The cryptocurrency market shows fast-changing price movements that forces investors to spend their time chasing next profitability opportunities among assets. The Cardano price jumped by 50% throughout a single day following news about Trump's crypto reserve although the hybrid platform DTX Exchange continues to gain strength.
Even die-hard crypto investors are getting worried right now. Bitcoin (BTC -11.34%) is now down 18% from an all-time high of $109,000 in mid-January, and trades around the $89,000 level on March 3.
Bitcoin (BTC) has entered its third corrective phase since the start of its bullish rally in 2023. This phase could set the stage for another surge, with BTC potentially targeting $130K if it breaks above the $100K mark in the coming months.
Arthur Hayes, co-founder of BitMEX and prominent crypto investor, on Tuesday reaffirmed his bullish outlook on Bitcoin (CRYPTO: BTC), stating that the cryptocurrency's lowest point for 2025 is unlikely to dip below $70,000. He also reiterated his long-term target of $1 million per Bitcoin, a forecast he insists remains intact despite recent market turbulence.
The week began with bitcoin ETFs experiencing a net outflow of $74 million, while ether ETFs marked their eighth consecutive day of withdrawals, totaling $12 million. Bitcoin and Ether ETFs Continue to See Capital Outflows The crypto exchange-traded funds (ETFs) market commenced the week with continued outflows, as bitcoin ETFs experienced net outflows totaling $74.
Trump seems to have taken a page out of his real estate negotiations in pitching XRP, ADA and SOL as candidates for crypto reserve to win over approval for bitcoin.
BlockDAG price has risen by 2,380 percent since presale launch in March 2024 and that rate could grow exponentially after exchange listings.
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The cryptocurrency market has suffered another sharp downturn, with Bitcoin (BTC) plunging more than 10% in the past 24 hours, now trading below $85,000.
Bitcoin has had a rough start to 2025 due to economic uncertainty and a broader risk-off sentiment in global markets. Amid fresh trade tariffs and macroeconomic shifts, investors are moving toward safer assets like gold.
ETH dropped toward $2,000 but managed to defend that level, for now.
Bitcoin dominance (BTC.D) recently fell below the 50% mark, sparking discussions about the potential start of an altcoin season. This change in the market comes after a key decision by President Trump, who confirmed that the U.S. “Crypto Strategic Reserve” would include altcoins like Ripple (XRP), Solana (SOL), and Cardano (ADA).
The crypto market today has taken a major hit, with Bitcoin, ETH, XRP and the majority of altcoins plunging steeply. The business's market cap at the time of press has dropped 9%, triggering fear among the market participants. This freefall is closely aligned with pressure looming across traditional markets.
Bitcoin (BTC) and other altcoins have faced significant declines over the past few weeks, with many investors feeling the effects of the downturn.
El Salvador has expanded its Bitcoin holdings once again, purchasing five additional BTC amid a market dip that saw the asset fall to $83,000. The post El Salvador Buys the Dip, Adds 5 More Bitcoin as Price Hits $83K appeared first on Cryptonews.
Bitcoin dropped a staggering 10% in the past day, despite Donald Trump's bullish announcement of a crypto reserve in the US.
Bitcoin price was down on Tuesday, losing 2.9% of its value to trade at $83,690 at the time of writing. The coin has resumed a downtrend, barely two days after US President Donald Trump announced plans to establish a strategic Federal Cryptocurency Reserve whose composition will include BTC, ETH, SOL, XRP and ADA.
Bitcoin falls below $83K after surging to $95K on Trump's Crypto Reserve plan. Will BTC recover, or is more downside ahead? Key levels to watch now. The post Bitcoin Price Falls Below $83K After 9% Drop – What's Next for BTC? appeared first on Cryptonews.
Just a day after cryptocurrencies surged following President Donald Trump's announcement of the US Crypto Strategic Reserves, Bitcoin took a sharp dive, dropping nearly 10% and erasing its earlier day gains to hit $83K.
After the huge Trump-inspired Sunday pump, all the gains have now been given back. President Trump's tariffs have just gone into effect, and Canada and Mexico have 25% levied against imported goods into the US, while China tariffs doubled to 20%.
Ethereum's price has plunged over 30% in the past 30 days. This has dragged its performance against Bitcoin (BTC) to its lowest level since January 2021.
A crypto strategist known for making timely Bitcoin calls believes that a deeper drawdown is now on the table for BTC. Pseudonymous analyst Credible tells his 464,800 followers on the social media platform X that he now expects Bitcoin to go below its recent low of $78,000 after failing to reclaim $90,000 as support.
