Bitcoin

Focuses on news, price analysis, technological evolution, and market trends within the Bitcoin ecosystem. It explores its role and influence in the global financial system.

When Asia-Pacific Stock Markets Plunge Below Circuit Breaker, Why Does Bitcoin Stand Out?

Amid escalating Middle East tensions that triggered a historic sell-off in Asia-Pacific equities on March 4, Bitcoin demonstrated unexpected resilience. While South Korea’s KOSPI plummeted 12%, its worst drop in history, and Japan’s Nikkei 225 fell 3.7%, Bitcoin rebounded after a brief dip, surging past $74,000 to a two-week high. The divergence stems from structural and fundamental differences between traditional equities and crypto. Asia-Pacific markets, heavily reliant on energy imports, faced direct economic risks from soaring oil prices due to disruptions in the Strait of Hormuz. In contrast, Bitcoin’s fixed supply and decentralized nature positioned it as a hedge against inflation and currency devaluation. Crypto markets, operating 24/7, priced in geopolitical risks ahead of traditional markets, reflecting higher pricing efficiency. Additionally, equities entered the crisis with high valuations and leverage, whereas crypto had undergone prior corrections, reducing speculative excess. Institutional participation via Bitcoin ETFs also provided stability, dampening volatility. This episode underscores a shift in asset perception: crypto is increasingly seen as a global, non-sovereign store of value amid geopolitical turmoil, while regionally tethered assets face heightened vulnerability.

marsbit1h ago

When Asia-Pacific Stock Markets Plunge Below Circuit Breaker, Why Does Bitcoin Stand Out?

marsbit1h ago

Bitcoin Reclaims $70K as ETF Investors Still Face Losses

Bitcoin has reclaimed the $70,000 level, showing a recovery after weeks of volatile trading influenced by macro uncertainty and geopolitical tensions. Despite this rebound, data from CryptoQuant indicates that the average spot Bitcoin ETF investor is still at a loss, with an estimated cost basis of around $79,000. During the recent market correction, over $8.9 billion flowed out of the ETF ecosystem, with significant outflows from major funds like BlackRock's IBIT, which saw over 42,000 BTC withdrawn. These redemptions contributed to selling pressure, though the situation appears to be stabilizing as net drawdowns have slightly improved from -$8.9 billion to -$7.8 billion.

TheNewsCrypto5h ago

Bitcoin Reclaims $70K as ETF Investors Still Face Losses

TheNewsCrypto5h ago

Bitcoin Leverage Surges As Traders Bet On $70,000 Breakout

Data from Glassnode shows Bitcoin's Open Interest, which tracks open perpetual futures contracts, saw its largest single-day spike since July 2025 as the cryptocurrency neared the $70,000 mark. This surge indicates a significant increase in speculative trading, with investors opening new positions betting on a breakout above $70,000. Although the initial attempt to break through failed and the price briefly pulled back toward $66,000, Bitcoin has since rallied strongly, surpassing $71,200. This sharp price movement triggered over $210 million in liquidations in the past 24 hours, predominantly affecting short positions. The substantial gap between Bitcoin's liquidations and those of other cryptocurrencies like Ethereum highlights that BTC is currently the focal point of market speculation.

bitcoinist6h ago

Bitcoin Leverage Surges As Traders Bet On $70,000 Breakout

bitcoinist6h ago

Bitcoin: Shorts still dominate BTC – But buyers are fighting back

Bitcoin has reclaimed the $71,000 level after weeks of volatility, though it remains uncertain if this marks the start of sustained growth or a temporary pause. The market is undergoing significant deleveraging, with Open Interest dropping from $47.5 billion to $23.2 billion since October 6th, reducing the risk of cascading liquidations and violent price swings. Despite the price rebound, derivatives data shows persistent bearish sentiment, with negative Funding Rates indicating shorts still dominate. However, the Taker Buy/Sell Ratio has risen to 1.16, suggesting growing buying pressure. Additionally, declining exchange reserves signal reduced immediate selling pressure, providing structural support. While the market isn't fully bullish, downside risk appears limited in the near term due to flushed-out leverage and easing selling pressure.

ambcrypto8h ago

Bitcoin: Shorts still dominate BTC – But buyers are fighting back

ambcrypto8h ago

US Moves Bitcoin During Iran Strikes — Market Watches Closely

The US government moved a small amount of seized Bitcoin (1.23 BTC, ~$22,550) during a period of significant market volatility triggered by military strikes on Iran. The timing of the transfer, though modest, drew attention as it coincided with a sharp crypto sell-off. Bitcoin initially fell to near $63,000 amid the geopolitical tension but later recovered to $71,000. The market whipsawed further on news of Iranian Supreme Leader Khamenei's death. Meanwhile, Iranian citizens rushed to move money via crypto, with outflows from the country's largest exchange surging 700%. The US holding $23 billion in seized cryptocurrency, traders are closely monitoring both further government wallet movements and geopolitical developments.

bitcoinist9h ago

US Moves Bitcoin During Iran Strikes — Market Watches Closely

bitcoinist9h ago

"Buying the Dip" on 400,000 BTC: Is $74,000 a Rebound or a Reversal?

