A group of global financial firms tokenized a repo transaction with U.K. government bonds for the first time.
BitcoinWorld USD Outlook 2025: Navigating the Precarious Path Between Trade Risks and Fed Signals NEW YORK, March 2025 – The US Dollar (USD) currently navigates a complex financial landscape, buffeted by persistent trade policy uncertainties and evolving signals from the Federal Reserve. Analysis from Brown Brothers Harriman (BBH) and other market observers highlights a period of heightened sensitivity for the world’s primary reserve currency. This comprehensive analysis delves into the dual pressures shaping the USD outlook for 2025, examining the underlying economic mechanisms and their potential ramifications for global markets. Understanding the Dual Pressures on the USD Currency valuation fundamentally reflects relative economic strength and monetary policy. Consequently, the USD’s trajectory now hinges on two critical, and often conflicting, narratives. On one front, geopolitical tensions and shifting trade alliances create tangible risks for US export competitiveness and capital flows. Simultaneously, the Federal Reserve’s communication regarding interest rate paths and balance sheet management directly influences the dollar’s yield appeal. Market participants must therefore weigh these factors carefully, as their interplay will determine short-term volatility and longer-term trends. The Mechanics of Trade Risk Transmission Trade policy uncertainty impacts currency markets through several clear channels. First, the threat of tariffs or disrupted supply chains can dampen business investment and corporate earnings forecasts, potentially weakening economic growth prospects. Second, such uncertainty can trigger capital flow shifts as investors seek safer or more predictable environments. For instance, data from the Institute of International Finance shows foreign direct investment flows into the US moderated in late 2024 amid trade talks. Finally, trade tensions often spur currency market interventions by other nations, creating indirect pressure on bilateral exchange rates. Deciphering Federal Reserve Policy Signals The Federal Reserve’s dual mandate of price stability and maximum employment remains its guiding principle. However, its communication strategy—often called “Fed speak”—has become a critical market variable. In 2025, analysts focus on several key signals. The Summary of Economic Projections (SEP), particularly the “dot plot,” provides insight into Federal Open Market Committee (FOMC) members’ rate expectations. Furthermore, speeches by Chair Jerome Powell and other governors offer nuanced views on inflation tolerance and employment goals. Any deviation from market expectations in these communications can cause immediate USD fluctuations. Recent FOMC minutes indicate a data-dependent approach, prioritizing incoming inflation and labor market reports. This stance creates a reactive policy environment, where strong economic data may signal a more hawkish tilt, supporting the USD. Conversely, signs of economic softening could prompt a more dovish interpretation, potentially weighing on the currency. The table below summarizes key Fed signals and their typical impact on the USD: Fed Signal Typical USD Impact Market Mechanism Hawkish Tone (Rate Hike Bias) Appreciation Higher expected yields attract capital inflows. Dovish Tone (Rate Cut or Pause Bias) Depreciation Lower expected yields reduce relative attractiveness. Focus on Inflation Above Target Appreciation Signals tighter future policy to combat prices. Focus on Labor Market Weakness Depreciation Signals accommodative policy to support jobs. BBH Analysis and Broader Market Consensus Brown Brothers Harriman’s currency strategists have consistently highlighted the tension between these forces. Their research notes that while the Fed may signal a cautious, patient approach, external trade dynamics introduce volatility that complicates the policy outlook. For example, a sudden escalation in trade tensions could simultaneously spur risk-off flows into the USD as a safe haven, while also threatening the economic growth that underpins the Fed’s hawkish potential. This creates a non-linear relationship that challenges traditional forecasting models. Other major financial institutions echo this complex view. A recent survey of 60 leading bank forecasts compiled by Bloomberg showed a wide dispersion in year-end USD index (DXY) predictions, reflecting the high degree of uncertainty. Key points from analyst reports include: JPMorgan Chase emphasizes the dollar’s role as a funding currency, which can lead to sharp reversals during risk aversion episodes. Goldman Sachs points to relative central bank policy divergence, particularly with the European