Hayes believes BTC could record more declines over the weekend before finally consolidating.
Bitcoin (BTC) crashed by more than 21% in the last seven days from a local peak at $99,495, down to $78,219 on February 28, bringing uncertainty to traders and investors. A prominent trading expert, however, believes this movement is part of an expected market correction that is about to end.
Ethereum (ETH), the second-largest altcoin in the cryptocurrency world, has long been a subject of much discussion, and more often than not, a target for banter among traders.
MetaMask announced plans to incorporate support for Bitcoin and Solana within the year as part of its ongoing product developments.
TL;DR According to Matrixport, Bitcoin's current correction could extend until March or April due to macroeconomic policies and the strengthening of the US dollar. The US Dollar Index (DXY) has risen for three consecutive days, driven by investors seeking refuge, putting downward pressure on Bitcoin prices.
The Ethereum Foundation has announced that the audit of the Pectra system contracts has resolved all identified issues.
What's happening to Bitcoin? Only a week ago, the leading crypto was trading above $98K.
Bitcoin's price has been dropping rapidly over the past few days, with large red candles showing significant bearish momentum. If the market does not rebound soon from the key area it currently finds itself at, things could get much worse for the crypto market.
In a post on X, Shiba Inu marketing lead Lucie (@LucieSHIB) highlighted the potential impact of Ethereum's forthcoming “Pectra” upgrade on Shibarium, the layer-2 (L2) solution built by the Shiba Inu ecosystem.
The biggest corporate buyer of Bitcoin, Strategy (formerly MicroStrategy), is under tremendous pressure as a result of the recent decline, as the company now faces an amazing $3.86 billion in unrealized losses in its recent Bitcoin acquisitions. Michael Saylor led the company's aggressive accumulation strategy, which has drawn praise and criticism.
XRP price is down today as macroeconomic conditions remain uncertain, but a key support level and oversold conditions could soon lead to a recovery toward $3.
Following Bitcoin's tumble below the $91,000 price mark, notable Bitcoin proponents have reminded troubled market participants of the possibility of a continued downward price correction in the near term. However, the long-term outlook remains bullish.
Coinbase analysts say bitcoin's downturn is due to a lack of positive catalysts and insufficient support at the $80,000-$90,000 range.
Ripple's price is experiencing a significant decline, alongside the whole crypto market, and is likely to continue dropping lower if Bitcoin fails to recover soon.
XRP's continuous decline raises concerns amongst market participants, but the asset remains well-positioned for a much-needed correction. At press time, XRP is down by 10%, and has lost more than 30% in price value over the past month.
The Ethereum Foundation has created the “Silviculture Society,” a group tasked to ensure that Ethereum upholds its core values.
"Now that is a dip I would like to buy," Standard Chartered's Geoffrey Kendrick said of the $69,000–$76,500 range for bitcoin.
The Arizona Senate passed the Strategic Digital Asset Reserve (SBR) bill on third reading with 17 votes in favor and 12 against.
Bitcoin miners are holding onto their BTC despite a sharp price drop to $79K, reducing selling pressure and signaling market resilience.
MetaMask is set to integrate Bitcoin and Solana into its platform in the near future, expanding its functionality for users of these prominent cryptocurrencies.
Many people wonder about the length of Bitcoin's rollercoaster journey that its price increase has been on. The bull run may persist until at least April 2025, argues CryptoQuant CEO, Ki Young Ju.
The world's most popular cryptocurrency, Bitcoin slid to a new yearly low on Friday morning as fresh U.S. tariffs on China added to an already tumultuous week for cryptocurrencies.
Ethereum co-founder Vitalik Buterin has stressed the urgent need for enhanced wallet security solutions to reduce crypto losses caused by inaccessible funds. On Feb. 28, Buterin shared his concerns on X, pointing out that a lot of lost crypto stems from users being locked out of their wallets rather than theft.
The bitcoin price crash could see the bellwether coin's value fall below $70,000 or even as low as $50,000, but there's a silver lining The post Bitcoin Price Crash – Why Trump 2.0 Turned Into a Crypto Nightmare, But There's a Silver Lining appeared first on Cryptonews.
Coinbase is in the clear after the U.S. Securities and Exchange Commission (SEC) followed through on its agreement and voluntarily dropped its enforcement case against the crypto exchange. The move further distances the Commission from its previous stance that the vast majority of crypto tokens were securities requiring registration.
Ethereum faces another 30% drop to $1,500 if the ETH price double-top pattern plays out, making the $2,000 level increasingly important for the bulls to hold.