Cryptocurrency markets have seen a strong rebound, with Bitcoin briefly surpassing $74,000 on March 5, marking a nearly 8% daily gain and reaching a one-month high. Ethereum also rose over 7% to around $2,100. Market sentiment has improved, with the fear index rising to 29, moving out of extreme fear territory. Key factors behind the rally include improved global risk appetite, driven by political events such as the nomination of Kevin Warsh for Fed Chair and the U.S. Senate's rejection of a resolution limiting military action against Iran. These events boosted confidence in policy continuity and reduced geopolitical risks. Bitcoin spot ETFs have shown consistent large net inflows since late February, reversing previous outflows. Over $40,000 BTC was accumulated in the $60,000–$70,000 range during the recent correction, indicating strong buying interest. Long-term holder selling pressure has also eased, supporting price stability. Stablecoin market cap remains high at over $310 billion, with USDC and other stables showing growth, reflecting sustained liquidity and capital inflow into crypto. Analysts like Cathie Wood and Tom Lee suggest the market may be nearing a bottom, with improving fundamentals and reduced selling pressure. However, investors are advised to remain cautious while recognizing emerging opportunities.

marsbit9h ago

"Buying the Dip" on 400,000 BTC: Is $74,000 a Rebound or a Reversal?

marsbit9h ago

Bitcoin jumps above $73K as $463M in short liquidations shake crypto market

The cryptocurrency market experienced a sharp rebound, with Bitcoin climbing above $73,000 and gaining 8% over 24 hours. This surge triggered a significant short squeeze, resulting in over $463 million in short liquidations compared to $79.9 million in long liquidations. Major altcoins also posted strong gains: Ethereum rose 9.66%, Solana climbed 8.94%, XRP gained 7.23%, and Dogecoin surged over 15%. The broad-based rally indicates renewed risk appetite and highlights how leveraged short positions accelerated upward momentum as bearish traders were forced to close their positions.

ambcrypto16h ago

Bitcoin jumps above $73K as $463M in short liquidations shake crypto market

ambcrypto16h ago

Riot mines 5,686 BTC and earns $647mln in 2025 – Yet its stock barely moved

Riot Platforms reported record $647.4 million revenue in 2025, a 72% increase from 2024, driven by mining 5,686 BTC. Despite Bitcoin's price surge to $87,498, Riot’s stock remained stagnant, reflecting investor concerns over rising mining costs. The average cost to mine one BTC jumped to $49,645 in 2025, up from $32,216, due to increased network competition. While Riot maintains strong liquidity with $1.6 billion in BTC holdings and $309.8 million cash, the broader mining industry faces profitability pressures from halving events, geopolitical risks, and economic uncertainty.

ambcrypto17h ago

Riot mines 5,686 BTC and earns $647mln in 2025 – Yet its stock barely moved

ambcrypto17h ago

Bitcoin’s Last Cycle Bottom Shows When The Bleed Will End This Time Around

Crypto analyst Ardi suggests Bitcoin's current downtrend may end similarly to the last cycle bottom, where the market fully reset leverage and open interest was wiped out. While recent market conditions have flushed significant leverage, current open interest at $43.86B remains higher than previous cycle lows. Ardi notes speculative excess must nearly vanish for a true bottom, but believes geopolitical tensions are already priced in. Analyst Michaël van de Poppe predicts a potential rally to $75,000–$80,000 this month after consolidation, citing reduced selling pressure from long-term holders. BTC trades around $67,800, maintaining strength amid volatility.

bitcoinist17h ago

Bitcoin’s Last Cycle Bottom Shows When The Bleed Will End This Time Around

bitcoinist17h ago

Bitcoin’s future depends on people, not governments, experts say

Experts at Bitcoin Investor Week emphasized that Bitcoin's long-term success depends on public adoption rather than government support. Strategy (formerly MicroStrategy) CEO Phong Le outlined the company's three-phase approach to Bitcoin investment, evolving from direct purchases to issuing equity instruments like perpetual preferreds, aimed at attracting traditional finance. Both Le and KindlyMD CEO David Bailey expressed strong long-term optimism, with Le stating they have no plans to sell Bitcoin unless it stagnates at $8,000 for five years. Bailey argued Bitcoin's progress is inevitable with growing ownership, though he predicted significant consolidation, with half of Bitcoin Digital Asset Treasuries (DATs) potentially disappearing in 18 months. Bitcoin's price broke key resistance, rising 7% to target $78,800.

ambcrypto18h ago

Bitcoin’s future depends on people, not governments, experts say