Crypto markets continue oscillating amid geopolitical tension and bullish long-term catalysts supporting demand.
Altcoins were hit especially hard by the decline in prices, while the top 30 cryptocurrencies by market capitalization held up slightly better.
"$100k isn’t just support anymore — it’s being cemented in investors’ minds as the base price," said Nic Puckrin, founder of The Coin Bureau.
Wall Street infrastructure is rapidly capturing market share from crypto-native exchanges as ETF-based trading surges 15% since October.
Analysts point to broader concerns as compounding market stress, though some say Bitcoin could soon recover if key resistance levels hold.
Despite BTC trading at all-time highs as of the time of writing, open interest (OI) paints a more nuanced picture.
Bitcoin and other equities slid Friday as Trump renewed trade tensions with the EU and threatened Apple for offshore product assembly.
The previous all-time high for Bitcoin was around $109,350, set back in January as President Donald Trump assumed office.
Government entities increased their MSTR holdings in Q1, including first-time buys by Saudi Arabia and France, Standard Chartered said.
Bitcoin is up nearly 4% on the day and 27.4% over the past 30 days. This is the first time BTC has seen $100,000 since February.
President Trump renewed attacks on Fed Chair Jerome Powell, calling for urgent rate cuts amid claims of declining inflation.
Bitcoin and equities surged as President Trump increased tariffs on China and paused duties on other countries for 90 days.
Markets plunged after President Trump announced global tariffs, triggering the worst stock performances since 2020 and a sharp crypto pullback.
Standard Chartered now calls bitcoin a 'US isolation' hedge as it has held up better than most tech stocks in the recent market selloff.
Experts warn rising hardware costs could squeeze U.S. miners, while others speculate the government may use new tariff revenues to acquire Bitcoin.
Standard Chartered’s hypothetical ‘Mag 7B’ index, with bitcoin replacing Tesla, delivered higher returns than the original lineup.
The GMCI Meme index's largest holdings — including Dogecoin and Trump — have faced substantial selling pressure as speculative traders exit.
Wednesday's cooler-than-expected U.S. CPI inflation reading has strengthened the case for potential Federal Reserve rate cuts.
Bitcoin and U.S. stocks rallied Wednesday after February's CPI inflation rate came in at 2.8%, below economists' expectations.
Standard Chartered attributes Bitcoin's recent downturn to broader equity market distress rather than cryptocurrency-specific issues.
CryptoQuant data indicates a significant decline in Bitcoin and Ethereum futures open interest, suggesting a potential leverage washout.
Analysts warn of an impending U.S. stock market correction as bitcoin’s safe haven status remains unproven.
Crypto markets face heightened volatility, with Bitcoin dropping below $80,000 amid uncertainty over Trump's strategic Bitcoin reserve plan.
Weaker-than-expected U.S. jobs growth in February could prompt a dovish pivot by the Federal Reserve, analysts said.
Standard Chartered suggests U.S. could potentially fund the Strategic Bitcoin Reserve in a budget-neutral way by selling gold for bitcoin.
Bitcoin derivatives traders are ramping up leveraged positions and boosting open interest ahead of Friday’s White House Crypto Summit.
World Liberty Financial has increased its crypto holdings ahead of the White House Crypto Summit, including ETH, WBTC and MOVE acquisitions.
China has ramped up both fiscal and monetary stimulus to counter economic challenges, with increased liquidity potentially benefiting bitcoin.
Standard Chartered warns that bitcoin’s price could drop to as low as $69,000, bringing it closer to MSTRs average purchase price of $65,000.
Bitcoin struggles to fulfill safe-haven aspirations, whilst gold gains favor among investors seeking shelter from market volatility.