Crypto analyst CrediBULL Crypto has revealed that Bitcoin’s open interest has crashed to a six-month low. The analyst further explained what happened the last time this low open interest occurred while providing a bullish outlook for the flagship crypto. Bitcoin’s Open Interest Crashes To 6-Month Low In an X post, CrediBULL Crypto revealed that Bitcoin’s open interest is at the lowest levels it has been at in six months. He noted that the BTC price was trading between $50,000 and $60,000 the last time the open interest was this low. The analyst also revealed that Bitcoin’s funding rate just ticked negative. He also noted that the same thing happened while the flagship crypto was trading between $50,000 and $60,000 just before its rally to $100,000. Related Reading: Crypto Pundit Who Correctly Called The Bitcoin Price Surge From $15,400 To $100,000 Reveals What’s Next Interestingly, CrediBULL Crypto asserted that these metrics overall look “fantastic” for Bitcoin and further solidified his belief that the flagship crypto has formed a bottom. Indeed, BTC looks to have formed a bottom as the flagship crypto has rebounded to as high as $95,000 following its drop below $80,000 last week. Crypto analyst Ali Martinez also suggested that the Bitcoin price has found its bottom. In an X post, he noted that historically, BTC tends to rebound when the daily Relative Strength Index drops below 30. He then revealed that the RSI was sitting at 24, indicating that the flagship crypto had bottomed out and was well due for a rebound. BTC Needs To Hold Above This Range To Confirm Reversal However, despite Bitcoin’s rebound to as high as $95,000, CrediBULL Crypto suggested that market participants shouldn’t get too excited yet. He stated that the pump doesn’t mean much unless BTC clears the key resistance at around $93,000. The analyst remarked that moving up to this range was the easy part but “strength” is getting past it. Related Reading: Bitcoin $166,000 Target Still In Play? The Extension That Determines Where Price Goes Next Crypto analyst Titan of Crypto also echoed a similar sentiment. He stated that Bitcoin is currently pushing through $94,000, breaking above the Kumo cloud. The analyst added that the flagship crypto needs to stay above this price level before the reversal can be confirmed. However, Titan of Crypto still provided a bullish outlook for the Bitcoin price, suggesting that a reintegration might be about to occur, which could send the flagship crypto into a markup phase. His accompanying chart showed that BTC could rally above $126,000 as it enters this markup phase. Meanwhile, Martinez revealed that the Bitcoin bull run remains intact according to the aSORP indicator. He also stated that global liquidity is on the rise again, and with BTC lagging behind this metric, the analyst remarked that this could signal a unique buying opportunity. At the time of writing, the Bitcoin price is trading at around $91,000, up over 6% in the last 24 hours, according to data from CoinMarketCap. Featured image from iStock, chart from Tradingview.com
Tron is set for a breakout from the parrel consolidation channel as whale activity soars
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A new Congressional Crypto Caucus has been established in the U.S. House of Representatives, bringing together lawmakers from both parties to support digital asset policies. House Majority Whip Tom Emmer, a Republican, and Representative Ritchie Torres, a Democrat, are leading the initiative to create a unified voting bloc for crypto-related legislation. Congress Forms a Bipartisan Crypto Caucus According to a recent Fox News report , lawmakers in the U.S. Congress have introduced the Crypto Caucus to mobilize support for digital asset laws. The caucus is designed to function as a voting bloc, separate from the existing Congressional Blockchain Caucus, which was founded in 2017. The primary objective is to advance cryptocurrency-friendly policies and ensure regulatory clarity for the industry. The caucus was formed in response to voter demand for stronger digital asset policies. Millions of Americans cast ballots for candidates prioritizing blockchain technology and crypto-related innovation. Emmer stated that the group will work to maintain the United States as a leader in digital asset development and financial technology. Additionally, according to Fox News reporter, Eleanor Terrett, Torres said, “The Congressional Crypto Caucus