{"id":63403,"date":"2025-02-25T10:26:01","date_gmt":"2025-02-25T15:26:01","guid":{"rendered":"https:\/\/www.businessupturn.com\/usa\/?p=63403"},"modified":"2025-02-25T10:34:11","modified_gmt":"2025-02-25T15:34:11","slug":"crypto-market-today-bitcoin-plunges-8-during-early-trading","status":"publish","type":"post","link":"https:\/\/www.businessupturn.com\/usa\/crypto-market-today-bitcoin-plunges-8-during-early-trading\/63403\/","title":{"rendered":"Crypto market today: Bitcoin plunges 8% during early trading"},"content":{"rendered":"<p data-start=\"79\" data-end=\"405\">February 25, 2025, 11:11 AM EST \u2013 Bitcoin (BTC-USD) has suffered a significant decline, dropping 8.19% (-$7,752.70) to $86,891.63 as of early trading today. This marks its lowest level since mid-November amid broader market uncertainty, aggressive U.S. trade tariffs, and recent industry disruptions.<\/p>\n<ul data-start=\"433\" data-end=\"689\">\n<li data-start=\"433\" data-end=\"467\">Previous Close: $91,496.14<\/li>\n<li data-start=\"468\" data-end=\"512\">Day\u2019s Range: $86,888.49 \u2013 $92,498.59<\/li>\n<li data-start=\"513\" data-end=\"560\">52-Week Range: $49,121.24 \u2013 $109,114.88<\/li>\n<li data-start=\"561\" data-end=\"596\">Market Cap: $1.725 Trillion<\/li>\n<li data-start=\"597\" data-end=\"642\">Circulating Supply: 19.83 Million BTC<\/li>\n<li data-start=\"643\" data-end=\"689\">24-Hour Trading Volume: $81.53 Billion<\/li>\n<\/ul>\n<h3 data-start=\"691\" data-end=\"731\">Key Drivers Behind the Decline<\/h3>\n<ol data-start=\"732\" data-end=\"1751\">\n<li data-start=\"732\" data-end=\"1017\">\n<p data-start=\"735\" data-end=\"767\">Macroeconomic Uncertainty:<\/p>\n<ul data-start=\"771\" data-end=\"1017\">\n<li data-start=\"771\" data-end=\"902\">Investors are reacting to President Donald Trump\u2019s trade tariffs, which have triggered volatility across financial markets.<\/li>\n<li data-start=\"906\" data-end=\"1017\">Broader risk-off sentiment has led to a pullback in high-risk assets, including crypto and tech stocks.<\/li>\n<\/ul>\n<\/li>\n<li data-start=\"1019\" data-end=\"1483\">\n<p data-start=\"1022\" data-end=\"1055\">Crypto-Specific Challenges:<\/p>\n<ul data-start=\"1059\" data-end=\"1483\">\n<li data-start=\"1059\" data-end=\"1205\">Bybit Hack: A $1.5 billion theft of Ethereum (ETH) by North Korean hackers has fueled concerns about security in crypto exchanges.<\/li>\n<li data-start=\"1209\" data-end=\"1359\">Memecoin Collapse: Trump\u2019s and Melania\u2019s memecoins have lost over 80% of their value, raising skepticism over speculative crypto launches.<\/li>\n<li data-start=\"1363\" data-end=\"1483\">ETF Outflows: U.S. Bitcoin ETFs saw $956 million in February outflows, the largest monthly exodus on record.<\/li>\n<\/ul>\n<\/li>\n<li data-start=\"1485\" data-end=\"1751\">\n<p data-start=\"1488\" data-end=\"1524\">Liquidations & Market Shakeup:<\/p>\n<ul data-start=\"1528\" data-end=\"1751\">\n<li data-start=\"1528\" data-end=\"1649\">Over $1.34 billion in leveraged long positions were liquidated in the past 24 hours, amplifying selling pressure.<\/li>\n<li data-start=\"1653\" data-end=\"1751\">Crypto index tracking top tokens is experiencing its worst four-day drop since August.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n<p data-start=\"2104\" data-end=\"2223\" data-is-last-node=\"\" data-is-only-node=\"\"><em>Disclaimer: This article is not financial advice. Crypto investments are volatile. Always conduct thorough research before making financial decisions.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>U.S. Bitcoin ETFs saw $956 million in February outflows, the largest monthly exodus on record.<\/p>\n","protected":false},"author":366,"featured_media":59641,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[76],"tags":[3925,23286,3927,3926],"class_list":["post-63403","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-bitcoin","tag-btc-usd","tag-crypto","tag-cryptocurrency"],"reading_time":"2 min read","_links":{"self":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63403","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/users\/366"}],"replies":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/comments?post=63403"}],"version-history":[{"count":0,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/posts\/63403\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media\/59641"}],"wp:attachment":[{"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/media?parent=63403"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/categories?post=63403"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.businessupturn.com\/usa\/wp-json\/wp\/v2\/tags?post=63403"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}