Bitcoin is once again trading below the $85,000 mark after a series of wild price swings that have left investors uncertain about its next move. Market volatility surged following President Trump’s announcement that he plans to establish a U.S. strategic crypto reserve, sparking a brief rally that pushed BTC to $95,000 in just hours. However, the momentum was short-lived, as Bitcoin quickly retraced the entire jump, bringing prices back down and reinforcing the ongoing instability in the market. This rollercoaster price action reflects the current uncertainty surrounding Bitcoin, with traders struggling to determine whether BTC is gearing up for another leg higher or facing further downside pressure. While Trump’s pro-crypto stance briefly lifted sentiment, it wasn’t enough to sustain a breakout, highlighting weakness in overall market conditions. CryptoQuant CEO Ki Young Ju weighed in on the situation, stating that Bitcoin’s market conditions will likely remain slow until sentiment in the U.S. improves. With regulatory concerns, macroeconomic uncertainty, and shifting investor sentiment, Bitcoin’s ability to sustain higher levels remains in question. Until stronger catalysts emerge, BTC may continue trading in a volatile, range-bound environment, leaving traders watching for the next decisive move. Bitcoin Indicators Suggest Bull Cycle Is Still Intact Bitcoin has struggled below the $90,000 level for days, and now it finds itself even failing to hold above $85,000. The lack of momentum has kept BTC in bearish territory, with bulls needing to step in soon to avoid a deeper decline. Despite several attempts at recovery, Bitcoin and the entire crypto market remain under pressure, unable to confirm a sustained push higher. Bulls lost control when BTC dropped below $90,000, and the failure to reclaim this zone has intensified bearish sentiment, leading many analysts to call for a potential bear market. However, Ju believes the bull cycle isn’t necessarily over . His analysis highlights that on-chain activity remains insignificant, and key indicators are neutral, suggesting that the broader bull trend is still intact despite recent weakness. Additionally, fundamentals remain strong, with more mining rigs coming online, signaling continued confidence from major players. Ju also points out that if this cycle were to end here, it would be an unwanted outcome for nearly all major stakeholders—old whales, mining companies, traditional finance (TradFi), and even Trump’s pro-crypto stance. Retail traders, often seen as late-cycle participants, are unlikely to influence the market’s direction at this stage. For now, Bitcoin remains at a pivotal moment, with the next few days being crucial for determining whether BTC can reclaim lost ground or if further downside is inevitable. A break below key support levels could confirm a prolonged correction, while a strong recovery could reignite the uptrend. BTC Testing Crucial Liquidity Levels Bitcoin is currently trading at $83,700 after days of wild price swings above and below $90,000. The market remains highly volatile, with bulls struggling to regain control after BTC lost its grip on key support levels. For Bitcoin to start a meaningful recovery, it must reclaim $90,000 as soon as possible. This level serves as the gateway to reversing the recent downtrend and shifting momentum back in favor of the bulls. However, the main level to hold remains $85,000—a critical support that has dictated price action in recent weeks. If BTC stays below $85,000 for the next few days, it could trigger a massive drop, increasing selling pressure and leading to a deeper correction. This scenario would likely confirm extended bearish momentum, putting Bitcoin at risk of testing lower support levels. For now, traders are watching BTC’s ability to reclaim lost ground or break lower. If Bitcoin can push back above $85,000, it could prevent further downside and provide some short-term stability. However, failure to hold this level could accelerate the bearish trend, leaving BTC vulnerable to further declines in the coming days. Featured image from Dall-E, chart from TradingView
