CoinInsight360.com logo CoinInsight360.com logo
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Finbold 2025-03-10 14:50:17

Bitcoin just made the biggest weekly price drop in history

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. Bitcoin’s massive weekly red candle. Source: BitcoinArchive & TradingView Interestingly, the situation in the final month of Q1 2025 is that many of the factors expected to provide bullish momentum for the cryptocurrency industry have been fueling the downturn instead. Why Bitcoin is falling in 2025 Bitcoin’s rally in the aftermath of Donald Trump’s re-election generated 11,000 new BTC millionaires within hours, eventually leading the coin to reach new all-time highs (ATH) above $107,000. The Republican was expected to usher in more crypto-friendly policies, end the regulatory crackdown on digital assets, establish a strategic reserve either filled with BTC or a selection of coins and tokens , and generally strengthen the U.S. economy. In practice, President Donald Trump has – at least in the first month and a half of his second term – caused substantial market turbulence, participated in the launch of a set of opportunistic meme coin launches , damaged diplomatic and economic ties with traditional U.S. allies, and taken no truly decisive steps toward establishing a strategic reserve. By press time, the turbulence and uncertainty had been so severe that even the explicit pro-crypto steps taken under the current administration – the Securities and Exchange Commission’s (SEC) decision to drop numerous probes and lawsuits targeting the industry being the chief example – have done little to stem the sell-off. Featured image via Shutterstock The post Bitcoin just made the biggest weekly price drop in history appeared first on Finbold .

阅读免责声明 : 此处提供的所有内容我们的网站,超链接网站,相关应用程序,论坛,博客,社交媒体帐户和其他平台(“网站”)仅供您提供一般信息,从第三方采购。 我们不对与我们的内容有任何形式的保证,包括但不限于准确性和更新性。 我们提供的内容中没有任何内容构成财务建议,法律建议或任何其他形式的建议,以满足您对任何目的的特定依赖。 任何使用或依赖我们的内容完全由您自行承担风险和自由裁量权。 在依赖它们之前,您应该进行自己的研究,审查,分析和验证我们的内容。 交易是一项高风险的活动,可能导致重大损失,因此请在做出任何决定之前咨询您的财务顾问。 我们网站上的任何内容均不构成招揽或要约