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Crypto Markets in Turmoil as Trade Tensions Soar! Can Crypto Rebound from Plunge?
Austin Hodge
February 28, 2025 • Read Time: 13 minutes
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In a dramatic reaction to escalating global trade tensions, the crypto market has nosedived to its lowest capitalization since October, shedding an eye-watering $600 billion in just one week. Shattered support lines and a mass exodus of gains are the direct consequences of President Trump's bold tariff threats—casting a long shadow over the cryptocurrency realm. Since the onset of trade war jitters on January 20, the industry has been gutted by an astonishing $800 billion, underscoring the fragile confidence in Bitcoin as a once-unshakable hedge. As liquidity vanishes into the 'stable' arms of the US dollar, and trading floors resemble financial minefields, one can't help but question how Bitcoin finds itself below $80,000…and what will it do next!
Let's dive in!
Major crypto tokens plummet, leading to a drastic 8.8% market cap drop to $2.73 trillion, showing no signs of recovery. — Read More
In February 2025, crypto losses skyrocketed by 20x compared to January, mainly due to Bybit's $1.46 billion hack, Immunefi reports. — Read More
Brazil sets 2025 for BRICS payment system launch, impacting global economics. — Read More
ECB raises alarms about US crypto deregulation's potential crisis impact. — Read More
MetaMask enhances user experience by integrating smart contract capabilities and introducing a US debit card, adding support for Bitcoin and Solana. — Read More
Uniswap partners with Robinhood, MoonPay, and Transak to simplify crypto-to-fiat conversions, as SEC drops investigation. — Read More
Forte integrates Sealance's zero-knowledge technology to boost compliance and privacy in Web3 development. — Read More
Deutsche Telekom's subsidiary MMS now validates the Injective blockchain, enhancing its security and institutional reach. — Read More
Pakistan plans to form a National Crypto Council to regulate digital assets amid a shift in government policy on cryptocurrencies. — Read More
Luxury brands are embracing cryptocurrency payments as a tech-savvy demographic pushes for modern buying experiences, highlighting benefits like lower fees, instant settlements, and enhanced security. — Read More
Crypto Market Plunges Below $80k amid Trade War Fears
Crypto market cap drops 18% due to US trade war tensions, wiping $800 billion since January 20.
El Salvador Breaks Ground on Bitcoin City Airport Without Mentioning Bitcoin City
El Salvador starts constructing Bitcoin City Airport but omits Bitcoin City from the event, a project once touted as a haven for Bitcoin enthusiasts.
China's Crypto Conundrum
China's capital control policies hint at possible regulated crypto access via Hong Kong, with Beijing maintaining control.
Bitcoin Whales Return to Accumulation
Bitcoin whales are buying again, hinting at a potential bullish turn despite recent price drops.
Bitcoin's Drop Below $80,000 Amid ETF Outflows
Bitcoin has fallen below $80,000 due to significant ETF outflows and macroeconomic pressures, yet this correction remains milder than past cycles.
Bitcoin ETFs See Massive $2.4 Billion Outflow
Bitcoin ETFs hemorrhaged over $2.4 billion this week amid mounting market risks, sending prices tumbling.
Metaplanet Raises $13.6M for Bitcoin Via Zero-Interest Bonds
Metaplanet issues $13.6 million in zero-interest bonds to increase Bitcoin holdings amid crypto volatility risks.
Ethereum Whales Accumulate Amid Market Pressure
Ethereum whales buy $9.41M worth while ETH trades below key support levels, volatility stabilizes.
Ethereum Sticks to Pectra Upgrade Schedule Despite Testnet Glitch
Ethereum developers remain on track for Pectra upgrade, downplaying Holesky testnet failure as minor.
Storj's Tumbling Future Amid Persistent Price Decline
Storj's price decline appears unrelenting, with predictions suggesting a drop to $0.079 by year-end 2025.
Vitalik Buterin Advocates for Wallet Solutions Beyond Preventing Theft
Vitalik Buterin highlights the overlooked issue of crypto losses from negligence rather than theft and calls for comprehensive wallet solutions.
Bybit Hacker Launders Millions Through THORChain
Bybit hacker launders 54% of stolen ETH via THORChain, impacting market prices for ETH and RUNE.
Base Enhances Blockchain with Flashblocks and Appchains
Base debuts Flashblocks, Smart Wallet Sub Accounts, and Appchains, promising faster transactions and improved usability.
Tether CEO Predicts USDT's Decline
Paolo Ardoino claims USDT will become obsolete over time.
Cardano Faces Resistance with Price Dips
Cardano's price faced fresh declines below critical resistance levels, risking further drops below $0.60.
