BTC price action leaves $109,000 far behind as selling pressure keeps the Bitcoin bears in control of the cryptocurrency market.
It's a blood-red Tuesday across the crypto markets.
Bitcoin's price action has been shaky, but for top crypto trader DonAlt, it is nothing out of the ordinary. He pointed out that the range low test is done, and as long as Bitcoin (BTC) closes above that level, a bounce next week seems likely.
The crypto market faced notable withdrawals on Feb. 24, with bitcoin ETFs experiencing a net outflow of $516 million and ether ETFs shedding $78 million. Major funds, including Fidelity's FBTC and Blackrock's IBIT, led the downturn, reflecting a negative sentiment among investors.
A massive 8,022 BTC worth nearly $738.86 million has recently exited major crypto exchange Coinbase, sparking interest on the crypto market.According to the blockchain data tracker Whale Alert, "8,022 BTC worth $738,863,880 were transferred from Coinbase to unknown new wallet."
Bulls remain weaker than bears today, according to CoinStats.
The interest rate outlook has gotten appreciably softer over the past couple of weeks.
Dog-themed cryptocurrency Shiba Inu (SHIB) is at a decisive juncture, and a breakdown below a key support could lead to a major decline, potentially adding another zero to its price tag.
Matt Hougan, chief investment officer at asset manager Bitwise, says the crypto market's current downturn marks the end of the meme coin boom.
Bitcoin (BTC) has been struggling lately, and it is getting tricky. With little to stop a major drop below $90,000, things could get messy quickly.
A blood-red day for the crypto market! What is the next step for savvy investors? Bitcoin ETFs saw over $500 million in daily net outflows, marking the fifth-largest since January 2024. Fidelity's FBTC led with $247 million leaving, followed by BlackRock's IBIT at $158.6 million and Grayscale's GBTC at $59.5 million.
Bybit's exploit, Trump's implementation of trade tariffs against Mexico and China, ETF outflows, and concerns about rising inflation have all fueled bitcoin's 13% dump since Friday.
TL;DR Arthur Hayes, co-founder of BitMEX, predicts Bitcoin's price could drop to $70,000 due to hedge funds unwinding their positions in Bitcoin exchange-traded funds (ETFs). Hedge funds are pulling out of positions in Bitcoin ETFs such as the BlackRock iShares Bitcoin Trust, increasing selling pressure on Bitcoin.
Amid the ongoing volatility of digital currency prices, Ki Young Ju, the CEO of CryptoQuant, has shared new insights into the market. Young Ju strongly believes that the broader crypto market remains in a bullish cycle despite price drops and "extreme fear.
There are no reversal signals on the cryptocurrency market so far, according to CoinStats.
Owner James Howells strongly rejected the firm's claims amid his ongoing legal attempts to access the site or buy the landfill outright.
Shiba Inu may double in price, but FloppyPepe, an AI-powered meme coin, could see massive gains. #sponsoredcontent
The Bybit hack, one of the largest in crypto history, saw $1.5 billion in Ethereum stolen through what appears to be a sophisticated phishing attack. Unlike traditional exchange breaches that involve compromising backend keys—such as hot, warm, or cold wallet private keys—this incident unfolded in a highly unusual manner.
The Pectra upgrade, a significant enhancement to the Ethereum network, was activated on the Holesky testnet on February 25 at 4:55 pm ET. The post Major Ethereum Upgrade Pectra Goes Live on Holesky Testnet appeared first on Cryptonews.
Bitcoin's recent price action has left many wondering whether the cryptocurrency is ready for a bullish breakout or poised for further decline. Despite a sluggish market, a key indicator of short-term holder profitability, the spent output profit ratio (STH-SOPR), is once again testing the critical 1.0 level.
After the $1.7 billion Ethereum (ETH) heist from the Bybit cryptocurrency exchange, the overall cryptocurrency market experienced a significant price drop. However, it now appears that Bybit is once again accumulating ETH to continue its operations. Bybit Buy Back Ethereum Worth $87.
Peter Schiff has been one of Bitcoin's loudest critics for years. And right now?
Cryptocurrency prices plunged on Tuesday, extending a downtrend that began in November last year. Bitcoin (BTC) fell below the critical support level of $89,220, reaching an intraday low of around $86,000.
The Bitcoin market has fallen hard in the early hours of Tuesday trading, as it looks like we are getting a bit anxious about the lack of adoption/adaptation from the US government.
US spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their second-largest outflows of the year on Monday, February 24, with investors pulling out $516.4 million, according to Farside data. This marked the ninth net outflow in 10 days, highlighting investor unease as Bitcoin continues to remain under the pump.
According to on-chain data, 60% of Shiba Inu holders are currently losing money, which presents a harsh reality. Many investors were caught offguard by the meme coins' recent price decline, especially those who purchased during recent rallies in anticipation of another leg up.
Tokyo-listed investment firm Metaplanet has acquired an additional 135 BTC for $12.9 million, bringing its total bitcoin holdings to 2,235 BTC. The company has outlined ambitious targets of 10,000 BTC by 2025 and 21,000 BTC by 2026 as part of its strategic treasury operations. Japan's Metaplanet Aims for 10,000 BTC by 2025 Metaplanet Inc.
According to the data shared publicly by the Shibburn blockchain tracker, over the past day, an important metric of the second largest meme coin, Shiba Inu, has soared to display a three-digit rise, with millions of SHIB coins disappearing forever.
After hitting record highs last year, bitcoin has lost a bit of its luster. The world's most popular cryptocurrency saw its largest one-day drop in months on Tuesday (Feb. 25) amid a range of factors, including concerns about tariffs in the U.S. and the recent, record-breaking theft of $1.5 billion in ether currency from the Bybit exchange.
