Bitcoin price dropped to $86,050, but investors' economic worries could also be reasons to generate longer-term demand for BTC.
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."
Concerns about a bear market are growing as Bitcoin ETF outflows ramp up dramatically alongside the ongoing volatility. Other hopes, like state-level Bitcoin Reserves, are failing, and it's difficult to find a clear bullish trend.
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.
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.
Japanese public-traded company Metaplanet, which emulates Strategy's Bitcoin treasury model, has bought the top — spending roughly $13 million on the biggest cryptocurrency just hours before its Tuesday's drop to a three-month low.
BTC price action leaves $109,000 far behind as selling pressure keeps the Bitcoin bears in control of the cryptocurrency market.
Michael Saylor's Strategy has expanded its Bitcoin holdings to 499,096 BTC with a $2 billion purchase, despite concerns over its financing model and declining stock performance.
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."
The interest rate outlook has gotten appreciably softer over the past couple of weeks.
"Do not buy the dip yet. A move to the low 80s is on," Standard Chartered analyst Geoff Kendrick said of the latest sell-off.
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.
Owner James Howells strongly rejected the firm's claims amid his ongoing legal attempts to access the site or buy the landfill outright.
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.
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.
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.
GameStop has a unique opportunity to redefine itself as a market leader with its nearly $5 billion cash reserve, the letter said.
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.
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.
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.
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.