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According to BlockBeats, Greeks.live analyst Adam shared insights on X regarding the current sentiment in the cryptocurrency community. The prevailing mood appears bearish, with traders closely watching the $82,000 mark as a crucial support level for Bitcoin. While there is some disagreement within the community, with a minority anticipating a potential price increase in the coming months, the recent sharp decline from $95,000 to $78,000 has led most traders to adopt a cautious stance. Traders are waiting for Bitcoin's price to stabilize above the monthly opening price, which could signal a potential recovery. Some community members attribute the steep drop to a lack of buying pressure and the expiration of options on February 28.

According to PANews, crypto analyst Ali Martinez revealed on the X platform that short-term holders have purchased more than 35,000 Bitcoin in the past 96 hours.

On Mar 01, 2025, 10:52 AM(UTC). According to Binance Market Data, Bitcoin has dropped below 85,000 USDT and is now trading at 84,919.203125 USDT, with a narrowed narrowed 6.04% increase in 24 hours.

According to BlockBeats, data from mempool indicates that Bitcoin's latest block, numbered 885840, was mined at 18:30:14 UTC+8 on March 1. This marks an interval of over 77 minutes since the previous block, 885839, which was mined at 17:13:00 UTC+8.

According to BlockBeats, on March 1, Farside Investors reported a net inflow of $94.3 million into U.S. Bitcoin spot ETFs. The breakdown of the inflows and outflows is as follows:BlackRock's IBIT experienced an outflow of $244 million, while Fidelity's FBTC saw an inflow of $176 million. Bitwise's BITB recorded an inflow of $4.6 million, and ARK's ARKB had a significant inflow of $193.7 million. VanEck's HODL faced an outflow of $7.7 million. Grayscale's GBTC saw an outflow of $33.3 million, whereas Grayscale Mini BTC recorded an inflow of $5.6 million.

According to PANews, Eason Technology, a company listed on the New York Stock Exchange, has announced its decision to invest $150,000 in Bitcoin. The company's CEO clarified that this purchase is intended for product development purposes. Currently, there are no plans to incorporate digital assets into the company's asset portfolio.

According to PANews, data from Trader T reveals that U.S. Bitcoin ETFs experienced a net outflow of approximately 40,000 BTC in February, valued at around $3.546 billion. The market conditions for the month were as follows:Bitcoin's price dropped from $102,400 to $84,300, marking a decline of about 18%. Nearly all Bitcoin ETFs saw outflows during this period.BlackRock's IBIT reduced its holdings by approximately 9,740 BTC, now holding 573,136 BTC. This outflow, valued at around $721 million, set a record for the largest monthly outflow.Fidelity's FBTC experienced outflows amounting to $1.202 billion.Grayscale saw outflows totaling $585 million, with $404 million from GBTC and $181 million from its Bitcoin Mini Trust Fund.

According to Binance Market Data, Bitcoin (BTC) crossed the 86,000 USDT benchmark and is now trading at 86,187.5 USDT, with a 7.47% increase in 24 hours.

According to PANews, Solana co-founder Toly recently expressed his views on Bitcoin's value in response to community members. He stated that Bitcoin holds no intrinsic value and is best considered as insurance. Toly explained that, based on his life experiences, there is a 1% annual chance of a superpower collapsing. In such a scenario, he believes it is worthwhile to allocate 1% of one's wealth to assets that might retain value. He emphasized that this approach is not an investment but rather a cost, with no guarantee of success. Toly noted that Bitcoin could serve this purpose whether its price is $100,000 or $10,000, and that its effectiveness is largely unrelated to technology, aside from its initial innovation 15 years ago.

According to Foresight News, on-chain data analyst @ai_9684xtpa has reported that a trader with the ID 'Set 10 Big Goals First' executed a significant transaction early today. The trader purchased 1,698 BTC at a price of $83,568.65 per Bitcoin, amounting to a total position value of $142 million.

According to Binance Market Data, Bitcoin (BTC) crossed the 85,000 USDT benchmark and is now trading at 85,008.0625 USDT, with a 3.71% increase in 24 hours.

According to Binance Market Data, Bitcoin (BTC) dropped below 84,000 USDT and is now trading at 83,934.46875 USDT, with a 0.46% decrease in 24 hours.

