Bitcoin (BTC) is trading at $82,667, down 2.11% in the past 24 hours. The market cap has slipped to $1.63 trillion, reflecting a 2.06% decline. Trading volume has dropped 48.64% to $13.6 billion, bringing the market cap ratio to 0.8292%. Brazil is making strides in digital finance with a proposal
Bitcoin demand has dropped to its lowest level this year, according to CryptoQuant. The apparent demand metric fell to negative 142 on March 13, marking a sharp decline since its peak in December 2024. Investors are shifting away from risk assets due to macroeconomic uncertainty, geopolitical tensions, and stubborn inflation.
The cryptocurrency market has staggered into the recovery lane yet again in the last 24 hours. With leading cryptocurrencies attempting to break previous resistance levels, the community is quite hopeful. Meanwhile, Brazil announced plans to pitch crypto adoption to the members of the BRICS in the past day as a
Japanese investment company Metaplanet Inc. has said it plans to sell 2 billion yen, or about $13.4 million worth of interest-free regular bonds as part of its approach to acquiring Bitcoin. The action makes Metaplanet one of Asia’s largest corporate Bitcoin owners in a repeat of strategies first set by
Major cryptocurrencies, along with Bitcoin and Ethereum, showed positive movement as the broader market started to recover. The crypto market capitalization stands at $2.65 trillion while showing a 2.73% increase during the previous 24 hours. The market recovery may be indicated by this recent upward trend. Bitcoin’s price spiked by
While community members raise havoc by watching their largest profits disappear, analysts remain positive. Over the past few weeks, several experts had predicted that Bitcoin and the alt sector would retract the bull run before bouncing back up. As this materializes into reality, speculations of a bigger cycle arise. Notably,
The digital assets community is eagerly anticipating the White House Crypto Summit. The overall market cap has shown a modest increase, as depicted by its 4.18% upward momentum. However, the largest cryptocurrency, Bitcoin, has shown modest price drops yet again this week. Notably, US President Donald Trump signed an executive
Mexican billionaire Ricardo Salinas has allocated 70% of his total investment portfolio to Bitcoin and Bitcoin-related assets. During his March 4 Bloomberg interview, the founder and chairman of Grupo Salinas discussed his current investment strategy. During 2020 Salinas maintained Bitcoin as 10% of his portfolio, but he increased his holdings
El Salvador’s President Nayib Bukele has reaffirmed that the country will continue accumulating Bitcoin (BTC), despite the recent International Monetary Fund’s (IMF) agreement suggesting otherwise. Bukele dismissed claims that El Salvador’s Bitcoin strategy would stop, countering the IMF’s requirements tied to a $1.4 billion loan deal. The IMF recently released
The Asian crypto community has awakened to a modest market revival after the past day’s significant crash. Leading cryptocurrencies have witnessed partial gains despite market uncertainty and a lack of bullish momentum. However, the upcoming days hold mounting tensions and more FUD due to shifting economic landscapes. Notably, Bitcoin has