Gold leaves Bitcoin in the dust over US trade tariffs as BTC price action joins stocks and even the US dollar in taking a fresh hit.
Gold leaves Bitcoin in the dust over US trade tariffs as BTC price action joins stocks and even the US dollar in taking a fresh hit.
Bitcoin maximalists like Tyler Winklevoss and Samson Mow argue that only Bitcoin—and possibly Ethereum—qualify as reserve assets.
Bitcoin surged past $93,000 following the US crypto strategic reserve announcement, entering its third corrective phase with technical indicators suggesting potential for further upward movement after a period of consolidation.
The IMF has issued new requests under its $1.4 billion deal with El Salvador, now wanting to restrict BTC purchases by the public sector.
The market intelligence platform IntoTheBlock has revealed where the next major obstacle for Bitcoin could lie, according to on-chain data. Bitcoin Has A Major Supply Wall Between $95,400 & $98,200 In a new post on X, IntoTheBlock has discussed about how the various BTC price ranges are looking in terms of on-chain resistance and support.
Tom Lee sees bitcoin finishing the year at over $150,000 and attributes the current drawdown to cyclical behavior.
El Salvador purchased 5 more Bitcoin worth $415,000 during a price dip while balancing IMF loan requirements and pursuing broader tech initiatives.
Once viewed as a hedge against financial uncertainty, Bitcoin (BTC) struggles to maintain this title amid global economic shifts. Its market trajectory increasingly resembles that of traditional risk assets.
Bybit's Ben Zhou said that this week and the next are critical for freezing stolen funds as funds will start to clear on trading platforms.
The data suggests that BTC is in its third corrective phase.
CME gaps — price disparities caused by the exchange's weekend closure while spot markets trade around the clock — tend to historically act as magnets for bitcoin prices.
On March 2, 2025, President Donald Trump revealed plans to create a Crypto Strategic Reserve that would include Bitcoin, Ethereum, XRP, Solana, and Cardano.
The technical outlook has worsened for both BTC and Nasdaq.
The chief executive of market intelligence firm CryptoQuant is doubling down on his position that Bitcoin (BTC) remains in a bull market.
Bitcoin and other major cryptocurrencies surged Sunday after President Donald Trump announced plans for a U.S. crypto reserve that would include XRP, Solana, and Cardano.
Tom Lee remains optimistic about Bitcoin's trajectory, predicting it could surge past $150,000 by year-end despite a rough close to February.
El Salvador's continued Bitcoin investments amid IMF conditions highlight its commitment to crypto, potentially impacting its financial policies. The post El Salvador buys Bitcoin dip, adding 5 BTC amid price plunge to $83,000 appeared first on Crypto Briefing.
Spot Bitcoin ETFs in the U.S. shifted back to outflows on March 3 as Bitcoin retraced gains, driven by a risk-off sentiment stemming from trade tensions and skepticism over a U.S. crypto reserve fund.
The total cryptocurrency market capitalization (TOTAL) and Bitcoin (BTC) have experienced significant corrections in the past 24 hours, wiping out weekend gains. BTC has once again dropped below the $85,000 mark and is currently trading at $84,255.
Arthur Hayes, the CIO at Maelstrom Fund, said that he firmly believes the Bitcoin bull market cycle is still ongoing. He added that the worst bottom would be the historical high of the previous cycle which was $70K.
On March 2, US President Donald Trump announced the inclusion of Bitcoin, Ethereum, XRP, Solana, and Cardano in a newly formed Crypto Strategic Reserve, an initiative designed to integrate these digital assets into the country's broader economic and monetary plans.
Bitcoin and the broader cryptocurrency market have shown strong recovery, with Bitcoin surpassing $93,000 earlier today after an increase of nearly 10% in the past 24 hours. The surge follows the announcement of a US crypto strategic reserve, which is expected to include major digital assets such as BTC, ETH, SOL, XRP, and ADA.
As Trump tariffs on Mexico and Canada go into effect on March 4, the crypto market crashed, triggering more than $1.09 billion in liquidations in the last 24 hours. While Bitcoin is down over 10% in the last 24 hours, top altcoins like Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA) are all down by
Ethereum bulls are accumulating assets following the crypto market dip, igniting similar demand in altcoins. The asset has recorded increased daily volumes this week, signalling a possible turnaround for most traders currently in the red zone.