Ethereum prices have plunged below $1,900, threatening major DeFi loans with liquidation and creating pressure for further price declines.

The cryptocurrency market is going through a tough time, with traders facing heavy losses as nearly $1 billion worth of liquidations hit the market. Meanwhile, the overall crypto market cap is down to $2.62 trillion, with bitcoin suffering the most loss.

Bitcoin has fallen below $80,000, down 27% from its January peak, but market indicators suggest this may be a mid-cycle correction rather than a major market top.

BTC has recovered almost five grand since tumbling to the local bottom earlier today (March 11).

Bitcoin (BTC) rebounded above $81,000 on March 11 as US stocks' futures sought relief from a brutal sell-off. BTC/USD 1-hour chart.

A thesis is going the rounds on social media that the current market crash could be intentional, and that the U.S. government hopes to lower bond yields and thereby reduce the cost of refinancing its massive debt. How is Bitcoin coping in this environment?

Since November 2024, the value locked in decentralized finance (DeFi) protocols has experienced a sharp decline, erasing all the gains made after Donald Trump's election.

Risk-on markets like stocks and cryptocurrencies have tumbled on fears of recession, prompting analysts to describe the situation as a "reverse Trump trade," a negative shift in sentiment in response to President Donald Trump's policies. What happened: Nvidia Corp. (NASDAQ:NVDA), one of Wall Street's hottest stocks and widely considered a barometer of the overall sentiment, has plummeted over 22% since Trump took office and more than 23.5% since his election victory last year.

Bitcoin and the broader crypto market are under significant pressure as macroeconomic concerns fuel investor anxiety. In the past 24 hours, the price of BTC has fallen 2.2%, briefly touching $76,624 before recovering to $81,376 as of press time.

Coinbase Derivatives has revealed plans to introduce 24/7 futures trading for Bitcoin (BTC) and Ethereum (ETH), offering both larger and nano contracts for retail and institutional investors.

European financial institution Deutsche Boerse recently revealed that its post-trade unit Clearstream plans to launch Bitcoin and Ether custody services in Europe this year. The announcement comes riding the heels of global pro-crypto ushers, such as a strategic BTC reserve in the U.S. and other global advancements.

Strategy (formerly MicroStrategy) stock fell nearly 17% as the company announced plans to raise $21 billion to buy more Bitcoin while the cryptocurrency's price decline

Robert Kiyosaki, a financial education advocate known for his classic book on funds management, Rich Dad Poor Dad, has commented on the current market decline, which has also affected Bitcoin.

With Tesla crashing, Bitcoin facing critical support, and Gold surging, investors are torn between risk and stability.

Since January 31, Bitcoin (BTC) has experienced a significant correction, with the leading cryptocurrency plummeting as much as 27.52%. Currently valued around $79,000, Bitcoin's price is precariously balanced above a crucial support level dubbed as “the magic line,” which is set at $74,000, pivotal in determining the market's trajectory—bullish or bearish.

Leveraged traders betting on a rally got torched with BTC bulls losing $420 million, ETH longs saw $150 million in liquidations.

Welcome to Latam Insights Encore, a deep dive into Latin America's most relevant economic and crypto news from the past week. This edition examines President Nayib Bukele's behavior regarding the commitments El Salvador has made under the IMF deal, choosing to remain vague rather than explaining how bitcoin fits into this new national reality.

Michael Saylor's MicroStrategy plans to raise $21B for additional Bitcoin ($BTC) purchases through the At The Market (ATM) Program. Specifically, MicroStrategy will sell $21B worth of 8% Series A perpetual strike preferred stock – shares that pay an 8% dividend, have a $0.

Following an 8% drop, Ethereum is holding at the $1.8K mark. The decline triggered liquidations, wiping out $252.09 million worth of ETH.

A widely followed analyst is outlining the potential path forward for Bitcoin (BTC), Solana (SOL) and other crypto assets. The analyst pseudonymously known as InvestAnswers tells his 563,000 YouTube subscribers that Bitcoin, Solana and other crypto assets are in a “classic bear trap.

ETH has fallen more than 8% as traders grow weary of rumors on social media saying the Ethereum Foundation will liquidate when the price falls to $1,100.

Clearstream plans to offer Bitcoin and Ether custody and settlement services to its 2,500 institutional clients starting April.

Bitcoin has factored in a modest price drop of 2.39% in the last 24 hours. The cryptocurrency tested a support level of $76,707 in the past day as per CMC data.

In times when the Bitcoin price is facing massive bearish heat, Ethereum is experiencing an extended bearish action. The price is dumping hard compared to that of the star token, which raises huge concerns over the upcoming price action.

