Why Is Bitcoin Crashing Today?

Monicah W

Cryptocurrency Market Today_ How Low Will Bitcoin Price Crash

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Bitcoin’s price has left many investors confused after it dropped below $84,000. Despite strong bullish factors over the past week, its recent price movement is far from the high expectations set by analysts following the announcement of the Strategic Bitcoin Reserve.

Bitcoin Drops Over 6%

Bitcoin is currently trading at $80,909, down over 6% in the past day. Bitcoin has dropped 3.37% over the past week, with trading volumes down 53%. Despite the declining figures, Bitcoin whales are actively buying, accumulating more than 22,000 BTC in just three days.

Despite a week full of positive news, including the signing of an executive order for a Strategic Bitcoin Reserve, a Crypto Summit at the White House, and encouraging statements from the OCC, Bitcoin’s price is unexpectedly falling and could drop below $80K.

The Out-of-sync Price Action!

On March 7, President Trump signed an executive order to use seized Bitcoin rather than purchasing it from the market. This move caused Bitcoin’s price to drop over 6%, from $90,400 to $84,979. “The knee-jerk reaction lower likely stems from the realization that no actual budget has been allocated for BTC purchases in the near term,” QCP Capital shared in a recent note.

However, it also noted that while this wasn’t the bullish catalyst as many expected, it’s still positive for crypto. The risk of random Silkroad BTC sales disrupting the market is gone, and the U.S. government has reaffirmed its commitment to a long-term crypto strategy, it noted.

An analyst expressed surprise, saying that in his 8 years with Bitcoin, he never saw the price action so out of sync with the news. This week was one of the most bullish in Bitcoin’s history, yet the market is facing decline. 

What is Causing The Drop?

Several factors are behind Bitcoin’s recent price drop. Macroeconomic issues, like new tariffs from the US, have sparked sell-offs in Bitcoin and other cryptocurrencies. Besides, the release of the non-farm payrolls (NFP) report on Friday suggests that the Federal Reserve might tighten monetary policy, which could hurt Bitcoin’s price.

Experts noted that while the executive order for a Strategic Bitcoin Reserve and the Crypto Summit were positive, the lack of concrete policies might have cooled investor enthusiasm. Besides, Bitcoin’s decline is also dragging altcoins down, with ETH, XRP, and BNB losing over 6%, 6% and 4% respectively in the last 24 hours. 

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Trump Tariffs Spark Bitcoin Revaluation Debate Amid $10 Trillion Equity Rout

Trump’s trade agenda continues to shock global financial markets, prompting a revaluation of Bitcoin (BTC) and equities.

Bitcoin and the crypto market witnessed notable volatility over the last several weeks. This came as traders and investors reeled from the impacts of tariffs under US President Donald Trump.

Bitcoin and Equities May Be On The Cusp Of A Major Revaluation

The recent surge in Trump tariffs has inadvertently positioned Bitcoin as a potential beneficiary. Venture capital firm MV Global highlights the spike in US tariffs in 2025, citing levels last seen in the 1930s. This has triggered more than $10 trillion in equity losses worldwide.

“The resulting capital flight is reshaping investment flows across asset classes,” MV Global noted.

Average tariff rates on US imports
Average tariff rates on US imports. Source: MV Global on X

With liquidity quietly rebuilding, analysts anticipate a major market revaluation, with Bitcoin at the heart of it.

This forecast comes after MV Global’s Global Economy Index recently turned upward. This often precedes broader asset reflation. Notably, the metric tracks both cross-border capital flows and monetary conditions.

“Liquidity is quietly rebuilding across major economies. As the Global Economy Index turns upward, historical patterns suggest Bitcoin and equities may be on the cusp of a major revaluation,” the firm noted.

Indeed, Bitcoin’s performance is already outpacing traditional markets, which adds credence to its average April return of more than 34.4%. Macroeconomic instability and capital flight are the forces behind this seasonal pattern.

Bitcoin’s April seasonality
Bitcoin’s April seasonality. Source: Glassnode

Based on this, analysts argue that the current market outlook mirrors historical periods when investors moved away from dollar-centric systems in search of decentralized alternatives.

Tomas Greif, chief of product strategy at Braiins Mining Ecosystem, agrees. He notes that Bitcoin’s volatility aligns more closely with major equity indexes.

“If you previously thought Bitcoin was too volatile, you may want to re-evaluate your passive investment strategies for retirement,” Greif remarked.

Bitcoin volatility vs. equity indices
Bitcoin volatility vs. equity indices. Source: Greif on X

According to Mathew Sigel, head of digital assets research at VanEck, this emerging macro backdrop may accelerate Bitcoin’s transition from a speculative asset to a functional monetary hedge.

“Bitcoin is evolving from a speculative asset into a functional monetary tool—particularly in economies looking to bypass the dollar and reduce exposure to US-led financial systems,” Sigel wrote.

