Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…
Month: March 2025
Why is the crypto market down today?
The crypto market erased all gains from President Trump’s US Crypto Strategic Reserve announcement, plunging by over 14.7% in 24 hours to reach $2.64 trillion on March 4. Top cryptocurrencies and their 24-hour performances. Source: Messari Several factors have contributed to the latest drop in crypto prices, including: As US tariff wars escalated, nearly $980 million was wiped off the…
Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…
Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…
Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…
Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…
Why is the crypto market down today?
The crypto market erased all gains from President Trump’s US Crypto Strategic Reserve announcement, plunging by over 14.7% in 24 hours to reach $2.64 trillion on March 4. Top cryptocurrencies and their 24-hour performances. Source: Messari Several factors have contributed to the latest drop in crypto prices, including: As US tariff wars escalated, nearly $980 million was wiped off the…
IMF deal to ban public sector ‘Bitcoin accumulation’ in El Salvador
The International Monetary Fund (IMF) is looking to tighten restrictions on Bitcoin purchases by El Salvador as part of an extended $1.4 billion funding arrangement with the country. On March 3, the IMF issued a new request for an extended arrangement under its fund facility to El Salvador, filing several new documents, including a staff statement update and a statement…
Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…
Bitcoin no longer ‘safe haven’ as $82K BTC price dive leaves gold on top
Bitcoin (BTC) faces ongoing bearish catalysts as traders run to safe havens such as gold, new analysis warned. In a dedicated X thread on March 4, trading resource The Kobeissi Letter announced a “global move” away from risk assets. Bitcoin “no longer viewed as safe haven play” Bitcoin and altcoins suffered, following stocks downhill as the US confirmed the start…