2026-03-13 Friday

Crypto News

Indulge in the Hottest Crypto News and Market Updates
Will BTC’s Brutal Sell-Off Stop After Drop Below $81K?

Will BTC’s Brutal Sell-Off Stop After Drop Below $81K?

The post Will BTC’s Brutal Sell-Off Stop After Drop Below $81K? appeared on BitcoinEthereumNews.com. Home » BTC ‘; } function loadTrinityPlayer(targetWrapper, theme,extras=””) { cleanupPlayer(targetWrapper); // Always clean first ✅ targetWrapper.classList.add(‘played’); // Create script const scriptEl = document.createElement(“script”); scriptEl.setAttribute(“fetchpriority”, “high”); scriptEl.setAttribute(“charset”, “UTF-8”); const scriptURL = new URL(https://trinitymedia.ai/player/trinity/2900019254/?themeAppearance=${theme}${extras}); scriptURL.searchParams.set(“pageURL”, window.location.href); scriptEl.src = scriptURL.toString(); // Insert player const placeholder = targetWrapper.querySelector(“.add-before-this”); placeholder.parentNode.insertBefore(scriptEl, placeholder.nextSibling); } function getTheme() { return document.body.classList.contains(“dark”) ? “dark” : “light”; } // Initial Load for Desktop if (window.innerWidth > 768) { const desktopBtn = document.getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn.addEventListener(“click”, function () { const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper, getTheme(),’&autoplay=1′); }); } } // Mobile Button Click const mobileBtn = document.getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn.addEventListener(“click”, function () { const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper, getTheme(),’&autoplay=1′); }); } function reInitButton(container,html){ container.innerHTML = ” + html; } // Theme switcher const destroyButton = document.getElementById(“checkbox”); if (destroyButton) { destroyButton.addEventListener(“click”, () => { setTimeout(() => { const theme = getTheme(); if (window.innerWidth > 768) { const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”); if(desktopWrapper.classList.contains(‘played’)){ loadTrinityPlayer(desktopWrapper, theme,’&autoplay=1′); }else{ reInitButton(desktopWrapper,’Listen‘) const desktopBtn = document.getElementById(“desktopPlayBtn”); if (desktopBtn) { desktopBtn.addEventListener(“click”, function () { const desktopWrapper = document.querySelector(“.desktop-player-wrapper.trinity-player-iframe-wrapper”); if (desktopWrapper) loadTrinityPlayer(desktopWrapper,theme,’&autoplay=1’); }); } } } else { const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”); if(mobileWrapper.classList.contains(‘played’)){ loadTrinityPlayer(mobileWrapper, theme,’&autoplay=1′); }else{ const mobileBtn = document.getElementById(“mobilePlayBtn”); if (mobileBtn) { mobileBtn.addEventListener(“click”, function () { const mobileWrapper = document.querySelector(“.mobile-player-wrapper.trinity-player-iframe-wrapper”); if (mobileWrapper) loadTrinityPlayer(mobileWrapper,theme,’&autoplay=1′); }); } } } }, 100); }); } })(); Summarize with AI Summarize with AI Bitcoin continues to bleed, printing new local lows as the market fails to find strong support. The broader structure has broken down, and sellers remain in control after a series of distribution moves near the highs. Despite oversold signals creeping in, the lack of a proper futures capitulation keeps risk to the downside open. By Shayan The Daily Chart…
NASDAQ Decline Impacts Major US Crypto Stocks

