Bitcoin experienced a bounce from $76,606 on March 11, but couldn’t hold above $84,500 on March 12, leading analysts to suggest it’s in a macro correction, with critical support expected between $71,000 and $72,000. Recent sell-offs have mainly come from short-term holders. Meanwhile, the US Dollar Index has dropped, which typically favors Bitcoin. In price ...
The cryptocurrency Market has seen a drop in capitalization to $2.75 trillion, following a 4% decline on Tuesday. Ethereum, Dogecoin, and Chainlink are among the biggest losers in the top 20 assets. A $930 million Bitcoin transfer from the now-defunct Mt. Gox exchange raised concerns about a potential sell-off, leading to Bitcoin’s price falling to ...
MicroStrategy, led by Michael Saylor, aims to raise $21 billion through a unique program to buy more Bitcoin. They will sell preferred stock, which offers an 8% dividend, and these shares can be converted into common stock. This approach allows them to time the Market wisely and avoid overwhelming it with shares. Currently, the company ...
Bitwise’s chief investment officer, Matt Hougan, suggests that US President Donald Trump’s proposed crypto reserve will primarily consist of Bitcoin, despite initial inclusion of other altcoins like Solana, XRP, and Cardano. Market reactions have been mixed, with concerns that the diverse range of assets complicates the plan. While Bitcoin’s price surged initially, it later dipped ...
According to Matt Hougan, Chief Investment Officer at Bitwise, although US President Donald Trump initially planned a crypto reserve that includes several altcoins, it is expected that the reserve will mainly consist of Bitcoin. Hougan believes that the Market misunderstood the inclusion of smaller cryptocurrencies, which complicated the situation. He anticipates that Bitcoin will dominate ...
Bitcoin recently surged from $81,500 to nearly $90,000 as bulls attempted to maintain momentum. However, analysts caution that Bitcoin may face resistance at $94,000, leading to potential consolidation in the coming months. Mexican billionaire Ricardo Salinas remains optimistic about Bitcoin, having invested 70% of his portfolio in it. In terms of price analysis, Bitcoin is ...
As of March 2, 2025, Bitcoin is trading at $87,728.20, reflecting a positive 1.95% change in the last five days. However, it’s down 10.95% since the beginning of the year, indicating a struggle for recovery amidst ongoing Market fluctuations. Recent headlines highlight significant developments, including President Trump’s declaration that the U.S. cryptocurrency strategic reserve includes ...
The cryptocurrency Market is experiencing a shift as interest in meme coins begins to rise while enthusiasm for AI agent tokens is waning. Currently, only a handful of AI tokens are being created daily, indicating a significant drop since their peak last year. Despite this decline, some analysts see potential in AI projects for the ...
The crypto Market hasn’t seen the expected growth following Donald Trump’s election victory due to economic instability and recent security issues at Bybit. This article highlights top cryptocurrency picks for 2025, including JetBolt, which stands out with its zero-gas technology and successful presale of over 330 million tokens. Other notable mentions are MANTRA, a blockchain ...
The cryptocurrency Market is facing a liquidity crisis, with Bitcoin recently dropping to $86,000, a nearly 20% decline from its previous high. This downturn has also impacted many altcoins and shifted Market sentiment from greed to panic. Sam Callahan’s research highlights a strong correlation between Bitcoin prices and global liquidity conditions, indicating that Bitcoin often ...
