Bitcoin Financial News

White House Crypto Summit on March 7. Trump, who has multiple ties to the crypto industry, will host the sector's top players at a White House summit on Friday. Crypto has enjoyed a renewed momentum following his return to the White House in November. The US crypto community rallied behind Trump's campaign, contributing millions of dollars towards his victory over Joe Biden, whose administration tightened regulations and expressed skepticism toward digital currencies. Now, they're seeing their support pay dividends. Trump has waded into the space personally as well, partnering with exchange platform World Liberty Financial and launching his own «Trump» memecoin in January as his wife Melania did the same — moves that have prompted conflict of interest accusations.

Bitcoin, one of the most popular cryptocurrencies, is reaching new heights as its price is soaring at $91,000. With the current growth, the cryptocurrency is expected to reach the target of $1 million by the end of this year. President Donald Trump’s policies have brought a new revolution in the market, turning tables for crypto. It will be interesting to watch the future growth bar of Bitcoin as Trump will soon host the first crypto summit in his second term.

Bitcoin and other major cryptocurrencies slumped on Tuesday as investor optimism over a proposed US Crypto Strategic Reserve faded. The decline also came amid escalating trade tensions, with US President Donald Trump confirming tariffs on Canada, Mexico, and China would take effect within hours. Investors turned risk-averse after Trump announced that 25% tariffs on Canada and Mexico, along with a doubling of China levies to 20%, would be implemented from 05:01 GMT on Tuesday. Market concerns were further fueled by signs of economic strain, with U.S. factory gate prices hitting a nearly three-year high and supply chain disruptions intensifying.

Bitcoin backpedaled on Monday after an early rise following U.S. President Donald Trump's weekend proposal for a national strategic reserve of cryptocurrencies. Optimism on digital currency after Trump's Sunday post on Truth Social turned to caution as market participants awaited more details about this crypto initiative.

Bitcoin (BTC) climbed 1.9%, reaching $88,465, marking a steady recovery from recent pullbacks. Despite this surge, BTC remains 23% below its January 2025 peak of $109,000. The trading volume stood at $42.6 billion, reflecting strong investor activity. How did Ethereum and other Altcoins perform?

Subscribe to enjoy similar stories. President Trump wants to build a federal cryptocurrency reserve. His subordinates are starting by counting up crypto the government already holds.

The proposal, which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, is aimed at solidifying the United States as the “Crypto Capital of the World.” However, the initiative has not been met with universal approval.

Bitcoin, Ethereum, Solana, and Ripple have remained strong in the market, various sector-specific coins occasionally make big waves in the market. In the 2021 bull run, NFTs gained massive popularity, meme coins have consistently attracted attention, and now AI tokens are the latest trend.

The cryptocurrency market roared into March with a rally, recouping some of the losses from the asset class’s worst month since 2022, after United States President Donald Trump once again talked up his plan for a strategic crypto reserve.

XRP price testing the $3.00 resistance level after breaking several technical barriers. This surge comes amid speculation that the U.S. government’s Crypto Strategic Reserve could drive demand for key digital assets, including XRP, Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and Cardano (ADA).

White House cryptocurrency summit on March 7, US President Donald Trump took to social media to reveal five digital assets he intends to include in a new US strategic cryptocurrency reserve. The announcement on Sunday triggered a surge in market value for each of the assets. Trump said in a social media post on Truth Social that his January executive order on digital assets would establish a reserve comprising bitcoin, ether, XRP, solana, and cardano. Until the announcement, the specific names had remained undisclosed. Over an hour later, he clarified: «And, obviously, BTC and ETH, as other valuable cryptocurrencies, will be at the heart of the Reserve.» Market reactions

US Crypto Strategic Reserve. In a social media post on Sunday, he revealed that XRP, Solana, and Cardano would be included in the reserve, triggering a market rally. The move aligns with his broader plan to position the US as the global leader in digital assets.

Trump revealed on social media that five cryptocurrencies—Bitcoin, Ether, XRP, Solana, and Cardano—would be part of the reserve, with Bitcoin and Ether at its core.

Subscribe to enjoy similar stories. Bitcoin and gold actually have a lot in common. They both straddle the line between assets and currencies.

Investors have pulled a record US$3.3 billion from United States spot-Bitcoin exchange-traded funds in February, poised for the biggest monthly exodus since they debuted, as investors sought refuge in safer assets amid rising geopolitical tensions and persistent inflation concerns.

Cryptocurrency-linked stocks are paring some of their losses but still broadly declining in Friday intraday trade, with bitcoin (BTCUSD) trading around $81,000—more than a quarter off its January peak.

Bitcoin (BTC) fell below $80,000 on Friday, hitting its lowest level in 3.5 months amid uncertainty over U.S. President Donald Trump's tariff plans, crypto regulations, and weak investor sentiment following a $1.5 billion hack in Ethereum. The world's largest cryptocurrency was last down 4.2% at $80,792, having touched an intraday low of $79,523, its weakest level since November 11.

Cryptocurrency prices are down sharply in recent weeks and not expected to rebound soon, with some of the biggest digital currencies erasing nearly all of the gains they made after Donald Trump's election win triggered a wave of excitement across the industry. Some analysts said the market is likely to remain subdued while waiting for a bullish signal, such as indications that the U.S. Federal Reserve plans to cut interest rates or a clear pro-crypto regulatory framework from the Trump administration.

Cryptocurrency-linked stocks are dropping Friday with bitcoin (BTCUSD) trading around $80,000, more than a quarter off its January peak.

cryptocurrency market, has seen extreme price swings. Following the launch of its Open Mainnet on February 20, the coin surged over 300%, hitting a post-listing high of $2.94 before falling 11.1% to $2.49. As of February 28, 2025, Pi Coin trades at around $2.69, with a 24-hour trading volume of $3.09 billion. In the Indian market, it equates to roughly ₹201.13 per PI (CoinGecko).

Pi Coin plunged over 20% on Friday, hitting an intraday low of $2.26 before recovering to $2.41, still down 12% for the day. The decline came amid a broader crypto market sell-off, which pressured investor sentiment. Bitcoin fell below $80,000, touching a 3.5-month low as uncertainty over US President Donald Trump's tariff plans, crypto regulations, and a $1.5 billion Ethereum hack rattled markets. Ethereum dropped 7%, while XRP, BNB, and Solana also posted sharp losses.