European Central Bank (ECB) adviser Jürgen Schaaf recently criticized Bitcoin's economic utility, and argued that national Bitcoin reserves are too risky and lack fundamental necessity.
Investors pulled out funds from bitcoin and ether spot ETFs Tuesday as dwindling basis in the CME futures dented the appeal of carry trades.
Bitcoin has fallen below the $90,000 support level, with analysts at 10X Research warning that macroeconomic pressures could push its price down to $73,000. The post Bitcoin Could Drop to $73K as Macro Pressures Mount: 10X Research appeared first on Cryptonews.
The move higher was in line with a CoinDesk analysis on Tuesday, as a five-month low in a sentiment index and a large-scale liquidation event indicated assets were likely oversold and could see relief in the short term.
Bitcoin's price has faced a dramatic downturn, falling below $90,000 and reaching as low as $87,000 levels today. This steep decline places the cryptocurrency further away from its January all-time high of over $109,000.
Bitcoin's fall dragged down down altcoins as investor sentiment tanked to a five-month low.
Crypto prices today (February 26): Traders and investors remain rattled as Bitcoin (BTC) price briefly touched the $86K mark intraday, whereas altcoins showed a rising action during early Asian hours on Wednesday. ETH neared $2,500 after dropping to the $2,300 zone recently.
Despite a sharp drop in its stock, Strategy's structural safeguards and ability to raise equity make a forced Bitcoin liquidation "unlikely."
Bitcoin has dropped nearly 11% from Monday's highs of $96,500 to three-month lows below $87,000 amid heightened macroeconomic and geopolitical concerns. Highly followed analyst Titan of Crypto contends that Bitcoin remains in a bullish market structure.
February 26, 2025 03:37:24 UTC Bitcoin Outperforms All Sectors as AI, Agents, and Memecoins Lead Losses Bitcoin has outperformed all sectors in 2025, with major categories facing steep losses. AI frameworks suffered the biggest decline at -84.05%, followed by agents (-70.27%), memecoins (-51.74%), gaming infrastructure (-51.54%), and modular projects (-47.48%).
Investor caution amid macroeconomic concerns could lead to prolonged volatility in crypto markets, impacting broader financial stability. The post Bitcoin ETFs suffer record $935 million net outflows as investors turn risk-averse appeared first on Crypto Briefing.
Earlier this morning, Bitcoin (BTC) hit a yearly low of $86,888 amid a broader market downturn. According to data from CoinGlass, the crypto market sell-off led to over $1.5 billion in liquidations in the past 24 hours, impacting 394,944 traders.
Strive Asset Management CEO Matt Cole has urged Gamestop to adopt bitcoin as part of its treasury reserve strategy, a proposal acknowledged by Chairman Ryan Cohen but not yet publicly endorsed by the company.
Michael Saylor, Chairman of Strategy (formerly MicroStrategy), has once again suggested that the current market conditions present a golden opportunity to buy Bitcoin. The cryptocurrency, which had recently reached highs of $96,500, has seen a decline of nearly 6% over the past 24 hours, with the price dipping below the $91,000 mark.
Bitcoin price started a fresh decline below the $90,000 support. BTC must stay above the $86,000 zone to avoid more losses in the near term.
Bitcoin's sharp decline to 86,099 wiped out $1.06 billion across the crypto market, with long positions suffering $873 million in losses. According to Feb.
Bitcoin (BTC) is facing a critical moment, fluctuating between $85,000 and $95,000. A break below $90,000 could trigger a sharp decline, but with little resistance above $95,000, a bullish breakout could be just as swift.
Strive Asset Management CEO Matt Cole has urged GameStop (NYSE:GME) to adopt the Bitcoin Standard, positioning the company as a leader in Bitcoin treasury management within the gaming sector. In a letter to GameStop Chairman and CEO Ryan Cohen, Cole outlined a strategy to transform GameStops financial outlook by shifting its $5 billion cash reserves into Bitcoin.
A massive Bitcoin transaction has caught the markets attention as 8,022 BTC, valued at nearly $738.86 million, was transferred from Coinbase (NASDAQ:COIN) to an unknown wallet. Blockchain tracker Whale Alert flagged the transaction, fueling speculation about a potential new whale or institutional accumulation.
Bitcoins price action remains turbulent, with the flagship cryptocurrency dropping 9% in two days to $88,000, triggering $1.5 billion in liquidations. Despite market chaos, top trader DonAlt sees nothing unusual, emphasizing that a potential rebound is on the horizonif BTC can reclaim critical levels.