will be a driving force in advancing policies that foster innovation, protect consumers, and ensure that cutting-edge technology can thrive in the United States.” Lawmakers Aim to Pass Stablecoin Bills by April More so, President Donald Trump has directed lawmakers to implement a clear regulatory framework for the digital asset industry. In response, legislators are pushing to finalize stablecoin and market structure bills. Two stablecoin-related bills are already under consideration in the House of Representatives, with industry stakeholders providing input on their provisions. In the Senate, Republican lawmakers are preparing for a markup session on the GENIUS Act, a stablecoin bill sponsored by Senator Bill Hagerty of Tennessee. The Senate Banking Committee, led by Senator Tim Scott, aims to pass both the stablecoin and market structure bills in time for the President Donald Trump to sign by April. The Crypto Caucus is expected to play a role in securing bipartisan support for cryptocurrency regulations. While the House works on its legislation, the Senate Banking Committee is advancing efforts to establish stablecoin rules. The GENIUS Act, which focuses on regulatory guidelines for stablecoins, could move forward as early as next week. Chairman Tim Scott emphasized the urgency of passing crypto-related laws, stating that lawmakers are working to ensure digital assets operate within a clear legal framework. U.S. Leadership in Blockchain Innovation The Crypto Caucus seeks to ensure that digital asset policies foster innovation while protecting consumers. Emmer and Torres highlighted that the group will work to create a stable regulatory environment. This will encourage blockchain technology development in the United States. Torres described the caucus as a nonpartisan coalition committed to advancing digital asset policies. Most recently, CryptoQuant CEO Ki Young Ju analyzed President Donald Trump’s approach to cryptocurrency, describing it as a strategic move to strengthen U.S. dominance in global markets. Ju pointed out that Trump’s crypto reserve initiative initially prioritized XRP, Solana, and Cardano before later including Bitcoin and Ethereum. The post Congress Launches Crypto Caucus to Push Digital Asset Policies: Report appeared first on CoinGape .
Bitcoin Magazine Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture Yesterday, President Trump announced the long awaited Strategic “Bitcoin” Reserve on Truth Social, and many in the space are pissed. First, the Reserve appears to be far from Bitcoin only. “They’re doing DEI for Charles Hoskinson,” former CoinDesk Chief Insights Columnist David Z. Morris wrote on X – Hoskinson’s Cardano (ADA) was announced to be included in the Reserve. “Cut cancer research to buy Cardano,“ another user posted . Others take issue with possible investment interests surrounding the Trump administration: Trump’s announcement is “a new level of corruption,” wrote communications strategist Derek Martin, detailing David Sack’s investment in Bitwise. “You get exit liquidity and you get exit liquidity everybody gets exit liquidity” posted Bitcoin Policy Institute fellow Troy Cross alongside a picture of Oprah. (Sacks has since stated that he has sold all of his cryptocurrency holdings). What all of these criticisms have in common is that they completely miss the point. Whether the Reserve is composed of additional coins, or may serve nefarious interests of the administration, is of little actual consequence for those holding Bitcoin. What is very much of consequence, is the question of how said Reserve would be funded. On the one hand, many are speculating that the US may divert taxpayer funds to purchase cryptocurrency – a proposal that inevitably would have to go through Congress – which seems unlikely, as Trump is rumoured to make a new announcement on ‘investments’ today. Another, much more likely approach, as already outlined in Trump’s Executive Order to “Strengthen American Leadership in Digital Financial Technology”, is that the Reserve would be “derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.” That’s fine, you’ll say, because I’ve obtained all of my bitcoin legally and have never, nor will I ever, engage in criminal activity. And that’s precisely where you are wrong. Bitcoin that is “lawfully seized by the Federal Government” does not just include bitcoin derived through criminal prosecutions. Bitcoin can additionally be lawfully seized through a