NASDAQ Decline Impacts Major US Crypto Stocks

The post NASDAQ Decline Impacts Major US Crypto Stocks appeared on BitcoinEthereumNews.com. Key Points: Main event, leadership changes, market impact, financial shifts, expert insights. US crypto stocks fall due to NASDAQ pressures. BTC reacts with significant price decline and market volatility. On November 21, 2025, after an initial rally, the NASDAQ declined over 2%, with US crypto-related stocks like MicroStrategy and Coinbase facing downward pressure. The event highlights interconnectedness between traditional and crypto markets, illustrating volatility impacts across stocks and digital assets amid broader market risk sentiments. NASDAQ Fall Triggers Crypto Stock Declines and Volatility Following the NASDAQ’s decline below 22,000 points, US crypto-related stocks experienced downward pressure. Companies such as MicroStrategy and Riot Blockchain saw significant declines. The market volatility was evident, with Bitcoin’s price also falling sharply, reflecting a broader risk-off sentiment. Notably, no significant public statements were issued by industry leaders like Michael Saylor concerning this event, suggesting a perception of these declines as part of regular market fluctuations. Meanwhile, the absence of emergency commentary from US regulators emphasized the routine market nature of these falls. Michael Saylor, Chairman, MicroStrategy, – “Bitcoin is the dominant, superior store of value in the digital age. Don’t sweat day-to-day volatility—focus on fundamentals and time horizon.” Michael Saylor, Chairman, MicroStrategy, – “Bitcoin is the dominant, superior store of value in the digital age. Don’t sweat day-to-day volatility—focus on fundamentals and time horizon.” Bitcoin Drops Below $84k Amid Technical Stock Influence Did you know? Earlier similar market actions in March 2023 and May 2022 saw comparable declines in Nasdaq-linked crypto stocks, highlighting enduring trends of crypto and tech stocks moving in tandem during high volatility periods. Bitcoin (BTC) currently trades at $83,099.51, recording a significant decline over recent periods: -7.69% over 24 hours and -27.62% over 90 days, per CoinMarketCap. Market capitalization stands at approximately $1.66 trillion, while trading volume surged 61.35% to $138.86…
Congressman Warren Davidson Introduces the ‘Bitcoin for America’ Act

Congressman Warren Davidson Introduces the ‘Bitcoin for America’ Act

The post Congressman Warren Davidson Introduces the ‘Bitcoin for America’ Act appeared on BitcoinEthereumNews.com. A US lawmaker introduced a bill in the House of Representatives on Thursday that would allow Americans to pay their federal taxes in Bitcoin, which would then be funneled into the US strategic Bitcoin reserve. Under the Bitcoin for America Act proposed by Representative Warren Davidson, a Republican from Ohio, BTC (BTC) transferred to the US government for tax payments would not be subject to capital gains taxes and not be recorded as a loss or gain for the taxpayer. In a press release, Davidson said: “By allowing taxpayers to pay federal taxes in Bitcoin and having the proceeds placed into the Strategic Bitcoin Reserve, the nation will benefit by having a tangible asset that appreciates over time, unlike the US dollar, which has steadily lost value under inflationary pressures.” The first page of the Bitcoin for America Act. Source: Warren Davidson The proposal would allow the US government to grow a strategic BTC reserve without having to purchase Bitcoin on the open market, minimizing the positive impact on BTC’s price that active purchases would have. A projection of the US government’s tax revenue if 1% of taxes are collected in BTC over 20 years. Source: Bitcoin Policy Institute Related: New Hampshire approves first-of-its-kind $100M Bitcoin-backed municipal bond US strategic Bitcoin reserve not what Bitcoiners expected Although US President Donald Trump signed an executive order establishing a strategic BTC reserve in March, the order did not stipulate recurring BTC buys and required that all future additions to the reserve would be financed through budget-neutral strategies. The main provision in the executive order was that the US government would not sell any of the BTC it acquired through asset seizure and forfeiture. The price of BTC fell by 6% immediately after the order was signed, reflecting the disappointment among Bitcoiners, who…
Bitcoin Deposit Alert: OG Whale Moves $55 Million To Binance

