TL;DR Bitcoin (BTC) drops below $88K: Crypto Market-wide panic and over $1 billion in liquidations. Altcoins follow suit: Major drops for XRP (-14%), Solana (-14%), ETH, BNB, and DOGE (all 5-13%). Hack and outflows trigger crash: Bybit's $1.4 billion hack shakes confidence, leading to further sell-offs.
The SEC acknowledged NYSE Arca's proposal to list the Grayscale Cardano Trust, setting the stage for regulatory review. If the SEC approves the ETF, it would provide institutional exposure to ADA without direct ownership.
Monday's figures, led by Fidelity's FBTC, represent the fifth-largest net daily outflows for the spot Bitcoin ETFs to date.
Bitcoin (BTC) price movements reflected a period of consolidation before dropping below $90,000 after BTC failed to break above its all-time high in February. According to the latest edition of the “Bitfinex Alpha” report, macroeconomic uncertainty worsens this scenario.
Will the biggest and best-known crypto assets of today, like Bitcoin (BTC -8.66%), continue to hold up against newer players like Cardano (ADA -13.25%), or will they go the way of the dodo?
Bitcoin plunged below $90,000 on February 25, 2025, dropping to $87,630 as Trump's tariff announcements, a major Bybit hack, and continuous ETF outflows triggered a market-wide crypto sell-off.
U.S. spot Bitcoin (BTC) exchange-traded funds (ETFs) recorded their second-largest outflow of the year on Monday, shedding $516.4 million, according to Farside data. This marked the ninth net outflow in 10 days, reflecting growing uncertainty as BTC struggled between $94,000 and $100,000.
Crypto traders suffered over $1.2 billion in liquidations in the past 24 hours as Bitcoin (BTC) tumbled below $89,000, its lowest level since November. The downturn, which intensified during Asian trading hours on Tuesday, saw massive losses across major cryptocurrencies.
Bitcoin (BTC) fell below $89,000 during early European trading on Tuesday, reaching $88,500, its lowest level since mid-November, according to CoinDesk data. The decline follows continued losses in tech stocks and renewed strength in the Japanese yen, sparking concerns of market-wide risk aversion.
Traders are buying the dip, lifting the perpetual futures long-short ratio, Kraken's Alexia Theodorou told CoinDesk.
Japan-based Metaplanet and El Salvador both increased their Bitcoin holdings just before a market downturn on February 25, with Bitcoin dropping below $91,000 before recovering slightly to $92,260 amid broader crypto market turbulence.
Bitcoin price has broken below the $90K mark for the first time in six weeks. Could this be the beginning of an extended bear run?
The Japanese firm nonchalantly added another $13 million worth of Bitcoin to its holdings, hours before Bitcoin's price declined.
Nasdaq slides as AI concerns, Bitcoin losses, and lower Treasury yields drive risk-off sentiment. Market outlook remains bearish across asset classes.
Arthur Hayes warned about a potential decline to $70,000 for Bitcoin as large-scale ETF outflows could accelerate the downtrend.
Despite a series of macro- and micro-market developments promising the creation of a favorable market environment for top cryptos, especially XRP – including US President Donald Trump's mention of XRP on the Truth Social platform, strengthening speculations over the US XRP Reserve possibility, increasing the probability that the US SEC will withdraw its lawsuit against
Strategy (formerly MicroStrategy) has purchased 20,356 more Bitcoin for $1.99 billion, bringing its total holdings to 499,096 BTC worth $33.1 billion and representing 2.3% of Bitcoin's total supply as part of its ambitious plan to acquire $42 billion in Bitcoin over the next three years.
ARK Invest's Cathie Wood reportedly says that Bitcoin's (BTC) market structure remains strong and the flagship crypto asset may soon have a massive breakout.
Are lawmakers too cautious, or is Bitcoin's instability genuinely too risky for state-backed investments?
In the aftermath of the Bybit hack, the crypto market sell-off is deepening, with combined crypto liquidations reaching $1.34 billion in the past 24 hours. While Bitcoin (BTC), Ethereum (ETH) and XRP are leading this sell-off, almost all altcoins in the top 100 are experiencing massive price drawdowns.
U.S. President Donald Trump has re-instigated the ‘Tariff war' by imposing 25% tariffs on Canada and Mexico. With this, the stock markets and crypto markets have been hit hard as the global market capitalization of cryptos has dropped below $3 trillion.
The total crypto market cap is below $3 trillion now.
