On-chain data shows the number of Bitcoin loss addresses has shot up following the cryptocurrency's dive toward $87,000. Bitcoin Market Delivered Shock As Price Plummets 7% In Past Day Bitcoin had already been following a bearish trajectory during this month, but it appears the asset's decline has seen an acceleration in the last 24 hours as its price has dropped by more than 7%.
Michael Saylor's Strategy, formerly known as MicroStrategy, is facing one of its biggest tests yet has tumbled by more than 55% since the year started in the stock market, per data from Google Finance.
Bitcoin has dropped to its lowest point since 2025, breaking below a significant sideways channel and suggesting that there may be more downward pressure. Bitcoin is currently trading at $88,835, having dropped by almost 3% over the last day and broken through the crucial $92,000 support level.
Bitcoin is trading below key demand levels after days of price compression between critical support and resistance zones. The long period of consolidation finally broke downward, with BTC losing the crucial $90K support and setting a fresh low at $86K.
Bitcoin's recent price drop below $90,000 has raised concerns in the market as it continues to struggle with momentum and key support levels. The flagship cryptocurrency is now testing its $87,041 support level, and failure to hold this could trigger a deeper decline toward $85,000, compounding the market downturn.
Coinbase, MicroStrategy, and other publicly traded firms saw sizable losses Tuesday as crypto and stock prices alike plummeted.
To get the latest market news check out finance.yahoo.com Crypto stocks sank across the board early Tuesday as bitcoin (BTC-USD) dropped below $90,000 for the first time since November. Crypto heavyweights Strategy (MSTR) and Coinbase (COIN) led the declines.
CNBC's Tanaya Macheel 'Fast Money' to talk Bitcoin sliding to a 3-month low.
American business intelligence and software firm Strategy (formerly MicroStrategy) is in the spotlight as its shares have dropped by over 55% from its November high. With the stock market and crypto ecosystem experiencing sustained drawdown, many are concerned that the Bitcoin stash of MicroStrategy is at risk of liquidation.
The calls for GameStop to add Bitcoin (BTC) to its balance sheet have peaked with one investor penning a letter to the company CEO to make the move. The letter urges the video game retailer to buy BTC with its cash reserves of nearly $5 billion.
GameStop is being pushed to put its money where the future is—Bitcoin. Matt Cole, CEO of Strive Asset Management, sent a letter on February 24 to Ryan Cohen, GameStop's chairman and CEO, asking the company to convert a huge portion of its $5 billion cash reserve into Bitcoin.
Market sentiment remains uncertain with bitcoin falling below $90,000 for the first time in a month, triggering over $200 million in liquidations.
CNBC's Tanaya Macheel joins 'Closing Bell' to discuss the bitcoin and crypto sell-off.
Bitcoin price tumbled to $86,050, its lowest since November, as inflation fears and Trump's tariffs overshadowed Michael Saylor's latest $2B purchase. Bitcoin (BTC) Plunges to Lowest Since November Despite Michael Saylor's Latest Purchase Bitcoin price collapsed to its lowest level in four months, crashing to $86,050 as traders reacted to inflation concerns and Trump's latest
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Bitcoin still has a lot of room to run, Bernstein analysts have said.
The cryptocurrency market plunged on Tuesday, with Bitcoin (CRYPTO: BTC) slipping below $88,000 and the global market cap retreating below the $3 trillion mark. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $87,679.28 -6.9% Ethereum (CRYPTO: ETH) $2,463.78 -7.2% Solana (CRYPTO: SOL) $143.94 -4.9% XRP (CRYPTO: XRP) $2.25 -6.7% Dogecoin (CRYPTO: DOGE) $0.2079 -6.8% Shiba Inu (CRYPTO: SHIB) $0.00001396 -2.3% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 52% and daily active addresses growing by 38.5%.
Funds which track the share price of Michael Saylor's Strategy have been sliding since last week as risk-off sentiment drags down crypto.
South Dakota rejected the Bitcoin reserve bill, deferring HB 1202. Volatility and lack of real-time use for Bitcoin are the major reasons behind the rejection.
Bitcoin whales move 26,430 BTC to known accumulation addresses as nearly $2 billion is liquidated from the total crypto market.
Stock analysts remain bullish on the stock's outlook, citing Strategy's ability to generate "Bitcoin yield".
On today's episode of CNBC Crypto World, crypto prices slide as investors assess risk assets. Plus, Sen.
Bitcoin is at a critical juncture in its market cycle, with key technical indicators pointing toward potential price corrections. The recent surge in Bitcoin's price has fueled optimism, but as the market pushes towards new highs, analysts are watching for signs of a mid-bull reset that could result in a price pullback.
Bitcoin traded at $86,473 at 2:25 p.m. ET on February 25, 2025, with a market capitalization of $1.72 trillion, a 24-hour trade volume of $98 billion, and an intraday price range between $85,953 and $94,587. Bitcoin BTC's hourly chart reflects significant downward momentum, with bitcoin recently hitting a high of approximately $96,492 before reversing sharply.
