Bitcoin Price falls below $85K, with former Binance CEO CZ dismissing concerns and urging investors to remain calm. Current Binance CEO Richard Teng echoes similar sentiments, attributing the drop to routine market fluctuations, even as U.S. spot Bitcoin ETFs see substantial outflows. The post CZ Dismisses Bitcoin Fears as Price Drops Below $85K appeared first on Cryptonews.
Bitcoin ETFs are shedding assets as crypto prices plummet amid a looming trade war and other macroeconomic uncertainty.
The cryptocurrency market has taken a sharp turn as Bitcoin's price plunge triggered a wave of sell-offs, pushing the Crypto Fear and Greed Index to a five-month low of “extreme fear.” This downturn in sentiment, particularly on February 25, 2025, has sent shockwaves through the market, impacting not only Bitcoin (BTC) but also altcoins like Ethereum (ETH), XRP, and Solana.
Bitcoin (CRYPTO: BTC) is continuing its price slide on Wednesday as President Donald Trump threatened 25 percent tariffs on the European Union. The apex crypto slid as low as $83,724 in the aftermath.
BTC's drop to $88,000 triggered panic selling among short-term holders.
The price of bitcoin (BTC) dropped south of $84,000 as spot bitcoin exchange-traded funds (ETFs) posted record outflows. As of 2:30 p.m. (ET), the leading crypto asset is hanging below the $85,000 range at $84,378.
Strategy co-founder Michael Saylor has pitched Bitcoin, the leading cryptocurrency, to centibillionaire Jeff Bezos.
Economic uncertainty, Nvidia's upcoming earnings, and a large BTC options expiry are negatively pressuring Bitcoin price.
Stacks, a prominent layer-2 solution designed to unlock the potential of Bitcoin for decentralized finance (DeFi), is gaining significant momentum. The platform announced today that a number of major institutions are adopting sBTC, a 1:1 Bitcoin-backed, decentralized programmable asset, as a key component of their Bitcoin strategies.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
The crypto market is deep in the red once again.
Oklahoma's effort to establish a state Bitcoin reserve took a step forward on Feb. 25 after the House Government Oversight Committee approved HB 1203, moving it to the full House for further debate. The Strategic Bitcoin Reserve Act, introduced by Rep.
Crypto prices are crashing again, with Bitcoin now trading below $84,000 and Ethereum hitting a five-month low price.
Strategy's stock plunged 16% as Bitcoin dropped, with leveraged ETFs crashing 50%, raising concerns about its aggressive Bitcoin accumulation strategy.
President Donald Trump announced 25% tariffs on European Union auto imports, pharmaceuticals, and semiconductor chips, citing a $350 billion trade deficit and vowing to address “unfair” EU trade practices. Bitcoin slid under a $84,000 following the news to a low of $83,337.
Strategy launches free Bitcoin Hub in Tysons Corner, VA.
Bitcoin and Ethereum are set for their worst February in years, though analysts think the bull market isn't over. Bitcoin (BTC) and Ethereum (ETH) are set to wrap up a rough month, with BTC dropping over 7.8% to $86,774.
David Vallieres, a respected crypto analyst, has stated that he remains bullish on the leading cryptocurrency despite the dramatic drop that took place on Tuesday.
Bitcoin appears on the verge of losing the $85,000 level, which could trigger a cascading liquidation event. Will bulls show up to buy the dip and defend a critical support level?
As Bitcoin struggles to maintain its credibility in the face of distressed investors, the crypto market as a whole plunges into a worrisome spiral. The total capitalization reaches an unprecedented level since November 2021, revealing a multifaceted crisis.
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U.S.-based spot Bitcoin exchange-traded funds (ETFs) recorded their biggest yet daily outflow as investor sentiment turned sour after Tuesday's market bloodbath, with investors retreating from risk assets in dealing with increasing macroeconomic concerns after President Donald Trump's tariff threats against Mexico and Canada.
Economist and Bitcoin (CRYPTO: BTC) critic Peter Schiff claims that President Donald Trump played a role in the crypto king's rally past $100,000, suggesting it was a reward to his supporters in crypto. What Happened: In am X post on Wednesday, Schiff stated that Trump sees his role in boosting Bitcoin's price as a form of “repayment” to his supporters in the crypto space.