XRP is establishing new trading patterns against Bitcoin, and traders are closely monitoring a potential shift in market dynamics. XRP has exhibited remarkable strength over a lengthier timeframe, with a 31% gain against Bitcoin during the past month, despite a 15% decline in the past week.
Florida's Strategic Bitcoin Reserve (SBR) bill could put the cryptocurrency on the state's balance sheet—while also potentially reshaping the Republican Party's stance. The bill, officially known as “SB 550: Investments of Public Funds in Bitcoin,” has gained momentum in Tallahassee and drawn national attention thanks to a high-profile advocate in the Florida Senate.
Despite falling by about 20% during the past 30 days, XRP (XRP -15.42%) just got a key green light that sent its price soaring by 12% on Feb. 13, with further gains in the days that followed. The best part is that there's now reason to believe that even more growth might be on the way, provided that a few new potential catalysts play out as anticipated.
Cardano is among the front runners for crypto ETF approval in 2025, along with Litecoin, XRP and Solana.
The disappointments from several US states rejecting strategic Bitcoin reserves sent shockwaves to the entire crypto market, with the US spot BTC ETFs bleeding profusely.
The South Dakota legislature delayed a vote on a bill on Monday that could have allowed the state to adopt Bitcoin (CRYPTO: BTC) as a strategic reserve asset. What happened: The majority of lawmakers at a meeting of the state's House Commerce and Energy Committee voted to defer the bill to the 41st day of South Dakota's legislative session.
XRP has broken below several key support levels including the critical $2.50 threshold, entering a bearish zone with immediate resistance at $2.4880 while showing oversold conditions that might trigger a temporary relief rally.
U.S. spot Bitcoin ETFs saw a big spike in net outflows on Feb. 24, with most of it coming from Fidelity and BlackRock's funds as market sentiment turned sour.
According to the investment firm, Bitcoin's adoption is accelerating. Institutional investors, corporations, and even governments are getting in on the action.
Bitcoin's price has fallen below $91,000, testing critical support levels due to Trump's new tariff announcements, waning institutional demand, and broader market correlation.
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Bitcoin fell below $90,000 for the first time since November 2024 as ETF outflows continued, crypto liquidations surpassed $1.3 billion and US-China trade tensions weighed on investor sentiment.
Matrixport sees growing risk of deeper decline as Bitcoin slips below key pattern amid low trading activity. Bitcoin (BTC) broke out of an ascending broadening wedge, a typically bearish pattern, with a 6.
Analysts offer mixed views on BTC next direction as bearish pressure persists.
Bitcoin evangelist Michael Saylor, co-founder and the executive chairman of Strategy in charge of its BTC course, has addressed the global community to comment on the current 7.11% Bitcoin collapse.
On Monday, U.S. spot-listed bitcoin ETF outflows rose to $516 million as bitcoin tumbled toward $90,000.
In a surprising move, Robinhood announced that the Securities and Exchange Commission (SEC) has decided to drop its investigation into the trading app's crypto division. This comes after a series of similar decisions made by the SEC regarding other high-profile crypto companies.
Cryptocurrencies bitcoin and ether dropped to multi-month lows on Tuesday, caught up in a general cross-market sell-off, and as traders continued to process last week's hack of $1.5 billion worth of ether from cryptoexchange Bybit.
Historical trends have always shaped the cryptocurrency market; one of the most spectacular rallies in recent years was the dramatic increase in 2021 of ripple (XRP). Mass price swings in XRP rewarded early investors with large gains and confirmed its position as the main player in the crypto scene.
Liquidations crossed the $1.35 billion level in the past 24 hours as a market slide worsened.
The Bitcoin price has fallen more than -8.8% since Friday when Bybit suffered the biggest crypto hack in history. The flagship digital asset reached a peak of $99,493 late last week, only to retreat to roughly $91,500 at press time, marking a -5.5% decline since Monday.
Bitcoin failed to maintain its price in Tuesday's early hours, falling to nearly $88,600 and losing its $90,000 key support zone as investors ran to more stable assets in the wake of a new trade war.
It is the first step of the approval process, which, however, could still take months.
Cryptos are experiencing a new episode of brutal volatility, shaking a market already weakened by macroeconomic uncertainties. Solana is collapsing by 14%, XRP and Dogecoin are down more than 8%, while Bitcoin has dipped below $91,000.
After a failed attempt to revisit $100K on February 21, Bitcoin (BTC) reversed. As a result, BTC price crashed 11.36% to $88K.
XRP has experienced a steep drop, losing a sizable amount of its value as market sentiment turns pessimistic. The cryptocurrency fell by more than 7%, breaching the key support levels and possibly indicating more declines to come.