Market uncertainty continues to grip Bitcoin and altcoins, with several factors contributing to the current stagnation.
Among them are concerns over inflation and shifts in trade policies under Donald Trump’s administration.
Singapore-based crypto firm QCP Capital highlighted these issues, emphasizing that rising tariffs and inflation fears remain major challenges for investors.
While the market has largely accounted for these risks, analysts note that slow price movements are adding pressure on traders.
Another significant factor affecting the market is the upcoming release of 30 million Solana (SOL) tokens on March 1. Analysts suggest that this event is not only impacting SOL but is also creating downward pressure on Bitcoin and Ethereum.
Despite these headwinds, Bitcoin has managed to hold firm at $95,000 after briefly dipping to $93,000. However, the absence of strong bullish catalysts is preventing further upward momentum.
Analysts believe that while BTC and altcoins are poised for growth, they lack the immediate triggers necessary to break higher.
Despite common fears that global crises spell disaster for crypto markets, new data from Binance Research suggests the opposite may be true — at least for Bitcoin.
A new report by crypto analytics firm Alphractal reveals that Bitcoin miners are facing some of the lowest profitability levels in over a decade — yet have shown little sign of capitulation.
Bitcoin’s network hashrate has fallen 3.5% since mid-June, marking the sharpest decline in computing power since July 2024.
Bitcoin has officially overtaken Alphabet (Google’s parent company) in global asset rankings, becoming the sixth most valuable asset in the world, according to the latest real-time market data.