Bitcoin, the wavering king, falls below $90,000, wept over by runaway ETFs, drowned in a billion liquidated, against a backdrop of farcical Sino-American disputes.
Bitcoin Depot has strengthened its Bitcoin reserves with an 11.1 BTC acquisition, continuing its treasury strategy that began in June 2024 as the company views Bitcoin as a hedge against financial instability.
Bitcoin (BTC) trades at $86,930 on Tuesday. BTC price dropped below the $90,000 support level for the first time in over three months, generating a negative sentiment among traders.
Bitcoin price has experienced a sharp decline, causing concern among investors. The BTC price has dropped to $86,586, down 8.71% in the last 24 hours.
Montana lawmakers shot down a bill that would have enabled the state government to invest in Bitcoin (BTC) as a reserve asset. Forty Republicans and one Democrat in Montana's House of Representatives voted for the bill, but 41 Democrats and 18 Republicans rejected it.
Lawmakers from a second US state this week have rejected a bill proposing using Bitcoin (BTC) as an officially held state asset. South Dakota lawmakers voted on Tuesday to defer South Dakota HB1202, essentially putting down the proposal. The bill was deferred to the 41st legislation day of the 40-day session.
As the price of Bitcoin hovers at a three-month low, an investment bank analyst and noted entrepreneur warned that more pain lurks ahead.
A key Bitcoin price indicator is screaming “generational buy opportunity,” while several analysts encourage traders to zoom out and see the bigger picture.
The cryptocurrency market is facing significant downturns, with Bitcoin trading at critical levels around $89,000, a far cry from its $108,000 peak in January. The recent sell-off has triggered a wave of outflows from U.S. spot Bitcoin ETFs, marking the fifth consecutive day of withdrawals.
Eric Trump advised followers to "buy the dip" as Bitcoin slid below $90K, igniting debate over whether the downturn is tied to broader economic pressures, including tariffs and trade policies shaping market sentiment. The post Eric Trump Tells Followers to Buy the Dip Amid Bitcoin Drop appeared first on Cryptonews.
Digital assets markets are plummeting following Bitcoin's (BTC) loss of the $90,000 level and subsequent collapse to $86,141, triggering severe corrections in most altcoins as well. According to crypto data aggregator CoinGlass, there have been over $1.58 billion in liquidations in the last 24 hours, most of them leveraged long positions in Bitcoin.
Bitcoin tumbled below $90,000 to hit the lowest level since mid-November, as the rally that followed Donald Trump's election to the White House reverses amid a broader retreat from risky assets. Bitcoin dropped as much as 8.5%, the biggest intraday declined since August.
Bitcoin (BTC) kicked off the week on a bearish note, extending Monday's sharp decline into Tuesday.
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
BTC's price is down to a multi-month low.
Michael Saylor's Strategy secured an impressive $2 billion through a fundraising initiative aimed at accelerating the company's Bitcoin acquisition plans. This fundraising is part of a broader strategy to accumulate Bitcoin aggressively, with the ambitious goal of surpassing the 500,000 BTC milestone.
Bitcoin Magazine Voltage Aims To Bring Bitcoin's Lightning Network To Every Business In The World Voltage founder and CEO Graham Krizek continues to make Lightning more usable for companies. This post Voltage Aims To Bring Bitcoin's Lightning Network To Every Business In The World first appeared on Bitcoin Magazine and is written by Frank Corva.
The cryptocurrency market has crashed over 8.85% overnight with a trading volume of $187.56 billion. With this, the crypto-verse is now valued at $2.86 Trillion. Reportedly, the cryptocurrency market has wiped out over $260 billion in 36 hours, making it the worst-performing period of the year.
The firm known as “Asia's MicroStrategy” continues to accumulate Bitcoin despite the massive market slump.
Bitcoin Magazine The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium This post The University of Austin (UATX) Partners with the Texas Bitcoin Foundation, Bitcoin Policy Institute, Unchained, and Strive to Host the Satoshi Papers Symposium first appeared on Bitcoin Magazine and is written by Lana Miles.
As bitcoin dipped on Monday and into Tuesday, Peter Schiff—a vocal economic pundit and longtime BTC skeptic—leveraged the digital asset's decline to lob a critique at Strategy's Michael Saylor and the cryptocurrency's volatility.
Strive Asset Management CEO Matt Cole urged GameStop to adopt Bitcoin as a reserve asset, arguing that the move could redefine the company's financial strategy. In a letter sent to GameStop Chairman and CEO Ryan Cohen on Feb.
With the rise of cryptocurrencies, one question often arises: can one live solely on bitcoin? This is the challenge that Martin, a crypto-enthusiast adventurer, took on as he traversed Switzerland, paying exclusively in BTC.