Bitcoin is often said to be a kind of “digital gold” due to its scarcity, with its supply capped to a maximum of 21 million coins that will ever be produced.

Bitcoin's price may bottom around $70,000 as short-term holders who bought near the all-time high drive selling pressure amid recession fears.

Unhappy days are here again for Bitcoin (BTC 0.71%) owners. The cryptocurrency's price has plunged roughly 24% after hitting an all-time high earlier this year.

Ethereum-to-bitcoin ratio hits lowest level since 2020, as four-year CAGR goes negative.

Bitcoin (BTC) bounced back to around $82,000 after dropping below $78,000 on Sunday, sparking a small rally in major tokens. Ether (ETH), BNB, XRP, and Cardano's ADA rose by up to 3%, helping to recover some losses from the past week.

An analyst has explained how a moving average (MA) that has historically served as the boundary for bear markets is situated at this level. Bitcoin 50-Week MA Is Currently At $75,195 In a new post on X, analyst James Van Straten has shared a couple of important MAs related to Bitcoin.

The legislation, which Lummis first proposed last year, seeks to codify President Trump's recent executive order. The order establishes a Bitcoin reserve for the U.S. government.

As Bitcoin hovers around $81,000, a massive transfer of nearly 12,000 BTC by the former defunct giant reignites speculation. Between the psychology of the players and invisible market mechanisms, a breakdown of a tremor that recalls the fragility of an ecosystem still marked by its ghosts.

Large holders of Bitcoin (BTC) have accumulated BTC worth hundreds of millions of dollars over the past week amid the crypto selloff, according to analytics platform Santiment.

Bitcoin (BTC) whales are back buying BTC while “panic” keeps smaller investors away, new research reports.Data from onchain analytics platform CryptoQuant shows sell-side pressure from Binance whales cooling. Bitcoin whales reset market approach Bitcoin at $80,000 is proving attractive for large-volume investors — or at least a poor-value selling proposition for those wishing to exit the market.

The bill proposes purchasing 200,000 BTC annually for five years. What are the potential implications of this on market sentiment and U.S. debt reduction?

Following US President Donald Trump's executive order establishing a Strategic Bitcoin (BTC) Reserve, Republican Senator Cynthia Lummis announced she would reintroduce her Reserve bill in the Senate to implement a BTC purchase program.

Metaplanet purchased 162 Bitcoin for $13.5 million and issued zero-coupon bonds to fund further Bitcoin acquisitions as it continues to transform from a budget hotel operator into a major corporate Bitcoin holder.

Cryptocurrencies price trends are showing significant movement, with Bitcoin price hovering around $81k after a slight recovery of 5% yesterday. This comes after a notable price correction in the past few days.

Bitcoin has once again made a strong comeback, reclaiming the $80,000 level after dipping to a four-month low. This recovery has brought fresh optimism among investors, but uncertainty still lingers as key U.S. CPI data is expected to come on March 12.

Pro-crypto Senator Cynthia Lummis has revived legislation that establishes a strategic Bitcoin reserve and implements a BTC purchase program.

Japanese hotel developer and bitcoin treasury firm Metaplanet is borrowing ¥2 billion or roughly $13.5 million to buy more bitcoin (BTC). The company posted the announcement via its X account on Tuesday evening. Metaplanet currently owns 2,888 BTC and recently implemented a strategy that will see it purchase 21,000 bitcoin by 2026.

The Japanese hotel company has acquired more bitcoin and issues zero-interest bonds.

Bitcoin rebounds above $83K as Trump's crypto reserve proposal fuels investor optimism. Will BTC break resistance at $83,800, or face another selloff? The post Bitcoin Bounces Back to $83K – Will It Smash Resistance or Face Rejection? appeared first on Cryptonews.

A bitcoin at $70K? Nothing to faint over!

Bitcoin's price has continued its gradual decline, now trading just above $81,000, marking a significant drop from its all-time high (ATH) in January. At the time of writing, BTC stands at $81,086, reflecting a 1.7% increase in the past 24 hours but still showing a 2.3% decrease over the past week.

Mt. Gox, the cryptocurrency exchange that filed for bankruptcy after a massive hack in 2014, moved 11,501 Bitcoin, worth around $905 million, to an unmarked wallet on March 11, 2025.

The crypto market is finally seeing relief after a tough start to the week, thanks to key political and economic changes. With the changing microeconomic trend, the crypto market quickly added $89 billion, hitting $2.61 trillion, with $2.63 trillion as a key resistance level.

A Bitcoin BTC miner using a compact and inexpensive rig has pulled off a rare success, solving a block and securing a $263,000 reward.

Gains in BTC came as Senator Cynthia Lummis reintroduced the BITCOIN Act, pushing for the U.S. to scoop up 1 million BTC as a strategic reserve.

