Bitcoin still has a lot of room to run, Bernstein analysts have said.
The cryptocurrency market plunged on Tuesday, with Bitcoin (CRYPTO: BTC) slipping below $88,000 and the global market cap retreating below the $3 trillion mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,679.28 -6.9% Ethereum (CRYPTO: ETH) $2,463.78 -7.2% Solana (CRYPTO: SOL) $143.94 -4.9% XRP (CRYPTO: XRP) $2.25 -6.7% Dogecoin (CRYPTO: DOGE) $0.2079 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00001396 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52% and daily active addresses growing by 38.5%.
Funds which track the share price of Michael Saylor's Strategy have been sliding since last week as risk-off sentiment drags down crypto.
South Dakota rejected the Bitcoin reserve bill, deferring HB 1202. Volatility and lack of real-time use for Bitcoin are the major reasons behind the rejection.
Bitcoin whales move 26,430 BTC to known accumulation addresses as nearly $2 billion is liquidated from the total crypto market.
Stock analysts remain bullish on the stock's outlook, citing Strategy's ability to generate "Bitcoin yield".
Bitcoin is at a critical juncture in its market cycle, with key technical indicators pointing toward potential price corrections. The recent surge in Bitcoin's price has fueled optimism, but as the market pushes towards new highs, analysts are watching for signs of a mid-bull reset that could result in a price pullback.
Bitcoin traded at $86,473 at 2:25 p.m. ET on February 25, 2025, with a market capitalization of $1.72 trillion, a 24-hour trade volume of $98 billion, and an intraday price range between $85,953 and $94,587. Bitcoin BTC's hourly chart reflects significant downward momentum, with bitcoin recently hitting a high of approximately $96,492 before reversing sharply.
Bitcoin, the wavering king, falls below $90,000, wept over by runaway ETFs, drowned in a billion liquidated, against a backdrop of farcical Sino-American disputes.
Bitcoin Depot has strengthened its Bitcoin reserves with an 11.1 BTC acquisition, continuing its treasury strategy that began in June 2024 as the company views Bitcoin as a hedge against financial instability.
Bitcoin (BTC) trades at $86,930 on Tuesday. BTC price dropped below the $90,000 support level for the first time in over three months, generating a negative sentiment among traders.
Bitcoin price has experienced a sharp decline, causing concern among investors. The BTC price has dropped to $86,586, down 8.71% in the last 24 hours.
Montana lawmakers shot down a bill that would have enabled the state government to invest in Bitcoin (BTC) as a reserve asset. Forty Republicans and one Democrat in Montana's House of Representatives voted for the bill, but 41 Democrats and 18 Republicans rejected it.
Lawmakers from a second US state this week have rejected a bill proposing using Bitcoin (BTC) as an officially held state asset. South Dakota lawmakers voted on Tuesday to defer South Dakota HB1202, essentially putting down the proposal. The bill was deferred to the 41st legislation day of the 40-day session.
As the price of Bitcoin hovers at a three-month low, an investment bank analyst and noted entrepreneur warned that more pain lurks ahead.
A key Bitcoin price indicator is screaming “generational buy opportunity,” while several analysts encourage traders to zoom out and see the bigger picture.
The cryptocurrency market is facing significant downturns, with Bitcoin trading at critical levels around $89,000, a far cry from its $108,000 peak in January. The recent sell-off has triggered a wave of outflows from U.S. spot Bitcoin ETFs, marking the fifth consecutive day of withdrawals.
Eric Trump advised followers to "buy the dip" as Bitcoin slid below $90K, igniting debate over whether the downturn is tied to broader economic pressures, including tariffs and trade policies shaping market sentiment. The post Eric Trump Tells Followers to Buy the Dip Amid Bitcoin Drop appeared first on Cryptonews.
Digital assets markets are plummeting following Bitcoin's (BTC) loss of the $90,000 level and subsequent collapse to $86,141, triggering severe corrections in most altcoins as well. According to crypto data aggregator CoinGlass, there have been over $1.58 billion in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin.
Bitcoin (BTC) kicked off the week on a bearish note, extending Monday's sharp decline into Tuesday.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
BTC's price is down to a multi-month low.
Michael Saylor's Strategy secured an impressive $2 billion through a fundraising initiative aimed at accelerating the company's Bitcoin acquisition plans. This fundraising is part of a broader strategy to accumulate Bitcoin aggressively, with the ambitious goal of surpassing the 500,000 BTC milestone.