Bitcoin just crashed to $85K but bounced back to $87,500. Will it recover to $100K or crash further to $76K?
A known economist once again criticized the debt-fueled Bitcoin acquisition strategy of Michael Saylor's Strategy Inc. despite the company's decreasing share price. Leading economist Peter Schiff argued that Strategy Inc.'s decision to go on a buying spree of the firstborn cryptocurrency has led to shareholder dilution, reducing the premium on the firm's BTC holdings.
Bitcoin's stumble begs the question asked during the last bear market: Is there a point at which Michael Saylor would be forced to liquidate part of the company's near-500,000 BTC stack?
Crypto analyst Kevin Capital has provided insights into where the Bitcoin price may be headed next. The analyst alluded to the current liquidation data, revealing that there are currently $16 billion in possible liquidations from BTC's current price to the $107,000 price level.
Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor.
Oklahoma House Bill 1203, known as the Strategic Bitcoin Reserve Act, passed the House Committee on Feb. 25, moving to the floor.
Bitcoin is experiencing a significant new correction, dropping to $85,760 after reaching an all-time high of $101,000 in January 2025. This 16% decline echoes a surprising prediction by Changpeng Zhao (CZ), founder of Binance, who had anticipated this scenario since December 2020.
Some metric suggested BTC correction could continue. Altcoin market showed resilience.
Bitcoin is still in its early adoption at 3% in 2025. Bitcoin adoption witnessed a dramatic shift in 2024, driven by BTC ETF approvals.
James Howells, the man behind a $775 million Bitcoin (CRYPTO: BTC) treasure hunt, is pushing back against waste management experts claiming recovering the lost fortune impossible. What Happened: A U.K. waste expert said the chances of recovering a lost hard drive containing 7,500 BTC from a Newport landfill are 1 in 902 million, essentially zero, due to the landfill's massive size and waste accumulation over the years, The Block reported.
BTC price lows near $85,000 come amid hopes that they may just end up a Bitcoin bull market "deviation."
There's mixed sentiment regarding Bitcoin's next move amid a bearish prediction.
After announcing its bitcoin inheritance product in November, Block's Bitkey is rolling out the offering on Wednesday.
"Just when I thought I was out, they pulled me back in." This iconic line from such a cinematic masterpiece as "The Godfather" seems to perfectly describe what is happening on the price chart of Bitcoin (BTC) right now.
Fold Holdings, Inc., a bitcoin financial services company, has acquired an additional 10 bitcoin for its corporate treasury. The purchase, made at an average price of approximately $87,500 per bitcoin, brings Fold's total holdings to over 1,000 bitcoin.
BTC's price could dump to $70,000, predicted Arthur Hayes.
Bitcoin's price fell to $86,099 on February 26th, wiping out almost $1.06 billion from crypto's market cap and sending ripples across the industry. According to Coinglass tracking, around 230,000 positions have been liquidated for the day.
As Bitcoin struggles to maintain its credibility with distressed investors, the crypto market as a whole is plunging into a troubling downward spiral. The total capitalization at an unprecedented level since November 2021 reveals a multifaceted crisis.
TL;DR Short-term Bitcoin holders sent 79,300 BTC, worth approximately $7 billion, to exchanges, selling at a loss during the recent price crash. This massive sell-off reflects the fear and uncertainty dominating short-term speculators, as BTC price hit 15-week lows. Long-term investors, however, remain firm, providing support to the market amid the volatility.
The cryptocurrency market has hit an exceptionally rough patch in recent trading with, for example, Bitcoin (BTC) collapsing $10,000 in just two days to its press time price of $85,811 — its lowest level since the Trump re-election rally started in early November.
Deribit's volatility index bounced between 48 and 52, indicating Bitcoin investor uncertainty after recent crypto market declines.
After spending most of February trading within a range, Bitcoin (BTC) has broken below the consolidation zone, slipping under $90,000 for the first time since November. The leading coin now trades at $88,956.
The Bitcoin market has fallen a bit in the early hours of Wednesday, as the markets continue to see a lot of noise in general.
The price of bitcoin fell sharply as US trading began on Wednesday, dropping to below $86K for the first time since mid-November. Sentiment in the crypto market is "on the floor at this moment in time", says Simon Peters, crypto analyst at eToro.