Economists are warning a “nightmare” scenario for the Fed could be about to hit the price of bitcoin
On Monday, Michael Saylor, CEO of enterprise analytics firm Strategy (formerly Microstrategy), revealed the company procured 20,356 Bitcoin for $1.99 billion. Michael Saylor's Strategy Adds 20,356 Bitcoin to Portfolio Amid Market Fluctuations The transaction marks Strategy's latest expansion of its cryptocurrency portfolio since its prior $8 billion purchase on Feb. 10.
Bitcoin (CRYPTO: BTC) is poised to reach $180,000 by the end of 2025, according to a prediction from Grok 3, an AI developed by xAI, driven by growing institutional adoption and potential U.S. strategic reserve status. What Happened: The analysis, prompted by Strategy (NASDAQ:MSTR) executive chairman Michael Saylor's query on X on Sunday about the best crypto asset, positions Bitcoin as the dominant cryptocurrency in a $3.23 trillion market.
In a new research report shared on X, Joe Consorti, Head of Growth at Theya, has dispelled ongoing rumors alleging that the Bitcoin price is being artificially held down. Consorti lays out a comprehensive examination of on-chain data, pointing to the normal cyclical behavior of long-term holders (LTHs) and their profit-taking patterns as key drivers of bitcoin's current trading dynamic.
Bitcoin, the leading cryptocurrency, is facing a period of market uncertainty, according to recent data from CryptoQuant. In a report released on February 23, 2025, analyst “Avacado onchain” highlighted that Bitcoin's price has been trapped in a range between $90,000 and $106,000 for several weeks.
In a tweet published just now, the tireless leader of Strategy (formerly known as MicroStrategy) Michael Saylor announced that his company has successfully completed a security offering that helped them raise a mind-blowing $2 billion from investors. He shared a fresh press release issued by the company.
The MicroStrategy rebranded Strategy has closed a $2 billion bond selling round on Friday, the company said.
The latest bitcoin acquisitions follow the completion of Strategy's latest $2 billion zero-coupon convertible note offering.
Now, the business's Bitcoin holdings have increased to 9 BTC. The rising profile of cryptocurrencies in business was one factor that prompted HK Asia's board to buy Bitcoin initially.
The leading coin, Bitcoin, has been trading within a narrow range since the beginning of February. It has struggled to break out of consolidation as both buying and selling pressures remain subdued.
Strategy has acquired 20,356 BTC for ~$1.99B at ~$97,514 per bitcoin and has achieved BTC Yield of 6.9% YTD 2025. As of 2/23/2025, the company hodl 499,096 $BTC acquired for ~$33.1 billion at ~$66,357 per bitcoin.
Bitcoin is evolving in an almost critical equilibrium zone. Usually subject to marked fluctuations, the asset has recorded historically low implied volatility in recent days, a situation that is as intriguing as it is worrying for analysts.
Strategy's stock dropped 7.48% to $299.69, reflecting market volatility despite long-term optimism.
Cardano (ADA) began the week on a bearish note, slipping almost 10% in under 24 hours amid a broader crypto market downturn following fears of a $1.5 billion Bybit hack and lackluster on-chain activity.
The $2 billion note offering is part of Strategy's “21/21 Plan,” targeting $42 billion in capital over the next three years.
Montana's attempt to top up its coffers with Bitcoin (BTC) was thwarted on Feb. 21 when the state's House of Representatives voted against a bill that would have made the world's oldest and most valuable digital currency a state reserve asset.
Bitcoin has dipped below the 100-day moving average at $98K, approaching the key $95K support level. However, low trading activity suggests a lack of strong momentum, making further short-term consolidation likely.
TL;DR This week's key economic events include the Consumer Confidence Report, housing market data, Nvidia's earnings, US GDP report, PCE inflation report, and multiple Fed speeches. Strong economic data could boost Bitcoin's value by encouraging investors to take on more risk, while weak data or high inflation could lead to increased market volatility.
El Salvador, the first country to accept Bitcoin as a legal tender, has paused its BTC purchases, shocking the entire crypto community. Despite the country's commitment to buying one token of the biggest cryptocurrency in the market daily, it has stopped the process amid pressure from the International Monetary Fund (IMF) 's $1.4 billion loan.
The 45% drop of Solana against Bitcoin is certainly not the most expected event of 2025. Solana plummeted massively on its own, but Bitcoin's dominance rise is an important signal that suggests liquidity outflow from the market.
Bitcoin's network activity has declined, reflecting weaker investor sentiment. With transaction volume shrinking, BTC faces a crossroads—will it rebound or enter a prolonged consolidation phase?
Bitcoin's (CRYPTO: BTC) sideways movement over the past week has prompted analysts to look at macroeconomic influences and historical patterns for indicators of the next move. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bitcoin (CRYPTO: BTC) $95,712.56 $1.89 trillion -0.5% -0.5% Ethereum (CRYPTO: ETH) $2,687.27 $324 billion -4% -2.1% XRP (CRYPTO: XRP) $2.47 $143.5 billion -3.7% -7.4% Trader Notes: In a podcast from Feb. 21, Cowen noted that Bitcoin is stuck in a broadening wedge, waiting for a strong catalyst.