Bitcoin Magazine Voltage Aims To Bring Bitcoin's Lightning Network To Every Business In The World Voltage founder and CEO Graham Krizek continues to make Lightning more usable for companies. This post Voltage Aims To Bring Bitcoin's Lightning Network To Every Business In The World first appeared on Bitcoin Magazine and is written by Frank Corva.
The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.
The firm known as “Asia's MicroStrategy” continues to accumulate Bitcoin despite the massive market slump.
Bitcoin Magazine The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium This post The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium first appeared on Bitcoin Magazine and is written by Lana Miles.
As bitcoin dipped on Monday and into Tuesday, Peter Schiff—a vocal economic pundit and longtime BTC skeptic—leveraged the digital asset's decline to lob a critique at Strategy's Michael Saylor and the cryptocurrency's volatility.
Strive Asset Management CEO Matt Cole urged GameStop to adopt Bitcoin as a reserve asset, arguing that the move could redefine the company's financial strategy. In a letter sent to GameStop Chairman and CEO Ryan Cohen on Feb.
With the rise of cryptocurrencies, one question often arises: can one live solely on bitcoin? This is the challenge that Martin, a crypto-enthusiast adventurer, took on as he traversed Switzerland, paying exclusively in BTC.
Bernstein analysts on Tuesday suggested that Bitcoin‘s (CRYPTO: BTC) correction presents an attractive entry point for long-term investors, particularly if prices dip below $80,000. What Happened: The report coincides with a public endorsement from Eric Trump, who tweeted “Buy the dips!
Bitcoin price dropped to $86,050, but investors' economic worries could also be reasons to generate longer-term demand for BTC.
The cryptocurrency market is experiencing a dramatic reversal of fortune as Bitcoin has plunged below $90,000, reaching its lowest level since mid-November. This decline marks a significant departure from the buoyant rally that followed President Trump's election, signaling a broader retreat from risky assets amid growing market uncertainty. Bitcoin's sharp drop, as much as 8.
Investors appear to have panicked now that what was initially perceived as a pullback has evolved into a much more concerning retreat.
The crypto asset management firm said it would "continue to invest in the team and in new solutions across beta, alpha, and onchain."
Bernstein analysts see a potential bitcoin entry point below $80,000, viewing the current price correction as temporary.
2025 has not started off the way many crypto investors expected it would. As soon as President Donald Trump was elected last year, the immediate expectation was that big things were coming for crypto.
How did Michael Saylor's firm amass a record stash of Bitcoin? Here's a look back at how Strategy made such massive gains.
While some traders remain hopeful for an altcoin rally, crypto chart analyst Ali Martinez warns that current market conditions don't favor it. What Happened: In a detailed post on X on Feb. 22, Martinez laid out a harsh reality—altcoin season isn't taking off.
Bitcoin's network difficulty remains high despite a sharp hash rate decline.
The significant liquidations highlight the crypto market's vulnerability to volatility and external shocks, impacting investor confidence and stability. The post Bitcoin crashes to $86,000, triggers $1.6 billion liquidation in 24 hours appeared first on Crypto Briefing.
Heightened bearish pressure continues to hinder Bitcoin, causing its price to drop as low as $89,000 Today after a recent attempt to recover the pivotal $100,000 mark. With the current decline in price, many investors are witnessing significant losses in their BTC investments, increasing the likelihood of a sell-off.
Bitcoin's apparent demand drop and market fear raise concerns about potential price declines ahead.
The former CEO of Binance, Changpeng Zhao (CZ), recently revealed his allocation of investments in crypto in his wallet.
U.S. spot-listed bitcoin ETFs experienced the second-biggest outflows of the year on Monday, dropping $516 million, according to Coinglass data. CoinDesk's Christine Lee explains why outflows may continue on "Chart of the Day.
Bitcoin, the leading cryptocurrency, is expected to remain under bearish pressure by banking giant Standard Chartered.
Bitcoin spiraled below $88,000 Tuesday after U.S. President Donald Trump said Canada and Mexico import tariffs will go forward in March and state bitcoin reserve bills fail to win approval. Meanwhile, Strategy and "Asia's MicroStrategy" continue to buy bitcoin.