Bitcoin’s recent price movements have reflected a mix of optimism and uncertainty for investors. Earlier this week, Bitcoin surged to $94,000 following news of the U.S. crypto strategic reserve, which is set to include BTC, ETH, SOL, ADA, and other major digital assets. However, the asset has since reversed its upward momentum, falling by 10% and bringing its price below $84,000 as of today. This decline has sparked discussions among analysts about the factors influencing Bitcoin’s short-term performance. CryptoQuant analyst Banker has highlighted a significant shift in investor sentiment and market behavior, particularly focusing on open interest changes in derivatives trading and the Crypto Fear & Greed Index. These indicators may provide insight into potential market trends in the coming weeks. Related Reading: Bitcoin Repeats Historic Pattern—Is a Breakout Toward $100K Next? Open Interest Decline and Shifting Market Sentiment One key metric being analyzed is the Open Interest Change (7D), which tracks the total outstanding derivatives contracts. According to Banker, this metric dropped by 14.42% on March 1, signaling a reduction in speculative activity. Such a decline often suggests that traders are unwinding their positions, potentially leading to a market reset. Historically, similar declines have been followed by price stabilization or recovery as speculative excesses are removed from the market. Additionally, the Crypto Fear & Greed Index, a widely used sentiment indicator, has dropped sharply since February 4. The index fell from 72 (extreme greed) to 26 (fear), indicating a shift in market sentiment. A reading above 70 typically suggests an overbought market, while a lower reading signals growing investor caution. This shift may reflect broader uncertainty in the crypto market, possibly influenced by external factors such as regulatory discussions and macroeconomic developments. Banker noted: The recent decline suggests a cooling-off period, which could pave the way for a healthier market environment. However, the sharp drop in sentiment also reflects heightened caution among investors, likely driven by recent market turbulence and fundamental developments, such as news surrounding the U.S. government’s crypto reserves. Bitcoin Market Outlook and Upcoming Events According to Banker, upcoming events could influence Bitcoin’s price trajectory. The analyst mentioned that the Crypto Summit at the White House on March 7 is expected to discuss cryptocurrency regulation and market policies. Related Reading: Bitcoin’s ‘KISS Of Death’? Arthur Hayes Warns Of Recession Before Surge Banker suggest that announcements from the event could lead to short-term volatility, particularly for Bitcoin, Ethereum, and other major assets like ADA, XRP, and SOL. Depending on the regulatory stance taken, the market may react with further price swings or a potential rebound. The CryptoQuant analyst wrote: Depending on the outcomes and announcements, there may be a small window of upside potential. For now, investors should remain cautious but vigilant, as the current dip in open interest and sentiment could offer strategic entry points for those with a longer-term perspective. Featured image created with DALL-E, Chart from TradingView
Polkadot (DOT) price has taken a dramatic turn, breaking below the crucial $4.8 support level, a critical threshold that previously provided stability for the asset. This decisive move to the downside signals increased bearish pressure, as sellers continue to dominate the market. With DOT now trading in a vulnerable zone, concerns are mounting over whether further losses could be imminent. Despite the bearish outlook, the $3.5 key support zone remains in focus, offering potential areas where DOT could stabilize or even stage a recovery. If bulls step in with strong buying momentum, the price could attempt to reclaim lost ground. However, failure to hold above these crucial levels may result in a deeper correction, pushing DOT toward even lower price points. Market Sentiment And What It Means For Polkadot Market sentiment plays a crucial role in shaping Polkadot’s price action, especially after its breakdown below the $4.8 support level. Currently, bearish sentiment dominates as traders react to increased selling pressure. Fear of additional losses may cause short-term holders to exit their positions, potentially fueling a deeper decline toward key support zones. Related Reading: Polkadot (DOT) Defies Market Volatility, Holds Strong Above $4.8 Support Level The price has also slipped beneath the 100-day Simple Moving Average (SMA), a key technical indicator that often determines market trends. This breakdown suggests that bearish momentum is strengthening, as the SMA typically acts as a dynamic support level in an uptrend. Should DOT fail to reclaim this level in