It is an understatement to say that it hasn't been a good few weeks for Bitcoin (BTC -0.19%), XRP (XRP -0.72%), Solana (SOL -1.78%), and other crypto assets. Between the opening skirmishes of a trade war, major new cryptocurrency policy and enforcement announcements, increasingly chaotic domestic politics, and simmering geopolitical instability, there are a lot of good reasons for investors to be concerned about the entire sector right now.

The company, which focuses on energy-efficient mining operations, has been expanding its operations over the past year including through an acquisition.

TRON (TRX) maintains the tenth position among cryptocurrencies by market capitalization, despite the recent bear market trend.

Bitcoin forms a double bottom near $80K, signaling a potential breakout. BBVA expands crypto services, while Cathie Wood sees BTC as the "New Bretton Woods." The post Bitcoin Nears $80K, Forms Double Bottom—Is a Major Reversal Ahead? appeared first on Cryptonews.

Michael Saylor present at the Crypto Summit in the USA.

Investing $3,000 in Bitcoin (BTC -0.58%) might not seem like a wise financial move at the moment. The markets are awash in an absolutely confusing whirlwind of threats stemming from a festering trade war and significant geopolitical as well as domestic political instability.

Deutsche Boerse's trading unit, Clearstream, is preparing to launch cryptocurrency custody and settlement services for institutional clients in 2025, amid increasing demand for regulated digital asset infrastructure. The German exchange group plans to offer Bitcoin (BTC) and Ether (ETH) custody to its more than 2,500 institutional clients, with services expected to begin in April 2025, according to a Bloomberg report on March 11.

The value of Bitcoin (BTC) is undergoing a significant correction, dropping to levels between 70,000 and 72,000 dollars.

If you hold Bitcoin (BTC -1.56%), XRP (XRP -2.04%), or Solana (SOL -2.93%) right now, you're probably getting a bit sick of the volatility. Given that there's a lot of economic and geopolitical instability, and probably even more to come in the near future, the fact of the matter is that it's getting pretty tiring for everyone.

Ethereum faces bearish pressure with $2,000 support crucial. A breakout above $2,250 may drive recovery toward $2,700–$3,000 amid volatility.

The collapse of the price of Ethereum is also dragging down the decentralized finance sector.

An Ethereum developer rejected speculation that the Ethereum Foundation (EF) was behind a recent deposit of more than 30,000 Ether into the decentralized finance (DeFi) protocol Sky, formerly known as MakerDAO.On March 10, a wallet address deposited 30,098 Ether (ETH), worth about $56 million, into Sky. Crypto intelligence platform Arkham labeled the address “Ethereum Foundation?

Bitcoin and crypto markets are sinking further in a deepening correction, but it has all been seen before.

Strategy's stock is down almost 50% from its Nov. peak, but the company continues its aggressive Bitcoin accumulation strategy amid the current crypto bloodbath. Strategy stock plunged 17% yesterday, closing at $239.27.

The world of cryptocurrencies is used to spectacular fluctuations, but certain fund movements raise more questions than others. In the span of a week, $1.8 billion of ETH left exchanges.

Crypto markets are being obliterated today as a massive sell-off wipes out billions of dollars, and Ethereum is taking the brunt of those losses.

The U.S. government's efforts to maintain the dollar's dominance through stablecoin adoption could indirectly benefit Bitcoin.

Bitcoin dropped below $80,000 on Monday, hitting $77,459 before slightly recovering to $79,085.

It is quite evident that President Donald Trump's divisive policies around job cuts and tariff wars have crashed the U.S. stock market. Meanwhile, a significant negative impact has also been seen in the crypto space, with Bitcoin continuing to trade under extreme bearish pressure.

The failed cryptocurrency exchange Mt. Gox has made a new massive transfer of 11,833 Bitcoin (BTC).

Bitcoin financial services firm Fold Holdings has added 475 BTC to its treasury, bringing total holdings to over 1,485 BTC. This move solidifies its position among the top 10 U.S. public companies with the largest bitcoin reserves.

An aggressive Bitcoin accumulation phase was seen a few months ago. What about now?

Data shows the cryptocurrency derivatives market has witnessed a mass liquidation event as Bitcoin and other digital assets have plunged. Crypto Liquidations Have Exceeded $680 Million In Last 24 Hours According to data from CoinGlass, a large amount of liquidations have occurred on the derivatives platforms during the past day.

Texas state lawmakers have introduced a second Bitcoin reserve bill that would allow the state Comptroller to invest up to $250 million in Bitcoin or other cryptocurrencies.