Bitcoin’s Fall : A temporary Setback Or The Start Of A Bear Market ?
The crypto scene has just experienced a new episode of turbulence: Bitcoin fell to $83,400 on February 26, 2025, its lowest level since November 2024. This sudden correction led to over a billion dollars in liquidations in the derivatives market. Such a situation has shaken investors’ confidence. Behind this decline, a convergence of macroeconomic and financial factors weighed on the asset, at the very moment when the strength of Bitcoin ETFs and the influence of Strategy on the market are being questioned.
The sudden drop of Bitcoin to $83,400 marked a major turning point for financial markets. In just three days, the crypto lost nearly $13,000. However, the asset has seen a rebound. The current price of Bitcoin stands at $86,300. Indeed, this loss triggered a massive liquidation of leveraged long positions, according to data from CoinGlass. This brutal correction notably affected the most exposed traders, amplifying the downward spiral and the intensification of volatility in the market .
Several factors contributed to this collapse. The main cause lies in fears of a global recession, prompting investors to shy away from risky assets. At the same time, American protectionist policies, notably new taxes on imports from Canada and Mexico announced by Donald Trump, have increased tensions in the markets. This unstable economic context has heightened the appeal of U.S. government bonds at the expense of volatile assets like Bitcoin. Even gold, historically a safe haven, fell by 2.2 % in just two days, a clear signal of the nervous climate settling over the financial markets.
Beyond the macroeconomic context, other factors have contributed to weakening Bitcoin’s bullish momentum. Strategy, often seen as a driving force behind BTC’s rise, now faces challenges regarding its strategy. Consequently, its action dropped by 19.4 % in one week, raising doubts about its ability to maintain its massive BTC purchases. Its ambition to raise $42 billion over three years to continue accumulating Bitcoin appears increasingly uncertain, fueling investors’ mistrust.
Meanwhile, Bitcoin ETFs, which were supposed to stabilize the market, are experiencing net outflows of $1.1 billion in just one day (February 24), demonstrating a lack of conviction among institutional investors in the face of the current volatility. This situation is further aggravated by the imminent expiration of Bitcoin options on February 28, amounting to $6.9 billion. With a majority of buy positions (call options) well above the current price, sellers (bears) now have a distinct advantage to maintain downward pressure and prevent any significant rebound.
The fall of Bitcoin to $83,400 illustrates the current fragility of the market in the face of macroeconomic turbulence and internal dynamics within the sector. Between massive outflows from ETFs , uncertainties surrounding Strategy, and pressure on BTC options, the signals sent by investors reflect a lack of conviction regarding the asset’s resilience in the short term. While a technical rebound cannot be ruled out, the market must first regain stability and liquidity to avoid further shocks. As volatility intensifies, the central question remains the same: can Bitcoin still play its role as a safe haven, or has it reverted to being purely a speculative asset in the hands of the most aggressive traders?
Ripple News: New ‘XRP ARMY’ Logo Revealed by Original Designer of XRP Logo
Seven years ago, Eddie L
Ripple News: New ‘XRP ARMY’ Logo Revealed by Original Designer of XRP Logo
Seven years ago, Eddie Lobanovskiy designed the iconic XRP logo, symbolizing scalability and speed. Now, he’s back with a new creation: the XRP $ARMY logo. Lobanovskiy described it as “the helmet of courage, an unstoppable ‘X’ of strength,” symbolizing the power of the XRP Army. As he puts it, “The XRP Army is more than just a community—it’s a movement. We shall prevail.”
XRP enthusiasts appreciated his efforts and thanked him for the logo. A user said, “Wow. I didn’t even know that you are behind the xrp logo. I was always fan of your work Eddie, but now you are officially one of my super top favorite artists.” Another wrote, “I’m really proud of being part of the #XRPArmy movement. But now with the new logo… This is just the next level, thanks so much for this.”
The XRP Army has been a strong supporter of Ripple, especially.
Bitdeer Invests $240M in TSMC to Boost Mining Power
Bitdeer is moving quickly, as the company founded by Jihan Wu has announced significant changes to its business approach. Good and bad news exists, nevertheless. With the SEALMINER A2 mining system, they are aiming for a hashrate of 40 EH/s by 2025 on the one side.