Bitcoin marks a dip to $78k as the crypto market witnesses a $500B decline this week. Furthermore, the rising outflows in the Bitcoin ETFs and historical trends warn steeper corrections before a potential bounce back.
The XRP price has lost the bullish momentum it experienced in the fourth quarter and is now at risk of a deeper meltdown. Ripple (XRP) dropped below the $2 support level for the first time since Feb.
Ethereum price has crashed, making it one of the worst-performing blue-chip cryptocurrencies in February. Ethereum (ETH) dropped to a low of $2,075, its lowest level since January 2024 and about 50% below its highest level in November 2023.
Geoff Kendrick, Standard Chartered's Head of Digital Assets Research, offers a cautiously optimistic outlook for cryptocurrencies amid recent market turbulence. What Happened: In an interview on CNBC on Thursday, Kendrick acknowledged the positive medium-term outlook for cryptocurrencies under Trump.
As Ethereum gears up for security updates, co-founder Vitalik Buterin draws the community's attention to crypto losses caused by non-theft issues. Buterin asserts that wallet providers must develop solutions to prevent and mitigate losses resulting from traders' negligence and accidents.
Ethereum's price action hints at a reversal near $2,125, aligning with key Fibonacci levels. A breakout above $2,503 could confirm bullish momentum, while failure risks a drop to $1,586.
Ethereum (ETH) is showing signs of potential recovery, with recent market trends suggesting that it might have reached its bottom. Over the past few weeks, Ethereum's volatility has decreased significantly, and net inflows into the network have been on the rise.
The cryptocurrency market is in a state of fear, and altcoins like Ripple (XRP) are recording massive losses. XRP price has dropped by more than 20% this week alone.
Mirana Ventures continued to supply Bybit with more ETH, after the latest purchase of 21,667 tokens. Bybit is now over-supplied with ETH, though the asset still has not recovered its previous price.
The crypto investors are no longer strangers to volatility, as crypto tokens rise and drop with changing trends and their demand. At present, the crypto market is witnessing one of the biggest downturns, where most digital assets are crashing.
Bitcoin miner Bitdeer purchased 50 more Bitcoin today. Bitcoin market price is trading slightly below the $80,000 mark.
XRP has taken a major hit, dropping below $2 for the first time in four weeks. The sudden decline comes as the overall crypto market faces strong selling pressure, wiping out over $700 billion in just a week.
The crypto market is going through a turbulent phase. Indeed, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has experienced a sharp decline of 20% in just three days, bringing its price to around $2,100.
While bitcoin (BTC-USD) slid drastically this week and now hovers above $84,000, the US Securities and Exchange Commission (SEC) has motioned to dismiss its case against cryptocurrency exchange Coinbase (COIN). Bitcoin Opportunity Fund co-managing partner James Lavish joins host Josh Lipton for a conversation on the crypto space's sentiments under the second Trump administration and recent outflows in spot bitcoin ETFs.
Bitcoin has plunged below the $80K level, setting fresh lows and sparking fear across the market. The recent downturn has erased over 18% of BTC's value since last Sunday, leaving investor sentiment at extremely fearful levels.
After rising about 300% during the past 12 months alone, it's entirely possible that the next 12 months will be even more exciting for holders of XRP (XRP -10.24%).
Large investors interpreted the latest market crash as a buy-the-dip opportunity, accumulating almost $240 million worth of ETH.
Bitcoin (BTC-USD) has fallen to its lowest levels since June 2022, trading just above the $84,000 mark Thursday afternoon. Yahoo Finance Markets & Data Editor Jared Blikre examines this significant price decline while analyzing the health of the broader cryptocurrency market.
Bitcoin & Solana Integration: Native support for BTC in Q3 2025 and SOL in May. Users can pay fees with any token, reducing ETH dependency.
Bitcoin has likely completed its Wave 4 correction at $79,000. A potential reversal could push BTC toward $93,676, but failure to reclaim this level risks deeper downside to $73,196.
Amid the market retrace, Ethereum (ETH) has lost its key $2,600 support zone and fallen below the next crucial level. As the second-largest cryptocurrency by market capitalization attempts to hold its current range, some analysts predict a 6% drop could be coming.
Bitcoin (CRYPTO: BTC) continues to tumble, falling as low as $78,433 in early Friday morning hours amid a record streak of spot Bitcoin ETF outflows. What Happened: According to data from SoSoValue, U.S. spot Bitcoin ETFs have seen $3.2 billion in net outflows over an eight-day period, matching the longest negative streak since their debut.