Metaplanet has purchased 162 Bitcoin, bringing their total holdings to 3,050 BTC. This is the first time Metaplanet's crypto investments have surpassed the 3,000 BTC mark.

The market has likely moved past the narrative that a pro-crypto President is beneficial for the industry, with macro correlations now driving the market.

Bitcoin has plunged to $76,700, marking its lowest level in four months amid global economic turmoil. Indeed, the 30% drop from its all-time high of $109,350 has reignited discussions about a possible trend reversal, as some observers question the sustainability of the bullish cycle.

BitMEX co-founder Arthur Hayes thinks downside continuation is possible for Bitcoin (BTC) even after witnessing a 24% correction from its all-time high.

Earlier in the week, Bitcoin (BTC) briefly plunged to a four-month low of under $77,000, giving gold advocate Peter Schiff another opportunity to ridicule crypto holders.

Fixed trading hours for crypto derivatives might soon be eliminated.

Bitcoin price today has surged remarkably after the latest downtrend. Is the BTC price surge today temporary or permanent?

Japanese public company Metaplanet has announced another debt offering to Evo Fund of 2 billion yen ($13 million).

A wave of short-term holder capitulation is now driving Bitcoin's price lower, reinforcing bearish pressure, analysts at Glassnode warn.

Bitwise announced the launch of the Bitcoin Standard Corporations ETF (OWNB), targeting firms with large BTC holdings.

According to crypto entrepreneur Arthur Hayes, Bitcoin (BTC) is likely to bottom around $70,000, marking a 36% correction from its latest all-time high (ATH) of $108,786. Hayes stated that such corrections are “very normal” in a bull market.

Starknet plans to use Bitcoin as a settlement layer alongside Ethereum, aiming to connect the two largest blockchains on a single layer 2 network. The Starknet Foundation's Bitcoin roadmap, published on Mar.

Bitcoin buyers who purchased around when it hit a $109,000 all-time peak in January are now panic-selling as the cryptocurrency declines, says onchain analytics firm Glassnode, which isn't ruling out that Bitcoin could slide to $70,000.Glassnode said in a March 11 markets report that a recent sell-off by top buyers has driven “intense loss realization and a moderate capitulation event.” Short-term holders fled as Bitcoin dropped from peak The surge in buyers paying higher prices for Bitcoin (BTC) in recent months is reflected in the short-term holder realized price — the average purchase price for those holding Bitcoin for less than 155 days.

On-chain data shows that Bitcoin miner exchange inflows have shot up recently, something that could extend BTC's price drawdown. Bitcoin Miner To Exchange Flow Metric Has Seen A Spike As pointed out by an analyst in a CryptoQuant Quicktake post, miners are upping their selling pressure.

Metaplanet, also popular as Japan's MicroStrategy, announced a fresh purchase of 162 bitcoins for an investment value of $13.5 while buying the recent BTC dips. The announcement sent the stock price 8% higher past 3,500 JPY levels on Wednesday's trading session.

Japan's Metaplanet expands its Bitcoin holdings to 3,050 BTC with a $13.5M purchase during the market dip. The post Japan's Metaplanet Buys The Dip, Scoops Up 162 BTC Worth $13.5M appeared first on Cryptonews.

The cryptocurrency market, led by Bitcoin (BTC) and Ripple Labs' XRP, experienced a mild recovery in the past 24 hours after a heavy capitulation earlier this week. In the past 24 hours, Bitcoin price gained around 2 percent to trade at about $81.6k on Wednesday, March 12, during the early Asian session.

Metaplanet announced today that it has purchased an additional 162 BTC, bringing its total holdings to 3,050 BTC.

Metaplanet Inc. is making waves with its latest Bitcoin acquisition, further solidifying its position in the digital asset space. As part of its ongoing Bitcoin Treasury Operations, the company acquired 162 Bitcoin at an average price of 12,393,669 yen per Bitcoin, totaling a whopping 2.008 billion yen.

Bitcoin continues to face challenges in regaining upward momentum, with the cryptocurrency still trading below $82,000 as of today. The asset remains 25.1% below its all-time high of $109,000, recorded in January.

Crypto Market Today (March 12): Bitcoin (BTC) price regained an upward trajectory after a bloodbath, briefly touching $83K as of early Asian hours on Wednesday. Major-league altcoins such as XRP, Solana (SOL), and Ethereum (ETH) have followed, surging 1%-7% intraday.

Metaplanet has issued ¥2 billion ($13.3 million) through a zero-interest bond to increase its Bitcoin holdings. According to the company's announcement, the bonds were approved on Mar. 12 and will mature on Sep. 11, 2025.

Bitcoin has clocked a 7% gain over the past 24 hours despite all of its valuation metrics leaning bearish and US demand recently waning off.“All Bitcoin valuation metrics indicate that we are in bearish territory,” onchain analytics platform CryptoQuant said in a March 11 markets report viewed by Cointelegraph.