Central Bank and Bank of Japan, as a primary medium-term driver. Citigroup analysts warn of “fat tail” risks from unforeseen geopolitical events disrupting trade flows more severely than baseline forecasts assume. The Historical Context and 2025 Specifics Understanding the current juncture requires historical perspective. The USD experienced significant strength during the Fed’s 2022-2024 tightening cycle, rising approximately 15% on a broad trade-weighted basis. However, as that cycle peaked, the currency entered a consolidation phase. The unique challenge in 2025 is that trade policy, rather than purely domestic business cycles, presents a major source of potential economic shock. Historical analogs, such as periods of trade friction in the 1980s or early 2000s, provide limited guidance due to today’s deeply integrated global supply chains and digital trade flows. Potential Impacts on Global Financial Markets The interplay between trade risks and Fed signals has profound implications beyond forex markets. A stronger USD, driven by hawkish Fed expectations, typically pressures: Emerging Market (EM) Currencies: Dollar strength increases debt servicing costs for EM nations and corporations with USD-denominated liabilities. Commodity Prices: Many commodities, like oil and copper, are priced in dollars. A stronger dollar makes them more expensive in local currencies, potentially dampening global demand. Multinational Corporate Earnings: US companies with large overseas revenues see those earnings translated back into fewer dollars, potentially affecting stock valuations. Conversely, a weaker USD scenario, perhaps prompted by a dovish Fed pivot to offset trade-driven slowdowns, would have opposite effects, potentially boosting EM assets and commodity prices. The volatility itself, however, poses a challenge for long-term investors and corporate treasurers managing currency exposure. Conclusion The 2025 outlook for the US Dollar remains inherently tied to the balance between external trade risks and domestic monetary policy signals. Analysis from BBH and other experts confirms a market environment characterized by elevated uncertainty and reactive price action. While the Federal Reserve’s data-dependent framework aims for stability, unpredictable trade developments represent a persistent source of potential disruption. Market participants should therefore monitor key indicators like the DXY index, Treasury yields, and trade policy announcements closely. Ultimately, the USD’s path will be determined by which narrative—trade-driven risk aversion or Fed policy expectations—exerts the dominant influence on global capital flows in the coming months. FAQs Q1: What are the main trade risks affecting the USD in 2025? The primary risks include renewed tariff disputes with major trading partners, fragmentation of global supply chains, and retaliatory measures from other nations that could reduce US export demand and alter investment flows. Q2: How does the Federal Reserve influence the US Dollar’s value? The Fed influences the USD primarily through its interest rate decisions and forward guidance. Higher interest rates generally increase demand for dollar-denominated assets, boosting the currency’s value, while lower rates or dovish signals can have the opposite effect. Q3: What is the “dot plot” and why is it important for the USD? The “dot plot” is part of the Fed’s Summary of Economic Projections, showing each FOMC member’s forecast for the federal funds rate. It provides crucial insight into the committee’s collective policy bias, which markets use to price future interest rate moves and value the dollar accordingly. Q4: Can the USD be strong and weak at the same time? Yes, this is known as divergence. The USD can strengthen against some currencies (like those of commodity exporters) while weakening against others (like safe-haven currencies such as the Swiss Franc), depending on the specific drivers at play. Broad indices like the DXY provide an aggregate measure. Q5: What should traders watch to gauge the direction of the USD? Key indicators include monthly US Non-Farm Payrolls and CPI inflation reports, FOMC meeting statements and minutes, major trade policy announcements from the US government, and relative economic data from other major economies like the Eurozone and China. This post USD Outlook 2025: Navigating the Precarious Path Between Trade Risks and Fed Signals first appeared on BitcoinWorld .
USD1 experienced a brief 0.6% price dip due to a coordinated attack. Heavy USD1 liquidity on Binance increased vulnerability during turmoil. Continue Reading: Coordinated Attack Briefly Disrupts USD1 Stablecoin Peg The post Coordinated Attack Briefly Disrupts USD1 Stablecoin Peg appeared first on COINTURK NEWS .