According to Odaily, Cynthia Lummis, the Chair of the U.S. Senate Banking Subcommittee on Digital Assets, expressed her financial strategy on the X platform. She stated, 'I spend dollars and save bitcoin,' highlighting her preference for using Bitcoin as a savings tool.

According to CoinDesk, Bitdeer Technologies (BTDR) has announced the acquisition of 50 bitcoin (BTC), capitalizing on the opportunity as the cryptocurrency's price appeared poised for its most significant monthly decline since June 2022. The bitcoin mining company disclosed via a tweet that it paid an average price of $81,475 per bitcoin for this purchase.This acquisition increases Bitdeer's total bitcoin holdings to 855 BTC, valued at approximately $69 million, based on data from Bitcoin Treasuries. Despite this strategic move, the company's shares experienced a slight decline, falling 0.64% at the market open to just below $11. This drop coincided with a broader downturn in the cryptocurrency market, which saw bitcoin and other digital assets decrease by 4% over a 24-hour period. However, the crypto market showed signs of recovery at the start of U.S. trading hours, with bitcoin prices climbing above $82,000.

BlackRock to Increase Bitcoin ETF Allocation, Signaling Long-Term Institutional ConfidenceAccording to PANews, BlackRock Inc., the world’s largest asset manager, is set to increase its allocation to the iShares Bitcoin Trust ETF (IBIT) by 1% to 2% within its target allocation investment portfolios that allow alternative assets. While this represents a relatively small portion of BlackRock’s overall model portfolio business, the move could pave the way for new institutional demand at a time when crypto market sentiment remains uncertain.BlackRock’s Model Portfolios: A Potential Capital Inflow Channel for BitcoinModel portfolios—pre-structured investment strategies for financial advisors—have experienced significant growth in recent years. Adjustments to these portfolios can trigger substantial capital inflows into specific assets. By integrating IBIT into these portfolios, BlackRock is potentially driving increased exposure to Bitcoin among traditional investment firms and wealth managers.BlackRock’s Perspective on Bitcoin’s Role in Portfolio DiversificationMichael Gates, chief portfolio manager for BlackRock’s target allocation ETF model portfolio series, emphasized Bitcoin’s long-term investment potential and its unique diversification benefits for institutional portfolios. Gates noted in an investment commentary on February 27 that BlackRock sees Bitcoin as an alternative asset class that could enhance portfolio resilience.A BlackRock spokesperson confirmed the planned allocation increase, reinforcing the asset manager’s commitment to Bitcoin as part of a balanced investment strategy.Bloomberg Analysts: BlackRock Has Already Integrated IBIT into Some PortfoliosBloomberg analysts reported earlier today that BlackRock has already added IBIT to one of its smaller model portfolios, suggesting that the allocation strategy is already underway. If BlackRock expands its Bitcoin ETF exposure across larger model portfolios, this could further strengthen institutional adoption and drive additional liquidity into the market.Institutional Bitcoin Adoption Continues to EvolveDespite recent market downturns, BlackRock’s decision reaffirms Bitcoin’s growing role in institutional portfolios. If more asset managers follow suit, Bitcoin ETFs could see sustained inflows, countering recent outflows and volatility in the crypto space. BlackRock’s strategic move highlights the increasing acceptance of Bitcoin as a legitimate asset class among traditional investors.

On Feb 28, 2025, 15:25 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 84,000 USDT benchmark and is now trading at 84,021.023438 USDT, with a narrowed narrowed 1.85% decrease in 24 hours.

According to BlockBeats, Bitcoin prices experienced an uptick on February 28 following the release of PCE data, fueling optimism about a potential easing of macroeconomic conditions in the coming month. Julien Bittel, Head of Macro Research at Global Macro Investor, commented on the potential impact of the macro environment on Bitcoin, noting positive news for bullish investors. He stated, "When financial conditions tighten, liquidity dries up, and economic surprises begin to slow down. The market's 'panic' won't last long, and all of this will reverse next month. Over the past two months, financial conditions have improved rapidly—dollar depreciation, declining bond yields, and falling oil prices—laying the groundwork for a recovery in the cryptocurrency market."

On Feb 28, 2025, 15:11 PM(UTC). According to Binance Market Data, Bitcoin has crossed the 83,000 USDT benchmark and is now trading at 83,072.9375 USDT, with a narrowed narrowed 2.64% decrease in 24 hours.