the near term, selling pressure might intensify, leading to further declines. However, a decisive move back above the 100-day SMA could indicate a potential reversal, allowing bulls to regain control and push the price higher. Polkadot recent drop below $4.8 is reinforced by bearish technical indicators, suggesting the downtrend may continue. The Relative Strength Index (RSI) is trending downward, indicating weakening momentum and a lack of strong buying interest. Potential Scenarios: Rebound Or Continued Decline? The recent breakdown of Polkadot below the $4.8 support level has left the market at a crossroads, with two primary scenarios emerging: a potential rebound or a continued decline. Should buyers step in at the $3.5 support level, DOT could attempt a recovery, targeting resistance at $4.8 and possibly $6.2. Related Reading: Polkadot (DOT) Breakout Looms With $17 Target In Sight – Details A strong rebound from this zone, supported by increased volume and improving market sentiment, may signal a bullish reversal and reignite upward momentum. On the other hand, if selling pressure persists and DOT fails to reclaim key levels, the decline might extend toward $3.5 or even $1.9, with traders growing cautious amid weakening technical indicators. Featured image from Medium, chart from Tradingview.com
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Explore the latest Pepe forecast and Ethereum Classic price trends as market uncertainty grows. Discover BlockDAG’s 400% BDAG800 bonus and its upcoming CEX listings. Table of Contents Pepe forecast: Crash or comeback ahead? Ethereum Classic: Will ETC hold at $17 or drop? BlockDAG’s biggest bonus: 400% extra BDAG on every purchase Closing outlook The PEPE price prediction debates are in full swing, with analysts split on whether PEPE is headed for a sharp correction or gearing up for a rebound. ETC is also struggling with volatility as the Ethereum Classic price sits at a critical point, hovering around $17, and traders are waiting to see if it can hold its ground or slip lower. All this uncertainty has some traders looking elsewhere, and that’s where BlockDAG (BDAG) comes in. With its BDAG800 code unlocking a 400% bonus for buyers and the presale crossing $200.5 million, BlockDAG is gaining serious momentum. Plus, as 30,000x ROI predictions grow stronger, BDAG has quickly become the crypto opportunity traders can’t afford to miss before its massive multi-exchange debut. Pepe forecast: Crash or comeback ahead? The Pepe price prediction has become a key discussion point as the meme coin market struggles with a downturn. After a meteoric rise in late 2024, Pepe has erased its gains and is now trading below its previous lows. Market analysts remain divided: while some predict a sharp 70% correction, others believe PEPE could rebound and aim for $0.000050. The coin’s bearish sentiment is evident in its declining trading volume. However, with Ethereum’s growing adoption, some experts suggest PEPE could still see a resurgence. Given the uncertainty, the Pepe price prediction remains a subject of debate among traders watching for potential recovery signals. Ethereum Classic: Will ETC hold at $17 or drop? The Ethereum Classic price has been hovering around $17, a crucial support level that could determine its next move. After a period of consolidation, multiple breakouts have occurred, but failed attempts to sustain an upward trend suggest market uncertainty. Technical indicators, including MACD and RSI, show mixed signals, with some suggesting oversold conditions while others indicate a possible downturn. If the price breaks below $17, further losses may follow, but a failed bearish pattern could push it toward $21. Traders remain cautious, closely monitoring Ethereum Classic price movements as broader market conditions, particularly Bitcoin and Ethereum trends, influence its direction. You might also like: After Aave and NEAR’s success, BlockDAG’s 350% bonus draws growing attention BlockDAG’s biggest bonus: 400% extra BDAG on every purchase BlockDAG has rolled out its most rewarding offer to date, BDAG800 code offering a 400% bonus on BDAG purchases. Buyers receive four times the amount of BDAG they normally would by simply entering BDAG800 at checkout on the BlockDAG Dashboard. For instance, a $5,000 purchase now yields BDAG worth $25,000 at presale pricing. With $200.5 million raised and over 18.6 billion BDAG sold, demand continues to surge. The coin’s value has already skyrocketed 