BitcoinWorld US Dollar Index Surges: Critical Fed Speeches Loom as Markets Brace for Impact NEW YORK, March 12, 2025 – The US Dollar Index (DXY) climbed decisively in early Wednesday trading, marking a significant pre-market move that has captured the attention of global forex traders. This upward momentum arrives just hours before the US trading session opens and, more critically, ahead of a series of scheduled speeches from Federal Reserve officials. Consequently, market participants are parsing every data point for clues on the future path of interest rates, which directly fuels currency valuation. The index, which measures the dollar against a basket of six major world currencies, often acts as a barometer for global risk sentiment and relative economic strength. US Dollar Index Gains Momentum Ahead of Key Events The US Dollar Index’s ascent reflects a complex interplay of technical positioning and fundamental anticipation. Specifically, the DXY found strong support above the 104.50 level in overnight trading. Subsequently, it broke through initial resistance, signaling bullish conviction among institutional players. This price action occurs within a broader macroeconomic context defined by persistent inflation concerns and robust US economic data. For instance, recent labor market reports and consumer spending figures have consistently outperformed expectations. Therefore, traders are adjusting their portfolios to account for a potentially more ‘hawkish’ Federal Reserve stance. Meanwhile, the euro and Japanese yen, which carry significant weight in the DXY basket, showed relative weakness, further propelling the dollar higher. Federal Reserve Speeches Take Center Stage All eyes now turn to the scheduled remarks from several Federal Reserve officials today. Speeches from voting members of the Federal Open Market Committee (FOMC) carry particular weight. Historically, markets experience heightened volatility during these events as officials clarify or adjust the policy narrative. The central question revolves around the timing and pace of any future interest rate adjustments. Recent meeting minutes have indicated a patient approach, but strong data has fueled debate. Analysts will scrutinize the language used regarding inflation ‘confidence’ and labor market ‘balance’. Any deviation from the established cautious script could trigger sharp moves across all asset classes, not just currencies. Expert Analysis: Interpreting the Fed’s Dual Mandate Financial experts emphasize the Fed’s dual mandate of price stability and maximum employment as the core framework for analysis. “The market is trying to solve a puzzle,” explains Dr. Anya Sharma, Chief Economist at the Global Monetary Institute. “On one hand, employment remains strong, supporting the economy. On the other, service-sector inflation has proven sticky. The Fed’s communications today must bridge this gap. They need to acknowledge data strength without committing to a predefined policy path prematurely. A misstep in tone could unnecessarily tighten or loosen financial conditions.” This expert perspective underscores the high-stakes nature of central bank communication in modern markets. Global Market Context and Currency Correlations The dollar’s strength does not exist in a vacuum; it directly impacts global financial flows. A stronger DXY typically creates headwinds for commodities priced in dollars, such as oil and gold. Furthermore, it can pressure emerging market currencies and economies with high dollar-denominated debt. The following table illustrates the typical correlations observed during periods of sustained DXY appreciation: Asset Class Typical Correlation with Strong USD Primary Reason Gold (XAU/USD) Negative Higher dollar makes gold more expensive for holders of other currencies. Crude Oil (WTI) Negative Similar to gold; global demand may also be impacted by economic tightening. US Treasury Yields Positive Higher rates attract foreign capital, boosting dollar demand. Major Equity Indices (e.g., S&P 500) Mixed/Negative Can hurt multinational earnings but reflect strong domestic economy. Understanding these relationships is crucial for a holistic view. For example, today’s DXY move coincided with a slight pullback in gold prices, demonstrating this classic inverse dynamic in action. Technical Outlook and Trader Positioning From a chartist’s perspective, the US Dollar Index is testing a key technical