Month: March 2025

According to an X post by crypto trader Merlijn The Trader, Bitcoin (BTC) is following the ‘megaphone pattern’, positioning the top cryptocurrency for potential upside momentum. However, BTC must stay above the $72,000 price level for the pattern to play out. Bitcoin Following Megaphone Pattern – Time To Buy?...

On Monday, economist Peter Schiff questioned the U.S. government’s decision to hold Bitcoin (CRYPTO: BTC) as a reserve asset amid the apex cryptocurrency’s ongoing slump. What Happened: Schiff took to X to point out that Bitcoin’s market value has plunged 30% from its January record high, dropping below $77,000. “It’s hard to see the rationale...

For seven weeks in a row, Bitcoin price has experienced several retracements, falling from its peak of $109,000 in January to a Mar. 11 low of around $77,000.  The drop has resulted in the loss of about 30% of Bitcoin’s…...

Utah’s State Senate has exited the Strategic Bitcoin Reserve (SBR) race after amending the proposed bill allowing the state treasury to invest in digital assets. The amended legislation is now headed to Utah Governor Spencer Cox’s desk to be signed into law. Utah Passes Bitcoin Bill Without Key Clause...

Leading cryptocurrencies extended losses Monday, mirroring the stock rout, as investors get jittery over recession concerns. Cryptocurrency Gains +/- Price (Recorded at 8:30 p.m. ET) Bitcoin (CRYPTO: BTC) -4.54% $76,982.36 Ethereum (CRYPTO: ETH)                -9.88% $1,821.41 Dogecoin (CRYPTO: DOGE)           -11.00% $0.1478 What Happened: Bitcoin sank below $77,000 to hit a...

The transfer of Bitcoin by Mt. Gox could influence market volatility and investor sentiment amid ongoing price fluctuations and regulatory concerns. The post Mt. Gox moves 11,501 Bitcoin to unmasked wallet after price drops below $77,000 appeared first on Crypto Briefing....

Shiba Inu is reeling from a sharp price crash, with on-chain data pointing to massive selling by large holders (whales) as the culprit. Over the past week, SHIB’s market value has dropped significantly alongside the rest of the industry, erasing recent gains and testing key support levels. The exodus...

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Bitcoin, the number one cryptocurrency by market capitalization, is facing market turbulence, but prominent trader CrediBULL Crypto remains unfazed. He argues that BTC’s correlation with traditional stocks is overstated, and maintains that the asset’s long-term trajectory remains intact. Bitcoin’s Correlation With Stocks: Overblown Fears? The recent dip in the...

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