The global crypto market is facing a sharp downturn, with the total market cap falling to $2.77 trillion, an 8.76% drop in the last 24 hours. Market trading volume has also decreased by 15.59% to $176.55 billion, indicating reduced investor activity. The entire crypto market is bearish, pulling Bitcoin (BTC)
Michael Saylor, known for his unwavering Bitcoin maximalism. He has shocked the crypto community by supporting a multi token cryptocurrency reserve that includes XRP and Cardano. In a recent CNBC interview with Sara Eisen, the Strategy co-founder described this development as “bullish” for Bitcoin and the broader digital asset industry.
Japanese investment firm Metaplanet has purchased 156 BTC for $13.4 million, increasing its total holdings to 2,391 BTC. The company acquired the Bitcoin at an average price of $85,890 per BTC. Metaplanet has been aggressively accumulating Bitcoin since adopting its BTC strategy in April 2024. The company aims to hold
Bitcoin surged to $95,043 on March 3 after U.S. President Donald Trump revealed plans for a strategic crypto reserve. The announcement fueled strong buying, pushing BTC up 8% during an unusual weekend rally. Currently, Bitcoin is trading at $91,821.69, reflecting a 6.97% gain in the past 24 hours. The total
Bitcoin has dropped below $80,000 for the first time in over three months, marking a sharp reversal from its post-election rally. The decline comes amid macroeconomic uncertainty and concerns over U.S. President Donald Trump’s proposed tariffs. Bitcoin is trading at $80,050, rebounding slightly after hitting a low of $78,984.63. The
U.S. spot Bitcoin exchange-traded funds (ETFs) faced a significant setback on February 25, reporting their largest-ever daily net outflow of approximately $938 million. This downturn follows a broader crypto market rout that has seen Bitcoin’s price falter, trading below the crucial $90,000 mark. In total, the 11 Bitcoin funds experienced
Bitcoin (BTC) fell to $86,008.23 before recovering slightly. It is now trading at $88,763.49, down 0.15% in the last 24 hours. The market cap stands at $1.76 trillion, with a 24-hour trading volume of $81.23 billion, pushing the market cap ratio to 4.75%. BTC is facing immediate resistance at $90,000,
The largest crypto asset, Bitcoin (BTC), has been navigating through a narrow bridge for the last few weeks. BTC has come up short in escaping the consolidation phase. BTC has been trading below $100K since February 4, facing rejections despite multiple recovery attempts. Bitcoin’s price has lost over 7.02%, crashed
Bitcoin (BTC) is currently trading at $95,895.79, marking a 0.93% decline over the last 24 hours. The cryptocurrency hit a low of $95,685.71, with a 24-hour trading volume of $15.68 billion, reflecting a 65.45% decrease. The market cap remains at $1.9 trillion. South Dakota and Utah are advancing plans to
This time, an approaching weekend has triggered a bull market in the digital assets sector. Bitcoin broke its $98K resistance in the late Asian evening hours of February 20. A frenzy went up in the market as community members began celebrating the arrival of the Alt Season. Leading analysts have