2380% from its initial $0.001 price, reinforcing market confidence. Many consider it the best crypto to buy right now, especially as presale batches continue selling out rapidly. Once BDAG enters the open market, these discounted prices will disappear, and early buyers will already be positioned for massive gains. With 10 centralised exchanges preparing to list BDAG, its transition from presale to open market is set to drive a major shift in value. Right now, BDAG is at discounted presale pricing, but once trading begins, the market will set its true worth and the coin will explode. This is why crypto whales and seasoned traders are accumulating BDAG ahead of its debut; they anticipate a strong price movement once millions of new traders gain access. Many already view BDAG as the best crypto to buy right now, knowing that early positioning could mean capitalizing on significant post-listing momentum. BDAG’s rapid growth has caught the attention of analysts who speculate its long-term trajectory could be one of the most explosive in recent history. The 2380% price increase since batch 1 is already a strong indicator, but projections go even further; analysts anticipate a potential 30,000x ROI for early supporters. Closing outlook The crypto market is a mix of uncertainty and opportunity. Pepe price prediction has traders split between hopes of a rebound and fears of a deeper drop. Ethereum Classic price is holding steady at a key level, but its next move hinges on broader market shifts. While PEPE and ETC struggle with volatility, BlockDAG is moving full speed ahead. The BDAG800 code offering a 400% bonus, is the final opportunity for buyers to lock in four times extra BDAG at presale prices. With $200.5 million raised, 10 CEX listings approaching, and analysts eyeing a 30,000x ROI, this could be the last real shot to secure one of the most promising cryptos today. To learn more about BDAG, visit its presale , website , Telegram and Discord . Read more: 500k users mine BlockDAG daily as ETH ETF trading surges, SOL traders hesitate 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.
On March 5th, COINOTAG reported noteworthy activity in the cryptocurrency market as a significant entity, commonly referred to as a whale, made a strategic withdrawal of 2,417 ETH valued at
While all seemed lost, the US strategic crypto reserve sparked a huge upswing, perhaps the start of another bull run. US President Donald Trump gave an executive order to move ahead with a crypto reserve that includes the XRP coin, ETH and a handful of others. This directive saw Ripple (XRP) retest $3; the Ethereum price also exploded. At the same time, FOMO hits as the new ERC-20 token DTX Exchange (DTX) approaches its debut. With a minimum 2x gain anticipated at the launch date and new investors primed for a 4x ROI, a buying spree unfolds. Almost $16 million has been raised in early funding and holders have exceeded 700,000—a new DeFi project to watch out for. DTX Exchange (DTX): Buying Spree Unfolds as Launch Date Approaches Scheduled to go live this quarter, DTX Exchange (DTX) has been dubbed the best ICO. It has plenty of room to run as a new and low-cap DeFi coin, boasting higher growth prospects than the XRP coin and more budget-friendly than the Ethereum price. As a buying spree unfolds, over $15.5 million has been raised in funding. Priced at $0.18 in the final and bonus ICO round, DTX would soar 2x at the listing price of $0.36. That isn’t all. New buyers can make a 4x gain by applying “LIST2X” at the checkout before the launch day. With further upswings anticipated post-launch, it has been hailed as the best new crypto to invest in. Further, its blend of DeFi and TradFi is another of its biggest appeals. As the first crypto-native platform to offer stocks, ETFs, forex, bonds and over 120,000 currency pairs, DTX will be a one-stop shop. There will be no need to circle different exchanges for asset management and the platform will combine the best elements of CEX and DEX—a hybrid protocol. Ripple (XRP): Exploding Over 30% The XRP coin exploded over 30% in the daily timeframe—one of the biggest runners. It retests $3 from $1.95, the previous week’s low. Meanwhile, further gains are expected as sentiment turns optimistic following its inclusion in the US crypto reserve. Bullish MACD Level (12, 26) and 9-HMA hint at further upswings in the XRP coin price. At the same time, bold XRP coin price predictions have been flying, placing it among the altcoins to