Ethereum (ETH) has plummeted 11.4% in the past 24 hours, reflecting a broader market downturn that saw Bitcoin (BTC) drop by 8%, XRP by 13.6%, and Solana (SOL) by 12.9%. Despite the sea of red, several leading voices—including CryptoQuant CEO Ki Young Ju—are calling for a more optimistic perspective on ETH.
CryptoQuant data shows Bybit's ETH inflows surged post-hack as it averaged 1.2K ETH per transaction, owing to large entities supporting liquidity recovery.
Public bitcoin miners are rushing to build AI business lines, but there's still room for their original mandate, says this investment bank analyst.
Bitcoin (BTC) has plunged more than 7% in a single day, falling to $87,000 on February 25, its lowest level since November 2024. The sharp decline has pushed BTC into a critical risk zone, fueling speculation on whether the breakdown is temporary or signals a deeper correction.
Ethereum, the second largest cryptocurrency by market capitalization, could be heading for its worst February, with prices already down 23% this month. Historically, February has been bullish for ETH, with only one red month in 2018.
Bitcoin (BTC) ตกลงต่ำกว่า 90,000 ดอลลาร์ เพราะเศรษฐกิจไม่แน่นอนและความตึงเครียดทางการเมืองระหว่างประเทศ การลดลงนี้เกิดจาก Donald Trump ประกาศเก็บภาษี 25% จากแคนาดาและเม็กซิโก สร้างความกังวลเรื่องเศรษฐกิจและกระตุ้นให้เกิดการขายในตลาดคริปโต Bitcoin ลงไปต่ำสุดที่ 86,300 ดอลลาร์ แสดงให้เห็นความผันผวนที่มากขึ้น ตลาดคริปโตโดยรวมเสียเงินไป 230,000 ล้านดอลลาร์ แสดงว่านักลงทุนกำลังระมัดระวัง นอกจากนี้ เงินทุนจำนวน 508 ล้านดอลลาร์ก็ไหลออกจากกองทุนคริปโต แสดงว่าผู้คนเริ่มมีความสงสัยมากยิ่งขึ้น เหรียญอื่นๆ รวมถึง XRP ก็ยังลดลงต่อเนื่อง ในขณะที่เกิดเหตุการณ์การแฮก Bybit เมื่อเร็วๆ นี้ ยิ่งทำให้ตลาดขาดความเชื่อมั่น ข่าวดีก็ยังไม่ช่วยหนุนราคา Bitcoin แม้ตลาดจะแย่ แต่ก็มีพัฒนาการดีๆ ในวงการคริปโต SEC ของสหรัฐถอนฟ้อง Coinbase แสดงท่าทีที่ดีขึ้นเรื่องกฎหมาย การตัดสินใจนี้น่าจะนำไปสู่กฎเกณฑ์คริปโตที่ชัดเจนขึ้น ในขณะเดียวกัน Michael Saylor ยังคงซื้อ Bitcoin ต่อเนื่อง บริษัท Strategy (อดีต
European Central Bank adviser Jürgen Schaaf has dismissed Bitcoin reserves, citing volatility and lack of economic necessity as Bitcoin falls below $88,000 amid marketwide liquidations.
Pi Network remained stable on Tuesday, defying a broader cryptocurrency sell-off as market risks increased. Pi Network (PI), which launched its mainnet last week, surged to $1.60, up over 158% from its lowest point on Friday.
The Dogecoin network has experienced a significant drop in on-chain activity, including a notable decline in whale buying pressure.
If you're looking to make an investment in cryptocurrency, it's natural to question whether it makes more sense to buy a focused fintech leader like XRP (XRP -9.34%), or a more traditional decentralized finance (DeFi) play like Cardano (ADA -11.47%). Both of these coins have made a lot of money for their investors over the last year, but the real question is: Which is a better place for your investment of $3,000 over the next handful of years, when their value could be even higher than it is today?
Dogecoin's breakout from a symmetrical triangle failed to hold bullish momentum, triggering a price drop.
Ethereum (ETH) price dropped below $2,500, recording an 11% drop over the past 24 hours. ETH must hold $2,600 to prevent further downside.
IBIT investors are hedge funds that outperformed short-term US Treasury yields on a low-risk basis. Rather from being long-term investors, a large portion of the demand for Bitcoin ETFs comes from hedge funds engaging in this arbitrage game.
Bitcoin risks over $1 billion in long liquidations below $85,000, as significant volatility may signal a retest of the $81,000 support.
Metaplanet spent $13 million (or around $96,185) for 135 Bitcoin. With its most recent acquisition, the Japanese company's BTC holdings now reach 2,225.
XRP (XRP) has plunged 16% in the past 24 hours, now trading at $2.07, as the broader crypto market reels from heavy selling pressure triggered by last Friday's Bybit hack.According to CoinCodex, the total crypto market cap has declined by 2.6% to $3.1 trillion, with Bitcoin (BTC) shedding 8.
Speculation is rife about whether XRP price could rally to $1,000 if Elon Musk and President Donald Trump tapped the Ripple network as the blockchain of choice for US national debt repayment. Given Musk's history with the crypto markets after Tesla's Bitcoin adoption and Dogecoin endorsements, crypto investors are wondering if XRP could be next.
In a big move for the Bitcoin DeFi Automation wait, Bitflow, a decentralized Bitcoin exchange, announced today the launch of an Automated Dollar-Cost Averaging (DCA) feature on the Stacks blockchain. This tool will enable users to automate recurring purchases of Bitcoin (BTC) and Runes tokens, facilitating trustless and non-custodial investment strategies.
Fox News contributor and former FBI special agent Nicole Parker weighs in on Kash Patel running the FBI and what to expect from the agency under Donald Trump's presidency.