process called Civil Asset Forfeiture: a funny little game that the Government plays in which it doesn’t have to accuse you of a crime, but can instead accuse the thing itself of a crime. As Cato Institute has outlined in a post calling for the reform of Civil Asset Forfeiture law, New York police routinely seize cars used in a DUI, and in Florida, police regularly seize cash excess of $100 suspected to be used to purchase illegal substances. In the most striking example, Cato highlights a case from Philadelphia, in which police tried to seize a grandmother’s house and car because, without her knowledge, her son sold less than $200 worth of marijuana from the house. In Philadelphia alone, civil asset forfeiture was so astonishingly abused, that the City seized over 1,000 homes, over 3,000 vehicles, and over $44 Million in cash over an 11-year period. The problem with civil asset forfeiture is that it reverses the burden of proof. Instead of being guilty until proven innocent, it is up to the asset’s owner to prove that the property seized wasn’t used – or wasn’t intended to be used – in a crime. The cost of such litigation is what makes civil asset forfeiture close to impossible to fight. While the Government could have – and has – applied civil asset forfeiture to cryptocurrencies, which usually stand out in court documents by their titles alone, such as United States v. Binance Account 188746, it never really had a strategic interest in applying it more broadly. The Bitcoin would be seized and forfeited to the Government, but the Government would have to end up selling it for dollars anyway. If we take Trump’s Executive Order at face value, this may now change, giving the Government an incentive to apply civil asset forfeiture to bitcoin more broadly. This is a problem, as we can likely trace a lot of bitcoin back to having touched a sanctions evasion, a darknet market, or other alleged illicit activity. The question then becomes: how many hops back do we go? How many UTXOs do we unravel to find it legitimate that bitcoin coming out of potentially illicit activity is seized on behalf of the Government to help build its Strategic Reserve? The other problem is that, if the Government accuses the bitcoin you hold of having been involved in the facilitation of crime, you may have obtained said bitcoin fully legally, had nothing to do with the alleged criminal activity, and don’t even need to have been aware of it – the Government may still, fully legally, take your bitcoin away from you. Taking Trump’s Executive Order at face, it seems that cheering on the Strategic Bitcoin Reserve may not be the smartest move until it is clarified that civil asset forfeiture will not be employed to further the Reserve. After all, it is a concept that should be reformed, and not encouraged. This is a guest post by L0la L33tz. Opinions expressed are entirely their own and do not necessarily reflect those of BTC Inc or Bitcoin Magazine. This post Bitcoin Reserves And The Incentives Of Civil Asset Forfeiture first appeared on Bitcoin Magazine and is written by L0La L33Tz .
Cronos blockchain’s proposal to reissue 70 billion previously burned CRO tokens (worth $6.3 billion) into a locked reserve has drawn criticism, with some stakeholders urging a veto. Cronos Proposes 70B CRO Token Reallocation Proposal The Cronos blockchain, developed by the crypto exchange Crypto.com, is considering a governance proposal to reintroduce 70 billion CRO tokens—equivalent to
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. A Wall Street expert expects PropiChain (PCHAIN) to rival Dogecoin and Shiba Inu in 2025 with its unique vision. Table of Contents Shiba Inu holders stay resilient, Dogecoin struggles PropiChain: A transformation in real estate investment PCHAIN’s presale: A chance to secure massive returns Both Dogecoin (DOGE) and Shiba Inu (SHIB) have struggled under bearish pressure, leaving investors searching for alternatives with higher potential. According to a leading Wall Street expert, Propichain (PCHAIN) is emerging as a contender to dominate the altcoin market in 2025. PCHAIN aims to improve the $300 trillion real estate industry by integrating artificial intelligence (AI) with blockchain technology, a move that has caught the attention of Wall Street analysts and institutional investors. Shiba Inu holders stay resilient, Dogecoin struggles Despite the ongoing market challenges, Shiba Inu holders are displaying remarkable