Billions.Network's Privacy-First Digital ID Challenges Worldcoin
Billions.Network unveils its privacy-centric ID platform using zero-knowledge proofs, competing with Worldcoin's system.
Aptos Surges Amidst Market Downturn
Aptos price thrives as other major cryptocurrencies suffer, sparked by Bitwise ETF filing.
HYPE Token Slumps Below $20 Amid Bearish Trend
HYPE token loses 25% in a week, with further decline possible as bearish momentum persists.
Saga Unveils Liquidity Integration Layer
Saga introduces LIL to tackle liquidity fragmentation, setting new standards for Defi scalability and accessibility.
DFINITY Unveils OISY Wallet with Multi-Chain Support
DFINITY Foundation introduces OISY Wallet, a next-gen solution integrating Bitcoin, Ethereum, Solana, and ICP for secure, decentralized digital asset management.
Sui Price Drops But Network Growth Signals Long-Term Potential
Sui faces a 5% drop amidst market turmoil but maintains promise with significant network growth.
HBAR Slides Amid Market Turmoil
HBAR's price has seen a 15% crash followed by a minor rebound but faces ongoing resistance and economic pressures.
Story ($IP) Defies Crypto Crash
Story's $IP token shows resilience with a 206% surge since debut amid market downturn, while Best Wallet leads crypto wallet innovation.
Chainlink Targets Breakout After 75 Days of Price Slump
Chainlink shows signs of an impending breakout, concluding a lengthy correction period.
Tokenization Set to Revolutionize Investment Strategy
Tokenization could reshape portfolio theories by making a wider range of assets viable options, challenging reliance on traditional index funds.
MANTRA's Bull Run Ends as Price Drops 20%
MANTRA (OM) sees a 20% drop following its all-time high, signaling possible bearish trends.
ETHDenver 2025 Hosts Top DePIN and AI Projects
Leading DePIN and AI projects will converge at ETHDenver 2025 side event, fostering innovation.
Alibaba's $53B AI and Cloud Drive
Alibaba commits $53 billion to AI and cloud computing advancement.
Blockchain Giants Form Open Agents Alliance
NEAR AI, Coinbase, and others form alliance to democratize AI services with blockchain integration.
OpenAI Readies GPT-4.5 for Plus Tier Rollout Amid GPU Challenge
GPT-4.5 launches next week for Plus tier amid OpenAI's GPU shortage, says Altman.
OORT Unveils Global AI Alliance HumanAIx
OORT has launched HumanAIx, a global alliance to foster decentralized AI infrastructure with pioneering members like Neo, Storj, and Oasis Protocol.
Consensus Hong Kong Hackathon Awards $200K to Innovators
EasyA's Consensus Hong Kong hackathon highlights groundbreaking Web3 projects with $200,000 in prizes.
Web3 Gaming Faces Crisis Amidst Market Downturn
Crypto game Mystery Society halts development as CEO cites destructive greed in Web3 gaming.
Nyan Heroes Returns to Epic Games Store with Exciting New Additions
Nyan Heroes will relaunch on the Epic Games Store with a new hero, map, and game mode while also offering airdrop rewards.
Hamster Kombat Struggles with L2 Mainnet Launch
Hamster Kombat launches L2 mainnet amid dwindling player numbers and a plummeting token value.
SEC Abandons Coinbase Lawsuit in Major Crypto Shift
SEC drops its case against Coinbase as crypto regulation focus turns to Congress.
Crypto Counsel Tyler Williams Backs Stablecoin Legislation
Tyler Williams from Treasury supports stablecoin legislation efforts, aiming for cohesive regulatory frameworks.
Texas Moves Forward with Strategic Bitcoin Reserve
Texas aims to establish a Strategic Bitcoin Reserve with a 9–0 legislative vote, despite Bitcoin's current volatility.
Consensys and SEC Agree to Dismiss Lawsuit
Consensys reports SEC plans to dismiss its lawsuit over MetaMask's staking features, signaling a shift in regulatory approach.
Ukraine Considers Crypto Tax Rate Amid Legalization
Ukraine debates a 5-10% crypto tax as part of legalization efforts, while skeptics propose standard income taxes reaching 23%.
Arizona Passes Bitcoin Reserve Act to House
Arizona advances Bitcoin Reserve Act to include virtual currencies in state financial strategy.
SEC Declares Memecoins Outside Securities Laws
SEC's Division of Corporation Finance states memecoins are akin to collectibles, not securities under the Howey test.
South Korea Launches Official Crypto Crime Unit
South Korea formalizes crypto crime unit amidst rising fraud cases and crypto adoption, expanding its Joint Investigation Unit.