Bitcoin fell below $80,000 on Friday, extending its sharp decline in February as investor sentiment soured. The cryptocurrency dropped 7.3% to $78,547.88, putting it on track for a loss of over 20% for the month.
Are you wondering which crypto could take off in 2025? Bitcoin dropped 12.6% from Monday to Wednesday, making it the biggest three-day fall since November 2022. The decline happened because there is less cash flowing into the market and big investors are losing interest.
Bitdeer's shares rose 0.6% after hours as the crypto miner invested $4 million in Bitcoin despite falling prices.
Arizona lawmakers have pushed forward the Arizona Strategic Bitcoin Reserve Act, bringing the state a step closer to making Bitcoin a part of its financial strategy. On Feb.
The popular crypto wallet will soon support Solana and Bitcoin, giving users more flexibility in managing their digital assets. But that's not all.
Data shows the Bitcoin Fear & Greed Index has sunk to its lowest level since the 2022 bear market following the latest crash in the BTC price.
Bitcoin is tackling support levels not seen in months. Where do traders think BTC price action will put on a definitive floor after nearly a 30% drop from all-time highs?
Arizona is pushing ahead with cryptocurrency investment as two Bitcoin reserve bills have passed the Senate, setting the stage for final approval in the state's House of Representatives. While states like Wyoming and Montana are rejecting similar measures over concerns about crypto's volatility, Arizona is doubling down on digital assets.
Bitcoin plunged below $80K, Ethereum hit a one-year low, and over $870M in crypto positions were liquidated as Trump's tariffs shook global markets—here's what comes next for BTC and ETH.
Bitcoin crashes below $80K amid macroeconomic fears and massive institutional sell-offs. Discover what's driving the decline and what's next for BTC. The post Bitcoin's $79K Breakdown: What's Driving the Crypto Crash? appeared first on Cryptonews.
Analyst and trader Ali Martinez is warning that a bearish signal is flashing on Bitcoin (BTC) amid a correction that has seen the crypto king fall to a three-month low. Martinez tells his 128,800 followers on the social media platform X that a bearish divergence is evident on Bitcoin's weekly time frame.
Bitcoin (BTC) has declined by more than 10% in the last two weeks, falling from approximately $98,000 to around $86,000 at the time of writing. The high selling pressure has pushed the flagship cryptocurrency to oversold levels it had not seen since August 2024.
Strategy CEO Michael Saylor has caused some backlash on X after seemingly joking after seemingly joking about selling kidneys following Bitcoin's massive crash below the $80,000 level.
Bitcoin's (BTC) price has hit a three-month low, reversing its post-election gains following Donald Trump's victory.
The Crypto Fear & Greed Index has dropped to 10, its lowest point since June 2022, as investor sentiment deteriorates.
Michael Saylor, the executive chairman of Strategy (MSTR), has a message for his followers saying “Sell a kidney if you must, but keep the Bitcoin”. Of course, Saylor has been joking in a light mood as Bitcoin price crashes under $80,000 earlier today, while requesting investors to hold with diamond hands.
Friday has come around again which means another Bitcoin options expiry event, and this one is the end of the month, so slightly larger.
Bitcoin price continues to drop to its lowest point in months as a result of Trump's recent tariffs announcement.
The breakout and re-test play has its roots in behavioral aspects of trading and investing.
MetaMask, the leading self-custodial Ethereum wallet, has unveiled major updates to improve user experience and security. Announced at ETHDenver, these upgrades introduce smart contract capabilities, transaction batching, and expanded blockchain support.
Bitcoin fell to a 3.5-month low on Friday, dropping over 5% to $79,666, marking its first dip below $80,000 since November. The decline comes amid growing investor concerns over U.S. trade policies, a lack of fresh crypto-friendly regulations, and a massive $1.5 billion hack targeting rival cryptocurrency Ethereum.
China maintains strict crypto regulations while embracing blockchain, banning trading but building infrastructure. However, with Hong Kong offering regulated crypto markets, a potential loophole is emerging.
Michael Saylor, co-founder and executive chairman of MicroStrategy, recently revealed his visit to the US Financial Services Committee, where he discussed digital assets and the countrys path to global leadership in crypto. During the meeting, he presented the Digital Assets Framework, Principles, and Opportunity document, outlining clear definitions and compliance measures for various digital assets.
Michael Saylors Bitcoin-focused firm, Strategy, is on the verge of a historic milestone, nearing 500,000 BTC holdings. As of Feb. 23, 2025, the company holds 499,096 BTC, acquired for approximately $33.1 billion at an average price of $66,357 per Bitcoin.
Texas is moving closer to becoming a leader in state-backed cryptocurrency reserves after the Senate Business and Commerce Committee unanimously passed Senate Bill 21 with a 9-0 vote. The bill now heads to the full Senate for further consideration, signaling growing state-level interest in Bitcoin as a financial asset.