patience. On-chain data reveals that the average holding time for Shiba Inu has surged by 31% in a week, showing that investors remain confident. This rising holding trend suggests that Shiba Inu may stabilize its price in the near future, potentially leading to a bullish rebound if market sentiment shifts. On the other hand, Dogecoin , once the undisputed leader of the meme coin market, has suffered more severe setbacks. Over the last 24 hours, Dogecoin has experienced a 6.46% decline, bringing its price to $0.2156. Despite this downturn, Wall Street analysts point out that Dogecoin is forming a falling wedge pattern, a technical signal often associated with bullish reversals. If this plays out, Dogecoin could rebound toward the $0.45 mark. However, macroeconomic concerns, regulatory scrutiny, and a decline in network activity continue to cast a shadow over Dogecoin’s price trajectory. You might also like: Bitcoin crash sparks a flight to safety, this crypto is emerging as a leading choice PropiChain: A transformation in real estate investment With Wall Street experts closely monitoring emerging projects, PropiChain is gaining traction as a transformative force in real estate investment. PCHAIN offers tangible utility through its AI-powered blockchain network. The platform enables investors to access the global real estate market with unprecedented efficiency, making it a game-changer in the industry. One of PCHAIN’s standout features is its AI-driven analytics, which leverage machine learning algorithms to provide real-time insights. This allows investors to make well-informed decisions without relying on speculation. In addition to predictive analytics, PropiChain automates transactions based on user-defined conditions. Instead of manually monitoring market trends, investors can program PCHAIN to execute property acquisitions when specific parameters, such as demand surges or price trends, are met. PCHAIN also introduces a fractional ownership model through blockchain-based tokenization. Traditional real estate investment typically requires significant capital, but PropiChain lowers the entry barrier by enabling users to purchase fractional shares of high-value properties. Whether investing in a luxury penthouse in Miami or a commercial building in New York, PCHAIN investors can diversify their portfolios without the financial burden of full ownership. This system not only makes real estate investment more accessible but also enhances liquidity, as tokenized property shares can be seamlessly traded on PCHAIN’s blockchain. You might also like: Shiba Inu and PEPE holders are loading up on PropiChain, but why? Beyond traditional real estate, PropiChain extends its vision into the digital space with Propiverse, its proprietary metaverse ecosystem. This feature allows users to explore properties through VR and conduct transactions remotely. With Wall Street experts predicting a surge in virtual real estate demand, PCHAIN’s integration of the Metaverse adds another layer of value to its platform. Given the increasing prevalence of fraudulent schemes in the crypto space, PCHAIN has taken significant steps to establish its credibility. The platform has undergone a rigorous smart contract audit by BlockAudit , ensuring top-tier security for its users. Investor sentiment for PCHAIN remains bullish, with Wall Street experts pointing to its disruptive potential in real estate and blockchain technology. This commitment to security has boosted confidence among investors, with PropiChain’s listing on CoinMarketCap further solidifying its legitimacy. PCHAIN’s presale: A chance to secure massive returns For those looking to capitalize on PropiChain’s growth potential, its ongoing token presale offers a unique entry point. Initially priced at $0.004 per token, PCHAIN’s presale has already entered its second stage, with prices rising to $0.011. As demand surges, further price hikes are expected, with Stage 3 reaching $0.023 and the final stage peaking at $0.032. Wall Street analysts project that early investors could see returns of up to 800% before PropiChain debuts on major exchanges. For more information about Propichain, visit the website or online community . Read more: The altcoin to hold for 2025? Traders say PropiChain is the one to watch Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Donald Trump’s Truth Social post set off a firestorm after he claimed he had directed the Presidential Working Group to move