Bitcoin Deposit Alert: OG Whale Moves $55 Million To Binance

The post Bitcoin Deposit Alert: OG Whale Moves $55 Million To Binance appeared on BitcoinEthereumNews.com. Another massive Bitcoin deposit has caught the attention of crypto enthusiasts worldwide. A Bitcoin OG wallet known as ‘1011short’ just moved 665.9 BTC, valued at approximately $55.18 million, to Binance exchange. This significant Bitcoin deposit follows a pattern that often precedes selling activity, raising important questions about market direction. What Does This Bitcoin Deposit Mean for the Market? When large holders make substantial Bitcoin deposits to exchanges, market participants pay close attention. This particular Bitcoin deposit represents a substantial amount of capital that could potentially enter the selling market. According to blockchain analytics platform Lookonchain, the transaction occurred over a three-hour period, suggesting careful planning rather than impulsive action. Exchange deposits typically serve as precursors to selling because: Traders need Bitcoin on exchanges to execute sell orders Large deposits can indicate profit-taking strategies Institutional players often move assets before major trades Understanding the Bitcoin OG Phenomenon The term ‘Bitcoin OG’ refers to original gangsters in the crypto space – early adopters who accumulated Bitcoin during its formative years. These investors typically have substantial holdings and their movements can significantly impact market sentiment. The ‘1011short’ wallet has demonstrated pattern recognition worth noting among market analysts. Why do OGs matter so much? Their actions often: Signal confidence or concern about price direction Provide insights into veteran trader strategies Influence retail investor behavior through observed actions How Should Investors React to Large Bitcoin Deposits? While a substantial Bitcoin deposit to exchanges might suggest impending selling pressure, context remains crucial. Market conditions, timing, and the investor’s history all contribute to understanding the true implications. This Bitcoin deposit comes at a time when the cryptocurrency market shows mixed signals across various indicators. Smart investors consider multiple factors before making decisions: Historical patterns of the specific wallet address Overall market volume and liquidity conditions Broader economic…
Bitcoin Faces Market Turbulence with Record Losses and Strong Buy Signals

Bitcoin Faces Market Turbulence with Record Losses and Strong Buy Signals

The post Bitcoin Faces Market Turbulence with Record Losses and Strong Buy Signals appeared on BitcoinEthereumNews.com. In Brief Bitcoin’s price drops 7.2% in 24 hours, but remains high compared to recent levels. Binance order book shows largest positive Depth Delta spike, signaling strong buy pressure. $79,300 Realized Price for Bitcoin ETFs is a crucial support level for investor sentiment. Bitcoin’s market has been experiencing notable volatility, with the current price standing at $84,713.37. Over the last 24 hours, the cryptocurrency has seen a 7.20% drop, while in the past hour, it rebounded with a 1% increase.  Despite the short-term losses, Bitcoin remains relatively high compared to recent price levels, indicating ongoing market interest and strong investor engagement. Over the past week, Bitcoin has seen a 12.10% decrease, adding to concerns about short-term market fluctuations.  However, the persistent high prices reflect the deep-rooted confidence in Bitcoin, suggesting that the cryptocurrency market still holds strong momentum. Meanwhile, the data reveals that Bitcoin’s realised losses have surged to levels reminiscent of the FTX collapse in late 2022. This surge in losses aligns with extreme market fear, although Bitcoin’s fundamental outlook remains robust.  BTC Realized Loss by LTH/STH (7d Moving Average) | Source: Glassnode Glassnode data suggests a capitulation-level flush, indicating the possibility of a significant market pullback, but one that could be followed by stabilisation.  Such high realised losses typically coincide with periods of heightened market fear, yet historically, these signals are short-lived as stronger hands enter the market, absorbing the selling pressure. Order Book Depth and ETF Pressure Signal Potential Market Reversal Adding to the complexity, the Binance spot order book recorded a massive positive Depth Delta spike, marking the largest of its kind on record. The growing buy orders now significantly outnumber the sell orders below Bitcoin’s current price, presenting a strong absorption signal.  Bitcoin Orderbook | Source: X This surge in buy pressure has historically marked…