Tag Archives: #crypto

Bitcoin Price Drops: 2025 Market Difficulties

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As the week starts, the price of Bitcoin has dropped to $90,000, marking a recent considerable dip.

This represents a 4% drop from the weekend before, adding to a roughly 7% overall loss since Saturday.

Growing worries about the state of the economy and market morale have caused Bitcoin to plummet 11% over the last week.

Economic Aspects That Affect Cryptocurrency

Bond yields have risen as a result of stronger-than-expected payroll figures, which is the cause of the recent decline in Bitcoin and the larger cryptocurrency market.

The U.S. dollar has strengthened more as a result of this circumstance, which has raised concerns about possible tariff measures from President-elect Donald Trump.

Consequently, there has been pressure on tech stocks like Ethereum and Bitcoin.

Ethereum has also been affected, falling 7% on Monday, while the CoinDesk 20 index shows that the whole cryptocurrency market has fallen by more than

Future Forecasts and Investor Attitudes

Although the value of Bitcoin increased by an astounding 120% in 2024, it has now reversed course in 2025 and is currently down 3%. At first, investors had high expectations because they were hopeful that the White House and Congress would support cryptocurrency.

The first quarter of 2025 might be more turbulent than expected, nevertheless, according to recent market trends.

Investors are left wondering if Bitcoin can recoup its prior momentum or if a protracted decline is likely as it battles to hold its position.

Uncertainty over the future of Bitcoin and other cryptocurrencies is increased by the market’s response to macroeconomic difficulties and changing fiscal policies.

The Price of Bitcoin Falls Below $91,000: Is a Serious Crypto Crash Coming?

Investors are alarmed by Bitcoin’s latest decline below $91,000, which suggests possible volatility in the cryptocurrency market.

Alongside this steep drop, there are other economic and market risks that could cause a big sell-off.

The Decline in Bitcoin’s Price and Market Responses

The Unexpected Drop in Bitcoin: After a wave of excitement that saw prices approaching $110,000 after Donald Trump’s presidential triumph, the cryptocurrency has dropped below $91,000.

Investor confidence has been rattled by this sudden decline, and concerns of a wider crypto market meltdown have been rekindled.

Issues with Market Volatility: Many investors are cautious about continued volatility in the cryptocurrency space, and the latest price decline has increased concerns about a wider sell-off in the months to come.

Possible Drawbacks of Higher Interest Rates:

Traders are growing more worried that the state of the economy may reduce demand for riskier assets like Bitcoin, which might result in more price drops, given the Fed’s cautious attitude to rate cuts.

The Impact of the Federal Reserve on Cryptocurrency

The Fed’s Effect on Market Attitude: Uncertainty in the cryptocurrency market has been exacerbated by positive economic indications that imply the Federal Reserve may forego cutting interest rates this year.

For Bitcoin and other digital assets that usually flourish in an atmosphere with low interest rates, such circumstances are seen as a challenge.

Support Levels and Market Forecasts for Bitcoin:

According to analysts, the next significant support level for Bitcoin might be around $88,000.

If bearish momentum keeps growing, there is a chance that the price might drop as far as $74,000.

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Growing Bearish mood:

The cryptocurrency’s recent price difficulties point to a change in market mood as momentum seems to have paused, increasing selling pressure and eroding investor faith in the market’s near-term prospects.

Value and Risks of the Crypto Market Overall

The market capitalisation falls below $3.2 trillion. There are worries about a possible full-scale market crash now that the whole cryptocurrency market capitalisation has dropped below the critical $3.2 trillion mark.

This level is seen as pivotal for maintaining investor trust.

From $4 Trillion High to Current Woes: After reaching an all-time high of nearly $4 trillion post-election, the cryptocurrency market is now struggling to sustain those levels, casting doubt on the longevity of this bullish phase.

Future Prospects for Bitcoin and the Crypto Market

Investors are uncertain and cautious as the price of Bitcoin keeps moving up and down, leaving traders to wonder if a long-term correction is imminent or if the market can regain its positive momentum.

Prospects for Further Declines: Analysts warn that the combination of persistent economic headwinds and poor price action may cause Bitcoin, Ethereum, and other significant cryptocurrencies to continue their downward trends.

In conclusion, is a crash in the cryptocurrency market imminent?

The likelihood of a full-scale market meltdown is growing more apparent with Bitcoin’s latest price drop and the entire cryptocurrency market facing strong resistance at the $3.2 trillion barrier.

As the market negotiates the changing economic environment and the possible ramifications of Federal Reserve policy, traders should prepare for ongoing volatility.

Bitcoin rises to record high as Trump picks SEC chair view as being pro crypto

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Bitcoin hits $100,000 for first time on Wednesday rising to new record after President elect Donald Trump announced administration picks seen as key to ushering in crypto friendly policies when he takes office in January.

