzinga on the sidelines of Eth Denver on Thursday, Hu highlighted the potential regulatory approval of staking ETFs as a pivotal development, emphasizing their role in activating Bitcoin held in custody for yield generation.

The funds based on Bitcoin's spot price have been shedding assets as markets shy away from crypto and other risk-on investments.

The chief executive of market intelligence firm CryptoQuant says the next few weeks are crucial for Bitcoin (BTC), revealing what his worst-case scenario for the crypto king would look like.

Custodia Bank fought to service crypto firms under the previous administration but faced resistance from US regulators.

Bitcoin (BTC) faced intense pressure last week, with its price falling below $90,000 for the first time since November 2024. It has lost 11% in seven days and is now trading below the important $85,800 level at the time of writing,

Cryptocurrency markets are struggling on Thursday as the market-wide downturn continues. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $83,057.97 -0.2% Ethereum (CRYPTO: ETH) $2,268.27 -1.2% Solana (CRYPTO: SOL) $134.86 +2.7% XRP (CRYPTO: XRP) $2.15 -1.3% Dogecoin (CRYPTO: DOGE) $0.2030 +2.3% Shiba Inu (CRYPTO: SHIB) $0.00001430 +2.3% Notable Statistics: IntoTheBlock data shows large transaction volume decreasing by 6.6% and daily active addresses falling by 0.7%.

Former Goldman Sachs analyst Murad Mahmudov has predicted that the price of Bitcoin will surpass the $200,000 level.

Bitcoin's (BTC) selling pressure is potentially subsiding as traders register 12% in unrealized loss margins, according to CryptoQuant's head of research, Julio Moreno. Moreno added that this could potentially result in BTC getting stuck in a lateralization pattern for up to four months.

Texas' Bitcoin Reserve proposal was unanimously passed by the Business and Commerce Committee and will proceed to a Senate vote.

Kendrick anticipates Bitcoin reaching $200,000 by late 2025, emphasizing that institutional participation from major financial entities like Standard Chartered and BlackRock will be pivotal in that trajectory.

Bitcoin's breakdown is most likely a fourth wave, targeting $67500-77350, ideally, from which the next rally to $148500-185640 can start.

Despite recent setbacks and a significant selloff that brought Bitcoin to a three-month low, Standard Chartered maintains a strong bullish position on BTC market predictions. Geoffrey Kendrick, the head of digital assets research at the bank, forecasts that Bitcoin will climb to $500,000 before the conclusion of Donald Trump's presidency.

Crypto had plenty of reasons on its own to head lower, but now a general macro risk-off sentiment can be added to the mix.

Japan's Metaplanet raises $13.6 million via zero-interest bonds to fuel its Bitcoin investment drive, targeting a portfolio of 10,000 BTC by year-end 2025.This strategic decision underscores Metaplanet's commitment to diversifying its investment portfolio and capitalizing on the opportunities presented by the burgeoning cryptocurrency market. By issuing zero-interest bonds, the company is able to raise funds without incurring interest expenses, thereby maximizing its returns on investment. The post Japan's Metaplanet Issues $13.6 Million in Bonds to Acquire Additional Bitcoin appeared first on Cryptonews.