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Bitcoin just made the biggest weekly price drop in history

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Juxtaposing the price forecasts made in late 2024 with the actual trading in the first quarter (Q1) of 2025 reveals that the cryptocurrency market has not been performing as expected. As the world’s premier and most prominent digital asset, Bitcoin (BTC) perfectly encapsulates this fact. Indeed, not only is the coin 15.14% in the red in 2025, but it has also ended its worst-ever week in terms of a dollar-value drop by the early morning of March 10. BTC YTD price chart. Source: Finbold Specifically, BTC recorded a massive $13,561 red weekly candle in the 7-day period that started on March 3. Though there was some upward action on the morning of March 10, it was uncertain, and Bitcoin’s price remained depressed at $81,304. Picks for you Bitcoin has to fall this low for Michael Saylor’s Strategy to lose money ...

Trump's Constant Tariff Threats May Usher In Rapid De-Dollarization

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Donald Trump, the 47th president of the United States, has once again struck the world with a new warning. Trump, in a news conference in Miami, reiterated his call to impose taxes on other sectors, triggering market mayhem in the process. While the world is scrutinizing Trump’s tariff calls, investors can’t help but speculate whether the move will trigger the process of de-dollarization or lessen it in reality. Also Read: US Dollar Tariff Impact: Trump’s Tariff Threats Spark Major Forex Volatility Is De-Dollarization Inevitable? Source: Investopedia Donald Trump has once again unveiled plans to impose new tariffs on multiple commercial realms. In a conference in Miami, Florida, Trump shared how he plans to impose more tariffs on new sectors, possibly the realms of semiconductors, cars, lumber, and pharmaceuticals. Speaking more on the matter, Trump shared how such impositions may come as early as next month. He later shared how they may impose nearly 25% tariffs on lumber a...

Bitcoin (BTC) Price: How High Will It Go Amid Global Tariff Wars

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Bitcoin dropped below $100K after briefly touching $103K after its apocalyptic fall to $93K. This development was sparked by Donald Trump’s vigorous tariff deployment on Mexico and Canada, which briefly sparked a rising trade war. However, the heated political matters soon conclude, helping Bitcoin stabilize and gain momentum again. In the middle of this, will BTC continue to surge higher than ever? Let’s find out. Also Read: US Stocks: Which Was Hit the Hardest by Trump’s Tariffs? Trump’s Aggressive Tariff Policy Commences Source: LA Times Donald Trump recently announced his plans to implement 25% tariffs on Canada and Mexico. This development has sparked a rising trade war between the nations, which, in the end, hit Bitcoin hard in the process. Soon after the announcement, Bitcoin plunged to $94K, as the rising trade war narrative started to gain steam. However, the development took a positive turn soon after when Canadian PM Justin Trudeau announced a new elemental change...

BRICS: Morgan Stanley Says Its 'Time to Sell' The US Dollar

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With the BRICS bloc bringing forth a renewed de-dollarization revolution over the past two years, Morgan Stanley has recently stated its belief that it’s “time to sell” the US dollar. Indeed, the greenback has become a center of geopolitics in recent months. US President-elect Donald Trump has threatened 100% tariffs on nations looking to ditch the world currency. The move is rooted in the commitment to maintaining the status of the dollar. However, increased sanctions from the West drove Russia and its BRICS allies to embrace alternative trade settlements. Now at a crossroads, the investment bank has given its opinion on the currency’s outlook. Source: LA Times Also Read: Expert Says Nations Will Eventually Ditch US Dollar Reserves for Bitcoin Morgan Stanley Says Bullish Investors Mean Its Time to Sell The Dollar With the impending return of Donald Trump to the White House, the US dollar has once again become a focus. During his campaign for reelection, Trump sa...

BRICS Reject Single Currency Plan Amid Backtrack on US Dollar

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As the bloc continues to make groundbreaking statements regarding its direction, the BRICS bloc has officially rejected a single currency plan amid its recent backtracking on the US dollar. Indeed, the alliance has announced that it is no longer developing an alternative trade currency that has been discussed by the group for much of the last year. The decision follows its most recent comments regarding the US dollar. Specifically, Russian President Vladimir Putin noted that the group is no longer focused on ditching the greenback within their trade dealings. The stark reversal is most likely attributed to Donald Trump’s 2024 election victory and impending return to the White House. Source: IG Also Read: BRICS: What Donald Trump Election Win Means for De-Dollarization BRICS Currency No Longer ‘Possible’ Alliance Says as it Changes Tune on US Dollar In 2022 Westner sanctison drove Russia away from the US dollar. Indeed, the bloc had leaned into its quest for alternative...