juncture. The recent consolidation pattern suggests a buildup of energy for a directional breakout. Key levels to watch include: Immediate Resistance: The 105.20 level, which capped advances twice last month. Primary Support: The 200-day moving average near 103.80, a long-term trend indicator. Bullish Signal: A daily close above 105.50 would open the path toward the 106.00 handle. Commitments of Traders (COT) reports also show that speculative net-long positions on the dollar have increased for three consecutive weeks. This data indicates that professional money managers are already positioned for further dollar strength, making today’s Fed commentary a potential catalyst for a ‘buy the rumor, sell the news’ event or a confirmation rally. Historical Precedent and Market Memory Financial markets possess a long memory. The current setup evokes comparisons to periods in 2018 and 2022, when the Fed embarked on explicit tightening cycles. During those phases, the DXY experienced sustained multi-month rallies as interest rate differentials widened in favor of the United States. However, the present environment differs due to elevated global geopolitical tensions and fragmented trade relationships. These factors add a layer of ‘safe-haven’ demand for the dollar beyond pure interest rate mechanics. Analysts caution against direct historical analogies but acknowledge that the fundamental driver—divergent central bank policies—remains a powerful theme. Conclusion The US Dollar Index’s pre-market rise sets a consequential stage for today’s trading session. While technical factors provide the immediate impetus, the fundamental driver remains the anticipated guidance from Federal Reserve officials. Their words will either validate the market’s pricing of a resilient US economy and persistent inflation or temper those expectations. The resulting direction for the DXY will have profound ripple effects across global forex markets, commodity prices, and international capital flows. Ultimately, today exemplifies the critical intersection of data, central bank policy, and market psychology that defines modern currency valuation. FAQs Q1: What is the US Dollar Index (DXY)? The US Dollar Index is a measure of the value of the United States dollar relative to a basket of six major foreign currencies: the euro, Japanese yen, British pound, Canadian dollar, Swedish krona, and Swiss franc. It provides a general indicator of the dollar’s international strength. Q2: Why do Federal Reserve speeches move the dollar? Federal Reserve officials provide insights into the central bank’s economic outlook and potential future monetary policy actions, particularly regarding interest rates. Since higher US interest rates tend to attract foreign investment into dollar-denominated assets, increasing demand for the currency, their comments can directly influence trader expectations and the dollar’s value. Q3: What does a higher US Dollar Index mean for Americans? For American consumers, a stronger dollar generally increases purchasing power for imported goods and foreign travel. However, for US-based multinational companies, it can make their products more expensive overseas and reduce the value of their foreign earnings when converted back to dollars, potentially impacting stock prices. Q4: How is the DXY different from trading EUR/USD or USD/JPY? The DXY is a weighted index of multiple currencies, providing a broad view of dollar strength. Trading a pair like EUR/USD involves speculating on the exchange rate between just two currencies. The DXY is heavily influenced by the euro (due to its ~57.6% weighting), so it often moves inversely to the EUR/USD pair. Q5: What other economic data influences the US Dollar Index? Beyond Fed policy, key influencers include US inflation reports (CPI, PCE), employment data (Non-Farm Payrolls), GDP growth figures, and retail sales. Additionally, economic performance and central bank actions in the Eurozone, Japan, and the UK significantly impact the currencies that make up the DXY basket. This post US Dollar Index Surges: Critical Fed Speeches Loom as Markets Brace for Impact first appeared on BitcoinWorld .
BlackRock has withdrawn $150 million in Bitcoin and Ethereum from Coinbase.
AR at 1.84$ is at a critical level; while carrying upside potential with RSI oversold, the downtrend preserves the downside risk. A 1.8533$ breakout is bullish, a 1.7100$ breakout triggers the bear...