Sigel’s point reflects a broader trend: Bitcoin is increasingly viewed as a strategic asset as geopolitical and trade tensions mount. This aligns with a recent US Crypto News publication, which indicated how Bitcoin is progressively presenting itself as a hedge against traditional finance (TradFi) and US treasury risks.

Bitcoin’s potential to gain traction as an alternative reserve or settlement asset could grow. This optimism comes as more economies distance themselves from traditional US monetary influence. BeInCrypto reported that Russia is considering Ruble-pegged stablecoin to challenge US Dollar dominance.

As equity markets reel and liquidity rotates, Bitcoin’s resilience could redefine how investors hedge against geopolitical uncertainty.

The post Trump Tariffs Spark Bitcoin Revaluation Debate Amid $10 Trillion Equity Rout appeared first on BeInCrypto.

Best Meme Coin to Buy in June – Top Picks with 50x Potential for Early Adopters

XYZVerse

The post Best Meme Coin to Buy in June – Top Picks with 50x Potential for Early Adopters appeared first on Coinpedia Fintech News

June presents fresh opportunities for investors aiming for substantial gains in cryptocurrency. Emerging meme coins are catching attention, offering the potential for significant returns to those who act early. This article uncovers these promising tokens that might be on the verge of explosive growth, possibly multiplying investments many times over.

$XYZ Unlocks the G.O.A.T. Status, Early Investors Positioned for Massive ROI

XYZVerse ($XYZ) has brought a brand-new concept to the memecoin niche by blending the excitement of sports with the fast-moving energy of crypto. Designed for hardcore fans of football, basketball, MMA, and esports, this project goes beyond just being another token—it’s a growing community built around passion for the game.

With the bold Greatest of All Time (G.O.A.T.) vision, XYZVerse is aiming higher than the average meme coin. And people are taking notice—it has recently earned the title of Best New Meme Project.

What sets $XYZ apart? It’s not a short-lived trend. This project has a clear roadmap and a dedicated community focused on long-term growth.

Fueled by the sports mentality, the $XYZ token has emerged as the ultimate contender ready to crush competitors. $XYZ is on its way to the winner’s podium to become a badge of honor for those who live and breathe sports and crypto.

$XYZ Already Delivers Even Before Hitting the Market

The $XYZ presale is underway, providing access to the token at a special pre-listing price.

Launch Price: $0.0001

Price Now: $0.003333

Next Stage: $0.005

Final Presale Price: $0.02

Following the presale, the $XYZ token will be listed on major centralized and decentralized exchanges, with a target listing price of $0.10. If the project raises enough capital to support this valuation, early investors could see returns of up to 1,000x on their presale entries.

So far, over $13 million has been invested, reflecting strong market interest. Notably, securing tokens at a lower presale price offers the potential for higher ROI upon launch.

Demand for $XYZ is surging, driving rapid progress in the presale. Early buyers secure the lowest prices, maximizing their potential returns.

Join $XYZ Presale Now and See Your Pennies Grow Into Millions!

Dogecoin: From Meme to Major Cryptocurrency

Dogecoin (DOGE) was launched in 2013 as a playful alternative to traditional cryptocurrencies. It features the Shiba Inu dog from the “Doge” meme as its logo. Unlike Bitcoin, which has a limited supply, Dogecoin has no maximum supply. There are 10,000 new coins mined every minute, making it abundant. Created by software engineers Billy Marcus and Jackson Palmer as a joke, it quickly gained a dedicated community and became known for its friendly and humorous vibe.

In 2021, Dogecoin’s value increased significantly, making it one of the top ten cryptocurrencies by market capitalization with a total value exceeding $50 billion. This surge was influenced by social media attention and endorsements from public figures like Elon Musk. Dogecoin’s potential lies in its strong community support and high visibility in the crypto market. In the current market cycle, it remains an attractive option for those interested in cryptocurrencies with active communities and ongoing development.

Shiba Inu (SHIB): An Ethereum-Based Memecoin with Expanding Utility

Shiba Inu (SHIB) is a cryptocurrency inspired by Dogecoin but operates on the Ethereum blockchain. Launched in August 2020 by the anonymous developer Ryoshi, SHIB began with a supply of 1 quadrillion tokens. Half of these tokens were sent to Ethereum co-founder Vitalik Buterin to establish trust within the crypto community. Buterin donated a substantial portion to the India Covid Crypto Relief Fund and burned 40% of the total supply, reducing the number of tokens in circulation.

Operating on Ethereum allows SHIB to benefit from the blockchain’s smart contract capabilities. This integration has led to the creation of ShibaSwap, a decentralized exchange for SHIB and other tokens. Future developments include plans for a non-fungible token (NFT) platform and a governance system based on decentralized autonomous organization (DAO) principles. These features position SHIB for broader use within the cryptocurrency ecosystem. Considering these developments, SHIB’s potential utility may appeal to those interested in emerging blockchain applications in the current market cycle.

