Day: March 7, 2025

Bitcoin Enters ‘Optimism Stage’—Is a Massive Rally About to Begin?

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Bitcoin has been showing signs of recovery after a sharp decline that pushed its price below $80,000 last week. The cryptocurrency briefly surged to $92,756 in the early hours of today before retracing to $90,279, marking a 0.7% increase in the past 24 hours. While price action remains volatile, market sentiment indicators are signaling a crucial phase for Bitcoin’s trajectory, according to CryptoQuant analyst Woominkyu. Bitcoin’s Market Cycle: Entering the Optimism Stage In a recent analysis titled “FOMO is Not Here Yet”, Woominkyu highlights Bitcoin’s Fear & Greed Index, which…

Ethereum Price Retreats—Will It Find Support or Drop Further?

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum price failed to clear the $2,320 resistance and trimmed gains. ETH is now consolidating and facing hurdles near the $2,220 resistance. Ethereum started a fresh upward move above…

US Dollar Reserve Dominance Slipping—Expert Warns Trump’s Policies Fuel the Drop

Trump’s policies are undermining the U.S. dollar’s role as the world’s reserve currency, a financial expert warns, as global markets and major economies seek alternatives. Trump’s Policies Fuel Global Shift Away From US Dollar U.S. President Donald Trump’s policies are accelerating a global shift away from the dollar, warns Nigel Green, CEO of financial advisory […] Source CryptoX Portal

Bitcoin Price In Limbo—Consolidating Below $92K Ahead of Next Move

Este artículo también está disponible en español. Bitcoin price started a recovery wave from the $85,000 zone. BTC is back above $87,500 and might struggle to clear the $92,000 resistance zone. Bitcoin started a fresh upward move from the $85,000 zone. The price is trading below $90,000 and the 100 hourly Simple moving average. There is a short-term contracting triangle forming with resistance at $89,650 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start another decline if it fails to clear the $92,000…

Ether sentiment hits yearly low but that could be a good thing: Santiment

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Social sentiment over Ether has hit a new low for the year as the price underperforms that of other cryptocurrencies; however, this could signal that it’s ready to bounce back, according to Santiment.  Santiment’s social sentiment tracker found that traders’ discussions about Ether on various social media channels like X, Reddit and Telegram are more bearish compared to other major cryptocurrencies, the blockchain data platform said in a March 5 X post. “For those patiently holding their Ether, the bearishness being projected across social media is a good sign of…

Bitcoin Reclaims $90K But This Indicator Signals Possible Consolidation Phase

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Bitcoin has started to recover gradually after experiencing a notable drop in recent weeks. So far, BTC has reclaimed the $90,000 level amid renewed market activity. The cryptocurrency surged nearly 10% yesterday, briefly reaching a high of $92,756 in the early hours of today before experiencing a minor pullback. At the time of writing, Bitcoin is trading at $90,156, marking a 0.6% decrease over the past 24 hours. Short-Term Holder Trends and Potential Market Consolidation Yonsei Dent, a contributor to CryptoQuant’s QuickTake platform, pointed out earlier today a tightening trend…

Bitcoin Tumbles Below $85K as Trump’s Crypto Reserve Order Sparks Sell-Off 

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Bitcoin and all the major cryptocurrencies plummeted following Donald Trump’s bitcoin reserve executive order, with BTC hitting an intraday low of $84,713 amid a broader market sell-off. Bitcoin Slides Following Trump Announcement Bitcoin nosedived to $84,713 Wednesday, erasing gains from its recent $90,000 peak, as traders reacted sharply to former President Donald Trump’s Bitcoin Reserve […] Original

Bitcoin plunges 6% as Trump’s crypto reserve falls short of hopes

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Bitcoin has plunged approximately 6% after US President Donald Trump signed an executive order to establish a Strategic Bitcoin Reserve. Market participants had hoped the government would announce a plan to buy more Bitcoin (BTC), but Trump’s crypto tsar David Sacks said on X it would only use the Bitcoin it already holds from criminal cases — though it will look to develop “budget-neutral” strategies to acquire additional Bitcoin. Bitcoin dropped about 6%, falling from $90,400 to $84,979, according to CoinMarketCap data. Bitcoin has slightly recovered since, trading at $86,460…

Trump Signs Order Establishing ‘Digital Fort Knox’ Bitcoin Reserve Funded by Seized Assets

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President Donald Trump enacted an executive directive on Thursday, instructing federal agencies to launch a U.S. strategic bitcoin repository and a complementary repository for other digital currencies, solely funded by assets seized in civil or criminal cases. Trump’s ‘Digital Fort Knox’ Unveiled The order mandates the creation of a Bitcoin Strategic Reserve to store cryptocurrency […] Original