Bitcoin, the world's largest cryptocurrency, took a hit on Monday, dropping to $83,191 after a week of losses. Traders are on edge as they wait for the U.S. Federal Reserve's interest rate decision, which is set to be announced this week.

According to Glassnode data, approximately 20% of Bitcoin's supply is currently at a loss.

A whale that has been dormant for 1.5 years has deposited 300 BTC to crypto brokerage FalconX alongside 1,050 BTC to two other wallets. According to data on SpotOnChain, an anonymous whale with $85.

Despite Bitcoin's 22% pullback from its all-time high, analysts argue that the bull cycle remains intact, viewing the downturn as a temporary shakeout rather than the start of a bear market.

Brazilian lawmakers are considering new legislation that would officially authorize employers to pay salaries to employees using cryptocurrencies like Bitcoin.Federal deputy Luiz Philippe de Orleans e Bragança has introduced a bill proposing regulation of crypto payments for wages, remunerations and labor benefits. Filed on March 12, the bill PL 957/2025 legalizes voluntary and partial salary payments in cryptocurrencies like Bitcoin (BTC) while also requiring employers to proceed with a part of the pay in the national currency, the Brazilian real.

The Bank of Korea now officially dismissed Bitcoin as a foreign exchange reserve due to inherent risk and volatile nature. The decision was made amid growing global interest in national Bitcoin reserves, led by the U.S. and other countries.

BNB is the top gainer today from the larger-cap alts.

Bitcoin (BTC) price closed last week with a bullish outlook after rebounding from a crucial support level of around $80k in the past few days. The flagship coin surged around 3 percent in the past week to trade about $83,720 on Monday, March 17, during the mid-London session.

Marla Maples, ex-wife of Donald Trump, publicly backed Roger Ver and called for his prosecution to be dropped.

Bitcoin fell 1.6% to $83,191.20 on Monday, extending last weeks 1% decline as investors turned cautious before the U.S. Federal Reserves interest rate decision on March 18-19. The Fed is widely expected to keep rates steady, but traders are watching for commentary on President Donald Trumps recent tariff policies and their potential impact on inflation and economic growth.

Bitcoin (BTC) has stabilized since last Tuesday, rebounding to its 200-day average above $84,000. However, a crypto whale placed a massive $445 million leveraged short on BTC via Hyperliquid, betting against the market while going long on the MELANIA token.

The Bank of Korea (BOK) has confirmed that it has never considered adding Bitcoin to its national reserves, citing concerns over its high volatility. According to a report by Korea Economic TV, the central bank does not view Bitcoin as meeting the necessary standards for inclusion.

For several weeks now, bitcoin has been swaying. A drop of 22% from its historical peak at $109,000 in mid-January is fueling doubts.

The Bank of Korea has rejected Bitcoin for its foreign exchange reserves due to volatility and liquidity concerns

Bitcoin's 3-6 month holders surge, signaling strong accumulation and hinting at a possible market rebound.

Since February 20, the Nasdaq Composite index has experienced a severe drop of 11.34%. During the same period, the Nasdaq 100 index has seen a significant decline of 10.94%. Interestingly, during this period, Bitcoin, known as digital gold, has witnessed a fall of 13.

UK man James Howells lost his final UK appeal to search a landfill for his hard drive containing 8,000 Bitcoin worth £769 million and now plans to take his case to the European Court of Human Rights.

Bitcoin could drop to the $20,000 price level, according to BTC critic Peter Schiff, if the broader US stock market collapses amid uncertainty.

North Korea's Lazarus Group currently holds 13,518 BTC, worth around $1.13 billion, according to data from Arkham Intelligence.

A Bitcoin whale on Hyperliquid has stirred discussions over the weekend after placing a massive $450 million short position on the top crypto. Over the weekend, the trader opened a highly leveraged short position in BTC perpetual futures that was initially valued at over $300 million.

With over $10 billion in open interest wiped out in just two months, the Bitcoin landscape has experienced a significant reboot, and analysts are predicting that the price of the flagship crypto will soon recover. The abrupt change has prompted discussions regarding the cryptocurrency's future price trajectory.

Bitcoin ETFs have seen five consecutive weeks of outflows totaling $5.4 billion as investors respond to price declines and seek alternatives in other cryptocurrencies.

A crypto whale has placed a $445M short position on Bitcoin while betting on the MELANIA token, sparking a failed coordinated effort by traders to liquidate the position.

The Bank of Korea said that Bitcoin does not meet the International Monetary Fund's criteria for foreign exchange reserves.

Bitcoin loses 32% against gold as Jason Calacanis calls for a "better Bitcoin" replacement.