Peter Schiff, a long-time Bitcoin critic, is once again warning of disaster for Michael Saylors Bitcoin-focused strategy. As BTC dips below $89,000, Schiff argues that Strategy, formerly MicroStrategy, is on the brink of collapse due to its aggressive Bitcoin accumulation backed by debt.
Despite recent price swings, CryptoQuant CEO Ki Young Ju asserts that Bitcoin remains in a bullish cycle. He dismisses fears of a bear market, emphasizing that BTCs ongoing correction is typical in a bull run.
Renowned market commentator Peter Schiff said Tuesday that only a strategic Bitcoin (CRYPTO: BTC) reserve announced by President Donald Trump could halt the ongoing market slump. What happened: In an X post, Schiff wrote, "I think the only thing that can delay a Bitcoin meltdown is Trump.
GameStop's potential Bitcoin investment could redefine its market position, offering a hedge against inflation amid declining sales. The post GameStop CEO confirms receiving Bitcoin investment proposal from Strive CEO appeared first on Crypto Briefing.
The firm urged GameStop to avoid investing in other cryptos, calling Bitcoin the only “true store of value” among digital assets.
SEC's silence in the Ripple case sparks criticism as legal uncertainty looms over XRP. Will the agency drop its appeal?
Bitcoin (BTC), the market's leading cryptocurrency, has officially entered a new downtrend phase following a period of consolidation around the mid-$90,000 levels. After reaching an all-time high of $109,000 in January, Bitcoin has now seen a significant drop of 7%, bringing its current price to approximately $87,400.
Bitcoin's price plummeted to $88,500 on Feb. 25, triggering $1.48 billion in liquidations across the futures market. This significant correction, which sent Bitcoin well below the short-term holder realized price, was partly sparked by macro uncertainty following Trump's proposed tariffs.
Swan Bitcoin's John Haar says shockwaves would be sent through the markets if GameStop uses its $4.6 billion in cash to buy Bitcoin and commits to buying more.
On-chain data shows the number of Bitcoin loss addresses has shot up following the cryptocurrency's dive toward $87,000. Bitcoin Market Delivered Shock As Price Plummets 7% In Past Day Bitcoin had already been following a bearish trajectory during this month, but it appears the asset's decline has seen an acceleration in the last 24 hours as its price has dropped by more than 7%.
Michael Saylor's Strategy, formerly known as MicroStrategy, is facing one of its biggest tests yet has tumbled by more than 55% since the year started in the stock market, per data from Google Finance.
The importance of the Lightning Network for Bitcoin
Bitcoin has dropped to its lowest point since 2025, breaking below a significant sideways channel and suggesting that there may be more downward pressure. Bitcoin is currently trading at $88,835, having dropped by almost 3% over the last day and broken through the crucial $92,000 support level.
Bitcoin is trading below key demand levels after days of price compression between critical support and resistance zones. The long period of consolidation finally broke downward, with BTC losing the crucial $90K support and setting a fresh low at $86K.
Coinbase, MicroStrategy, and other publicly traded firms saw sizable losses Tuesday as crypto and stock prices alike plummeted.
To get the latest market news check out finance.yahoo.com Crypto stocks sank across the board early Tuesday as bitcoin (BTC-USD) dropped below $90,000 for the first time since November. Crypto heavyweights Strategy (MSTR) and Coinbase (COIN) led the declines.
CNBC's Tanaya Macheel 'Fast Money' to talk Bitcoin sliding to a 3-month low.
American business intelligence and software firm Strategy (formerly MicroStrategy) is in the spotlight as its shares have dropped by over 55% from its November high. With the stock market and crypto ecosystem experiencing sustained drawdown, many are concerned that the Bitcoin stash of MicroStrategy is at risk of liquidation.
The calls for GameStop to add Bitcoin (BTC) to its balance sheet have peaked with one investor penning a letter to the company CEO to make the move. The letter urges the video game retailer to buy BTC with its cash reserves of nearly $5 billion.
GameStop is being pushed to put its money where the future is—Bitcoin. Matt Cole, CEO of Strive Asset Management, sent a letter on February 24 to Ryan Cohen, GameStop's chairman and CEO, asking the company to convert a huge portion of its $5 billion cash reserve into Bitcoin.
Pennsylvania is driving new awareness against Bitcoin ATM scams in a new caution to the community.
Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the bitcoin and crypto sell-off.
Bitcoin price tumbled to $86,050, its lowest since November, as inflation fears and Trump's tariffs overshadowed Michael Saylor's latest $2B purchase. Bitcoin (BTC) Plunges to Lowest Since November Despite Michael Saylor's Latest Purchase Bitcoin price collapsed to its lowest level in four months, crashing to $86,050 as traders reacted to inflation concerns and Trump's latest
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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%.