A large volume of dormant Bitcoin (BTC) has recently been activated, sparking speculation about potential market impact. According to CryptoQuant analyst Martuun, 8,007 BTC, aged between three to five years, have been moved on-chain.
Standard Chartereds top crypto analyst, Geoffrey Kendrick, remains bullish on Bitcoin despite its recent downturn. He predicts Bitcoin could reach $500,000 before the end of Donald Trumps presidency, with a $200,000 target for this year.
The crypto market crash has burnt the pockets of investors and traders by a significant extent. This has resulted in the market cap sinking by 6.15% to $2.64 trillion. The fall was mainly catalyzed by Donald Trump's proposed tariffs and the global trade war.
Despite Bitcoin's recent drop stirring concern among investors and pushing the Fear and Greed Index to extreme fear levels, similar to the aftermath of the FTX and Terra crashes, Geoffrey Kendrick, head of digital asset research at Standard Chartered, remains optimistic about the cryptocurrency's future.
The on-chain analytics firm Glassnode has broken down which Bitcoin investor cohorts sold at the biggest loss during the latest price crash. Recent Bitcoin Buyers Have Combined Realized $2.16 Billion In Loss Recently In a new post on X, Glassnode has discussed what the capitulation event triggered by the Bitcoin price crash has been like.
Crypto markets have continued to dump this week, with further losses on Friday sending markets to a 16-week low.
Bitcoin has experienced a sharp decline in price this week, dropping from $95,700 to below $80,000. The crypto king's recovery seems uncertain, as large wallet holders, known as whales, have capitalized on the price dip, selling a substantial amount of their BTC holdings.
Spot Bitcoin exchange-traded funds in the United States continued their outflow streak on Feb. 27 as Bitcoin tumbled under $80k, driving a risk-off sentiment across the broader crypto market.
Master Ventures founder Kyle Chasse says Bitcoin needs to find genuine buyers, not hedge funds, who “don't care about Bitcoin” and are just chasing “low-risk yield.”
Bitcoin has faced a challenging market environment, with its price remaining below $88,000 and registering a 10.1% decline over the past two weeks. This significant downturn has been marked by considerable selloffs and a lack of upward momentum.
Bitcoin's drop below $80,000 comes as ETF outflows surge and macro pressures mount. But how does the current dip stack up against the past?
Bitcoin has fallen below $80,000 for the first time since November, erasing gains made since Donald Trump's election amid growing concerns over proposed tariffs. According to crypto.news price tracker, Bitcoin (BTC) has dropped to the $79,800 range on Feb.
MetaMask will expand from Ethereum Virtual Machine chains for the first time in May when it will add support for Solana, while Bitcoin will also be integrated in the third quarter.
The crypto wallet also vowed to improve user experience with new updates such as gas abstraction and multiple SRPs.
According to data provided by CoinGecko, the price of Bitcoin, the largest cryptocurrency, has crashed to $79,276, the lowest level since November.
February 28, 2025 05:46:55 UTC What Happened To Crypto Today? Bitcoin (BTC) fell below its 200-day simple moving average (SMA) on Friday, marking a 16% weekly loss and briefly dipping below $80,000 for the first time since November 10. The decline was fueled by renewed concerns over U.S. tariffs, which boosted demand for the U.S.
MetaMask is set to launch a key update that will bring smart contract capabilities and provide native support for Bitcoin and Solana networks. The announcement, made on Feb.
Today, approximately $5.79 billion worth of Bitcoin (BTC) and Ethereum (ETH) options are due to expire.
Bitcoin (BTC) is currently trading below key demand levels after losing the $90K mark earlier this week. The price has tagged fresh lows, and bulls have lost control as the market faces intense selling pressure.
Standard Chartered predicts Bitcoin could reach $200,000 this year and $500,000 by the end of Trump's second term.
Bitcoin price took a dip under $80,000 earlier today in yet another crypto market crash while top altcoins like Ethereum (ETH), XRP, Solana (SOL), Dogecoin (DOGE) corrected 8% each in this market fall. There's an absolute bloodbath on the Satoshi Street with BTC and other digital assets extending weekly losses to more than 20-25%.
Bitcoin's decline deepened during Asian trading hours on Friday, with the cryptocurrency dropping below $80,000 for the first time in three months. The post Bitcoin Drops to Three-Month Low Under $80K, Erasing All Trump Election Gains appeared first on Cryptonews.
Bloodshed in the crypto market doesn't seem to be stopping as nearly $700 billion has been wiped out. In the past eight days, Bitcoin has fallen from $99,000 to $79,000, losing all the gains it made from the hype around President Trump's pro-crypto policies.