BitcoinWorld Kalshi Affiliate Badges Disappear: Strategic Shift Follows X’s Critical Gambling Policy Update In a significant compliance move, prediction market platform Kalshi has removed affiliate badges from all partner accounts, signaling a strategic response to evolving platform regulations that could reshape influencer marketing across financial prediction industries. This development, first reported by The Block on November 15, 2024, represents a pivotal moment for event contract platforms navigating the complex intersection of financial markets, social media promotion, and gambling-adjacent content policies. Kalshi Affiliate Badges Removal: Immediate Context and Platform Response Kalshi executed the removal of distinctive affiliate badges from influencer accounts this week. These small logos previously appeared next to partner account icons. The badges served as visual identifiers for content creators who promoted Kalshi’s event contracts. These contracts allow users to speculate on real-world outcomes. Partners received revenue shares based on their promotional effectiveness. The removal follows X’s recent policy update restricting paid promotions for gambling and sports betting content. Consequently, Kalshi’s decision demonstrates proactive compliance measures. The platform operates under CFTC regulation as a legal U.S. prediction market. This regulatory status creates unique challenges for marketing financial products that resemble gambling mechanisms. Prediction markets have existed for decades as information aggregation tools. Platforms like Kalshi gained regulatory approval in 2021. They offer contracts on political, economic, and cultural events. The affiliate program launched in 2022 to expand user acquisition. Influencers received badges to maintain transparency about financial relationships. This transparency aligned with FTC endorsement guidelines. However, social media platforms now implement stricter gambling content policies. X’s updated rules specifically target paid promotions. The policy change reflects broader regulatory scrutiny of gambling advertisements. Kalshi’s response shows how regulated entities adapt to platform governance changes. Comparative Analysis: Kalshi Versus Polymarket Approaches Competitor Polymarket continues using similar affiliate badges currently. This divergence highlights different risk assessments and strategic approaches. Polymarket operates from offshore jurisdictions with different regulatory frameworks. The platform accepts cryptocurrency and serves international users primarily. Kalshi maintains U.S. regulatory compliance as its core advantage. The CFTC oversight requires stricter marketing compliance standards. Industry analysts observe this creates fundamental operational differences. Compliance departments weigh platform policy violations against regulatory requirements. Financial platforms increasingly face conflicting governance layers. Prediction Market Platform Comparison: November 2024 Platform Affiliate Badge Status Primary Jurisdiction Regulatory Body Response to X Policy Kalshi Removed United States CFTC Proactive compliance Polymarket Active Offshore Various Continued use X Platform Policy Changes: The Regulatory Catalyst X implemented its updated gambling policy in October 2024. The changes specifically restrict paid promotions for gambling content. This includes sports betting and prediction market promotions. Platform guidelines now require stricter age and location gating. The policy update follows increased regulatory pressure in multiple jurisdictions. Social media platforms face scrutiny over gambling advertisement impacts. Research shows gambling content exposure correlates with increased participation rates. Consequently, platforms implement protective measures for vulnerable users. X’s policy aligns with similar restrictions on Meta and Google platforms. These companies updated advertising policies throughout 2023 and 2024. The policy changes create significant challenges for prediction markets. These platforms occupy a regulatory gray area between financial markets and gambling. Legal prediction markets argue they provide economic utility through price discovery. However, platform policies often categorize them with traditional gambling. This classification affects marketing capabilities substantially. Influencer marketing became a primary user acquisition channel. The badge removal represents a fundamental shift in this strategy. Platforms must now develop alternative marketing approaches. These approaches must comply with both financial regulations and platform policies. Policy Implementation Timeline: X announced changes in September 2024, with October enforcement Key Restrictions: Paid promotions for gambling/sports betting content prohibited Geographic Variations: Policies vary by user location and local regulations Enforcement Mechanisms: Automated detection and manual reporting systems Influencer Marketing Evolution in Prediction Markets Prediction markets developed sophisticated influencer partnerships over recent years. These relationships helped platforms reach new demographic segments. Financial influencers, or finfluencers, provided educational content about prediction markets. They explained contract mechanics and trading strategies. The affiliate badges served multiple important functions. First, they maintained transparency about financial relationships. Second, they provided social proof through platform endorsement. Third, they created visual distinction in crowded social media feeds. The removal eliminates these visibility advantages immediately. Influencers now face uncertainty about future partnership structures. Many creators built content strategies around prediction market education. The policy changes necessitate content adaptation. Some influencers may shift toward general financial education content. Others might explore alternative partnership models. These could include fixed-fee arrangements instead of revenue sharing. Platform policies typically