Ethereum (ETH) dipped under $2,000 on a mix of bearish attitudes, whale selling and attacks against long positions.
As of 4:35 p.m. ET on March 4, 2025, bitcoin commanded a valuation of $88,165, boasting a market capitalization of $1.72 trillion and a 24-hour trading volume of $69.81 billion. The digital asset oscillated between an intraday trough of $81,463 and a peak of $88,825, reflecting a market teetering between hesitation and ambition.
El Salvador buys another 1 BTC to strengthen Strategic Reserve
Ripple's XRP is currently at a crucial crossroads in the market, with two potential outcomes that could determine its future direction. After a significant surge followed by a sharp drop, XRP is now battling to hold the $2.00 psychological level, while traders and analysts closely monitor its next moves.
Are longtime holders gearing up to sell? Some $22 million worth of Bitcoin just moved from a half-dozen wallets after 14 years.
Solana (SOL) is down more than 16% in the last 24 hours, with its market cap slipping below $70 billion as selling pressure intensifies. The sharp decline follows its recent rally to $178 after being added to the US strategic crypto reserve.
The Bitcoin volmex implied volatility 30-day index further a four-day green streak, marking spot price swings as Trump's tariffs rocked markets.
The addresses were controlled Iranian national Behrouz Parsarad, the alleged administrator of the Nemesis darknet marketplace.
With the remarkable Bitcoin volatility, and after briefly surging earlier this week before dropping again. Is a Bitcoin price surge expected ahead of or after the upcoming White House Crypto Summit?
A clause in the country's recently-completed IMF financing deal suggested a prohibition against El Salvador accumulating any additional bitcoin.
BlackRock also said that there isn't enough room for every U.S. millionaire to accumulate 1 BTC.
The network's planned upgrades are sparking debate amid concerns over validators' revenues.
Coinbase co-founder and CEO Brian Armstrong believes the US crypto strategic reserve recently announced by President Donald Trump should exclusively consist of Bitcoin (BTC). On the social media platform X, Armstrong says having “just Bitcoin” in the US crypto strategic reserve “would probably be the best option.
Widely followed quant analyst PlanB says Bitcoin's (BTC) latest correction is now raising questions as to whether its bull cycle is on the verge of ending.
Pierre Rochard, vice president of research at Bitcoin mining giant Riot Platforms, has opined that XRP is not a security despite many critics of the controversial tokens claiming otherwise.
As bitcoin holds steady above the $88,000 threshold, Michael Saylor's Strategy (formerly Microstrategy) maintains a 29% gain on its extensive BTC holdings. Meanwhile, MSTR shares have climbed more than 11% over the past week, defying the broader downturn in the crypto sector.
The US manufacturing PMI has entered expansion mode for two months in a row, setting the stage for a positive reversal in the business cycle.
Bitcoin's price has surged above $88,000 despite ongoing market uncertainty fueled by escalating trade tensions between the United States and Canada. However, the cryptocurrency market remains volatile as investors react to President Donald Trump's latest tariff measures, which have triggered a series of retaliatory actions.
Cryptocurrency markets have bounced back into the green on Tuesday, recovering from earlier losses as excitement builds ahead of the crypto summit on Friday. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,881.40 +2.5% Ethereum (CRYPTO: ETH) $2,167.42 +2.3% Solana (CRYPTO: SOL) $143.26 +0.6% XRP (CRYPTO: XRP) $2.49 +5% Dogecoin (CRYPTO: DOGE) $0.2003 +0.09% Shiba Inu (CRYPTO: SHIB) $0.00001308 +1.1% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 32.8% and daily active addresses growing by 20.4%.
Solana (SOL) is facing a period of uncertainty, with several factors influencing its price action and market sentiment. A recent event has raised eyebrows in the crypto community: FTX/Alameda's large-scale unstaking of 3.03 million SOL, worth around $432.5 million.
Cardano (CRYPTO: ADA) has surged 40% in seven days, fueled by its unexpected inclusion in the proposed crypto strategic reserve and strong on-chain activity. Traders and analysts are now looking for further upside momentum.
Ethereum (ETH), the world's second-largest cryptocurrency, seems to be struggling and is poised for a massive price drop due to a notable decline in the past 24 hours. On March 4, 2025, with a 12% price drop, Ether has breached one of its crucial support levels, which it had been holding since December 2023.
A well-known market analyst believes Bitcoin is on track to reach new highs this year. Tom Lee, the co-founder of Fundstrat Global Advisors, expects the cryptocurrency to do “better than $150,000” by the end of 2025.
The telecom and retail tycoon now holds most of his liquid assets in cryptocurrency, a substantial increase from previous allocations.
The White House's “Crypto Czar” David Sacks says he sold all of his crypto, including Bitcoin (BTC), Ethereum (ETH) and Solana (SOL), before the start of Donald Trump's presidency. Sacks says he also owned a $74,000 position in a Bitwise exchange-traded fund, which he sold on January 22nd, two days after Trump's inauguration.