NFTs Are Rising Again After Trump Victory – Here’s The Top Selling NFTs This Week

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The crypto market has roared again after Donald Trump was re-elected as the 47th United States President, with the flagship crypto “Bitcoin” reaching a new all-time high of +$75,000 and Ethereum pumping above the $2,900 level. The global non-fungible token market has also significantly surged amid the recent crypto rally. Below, we have listed some of the top-selling NFTs today. 🚨BREAKING: My Friend Donald Trump has won the 2024 Election. If you voted for Trump to make The Next 4 Years Great Again, GIVE ME A THUMBS-UP👍!! Show Your loyalty for US !!🇺🇲 pic.twitter.com/nQ9yV68s4Q — Elon Musk – Parody (@elonmuskADO) November 6, 2024 NFT Sales Pump +20% In The Past 24 Hours Data compiled by CryptoSlam.io, an on-chain crypto market aggregator and non-fungible token explorer backed by crypto billionaire Mark Cuban, shows that the NFT market has recorded positive growth today. In the past 24 hours, the NFT market has recorded a tra...

JPMorgan: Bitcoin & Gold Will Benefit From Trump's Second Term

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Following his historic reelection this year, JPMorgan projects that both Bitcoin and Gold will be set to benefit from Donald Trump’s return to the White House. The bank’s top analysts expect that both assets will continue to gain well into his second term, as they’ve already responded to his victory with massive increases. Bitcoin has skyrocketed after the Associated Press called the race. The leading cryptocurrency surged to an all-time high above $76,000 on Wednesday. Moreover, the token is up more than 19% over the last 30 days, according to CoinMarketCap. Although gold hasn’t set a landmark record since Trump won, it is closing in on the $2,7000 price point. https://twitter.com/WatcherGuru/status/1854498517823246726 Also Read: US Stock Market: How it Responded to Donald Trump’s 2024 Election Win Donald Trump Return to Push Gold and Bitcoin Higher, JPMorgan Says The 2024 US Election was always poised to be one of the country’s most important. With the na...

Currency: Donald Trump Reveals New Threat To The US Dollar

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The ongoing US elections are heating up as the two leading candidates continue to make new revelations. Former US president Donald Trump has once again taken the world by storm, unveiling a new threat to the US dollar that has been eroding its prestige and hindering the currency’s global expansion. Also Read: How High Bitcoin(BTC) May Pump If Trump Wins The US Elections? A New Threat To The US Dollar Per Donald Trump Source: NBC News In one of his earlier conferences, Trump was noted for sharing a new threat that has lately been gnawing at the US dollar. Speaking about it at length, Trump revealed how the current US government’s behavior has been slowly eroding the dollar , as opposed to Bitcoin, which mistakenly gets accused of being the financial system challenging the US dollar. In addition, Trump had also revealed plans to fire Gary Gensler, the current SEC chief, and appoint a new chairman to smooth financial policies and efforts. “Bitcoin is not threatening the dollar;...

Super Trump Coin Price Pumps 12% After Donald Trump Bought Burgers With BTC, But Traders Eye This ICO With A 1,052% APY

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The Super Trump Coin price surged over 12% in the last 24 hours to trade at $0.006074 as of 7:27 a.m. EST as investors go long on the political meme coin. This uptick in the STRUMP price comes after the former US president and Republican candidate Donald Trump purchased burgers with Bitcoin during a campaign stop in New York City. One of the most historic transactions in #bitcoin history was just made. President @realDonaldTrump buying burgers at @PubKey_NYC with @tpacchia. Block height: 861871 You saw it here first. pic.twitter.com/moHUIKDxej — PUBKEY (@PubKey_NYC) September 18, 2024 Trump recently changed his stance towards digital assets, and is now seen as a pro-crypto presidential candidate after dissing Bitcoin as a ”scam” when he was in the White House. The Super Trump Coin Price Challenging A Major Barrier 4-hour chart for STRUMP/USD (Source: GeckoTerminal ) The Super Trump Coin price is attempting to overcome the resistance level at $0.006118. S...

Kamala Harris equals Donald Trump in prediction markets after debate

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Kamala Harris and Donald Trump‘s debate on September 10 sent waves in the finance landscape, including prediction markets. The overall perception is that Harris did better than Trump, and Polymarket ‘s numbers validate this thesis. As a context, Finbold previously reported that Donald Trump opened a broader advantage over Kamala Harris in prediction markets. According to Polymarket ‘s largest bet, Trump had a 53% winning chance between September 4 and 6. Meanwhile, Harris’s chances of victory dropped to as low as 45% in the same period—a reality that has now changed. Picks for you How will Bitcoin react to the Fed's interest rate cut? 1 hour ago DIA Oracles integrates with Stacks to strengthen Bitcoin DeFi ...

Trump Says US Will be Bitcoin Mining Hub If He's Re-Elected

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Donald Trump has said that the US will become a Bitcoin mining hub if he’s re-elected as the country’s president in November of this year. Indeed, the former president recently spoke about the leading cryptocurrency on his Trust Social platform. There, he made clear his intention to integrate BTC into the country further. Within the post, Trump called Bitcoin the nation’s “last line of defense against a CBDC.” Moreover, he referenced current President Joe Biden’s position on the asset class. Altogether, Trump is setting the stage to make cryptocurrencies as important a political point of contention as they have ever been. JUST IN: Former President Donald Trump says "#Bitcoin mining may be our last line of defense against a CBDC." "We want all the remaining Bitcoin made in the USA!" pic.twitter.com/aKPoFW58EO — Watcher.Guru (@WatcherGuru) June 12, 2024 Also Read: Donald Trump Calls Himself A “Crypto Pres...