Bitcoin experienced a 7% drop in value, falling from $88,060 to $82,036, resulting in $158 million in liquidations for long positions. This decline coincided with gold reaching a record high, challenging Bitcoin’s status as “digital gold.” However, experts anticipate a potential Bitcoin rally as various governments work to prevent an economic crisis. Despite recent outflows ...
Shares of cryptocurrency-related companies, including Mara Holdings and Strategy, experienced significant drops on Friday as Bitcoin’s price fell by about 4% to just over $83,700. This decline in crypto stocks came amid broader Market concerns following new inflation and consumer sentiment data. After initially soaring in value following Donald Trump’s reelection—when Bitcoin surpassed $100,000—the cryptocurrency ...
Bitcoin is currently facing significant pressure, with its price recently dropping over 3% to around $83,748. To avoid further declines, experts believe Bitcoin needs to close above the crucial $81,000 mark before the upcoming Federal Open Market Committee (FOMC) meeting. This meeting will provide insights into the Federal Reserve’s monetary policy for 2025, which could ...
Bitcoin exchange-traded funds experienced substantial outflows of nearly $370 million on March 7, following former President Trump’s announcement of a US strategic Bitcoin reserve. The news failed to meet investor expectations, especially since it did not include direct government purchases of Bitcoin. This disappointed many traders, resulting in a drop of over 2% in Bitcoin’s ...
Bitcoin’s price recently fell 21.3% from February 21 to 28, hitting $78,300, which caused significant Market volatility and over $1.6 billion in liquidations. Despite this drop, many analysts consider it a buying opportunity, pointing to potential regulatory developments, increased interest from sovereign funds, and better integration with traditional finance. Some observers even see the price ...
Bitcoin’s price has dipped below $80,000, marking a 25% drop from its all-time high just a month ago. While it slightly rebounded to about $82,000, investor sentiment remains low, particularly after recent events, including a major cryptocurrency theft from the Bybit exchange and a scandal involving Argentina’s President. Experts warn that Bitcoin could drop further ...
Bitcoin’s price fell back to $85,000 as the U.S. Market opened on February 27, responding to news of new trade tariffs announced by President Trump. After reaching $87,000 earlier in the day, Bitcoin experienced a decline, particularly after hitting a 15-week low of around $82,000. The S&P 500 and Nasdaq also opened lower, while the ...
Bitcoin’s price has fallen to $85,000 following U.S. President Donald Trump’s announcement of new tariffs on Canada and Mexico, which affected stock markets and triggered investors to move into the U.S. dollar. This shift has highlighted Bitcoin’s increasing correlation with traditional markets, leading to significant outflows from Bitcoin ETFs. While retail investors are selling off, ...
Bitcoin has recently experienced a significant decline, dropping below the $88,000 support level after failing to hold above $92,500. Currently, BTC is trading below $85,200 and facing resistance at key levels around $85,000 and $86,150. If it cannot maintain support above $82,000, further losses could push it toward the critical $80,000 mark, where it has ...
Bitcoin’s recent price plunge has caused it to drop to its lowest level since November, falling below $89,000. This decline has contributed to a broader downturn that has erased nearly half a trillion dollars from the crypto Market. The drop follows a peak of over $108,000 coinciding with Donald Trump’s inauguration, when he was seen ...
