Close Menu
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Categories
  • Altcoins (1,329)
  • Analysis (1,518)
  • Bitcoin (2,100)
  • Blockchain (1,220)
  • DeFi (1,438)
  • Ethereum (1,450)
  • Event (56)
  • Exclusive Deep Dive (1)
  • Landscape Ads (2)
  • Market (1,483)
  • Press Releases (1)
  • Reddit (753)
  • Regulation (1,384)
  • Security (1,993)
  • Thought Leadership (2)
  • Uncategorized (2)
  • Videos (41)
Hand picked
  • Institutions Are On Fire for Ethereum – SharpLink Aims to Raise Over $1 Billion to Build Long Term
  • Javier Milei in Argentina has been authorized for reprehensible acts in the scandal of the balance
  • 1,000,000,000 Tether USDT ONCHAIN, does the Bitcoin demand for the point?
  • How British cryptography taxes work and what you need to know
  • Disturbing the action trading industry, leading a new era of global investment
We are social
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Facebook X (Twitter) Instagram
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
Facebook X (Twitter) Instagram YouTube LinkedIn
Altcoin ObserverAltcoin Observer
  • Regulation
  • Bitcoin
  • Altcoins
  • Market
  • Analysis
  • DeFi
  • Security
  • Ethereum
Events
Altcoin ObserverAltcoin Observer
Home»Market»Why is cryptography useful today? BTC above $ 84,000 while fear of the crypto drooped; Trump’s summit, BlackRock Boost Market
Market

Why is cryptography useful today? BTC above $ 84,000 while fear of the crypto drooped; Trump’s summit, BlackRock Boost Market

March 2, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest LinkedIn Tumblr Reddit Telegram Email
F11e7189bbcda79c4c376d266df52d3b46045f1b 1920x1280.jpg
Share
Facebook Twitter LinkedIn Pinterest Email


The cryptocurrency market shows the initial signs of recovery of its worst month in three years after the price of Bitcoin (BTC) plunged $ 78,000 in a week which saw the total capitalization of the space dropped by more than $ 400 billion.

The drop in prices has seen the Crypto Fear & Greed index go to 10, a level that had not been seen from the 2022 bear market. However, it has since returned to 20 while being in the range of “extreme fear”.

The Bitcoin price has now increased by more than 3% during the last 24-hour period to negotiate now above $ 84,400, while the wider index of Coindesk 20 (CD20) increased by 1.5% during the same period to 2,700. Its performance is affected by the soil by almost 3% during the period, while other components are in place for the day.

The cryptocurrency market seemed to have made an offer after the White House announced that US President Donald Trump is organizing a crypto summit on March 7. Summit participants should include “founders, CEOs and cryptographic industry investors, as well as members of the president’s working group on digital assets, according to a press release.

The event is the last sign of pro-Crypto policies of the Trump administration. This comes after the American Securities and Exchange (SEC) commission abandoned the prosecution against Coinbase and the developer Metamask Consensys, as well as the surveys on Robinhood, Gemini, Uniswap Labs and Opensea.

In addition, the largest asset manager in the world, BlackRock, added an allowance of 1% to 2% of his Ishares Bitcoin Trust (IBIT) to one of his model portfolios. These models offer portfolio and rebalancing strategies which are then executed by advisers and platforms. This is the first time that BlackRock has decided to add Ibit to one of his models, opening the potential of a new wave of Bitcoin ETF demand.

As of December 31, 2024, Blackrock’s model portfolios manage approximately $ 150 billion in assets.

Read more: Bitcoin Dip-buyers intervenes on Friday, but what could the action of the weekend bring?





Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleCrypto goes to the White House while Trump welcomes the 1st summit
Next Article Cardano price forecasts: analysts indicate that ADA could fall at $ 0.5 while Wallitiq (WLTQ) will read ADA ATH next month

Related Posts

Market

Hitting market dives but bullish feeling prevails

June 9, 2025
Market

Bitcoin Price today: token greater than $ 1,05,700; Green cryptography market – Latest updates

June 9, 2025
Market

Cryptography market shaken by the quarrel of Mousque-Trump, but search for optimistic swallowing configurations

June 9, 2025
Add A Comment
Leave A Reply Cancel Reply

Single Page Post
Share
  • Facebook
  • Twitter
  • Instagram
  • YouTube
Featured Content
Event

Philippine Blockchain Week 2025 Welcomes Global Web3 Trailblazers to Manila

June 9, 2025

Manila, Philippines – June 9, 2025 — As Philippine Blockchain Week (PBW) 2025 returns for…

Event

ETHMilan 2025 Returns With a Stellar Line-Up at One of Milan’s Most Iconic Venues

June 5, 2025

Milan, Italy – Mark your calendars! ETHMilan, Italy’s largest international Ethereum and Web3 conference, is…

1 2 3 … 49 Next
  • Facebook
  • Twitter
  • Instagram
  • YouTube

1,000,000,000 Tether USDT ONCHAIN, does the Bitcoin demand for the point?

June 9, 2025

Blockchain und Politik – Dieter Janecek (MDB) von Bündnis 90 / Die Grünen IM Interview – Der Altcoinspekulant

June 9, 2025

Ripple launches a structured program to support web3 startups focused on Japanese XRPL

June 9, 2025
Facebook X (Twitter) Instagram LinkedIn
  • About us
  • Disclaimer
  • Terms of service
  • Privacy policy
  • Contact us
© 2025 Altcoin Observer. all rights reserved by Tech Team.

Type above and press Enter to search. Press Esc to cancel.

bitcoin
Bitcoin (BTC) $ 108,789.15
ethereum
Ethereum (ETH) $ 2,591.65
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.31
bnb
BNB (BNB) $ 662.27
solana
Solana (SOL) $ 156.62
usd-coin
USDC (USDC) $ 0.999971
dogecoin
Dogecoin (DOGE) $ 0.187178
tron
TRON (TRX) $ 0.288525
cardano
Cardano (ADA) $ 0.687063