watch. Barkmeta, a top analyst, expects a rally past $10 for the XRP coin. Meanwhile, XrpBart, a leading expert, believes $5 to $8 is a realistic target. However, DTX Exchange (DTX) might be a better bet for those who wish to make the most of this bull market. As a low-cap gem, it has plenty of room to run, not to mention it is backed by a bullish narrative—a blend of DeFi and TradFi. Ethereum (ETH) Targets Breakout The leading altcoin started the week strongly as the Ethereum price retested $2,500. While it is a long way from $3,300, its 30-day high, there has been a significant uptick from $2,000, its week low. The coming days promise further upswing, considering its addition to the US crypto strategic reserve. As expected, bullish Ethereum price predictions have been flying. A notable one is by Jasonappleton—a surge past $3,300 if the $2,750 resistance is breached. Other analysts predict the Ethereum price could soar as high as $10,000, highlighting growing confidence. At the same time, key technical indicators like the Ethereum price retailing above the 10-EMA and 10-SMA signal a potential upswing. However, considering its large market cap as the leading altcoin, ETH’s upside potential is limited. This makes DTX a better alternative—a new DeFi crypto with plenty of room to run. DTX Exchange (DTX): In the Spotlight Alongside Ripple (XRP) and Ethereum (ETH) The Ethereum price reacted positively to the news of a US crypto reserve and the leading altcoin being among the assets, as did the XRP coin. DTX Exchange (DTX), a new DeFi coin, also basks in the spotlight as its launch date approaches. In the bonus and final ICO round, it could soar as high as 70x this year, besides the anticipated 2x gain on the launch date. Find out more information about DTX Exchange (DTX) by visiting the links below: Buy Presale Visit DTX Website Join The DTX Community Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here .
The cryptocurrency market experienced a sudden rise after Donald Trump announced the US Strategic Cryptocurrency Reserve, and the world's largest cryptocurrency, Bitcoin, quickly rose above $90,000. However, the subsequent decline was just as rapid as the rise, with the BTC price losing 8% in the last 24 hours and trading at $82,327 at the time of writing. On the other hand, the decline was felt even more severely on the largest altcoin, Ethereum. ETH price lost approximately 11% in the last 24 hours and fell below $ 2,000. At the time of writing, it is trading at $ 2,021. ETH fiyatında yaşanan sert düşüşü gösteren grafik. The reason for the decline is the skepticism that has risen against this idea, as the cryptocurrency strategic reserve includes not only Bitcoin but also some other altcoins, and more importantly, the customs duties that Donald Trump has not backed down and implemented. Even the message from US Treasury Secretary Scott Bessent that they are determined to lower interest rates could not start any upward momentum in the market. Related News: JUST IN: Coinbase Announces to List 3 Altcoins in Futures With the decline, a serious liquidation wave was also triggered in the cryptocurrency market. In the last 24 hours, a total of $1.05 billion was liquidated in the cryptocurrency market, $872 million of which were in long positions. Graph showing liquidations in the cryptocurrency market in the last 24 hours. The cryptocurrency market will keep an eye on the economic data to be released this week, as well as the cryptocurrency conference that Donald Trump will attend on Friday. *This is not investment advice. Continue Reading: Bitcoin Price Decline Dominates, Ethereum Saw Below $ 2,000 – What Causes the Decline? Here is the Latest Situation
Hamster Network is processing 34,028 transactions per second, positioning itself among the fastest blockchain platforms. This performance surpasses other notable blockchains, such as Aptos ( APT ), with a maximum recorded TPS of 11,936, Solana ( SOL ) at 7,229, and Algorand ( ALGO ) at 5,716, according to data seen by crypto.news. Hamster Kombat ( HMSTR ) developers are working to create utility for the token. They recently launched a layer-2 network on the TON ( TON ) blockchain aimed at improving transaction speeds and lowering costs. You might also like: Marathon Digital stock down 5% amid concerning Bitcoin production announcement Hamster Kombat’s larger transaction volume In simple terms, a blockchain is a digital ledger that records transactions across a decentralized network of computers. TPS