According to livecoins, the proposal seeks to regulate salary payments in “digital assets”, including Bitcoin and other cryptocurrencies. Presented by Orleans e Bragança (PL/SP), a descendant of Emperor Dom Pedro II, the bill aims to regulate salaries.

The IMF emphasizes the importance of prudently managing liquidity, market, and credit risks — criteria that bitcoin, with its erratic nature, does not satisfy.

Bitcoin has been going through big price swings, recently dropping below $77,000 before bouncing back to around $83,000. These moves have been caused by regulatory issues, economic uncertainty, and large market liquidations. However, all eyes are now on the upcoming Federal Open Market Committee (FOMC) meeting, which could significantly impact Bitcoin's price this week.

Bitcoin's (BTC) price has declined by over 25% almost two months after establishing a record high at around $110,000. The cryptocurrency's sharp correction has coincided with a decline in its “apparent demand.

Bitcoin (BTC) heads into FOMC week in a cautious mood, with multimonth lows still uncomfortably close. BTC price action preserves $80,000 support as upside liquidity looks ripe for the taking.

Years after its inception, growing adoption and price rallies, Bitcoin gained the tag of the ‘digital gold.' However, other than the name, there wasn't much similarity until recently, as it began following the gold's historical bull run pattern from the 1970s.

A Bitcoin whale is facing potential liquidation after placing a high-stakes $380 million short position. Speculation is growing that this investor may have inside information about the US President Donald Trump.

As Bitcoin nears $100,000, market watchers anticipate short-term consolidation, though the asset's uptrend is likely to continue. Bitcoin (BTC) price returning to $100,000 could prompt “short-term consolidation,” analysts warn, though the long-term outlook for the cryptocurrency remains positive.

Bitcoin's price has dropped 22% from its record high of $109,000 on Jan. 20, 2025, the day of Donald Trump's inauguration.

In a new publication titled The Mustard Seed, Joe Burnett—Director of Market Research at Unchained—outlines a thesis that envisions Bitcoin reaching $10 million per coin by 2035. This inaugural quarterly letter takes the long view, focusing on “time arbitrage” as it surveys where Bitcoin, technology, and human civilization could stand a decade from now.

All eyes are now on gold as the ultimate safe-haven asset. The price of gold just hit $3,000 per ounce, an all-time record.

Traders say the current sell-off could have been caused by an unwinding of ETF and spot linked traders.

A major Bitcoin whale has placed a $368 million short position with 40x leverage, betting on a price decline in the cryptocurrency.

A whale on Hyperliquid has gone viral for starting a short position for around $450 million worth of Bitcoin. There is now an active ‘man-hunt' to stop the perpetrator in its tracks.

The crypto market is going through a turbulent period marked by a brutal correction of bitcoin and massive capital outflows. With a decline of over 18% from its historic peak of $106,000 in December 2024, some investors are already talking about the most painful cycle in bitcoin's history.

A crypto strategist known for accurately calling Bitcoin's pre-halving correction last year says BTC may abruptly end its correction if a technical setup plays out. Pseudonymous analyst Rekt Capital tells his 542,500 followers on the social media platform X that Bitcoin's relative strength index (RSI) indicator is flashing a bullish divergence on the daily chart.

North Korean hacking collective the Lazarus Group has become a huge holder of Bitcoin after converting stolen funds.

A new week is not always an exciting one for the crypto business. Likewise, the crypto market today has taken a slight downturn, with the market capitalisation slipping by 1.07% to $2.73 trillion. This dip, however, led to marketers making positions, as a result, the business in 24 hours shot up 42% to $66.68 billion.

In a segment, Fox News contributor Lara Trump —wife of Eric Trump, son of US President Donald Trump—interviewed Michael Saylor on the increasingly pivotal role of Bitcoin in the global financial landscape.

March 17, 2025 05:57:00 UTC Mubarak and Friends Power BNB Chain DEX to $1.64B in Daily Trading Driven by the recent surge in memecoins like Mubarak, BNB Chain's DEX has recorded an impressive $1.64 billion in trading volume over the past 24 hours, overtaking Solana to claim the top spot.

Peter Schiff warns that if the NASDAQ enters a bear market, Bitcoin could drop significantly, potentially reaching $65K. The post Peter Schiff Predicts Bitcoin to Drop Below $65K if Nasdaq Crashes appeared first on Cryptonews.

Fox News' My View took a sharp turn into Bitcoin territory in its latest episode on Saturday night. Lara Lea Trump dedicated an entire episode to the future of digital assets, featuring none other than Strategy's chairman Michael Saylor, President Donald Trump, White House Crypto Czar David Sacks, and Treasury Secretary Scott Bessent.

South Korea has no plans to incorporate Bitcoin in its foreign exchange reserves, according to the country's central bank. On Mar.