The latest milestone builds on  rally set in motion Trump was projected to win the presidency on November 6 which fueled a $60000 one day spike in bitcoin that brought it to new record above $74,000.

Chief among picks is Paul Atkins whom Trump intends to nominated to lead securities and exchange commission SEC which regulates cryptocurrency.

Atkins a crypto advocate and former SEC commissioner is expected to regulate cryptocurrency with a lighter touch than Gary Gensler who lead commission under Biden Administration Gensler who aggressively fought industry expansion in US is set to resign on Inauguration Day.

Bitcoin is up 130% for year so far with post election rally accounting for portion of its gains.

Its performance far outpaces the S&P 500 which is up 28$ over same period.

Trump media company which owns Truth Social is in talks to purchase crypto trading forum Bakkt.

“If you like bitcoin at $100,000 you are going to love it at $1 million”

Trump once a crypto skeptic had called it not money labelling it highly volatile and based on thin air”

He took a  180 turn in months leading up to his reelection as he sought to attract younger male voters who tend to own more crypto compared to demographic groups.

Trump headline the crypto convention in Nashville where he vowed to create a strategic national bitcoin stockpile and hold on to bitcoin government seizes from criminals rather than auctioning it off which is current practice”,

“if crypto is going to define the future i want it to be minted and made in USA”

Bitcoin drops below $50,000 for the first time since February

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  • Crypto Stocks Coinbase and MicroStrategy were among the hardest hit in premarket trading.
  • Bitcoin down to $49,111.10 at one point its lowest level and fist time under $50,000 since February after trading close to $70,000 week before
  • The move follow a broader market sell off that start last week when a weaker than anticipated July jobs report renewed investor fears of recession.

Cryptocurrencies amid global market sell off spurred by recession danger.

The price of bitcoin down over 13% on Monday to $50,963.57 according to Coin Metrics.

At one point it down to $49,111.10 its lowest level and first time under $50,000 since February.

Crypto stocks were among hit in premarket trading. Coinbase took a 13% dip. MicroStrategy slid nearly 17% Mining stocks double digit losses too.

The move follow a broader market sell off that start last week when a weaker than anticipated July jobs report renewed investors fear of a recession.

Japan stocks entered a bear market Monday after plunging over 12% overnight its worst one day sell since 1987.

Bitcoin has lost almost 18% since Saturday. A week before on July 20 it climbed as high as $69.982.

Ether losses were even steeper. The crypto asset dropped 17% to $2,271.21 bringing its three day loss to 24% and erasing its 2024 again.

“Thirty percent slumps as scary as they are pair for the course during bull markets and bitcoin bounced back more than $50,000.

“But make no mistake we are in a choppy volatile market environment  the moment to turn bullish will be when bitcoin retakes its 200 day moving average which tells us if we are in a bull or bear market $61,500.

The move follow a broader market sell off that start last week. When a weaket than anticipated july jobs report renewed investor fears of recession.

The tech heavy Nasdaq Composite entered a correction.

Japan stocks entered a bear market Monday after plunging over 12% overnight one day sell off since 1987.

Crypto traders faced mega losses as mega cryptocurrencies including Ether and Bitcoin experienced a sharp downfall resulting in more than $1 billion in liquidations.

Crypto investors and traders lost $1.08 billion in total liquidations amid falling prices of mega cryptocurrencies including Ether, Solana and Bitcoin.

 On Aug 5 crypto market prices saw a mega decline owing to weakening global economy which was catalyzed further by crash of stock market of Japan.
In the process almost 300,000 crypto traders were liquidated from leveraged positions or collateral trades according to data from Coinglass.
Traders await a comeback of the bull run hackers found a chance for profits and bear market.
Ether lost more than 20% of its value from $2,760 to 42,172 funds linked to a hack on crypto bridge Nomad in Aug 2022 were used to buy 16,892 Ether.
As Bitcoin prices crashed from almost $65,000 to $50,000 mark traders holding long position on crypto exchanges lost over $315 million in under 24 hours.
On other hands shorters lost $62.23 million in process.
Traders with Ethereum long positions lost a total of $305 million while traders holding short position lost over $50 million.
Long positions across all crypto assets lost over $930 million in 24 hours while shorters lost $163.45 million
Other crypto liquidations were recorded on OKX Huobi, BitMEX and Bybit among other exchanges.
Bitcoin has been affected by range of factors since hitting a record of $73,798 in March.
US political flux as pro crypto Republican Donald Trump and Democratic opponent vice president Kamala Harris has yet to detail a digital asset policy position lock horns in president race.
US exchange traded funds for Bitcoin suffered their largest outflows in about three months on Aug 2.
The products will attract dip buyers when they resume trading or witness a deeper efflux.
Digital assets are victim in part of unwinding yen carry trade as speculators adjust to higher interest rates in Japan.
Those investors are fighting a drastic increase in hedging cost based on the volatility in US dollar Japanese yen trading pair “Hughes said.