The cryptocurrency market is facing another decline, with its total market cap dropping by 2%, wiping out $40 billion in the past 24 hours. This decline has kept major cryptocurrencies like Bitcoin and Ethereum struggling to gain momentum.
Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.
TL;DR 10x Research reveals only 44% of U.S. spot Bitcoin ETF inflows are intended for long-term investments, with the remaining 56% driven by short-term trading strategies like arbitrage. Arbitrage strategies dominate inflows, with investors profiting from price discrepancies between spot Bitcoin and Bitcoin futures.
The US spot Bitcoin ETFs registered the second consecutive week of cash outflow amid low volatility and a Gold price surge.
HK Asia Holdings (HK1723) announced a purchase of Bitcoin through a series of transactions on an open market crypto exchange platform on 20 Feb. The company acquired approximately 7.88 BTC at an aggregate consideration of HK$5,936,906.26 (US$761,705.07, excluding transaction costs), financing the investment exclusively with internal resources.
Crypto ETPs saw $508 million in outflows last week, with Bitcoin ETFs losing $571 million. XRP funds recorded $38 million in inflows as investor sentiment remained cautious.
Bitcoin drops below $95K after $1.4B ByBit hack. Can BTC recover amid US Dollar weakness and trade policy concerns? Key levels to watch. The post Bitcoin Drops Below $95K After $1.4B ByBit Hack: Will It Rebound? appeared first on Cryptonews.
Bitcoin continues to consolidate near $96,000, facing resistance below $100,000 while maintaining support above $94,000, as technical indicators present mixed signals amid declining trading volume.
The Montana recently rejected the bill HB429, which provided for the creation of a strategic reserve in Bitcoin for the State.
Another Bitcoin reserve bill has been introduced in Georgia to allow the state treasurer to invest in Bitcoin without limits, only 10 days following the first bill's submission.
Cryptocurrency analyst James Van Straten shared his optimistic perspective on Bitcoin's (CRYPTO: BTC) ongoing market consolidation on Saturday, describing it as “bullish.” What Happened: In an X post, Van Straten noted that, unlike the choppy period of 2024, Bitcoin's price has consistently stayed above the Short-Term Holder Realized Price in the current cycle.
Last week, HK Asia Holdings Limited, a Hong Kong-based investment company, officially entered the league of the public companies, which follows a Bitcoin investment strategy. Since February 16, the day when the company purchased its first BTC, the share price of HK ASIA HLDGS LTD has surged by 103.13%.
US state Georgia introduced a second Bitcoin reserve bill. The bill aims to allow the state treasurer to invest in Bitcoin without restrictions.
Big losses are evident from many larger-cap alts today.
After the market-wide cryptocurrency bull run kicked off in November 2024, the upward trajectory of Bitcoin (BTC) stalled out in late December.
Jason Lowery recently made bold predictions on Bitcoin's price based on emerging proof-of-work theories. In a tweet that has not yet been deleted, Lowery noted that the market is still in the early stages of grasping the computer science behind reusable proof-of-work networks.
The S&P 500 fell 1.71% on Friday, equating to a loss of nearly $900 billion. At the same time, the Nasdaq decreased 2.2%, which meant up to 650 billion was wiped off of this exchange.
Montana's House Bill No. 429, which sought to establish a state-backed Bitcoin reserve, has failed to move forward after a crucial vote in the state's House of Representatives. The bill was rejected by a 41-59 vote on February 22, dealing a significant blow to efforts to integrate Bitcoin into state financial reserves.
Investors are seeking the next best chances that might lead the forthcoming bull run as Bitcoin (BTC) keeps claiming supremacy in the crypto industry. Among them, Rexas Finance (RXS) is the most outstanding competitor, as its exponential expansion and creative ecosystem positioning qualify it as a top alternative for investors.
Bitcoin, the largest cryptocurrency has been stuck in a tight range between $93,000 and $100,000 for nearly the last three weeks, showing no clear direction. Perhaps Crypto analyst CrypNuevo has shared his latest insights, highlighting key levels that could determine Bitcoin's next move. With a key U.S.
Pi Network has gained notable traction from the market participants since its mainnet launch last week. Notably, the crypto has also made headlines due to major listings from multiple exchanges and other key developments.
In September 2021, El Salvador began its Bitcoin experiment. It adopted Bitcoin as legal tender.
HK Asia Holdings Limited has announced a further investment in bitcoin, purchasing approximately 7.88 BTC for around $761,000 on February 20, 2025. This decision follows a previous investment disclosed on February 16, 2025, and brings the company's total Bitcoin holdings to approximately 8.88 BTC, with an average cost of about $97,000 per unit.
The US State of Montana saw its House of Representatives reject the idea of a Bitcoin Reserve bill. Several other state governments have ventured into crypto with passing bills on digital assets' investments.
The cryptocurrency market has experienced another downturn, with top cryptocurrencies Bitcoin and Ethereum facing challenges in sustaining their momentum. Currently, the Bitcoin (BTC) price is around the significant $95k mark while Ethereum (ETH) is struggling to surge past $2,800.