The market reacted with a classic "buy the rumor, sell the news" move after Trump's crypto reserve announcement.
Coldware (COLD) has proven itself as a leader in integrating real-world applications with blockchain technology. Its Web3 mobile platform not only offers decentralized finance solutions but is also a frontrunner in driving climate control initiatives.
The CEO of the recently hacked crypto exchange Bybit says that North Korean hackers have converted 417,348 stolen Ethereum (ETH) into Bitcoin (BTC). According to Bybit CEO Ben Zhou, North Korean state-sponsored hackers stole approximately $1.4 billion in ETH from Bybit, bridging a significant portion of the assets to Bitcoin.
In a recent interview with CNBC, Michael Saylor, co-founder of Strategy, reiterated his bullish outlook on Bitcoin (BTC), predicting the cryptocurrency could reach a staggering $200 trillion market cap. Saylor Forecasts $10 Million Per Bitcoin Currently valued at about $2 trillion, Saylor believes Bitcoin's trajectory will see it grow to $20 trillion and eventually hit the $200 trillion mark, translating to an approximate price of $10 million per BTC based on its capped supply of 21 million coins.
Crypto's accumulation score can be indicative of where it might be heading next.
Ethereum price briefly dipped under $2,000 for the first time in over a year as on-chain data points to a gloomy future. Pundits say Ethereum could be on a death march toward $1,000 in a steep decline that has left speculators scratching their heads.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
Cryptocurrency exchange Bybit has formally requested that Paraswap DAO return 44.67 ETH (approximately $114,000) in transaction fees collected when the platform's $1.4 billion hacker used the DEX to swap stolen funds. According to Bybit's proposal, the fees were generated when North Korea's Lazarus Group swapped stolen stETH for ETH using Paraswap.
Bitcoin Magazine Bitcoin And Africa: Why Not Strategic Beef Reserve? African nations very frequently hold strategic stores of commodities, a reserve of Bitcoin could be a more functional strategy. This post Bitcoin And Africa: Why Not Strategic Beef Reserve? first appeared on Bitcoin Magazine and is written by Heritage Falodun.
The crypto market is witnessing a fresh cascade of liquidations as President Trump's tariff threats become reality. Trump has officially implemented 25% tariffs against both Canada and Mexico, triggering a 500 point drop in the Dow, alongside small drops in the Nasdaq and S&P 500.
Blockstream, a provider of Bitcoin-powered financial infrastructure, has secured billions of dollars in investment as it prepares to launch its crypto lending funds.
The largest asset manager in the world says there is not enough Bitcoin (BTC) to meet the demand from American billionaires. In a new report titled “Why bitcoin? A perspective from model portfolio builders,” BlackRock analysts Michael Gates and Brett Wager details how Bitcoin is inelastic to demand, unlike gold.
While Bitcoin‘s recent upward movements were quite remarkable after struggling with bearish pressure for weeks, the flagship asset's uptrend was short-lived, leading to a pullback to the $85,200 threshold. During the fluctuating performance, investors seem to have lost interest in BTC as there was no sign of accumulation.
Even miners selling high-performance computing to AI models are under strain, according to JPMorgan analysts.
The cryptocurrency sector, often unified in its push against traditional financial systems, is facing a deepening rift over President Donald Trump's proposal to create a U.S. strategic reserve of digital assets. What Happened: Unveiled in early March, the plan as ignited fierce debate over its implications for fiscal responsibility, economic equity, and the very ethos of the crypto movement.
Bitcoin (BTC) has recently experienced a volatile market phase, marked by a brief rally followed by a sharp decline. As the market fluctuates, analysts are predicting that Bitcoin may remain stuck within the $80,000 to $100,000 range for a few months before any significant breakout to the upside.
Bitcoin (BTC) is on track to blow past $150,000 target this year, says veteran crypto market commentator Tom Lee.
The International Monetary Fund (IMF) is halting El Salvador's public sector's Bitcoin purchases as part of the recently approved $1.4 billion loan deal. The fund highlighted its demands in an extended agreement under the Extended Fund Facility for El Salvador, which included a statement from the IMF Executive Director for El Salvador and a staff report.
President Donald Trump in what some have dubbed “The Trump Effect,” caused a 7.28% slump in crypto markets on Tuesday after confirming that the U.S. will slap a 25% tariff on nearly all Canadian and Mexican imports.
The XRP price has retraced and lost the gains it recorded from its Sunday rally following Trump's announcement that the crypto would be included in the crypto strategic reserve. Following this price correction, crypto analyst Trade City has key support levels that could determine XRP's future trajectory.
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XRP's price climbed 30% on Sunday after President Donald Trump announced its inclusion as part of the coins that make up his proposed cryptocurrency reserve. According to on-chain data, this announcement drove the altcoin into overvalued territory.
President Donald Trump sparked a crypto firestorm on Sunday after his posts on the Truth Social platform referenced a U.S. crypto reserve for the world's biggest economy.