forward with a Crypto Strategic Reserve. He named Bitcoin, Ethereum, XRP, Solana, and Cardano as part of it. That instantly raised eyebrows in the crypto world. Is the U.S. government really planning to acquire a stash of cryptocurrencies, or is this just another vague promise? Nobody knows. The post didn’t explain how this reserve would be built, whether taxpayer money would be used, or if it’s just a way to consolidate assets seized from criminals. But one thing is clear: Bitcoin is the only asset that actually makes sense for a government reserve, and many experts agree. Winklevoss twins reject XRP and ADA for strategic use Tyler Winklevoss, co-founder of Gemini, didn’t hold back: “I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is Bitcoin.” He pointed out that an asset in a government reserve needs to be hard money, a proven store of value, and that many crypto projects simply do not meet that standard. I have nothing against XRP, SOL, or ADA but I do not think they are suitable for a Strategic Reserve. Only one digital asset in the world right now meets the bar and that digital asset is bitcoin. Many of these assets are listed for trading on @Gemini and meet our rigorous… pic.twitter.com/q32qlaFDKJ — Tyler Winklevoss (@tyler) March 3, 2025 His twin brother Cameron Winklevoss agreed. He found it bizarre that some of these coins were even considered. He said , “Bitcoin is the only asset that meets the bar for a store of value reserve asset. Maybe Ethereum. Digital gold and digital oil.” He compared it to America’s physical reserves of gold (stored in Fort Knox and the NY Fed) and oil (Strategic Petroleum Reserve). Cameron made a small exception. He said if the U.S. happens to acquire coins like XRP or ADA through seizures, forfeitures, or law enforcement actions, that’s one thing—but actively buying them for a reserve is another. XRP and ADA have no real utility compared to Bitcoin and Ethereum The biggest argument against XRP and ADA is their lack of real-world utility compared to Bitcoin and Ethereum. Journalist Joe Weisenthal from Bloomberg pointed out that Ethereum and Solana actually power major financial activity. Stablecoins, DeFi, and NFTs all run heavily on these chains. But when it comes to XRP and Cardano, he said , “So far as I can recall, I have never come across a Cardano or XRP-based NFT in the wild.” He highlighted a key problem: Why are XRP and ADA in the top 10 market cap when barely anything is built on them? He noted that Ethereum’s market cap is less than twice that of XRP’s, even though Ethereum powers almost all decentralized finance. Trump’s announcement frustrated serious crypto investors because XRP and ADA simply don’t see the level of real adoption that Bitcoin, Ethereum, or even Solana have. Weisenthal quoted people in the space saying, “There’s nothing real there! Hardly anyone is building on these chains! You can’t find much stablecoin activity on them!” XRP and ADA are popular for the wrong reasons Another strange thing about XRP and ADA is who actually holds them. JP Koning, a well-known monetary blogger, pointed out that a huge chunk of XRP and ADA holders are just YouTubers hyping altcoins. He argued that the “real crypto industry” is the people pumping these coins online, not the ones actually building financial systems. There’s also a psychological factor at play. Many of the biggest cryptos, like Dogecoin, XRP, and ADA, have low nominal values per coin. That makes them seem “cheap” to new investors, even if they have massive market caps. Someone with $1,000 to invest can buy thousands of XRP or ADA tokens, while they’d only get a fraction of a Bitcoin or Ethereum. Of course, anyone with a basic understanding of financial markets knows that unit price means nothing. But the reality is, there are people who think low price = cheap = good investment. That’s one of the reasons why XRP and ADA still have massive followings, despite their lack of real use. No clear plan, no clear justification The biggest problem with Trump’s Crypto Strategic Reserve idea is that nobody actually knows what it means. There was no explanation of: How this reserve would be built Whether taxpayer money would be spent If the government is just consolidating seized crypto Weisenthal summed it up perfectly: “Will the government be spending money to build a crypto equivalent of Fort Knox, that includes random coins like XRP?” Or is this just another announcement that never leads to action?