FARTCOIN: A Memecoin Blending Internet Humor with Crypto Culture on Solana

FARTCOIN is a memecoin built on the Solana blockchain that combines internet humor with crypto culture. Users can earn tokens by submitting fart-themed memes, jokes, or short content within the ecosystem. The coin offers a playful and participatory experience, engaging the community through humor.

A unique feature of FARTCOIN is the Gas Fee mechanism. Every transaction triggers a digital fart sound effect, making token transfers a memetic experience. This is a humorous nod to blockchain terminology and appeals to meme enthusiasts. The project is supported by the Terminal of Truth, an AI-powered content engine that helps generate creative material and drive community engagement. By merging user-generated content with artificial intelligence, FARTCOIN aims to turn viral humor into a decentralized social movement. In the current market cycle, its distinctive approach may attract users looking for entertainment in the crypto space.

Trump Coin: A Memecoin With Political Roots

Launched on January 18, 2025, Donald Trump’s memecoin, TRUMP, quickly gained attention, peaking at $75.35 shortly after its release. The coin, based on the Solana blockchain, can be used to purchase Trump-related memorabilia. However, its value has since fallen, hitting an all-time low of $7.14 by April 2025.

While its price shows signs of recovery, TRUMP’s future remains uncertain. With 80% of its supply held by one wallet and no official whitepaper, concerns about its long-term potential linger. The coin’s recent price movement suggests it may rise toward the $10.50 resistance, but investors are cautious as its future unfolds.

Conclusion

While DOGE, SHIB, FART, and TRUMP are promising, XYZVerse (XYZ) uniquely combines meme culture and sports, offering early adopters significant growth potential in the 2025 bull run.

You can find more information about XYZVerse (XYZ) here:

https://xyzverse.io/, https://t.me/xyzverse, https://x.com/xyz_verse

The post Best Meme Coin to Buy in June – Top Picks with 50x Potential for Early Adopters appeared first on Coinpedia Fintech News
June presents fresh opportunities for investors aiming for substantial gains in cryptocurrency. Emerging meme coins are catching attention, offering the potential for significant returns to those who act early. This article uncovers these promising tokens that might be on the verge of explosive growth, possibly multiplying investments many times over. $XYZ Unlocks the G.O.A.T. Status, …

Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in May

Ethereum (ETH) has declined for five consecutive months. However, it enters May with rising optimism. Historical trends, on-chain data, whale accumulation behavior, and upcoming technological upgrades form a strong foundation for a potential price rebound.

Here are four key reasons why analysts believe ETH could recover strongly in May.

Why Ethereum Might Recover in May 2025

The first reason stems from ETH’s historical price performance. Data from CoinGlass shows that May is typically the best-performing month for ETH.

Over the years, ETH has posted an average return of 27.36% in May, the highest among all months.

Ethereum’s Monthly Price Performance. Source: Coinglass
Ethereum’s Monthly Price Performance. Source: Coinglass

While not every May ends with gains, historical trends suggest this month usually brings positive sentiment and upward momentum for ETH. Given the current conditions, Cyclop expects ETH to maintain its growth this month and reach the $2,500 target.

“May is historically the best month for ETH. $2,500 by the month’s end,” analyst Cyclop predicted.

Another critical factor supporting a bullish outlook is on-chain data, particularly the MVRV (Market Value to Realized Value) ratio. According to analyst Michaël van de Poppe, ETH’s MVRV ratio is currently at its lowest since March 2020, when the COVID-19 pandemic heavily impacted the crypto market.

Ethereum MVRV. Source: Glassnode

A low MVRV ratio suggests ETH is undervalued compared to its on-chain value. This signal has only appeared six times in the past ten years, often preceding major recoveries. The chart also indicates that ETH could experience significant growth within the next 3 to 12 months.

The third bullish sign is recent whale accumulation behavior. According to CryptoQuant, these investors didn’t abandon their strategy even though ETH’s price dropped, and many accumulation addresses remain at unrealized losses.

Instead, they increased their ETH holdings.

On March 10, accumulation addresses held 15.5356 million ETH. By May 3, this number had climbed to 19.0378 million ETH — a 22.54% increase.

ETH: Balance on Accumulation Address. Source: CryptoQuant.
ETH: Balance on Accumulation Address. Source: CryptoQuant.

“ETH investors demonstrate strong belief in the asset, project, and ecosystem. Their on-chain behavior reflects structural conviction and clear expectations of short-term appreciation — aligned with Ethereum’s broader evolution,” analyst Carmelo_Alemán said.

Finally, Ethereum’s upcoming Pectra upgrade, scheduled for May 7, 2025, contributes to market optimism. The upgrade aims to improve wallet usability and user experience. It could boost dApp adoption and long-term ETH demand.

Meanwhile, May 7 is also the date of the FOMC meeting, where the Fed will announce its interest rate decision. If macroeconomic news is favorable, it could amplify ETH’s short-term gains alongside the other factors.

However, if the news is negative, it could complicate ETH’s price action in May.

The post Analysts Highlight 4 Reasons Why ETH Price Could Rebound Strongly in May appeared first on BeInCrypto.