measures the speed at which transactions are processed, with higher TPS indicating a network’s ability to handle a greater number of transactions in a given timeframe—an essential feature for applications that require fast and efficient processing. Hamster Network’s recent milestone allows it to handle a significantly higher transaction volume compared to many existing platforms. This capability is particularly crucial for decentralized applications, which operate on a blockchain rather than a centralized server. Faster transaction speeds can lead to more responsive and efficient DApps, enhancing user experience and broadening the scope of potential applications. However, it’s important to note that theoretical or peak TPS figures often differ from real-world performance. While some platforms claim high theoretical TPS, their actual observed performance may be significantly lower. You might also like: US crypto reserve bombshell sends XRP, ADA soaring; ETH whales eye GameFi utility project
Ricardo Salinas Pliego, Mexico's third richest man, has revealed his commitment to Bitcoin despite the declines. Accordingly, Ricardo Salinas, one of the biggest supporters of Bitcoin, announced that approximately 70% of his investment portfolio is in Bitcoin. Speaking to Bloomberg, Salinas said he allocated the remaining 30% to stocks of gold and gold mining companies. Salinas emphasized that he does not hold bonds or other company stocks, instead preferring to invest only in what he considers the most solid assets, such as Bitcoin and gold. “I have a 70% exposure to Bitcoin and a 30% exposure to gold and gold mining. I don't own a single bond and I don't own any stock other than my own.” Salinas's 70% exposure to Bitcoin is a much higher rate than the 10% the billionaire announced he allocated to Bitcoin in 2020, and it appears that he has significantly increased his BTC investments in five years. Salinas' net worth of assets is estimated to be around $5.8 billion. Salinas, who has been recommending people invest in Bitcoin for years, said in an interview in 2022, “You should buy Bitcoin. Keep buying BTC when the price is low. Then hold on to your BTC, forget about selling it. Forget about selling it, Trust me, you will thank me later.” ” ] *This is not investment advice. Continue Reading: Famous Billionaire Who Said “Buy Bitcoin, You Will Thank Me Later!” Revealed His Bitcoin Portfolio!
Bitcoin Magazine Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure Ricardo Salinas , the billionaire owner of Mexican conglomerate Grupo Salinas, revealed in a recent interview that he has allocated 70% of his investment portfolio to bitcoin and bitcoin-related assets. JUST IN: Mexican billionaire Ricardo Salinas says, “I’ve got about 70% in #Bitcoin -related exposure.” pic.twitter.com/1WqA9IBFED — Bitcoin Magazine (@BitcoinMagazine) March 4, 2025 The prominent bitcoin advocate disclosed that the remaining 30% of his portfolio consists of gold and shares in his own companies. He stated , “I don’t have a single bond, and I don’t have any other stocks except my own.” Salinas, whose net worth is estimated at $4.8 billion , has significantly increased his bitcoin exposure from 10% in 2020. The billionaire has been a vocal supporter of bitcoin, and he plans to make his bank, Banco Azteca, the first in Mexico to accept it. The revelation comes as Salinas aims to delist his flagship firm, Grupo Elektra , from public markets. He says this move will free him from shareholders and allow him to run the business as he wishes. Salinas has faced turbulent times recently, with Grupo Elektra’s share price plummeting 70% last year and wiping out nearly $5 billion of his fortune. He remains locked in legal battles with the Mexican government over alleged unpaid taxes. However, the tycoon remains defiant, stating, “Despite all the problems in Mexico, our businesses are doing well. Now I’m free to do my thing.” Despite legal battles and political uncertainty, Salinas remains committed to Bitcoin as a core pillar of his financial strategy. He has emerged as one of Latin America’s most influential Bitcoin proponents. Salinas’ vocal support further validates bitcoin’s prospects as a long-term store of value. If his bet pays off, the billionaire could cement his legacy as one of the earliest corporate champions of bitcoin. This post Mexican Billionaire Salinas Says He Has 70% Bitcoin-Related Exposure first appeared on Bitcoin Magazine and is written by Vivek Sen Bitcoin .