Bitcoin closed its largest weekly red candle ever, dropping to $76,700 before rebounding. Trump’s executive order establishes a U.S. Bitcoin reserve, but market reaction was mixed. Meanwhile, fears of a recession and trade wars add to the uncertainty. Here’s what’s happening in crypto this week.
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Weekly Crypto News: Bitcoin crashes below $80K before a quick rebound after Trump announces a U.S. national crypto reserve, and the SEC drops its lawsuits against Coinbase and other crypto firms. Meanwhile, the first White House Crypto Summit is set for March 7.
Bitcoin and the broader crypto market have recently taken a sharp dive, leaving many investors—especially beginners—feeling anxious. In this article, we’ll explain what happened, why it’s happening, and how it compares to past events, so you can better understand the situation without getting lost in complex technical details.
Weekly Crypto News: Bitcoin drops below $90K as fear grips the market, Bybit suffers the biggest hack in crypto history, and Solana struggles with memecoin scandals and a major token unlock. Meanwhile, Pi Network’s long-awaited mainnet launch ends in a 65% price crash, while XRP gains momentum after Brazil approves the first spot XRP ETF.
On February 21, 2025, Bybit suffered a massive cyberattack, with North Korean hackers stealing $1.46 billion worth of crypto, making it the largest crypto hack in history. What exactly happened, are user funds safe, and what can we learn from it?
Weekly crypto news: Bitcoin shows resilience despite inflationary pressures, BNB records the best week of the year, while Argentine President Milei finds himself in the middle of a crypto scandal for promoting the LIBRA token, which turned out to be a scam.
Weekly crypto news (3.2.2025 - 10.2.2025): Bitcoin stabilized after dropping below €90,000, the Fear & Greed Index remains at 44, Ethereum sees record inflows into accumulation wallets, MicroStrategy rebrands to “Strategy” and adds Bitcoin to its logo, and the UAE partners with Shiba Inu to expand blockchain use beyond cryptocurrencies.
Weekly crypto news: Trump’s tariffs shake the market and cause a $2.2B crypto crash as Bitcoin falls to $91K. Ripple secures new licenses, and analysts warn of a possible bear trap. Plus, will Trump pardon Sam Bankman-Fried?
Weekly crypto news: From Bitcoin’s ATH during Trump’s inauguration to a 6.5% market drop due to DeepSeek AI and uncertainty over FED decisions. Key highlights include Trump’s crypto actions, the Ledger co-founder kidnapping, and more.
In the week leading up to Trump’s inauguration, Bitcoin (BTC) and Solana (SOL) hit record highs, XRP surged by 45%, and the TRUMP meme token caused a frenzy in the crypto market. Read more about last week’s events and what’s next for the crypto market!