allow educational content without direct promotion. However, the distinction between education and promotion remains ambiguous. Content creators must navigate this ambiguity carefully. Missteps could result in account restrictions or demonetization. Regulatory Landscape: CFTC Oversight and Marketing Boundaries The Commodity Futures Trading Commission regulates Kalshi’s operations. This regulatory framework imposes specific marketing restrictions. Platforms must avoid misleading claims about profit potential. They must provide balanced risk disclosures prominently. The CFTC monitors marketing materials for compliance violations. Prediction markets operate under event contract designations. These differ from traditional securities or commodities. The regulatory distinction affects permissible marketing approaches. Platforms cannot guarantee returns or minimize risks inappropriately. Influencer content must reflect these regulatory requirements. The badge removal may simplify compliance monitoring. Without official badges, the platform maintains greater distance from influencer content. Regulatory experts note increasing convergence between financial and platform regulations. The SEC recently highlighted social media promotion concerns. Regulatory bodies monitor influencer marketing across financial products. Prediction markets represent a particularly sensitive category. Their gambling-adjacent nature attracts additional scrutiny. Platforms must balance user acquisition with regulatory compliance. This balancing act becomes more complex with platform policy changes. Kalshi’s response demonstrates regulatory prioritization. The platform maintains its CFTC-approved status as paramount. Marketing adaptations support this primary regulatory objective. Industry Impact and Future Trajectories The badge removal signals broader industry shifts. Prediction markets face mounting pressure on multiple fronts. Regulatory scrutiny increases in various jurisdictions. Platform policies restrict traditional marketing channels. User acquisition costs rise as alternatives develop. The industry must innovate marketing approaches substantially. Potential strategies include educational content partnerships without direct promotion. Platforms might develop proprietary content channels. Some may explore traditional advertising with strict compliance measures. Others could focus on institutional and professional user segments. Market data shows prediction market growth despite these challenges. Total value locked across platforms increased 40% year-over-year. User numbers continue expanding across demographic groups. The fundamental value proposition remains compelling for many users. Price discovery mechanisms provide unique information aggregation. Platforms emphasize these economic utilities in marketing materials. The shift away from influencer badges may refocus messaging. Educational content about market mechanics could replace promotional content. This approach aligns better with both regulatory and platform requirements. User Acquisition Shift: From influencer marketing to educational content Compliance Priority: Regulatory requirements over marketing optimization Industry Adaptation: Development of alternative partnership models Platform Strategy: Divergence based on jurisdictional approaches Conclusion Kalshi’s removal of affiliate badges represents a strategic compliance decision with industry-wide implications. The move responds directly to X’s updated gambling promotion policies while maintaining alignment with CFTC regulatory requirements. This development highlights the complex governance landscape prediction markets navigate, balancing financial regulations, platform policies, and marketing effectiveness. The divergent approaches between Kalshi and Polymarket illustrate how jurisdictional differences shape platform strategies. As prediction markets continue evolving, marketing adaptations will play crucial roles in sustainable growth while maintaining regulatory compliance and platform access. The Kalshi affiliate badges removal marks a significant moment in this ongoing industry maturation process. FAQs Q1: Why did Kalshi remove affiliate badges from influencer accounts? Kalshi removed affiliate badges in response to X’s updated policy restricting paid promotions for gambling and sports betting content. The badges identified influencers who promoted Kalshi’s event contracts for revenue share, potentially violating X’s new guidelines. Q2: How does Kalshi’s response differ from competitor Polymarket? Polymarket continues using similar affiliate badges, highlighting different strategic approaches. Kalshi prioritizes compliance with platform policies and maintains its CFTC-regulated status, while Polymarket operates from offshore jurisdictions with different risk assessments. Q3: What are the regulatory implications for prediction market marketing? Prediction markets face overlapping regulations from financial authorities and platform policies. The CFTC requires specific disclosures and prohibits misleading claims, while social media platforms increasingly restrict gambling-adjacent content promotions, creating complex compliance challenges. Q4: How will this affect influencers who promoted prediction markets? Influencers must adapt their content strategies, potentially shifting from direct promotion to educational content about prediction market mechanics. Partnership models may evolve toward fixed-fee arrangements rather than revenue sharing to comply with platform policies. Q5: What does this mean for the future of prediction market user acquisition? Platforms will likely develop alternative marketing approaches, including educational content partnerships, proprietary content channels, and refined targeting of professional user segments, while maintaining strict compliance with both financial regulations and platform policies. This post Kalshi Affiliate Badges Disappear: Strategic Shift Follows X’s Critical Gambling Policy Update first appeared on BitcoinWorld .
