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Dow Opens Higher; Bitcoin Extends Selloff — WSJ

Dow Opens Higher; Bitcoin Extends Selloff — WSJ

By Joe Wallace and David UbertiA post-Nvidia hangover, plus fresh trade tensions, are weighing on global markets.Overseas stocks fell after China said it would retaliate against President Trump's tariffs, moves which threaten to pull the world's two biggest economies into a deepening trade war. Shar…

Why is Bitcoin price down today?

Why is Bitcoin price down today?

Bitcoin’s price continued its correction with another 7% decline on Feb. 28, taking the price below $80,000. BTC’s current weekly returns of -18.46% is its largest weekly drawdown since November 2022. Bitcoin drops as Trump announces 10% tariff on ChinaBitcoin and the collective crypto market conti…

ETH/USD: Ether Dives Under $2,100 as Crypto Rout Turns from Bad to Brutal

ETH/USD: Ether Dives Under $2,100 as Crypto Rout Turns from Bad to Brutal

Second-biggest token is down 50% from its postelection high as bets on a bright crypto future soured up fairly quickly. ⚠️ Ether Slumps 50% from HighEthereum prices were hit hard Friday morning as traders woke up and chose selloff. The second-largest crypto asset was down roughly 10% to float just…

Bitcoin sheds nearly all Trump election gains in plummet under $80K

Bitcoin sheds nearly all Trump election gains in plummet under $80K

Update (Feb. 28 at 3:51 am UTC): This article has been updated to reflect the total amount of liquidations and industry reactions to Bitcoin’s price movement.Bitcoin has fallen under $80,000 for the first time since November amid mounting macroeconomic uncertainty over US President Donald Trump’s pr…

Bitcoin, crypto ‘dip buy hype’ is now at its highest level in 7 months

Bitcoin, crypto ‘dip buy hype’ is now at its highest level in 7 months

Social media mentions of crypto dip buying have rocketed to their highest level since last July amid a crypto market rout that recently sent Bitcoin under $80,000.Santiment's social sentiment tracker found that traders’ discussions on various social media channels like X, Reddit and Telegram between…

Arizona crypto reserve bills inch closer to law after passing Senate

Arizona crypto reserve bills inch closer to law after passing Senate

Arizona’s Senate has advanced a Bitcoin reserve bill, bringing it to second place behind Utah in a race between US states to get a crypto investment bill approved. The Arizona Senate passed the Strategic Digital Assets Reserve bill (SB 1373) on its third reading on Feb. 27 with a vote of 17 for and …

Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance

Coinbase Case Dropped by U.S. SEC as Agency Reverses Crypto Stance

Coinbase has been freed from its protracted legal battle with the U.S. Securities and Exchange Commission as the agency agreed to drop the case that's been among the industry's core fights in federal court.Though the SEC's intention to agree to shut down the legal dispute had already gone public whe…

Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead

Bitcoin Crashes, Fear Spikes—But This Analyst Sees $153,000 Ahead

In his latest video update, long-time market analyst and self-described “four-year cycle” trader Bob Loukas delivered a breakdown of Bitcoin’s current trajectory. Despite a roughly 22% pullback from its recent all-time high, Loukas asserts that the leading cryptocurrency’s price action remains “noth…

Sixth Street backs blockchain lender Figure with $200M investment

Sixth Street backs blockchain lender Figure with $200M investment

Global investment firm Sixth Street has invested $200 million in Figure Technology Solutions, a US-based lender that uses blockchain technology to boost efficiencies and lower costs in the lending market. According to a Feb. 27 report by The Wall Street Journal, the investment will allow Figure to i…

Solana Dips To 5-Month Low As Memecoin Traders Retreat Post-LIBRA Scandal

Solana Dips To 5-Month Low As Memecoin Traders Retreat Post-LIBRA Scandal

The cryptocurrency market is experiencing significant turbulence this week, with Solana (SOL) facing particularly steep challenges. As the excitement surrounding memecoins wanes, prices have dropped to their lowest levels in several months. Following the historic hack of the ByBit exchange and Presi…

Bitcoin bottom isn’t in: Traders target $74K zone as Trump EU tariff threat destroys markets

Bitcoin bottom isn’t in: Traders target $74K zone as Trump EU tariff threat destroys markets

Bitcoin’s sell-off continued for a third consecutive day as the price dropped to lows not seen since Nov. 11, 2024. At the peak of the correction, BTC (BTC) briefly traded at $82,256 before finding buyers but data suggests that further downside could occur before the market stabilizes. Independent m…

Dollar firms on US trade policy anxiety; Nvidia provides little steer for stocks

Dollar firms on US trade policy anxiety; Nvidia provides little steer for stocks

The U.S. dollar firmed in early Asian hours on Thursday as Treasury yields ticked higher while investors assessed the outlook for tariffs and the economy under President Donald Trump.Asian stocks were mixed with tech shares around the region getting little steer from heavyweight U.S. chipmaker a…