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Trump’s announcement of a US crypto reserve has ignited a market surge, fueling speculation of regulatory relief and institutional adoption. Table of Contents Solana price rallies more than 25% in hours Cardano price forecasts XRP: Payments powerhouse stages a comeback What this means for Remittix, the new PayFi project President Donald Trump’s plans for a US crypto reserve has put the spotlight on Solana (SOL), XRP, and Cardano (ADA). The crypto reserve will also include crypto giants Bitcoin (BTC) and Ethereum (ETH). The news hit the market like a jolt, sending prices of these featured coins soaring between 20% and 50% in just a few hours. This move has folks discussing a possible relief in regulatory uncertainty, and investors are clearly feeling the excitement. With the market perking up, a new PayFi project is starting to turn heads for all the right reasons. Solana price rallies more than 25% in hours Solana has been riding high since the announcement, with its price instantaneously climbing to $153.69, a solid 15% boost. Currently, the price sits at $155.97, up 1.07% from last week. The announcement’s effect on Solana extends beyond price, as it boosted trading volume and market cap for the altcoin, with the trading volume seeing a 167% increase in the past 24 hours. The potential inclusion in the reserve will serve as a regulatory milestone that could attract institutional investors. Market watchers reckon this could set Solana up for an even brighter future, while others suggest this policy-driven price surge may not last long. Cardano price forecasts Cardano made waves too, spiking 30% to hit $0.83 in under an hour. Currently sitting above $0.95, ADA’s price forecast has got traders excited. Some analysts suggest Cardano will crack $1.50 soon, thanks to the potential reserve status. Others are dreaming bigger, suggesting around $2.00 by year-end if upcoming upgrades and practical uses pan out. You might also like: SOL nears $200 but investors chase a new altcoin for bigger gains XRP: Payments powerhouse stages a comeback Ripple’s XRP didn’t waste any time either, shooting to $2.86 with a hefty 32% gain in 24 hours. Built for quick, cheap cross-border payments, XRP’s inclusion hints at a possible light at the end of its SEC legal tunnel. With a major bull run predicted to be in full swing, analysts are suggesting XRP’s potential inclusion in the reserve could cement its role in global payments and fuel further adoption. If that trust keeps building, they suggest the XRP price could be in for a steady climb up to $5. What this means for Remittix, the new PayFi project While the big names grab headlines, Remittix is sneaking into the conversation. Dubbed “XRP 2.0” by investors, it’s picking up steam with a fresh spin on cross-border payments and good synergy with regulatory rules. While it’s not in the potential reserve list, its value currently at $0.0694 is ticking up alongside the market’s bullish outlook. Whales and regular investors alike are starting to take note that Remittix might just be the dark horse worth keeping an eye on. The Remittix platform operates on the massive $190 trillion remittance market to perform instant currency conversions from crypto into more than thirty different fiat currencies. No hefty fees, no delays, just smooth, global transfers. Trump’s big reveal of a potential US crypto reserve has shaken things up, sending SOL, XRP, and ADA on a tear and breathing new life into the market. Remittix quietly steps into the spotlight with its ongoing token presale. Investors and enthusiasts are watching new Defi projects closely, and with the Ethereum ecosystem set to take off, Remittix is ready to champion what this new era brings. For more information on Remittix, visit the website or socials . Read more: XRP comparisons see experts back this new altcoin to outpace Solana and Dogecoin Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Key Takeaways: Investors are rapidly exiting crypto ETPs as market uncertainty intensifies. Bitcoin faces the harshest sell-off, reflecting widespread risk aversion. A few alternative assets are drawing interest, signaling potential shifts in market focus. Broader economic and security concerns are fueling a cautious reallocation from digital assets. Crypto exchange-traded products (ETPs) saw record outflows of $2.9 billion last week, marking the largest weekly sell-off on record, according to CoinShares. This marks the third consecutive week of outflows, bringing total withdrawals to $3.8 billion over this period, according to CoinShares’ March 3 report. Bitcoin Leads Crypto ETP Outflows as Ethereum, Solana, and Ton Take Hits In a blog post , CoinShares, a leading European crypto investment firm, attributed the mass sell-off to several key factors. These include the $1.4 billion Bybit hack, hawkish comments from Federal Reserve Chair Jerome Powell, and profit-taking after a 19-week inflow streak that brought in $29 billion. Record