Tariff shocks led to a capital rotation from crypto into precious metals and tokenized commodities, as analysts warn that the thin crypto market liquidity is limiting a wider recovery.
Over 20,000 Bitcoin ( BTC ) millionaires have disappeared in less than two months, as the flagship cryptocurrency’s brutal 2026 correction wipes billions from investor portfolios. A Finbold analysis of current and historic data retrieved from BitInfoCharts and using the Wayback Machine on February 24, 2026, revealed that the number of Bitcoin millionaire addresses fell by 20,564 since January 1, 2026. Specifically, addresses holding over $1 million in BTC declined by 15.68%, dropping from 131,125 to 110,561. Meanwhile, wallets containing more than $10 million worth of Bitcoin fell by 2,596, from 16,355 to 13,759. Bitcoin millionaire addresses on February 24 and January 1, 2026. Source: BitInfoCharts & BitInfoCharts via the Wayback Machine It is important to distinguish between millionaire addresses and individual millionaires. One investor can control multiple wallets, while institutional custodians often divide holdings across several addresses. A dramatic reversal after 2025’s record rally The 2026 wipeout extends a downturn that began late last year. After surging to a new all-time high above $125,000 in October 2025 amid a powerful bull market, Bitcoin reversed sharply. By February 24, 2026, BTC had corrected by roughly 50% from its peak. Bitcoin price 6-month chart with trading since early October 2025 marked. Source: Google Notably, a distinction should be made between Bitcoin millionaires and BTC millionaire addresses, as one person may own multiple addresses and, through various institutional investors, a single wallet might be split between multiple individuals. Bitcoin wipes $510 billion from its market cap in 2026 Considering the broad cryptocurrency market sell-off of 2026, the decline in the number of BTC millionaire addresses was to be expected. In total, digital assets erased $800 billion from their market capitalization, and Bitcoin alone accounted for $510 billion. What is somewhat surprising is the circumstances of the crash. The digital assets space has been hoping and calling for institutional acceptance and adoption, regulators taking an amicable stance, and a friendly administration. By 2025, cryptocurrencies have essentially received all of the desired boons to the point that some of the biggest remaining Bitcoin bulls in 2026 are major, traditional institutions. Experts and institutions forecast Bitcoin’s 2026 performance Indeed, while multiple prominent blockchain analysts are estimating that BTC is headed toward cycle lows , Bernstein estimates the bear case is extremely weak and is anticipating a rally to $150,000. Standard Charters was likewise bullish in its downward revisions. Though the banking giant is no longer anticipating a surge to $150,000, it had, nonetheless, opted for an optimistic $100,000 price target . Therefore, it remains somewhat unclear if the overall downturn is the result of the traditional cryptocurrency cycle, global instability of the likes unseen, arguably, in decades, or a set of different factors. Lastly, it is also worth noting that, despite the overall bureaucratic friendliness that marked 2025 and early 2026, the actual, sweeping legal framework for digital assets in the U.S. has both been postponed and is proving contentious . Featured image via Shutterstock The post Bitcoin loses over 20,000 millionaires since the start of 2026 – Finbold report appeared first on Finbold .
Crypto investment funds recorded significant outflows for five straight weeks. Bitcoin and Ether funds saw major withdrawals as investors turned cautious. Continue Reading: Outflows Accelerate as Crypto Investment Products Face Sluggish Demand The post Outflows Accelerate as Crypto Investment Products Face Sluggish Demand appeared first on COINTURK NEWS .