Conversely, the Q4 2024 financial report displayed far less positive numbers. How therefore is Bitdeer approaching this obstacle?
Bitdeer has set aside a lot of money for TSMC, one of the biggest manufacturers of chips, to aim for 40 EH/s next year. According to The Miner Mag , the $240 million payment for Q4 2024 is meant for mass production of the SEAL02 chip, which will form the brain of SEALMINER A2.
This chip is meant to guarantee Bitdeer’s competitiveness in a market growingly competitive, lower energy usage, and increase mining efficiency.
Besides, 7 EH/s of the A2 unit will be assigned to outside clients. Demand has even outpaced the capacity for manufacturing at hand. Bitdeer is expected to start bulk shipments in March 2025 with orders previously placed and a 20% down payment obtained.
Bitdeer is not only concentrating on hardware development but also deliberately growing its activities. Early February 2025 saw the business reveal the purchase of a 101 megawatt (MW) plant close to Fox Creek, Alberta, Canada. The deal came with a cash value of $21.7 million.
By this move, Bitdeer hopes to become a more autonomous participant using internal energy resources for mining activities.
This is most definitely not only a standard corporate plan. By means of control over your own energy resources, one can lower reliance on outside parties and offer long-term operating stability. Considering that Bitcoin mining operations sometimes find it difficult due to changes in energy prices, this is a wise step.
Examining Bitdeer’s stock price over the past few months, one finds it to be on a roller coaster ride. CNF reported in December 2024 that Bitdeer’s stock had jumped 160%. The key causes of the rise were market hope in the company’s development and SEALMINER A2 technologies.
On February 25, 2025, the scenario turned around, though. Bitdeer’s shares fell over 28% upon the publication of the fourth quarter 2024 financial report. This is so since the quarter’s income—down roughly 40% from the same period the year before—was noted at $69 million. Furthermore, its net loss was $530 million, far higher than their fourth quarter 2023 loss of $5 million.
Why was it happening? Two key causes are claimed to have contributed to the fall: rising research and development expenses and the effect of the Bitcoin halving in April 2024. Despite the high cost of developing SEALMINER technology, Bitdeer appears to be confident in the potential returns on this investment.
Given all the strategies used, the main issue that begs questions is if Bitdeer can withstand the strain they are under. One could argue that the appropriate long-term actions are the acquisition of energy facilities and investment in mining technology. On the other side, the business has to deal with difficult financial issues.
Pi Network Price Soars: Can Pi Coin Reach $5?
Pi Coin (PI), the native token of Pi Network, has been gaining serious momentum, with its price surging by 40% recently. This increase has sparked excitement within the Pi community, as many wonder whether the token could hit the $5 mark in the near future. With the recent open mainnet launch and growing interest, Pi Coin is attracting more attention than ever.
🔻What’s Driving Pi Coin’s Surge?
One of the biggest factors behind Pi Coin’s rise is its growing adoption and the anticipation surrounding its next steps. The long-awaited open mainnet launch has finally arrived, bringing Pi Coin one step closer to full accessibility for trading and transactions. This development has renewed confidence in the project, as pioneers (early adopters) now see a clearer path toward realizing Pi’s full potential.
Additionally, community enthusiasm has played a crucial role in pushing Pi Coin’s price upward. Many long-time supporters believe Pi Network’s vision of a decentralized and widely used cryptocurrency is closer to becoming a reality. As excitement builds, more users are holding onto their coins, reducing selling pressure and supporting the price.
🔻Can Pi Coin Reach $5?
Currently trading in the $2–$3 range, Pi Coin has shown impressive strength, and $5 doesn’t seem like an impossible target. If the positive momentum continues and more people recognize Pi’s value, the price could break key resistance levels, leading to further gains. However, like any cryptocurrency, market conditions and investor sentiment will play a major role in determining its trajectory.
For Pi Coin to sustain its growth, adoption and use cases will need to expand. The success of the Pi Network ecosystem—whether through merchant adoption, decentralized applications, or increased utility—will be critical in maintaining long-term value.
🔻The Road Ahead
With the mainnet now live and growing interest in Pi Coin, the future looks promising. While reaching $5 isn’t guaranteed, the excitement surrounding Pi Network is undeniable. As the project continues to develop, all eyes will be on its next moves and how they shape Pi Coin’s journey.
$PI