outflows totalling US$3.8bn over the last 3 weeks Digital asset investment products saw outflows of $2.9bn, with #Bitcoin seeing outflows of $2.59bn last week. #Sui saw inflows of $15.5m, followed by #XRP with inflows of $5m. We can also note that #Ethereum did not… pic.twitter.com/MFKR6VySnc — CoinShares (@CoinSharesCo) March 3, 2025 These factors contributed to investor sell-offs and weakened sentiment in the crypto market. James Butterfill, head of research at CoinShares, noted that Bitcoin bore the brunt of this negative sentiment, suffering $2.59 billion in outflows last week. Meanwhile, short Bitcoin ETPs attracted $2.3 million in inflows, reflecting increased bearish bets against Bitcoin. Ethereum was not spared from the sell-off, recording about $300 million in outflows—the largest weekly outflow in its history. Crypto ETPs outflow by asset/ Source: CoinShares data as of February 28 CoinShares data as of February 28 also showed that Solana recorded $7.4 million in outflows, while Ton suffered $22.6 million in withdrawals. However, Sui was the only major crypto ETP to see strong inflows, leading with $15.5 million. XRP-based ETPs followed closely with $5 million in inflows, signaling selective investor confidence in certain altcoins despite broader market turbulence. Regional Trends and Historical Context of Crypto ETP Flows The U.S. led the outflows among crypto ETP asset managers, shedding $2.87 billion. Switzerland and Canada followed with $73 million and $16.9 million in outflows, respectively. In contrast, German investors saw the market downturn as a buying opportunity, making the country the only region with substantial inflows exceeding $55 million. Consequently, total assets under management (AUM) in crypto ETPs dropped to $138.82 billion, down from a historical high of $173 billion in January. The market surge earlier this year coincided with speculation about a U.S. government crypto reserve following comments attributed to former President Donald Trump. This is not the first time crypto ETPs have experienced mass outflows. In December 2024, U.S.-based spot Bitcoin ETFs saw over $1.5 billion in outflows over a four-day streak. However, despite these downturns, crypto ETPs have historically benefited from strong inflows. CoinShares’ data indicates that 2024 saw $44.5 billion in inflows , more than four times the total recorded in any previous year. Bitcoin alone accounted for $11.5 billion, while Ethereum experienced a seven-week streak that brought in $3.5 billion. CoinShares’ data indicates that 2024 saw $44.5 billion in inflows , more than four times the total recorded in any previous year. Bitcoin alone accounted for $11.5 billion in inflows, while Ethereum enjoyed a seven-week streak of $3.5 billion in inflows. Bitcoin’s Price Reaction and Key Macro Events Ahead Bitcoin’s price fell sharply following the record ETP outflows, hitting a four-month low of $78,197 on February 28—down 27% from its all-time high of over $109,000. BREAKING: Bitcoin falls below $88,000 for the first time since November 2024, officially enters bear market territory. $300 BILLION of market cap has been erased in crypto in 24 hours. https://t.co/Dvzm5aGuUL pic.twitter.com/V8liZsHy1G — The Kobeissi Letter (@KobeissiLetter) February 25, 2025 However, Bitcoin bulls mounted a strong recovery, with BTC/USD surging by $10,000 in a single day to trade in the $93,000 range. This resurgence followed former President Donald Trump’s apparent confirmation of the proposed strategic crypto reserve , shifting market sentiment toward long-term recovery prospects. Upcoming macroeconomic events could add further volatility to the crypto market. Investors will be watching key U.S. employment data, including jobless claims on March 6 and the jobs report on March 7, for signals on economic health. Federal Reserve Chair Jerome Powell’s speech later this week may also provide guidance on future monetary policy, shaping sentiment across risk assets, including cryptocurrencies. Frequently Asked Questions (FAQs) What are the deeper factors driving the current outflows in crypto ETPs? Investors cite rising economic uncertainty, shifting regulatory views, and cybersecurity issues as key reasons for the outflow. Heightened risk and evolving asset strategies prompt a reallocation from crypto ETPs. How might these outflows influence the broader cryptocurrency market? The retreat from ETPs could trigger lower liquidity and increased volatility across digital asset markets. Reduced institutional backing may amplify price swings and shift investor focus to alternative tokens. What might the resilience in select altcoins indicate for future trends? The inflows into certain altcoins indicate investors are seeking diversification amid stress. This selective interest may signal a shift toward assets viewed as offering stronger growth and stability. The post Bitcoin Bleeds the Most as Crypto ETPs Record Largest Weekly Outflows of $2.9 Billion: CoinShares appeared first on Cryptonews .