ChainCatcher news, the cryptocurrency market collectively plummeted on March 4, with Bitcoin briefly dropping below $83,000, a decline of over 11% within 24 hours, Ethereum falling over 17%, and ADA dropping over 28%. Coinglass data shows that the total liquidation in the cryptocurrency market exceeded $1 billion, with over 310,000 people liquidated. In the secondary market, most Hong Kong stock cryptocurrency concept stocks also fell, with Boyaa Interactive dropping over 13%, OKC Cloud Chain falling over 21%, and OSL Group down over 3%.Analysts pointed out that the renewed sell-off in the crypto space is related to Trump's latest remarks. On March 3 local time, Trump stated that reciprocal tariffs would begin to be imposed on April 2, and the 25% tariff on goods from Mexico and Canada would take effect on March 4. After this news spread, investors' concerns about the "trade war" intensified, leading to a sell-off of U.S. tech stocks, cryptocurrencies, and other risk assets. The cryptocurrency market collectively plummeted on March 4, with Bitcoin briefly dropping below $83,000, a decline of over 11% within 24 hours, Ethereum falling over 17%, and ADA dropping over 28%. Coinglass data shows that the total liquidation in the cryptocurrency market exceeded $1 billion, with over 310,000 people liquidated. In the secondary market, most Hong Kong stock cryptocurrency concept stocks also fell, with Boyaa Interactive dropping over 13%, OKC Cloud Chain falling over 21%, and OSL Group down over 3%.Analysts pointed out that the renewed sell-off in the crypto space is related to Trump's latest remarks. On March 3 local time, Trump stated that reciprocal tariffs would begin to be imposed on April 2, and the 25% tariff on goods from Mexico and Canada would take effect on March 4. After this news spread, investors' concerns about the "trade war" intensified, leading to a sell-off of U.S. tech stocks, cryptocurrencies, and other risk assets.

ChainCatcher news, recently, Huobi HTX held a Twitter Space themed "Can we still catch the bus in the crypto market downturn?"Crypto KOLs J@Crypto, SteveRen, AK, 527, and Big Brother were invited to attend and shared trading strategies behind the significant drop in the crypto market. The five guests generally believe that Trump's tax cuts, deregulation, and tariff policies, combined with the Federal Reserve's high interest rates of 4.25%-4.50%, have hindered global capital flows and reduced market liquidity.At the same time, the Solana celebrity coin controversy, the Bybit theft incident, and the repeated rejection of state-level Bitcoin reserve bills in the U.S. have led to a concentrated outbreak of negative news, causing the crypto market to decline continuously. J@Crypto believes that the downturn is a short-term shock, and long-term confidence remains. Institutions and traditional funds are slowly positioning themselves, which will extend the bull market cycle. SteveRen analyzed from a technical perspective that Bitcoin has reached the bull-bear boundary EMA200 moving average, and a sharp decline is unlikely to see a quick rebound in the short term.From the perspective of ecological construction, Ethereum is superior to Solana and SUI, with certain potential for an explosion. Big Brother optimistically believes that the Federal Reserve's expectation of interest rate cuts in the second half of the year may boost BTC to new highs. In extreme market conditions, prioritizing BTC with a 70%-80% position allocation, while managing positions and risks, can outperform most people. 527 believes that BTC will oscillate at a high level within the range of 70k-105k. During this period, there may be innovations and explosions in the on-chain ecosystem. Large positions can be allocated to wealth management or held in BTC, while small funds can seize on-chain opportunities.In contrast, AK is more pessimistic. He believes that the bull market ended last year, and the bear market has arrived. Altcoin liquidity has dried up, leaving no room for rebounds; funds can be placed in wealth management products on exchanges like Huobi HTX, such as USDD with up to 20% annualized returns; or one can wait for lower prices to heavily invest in BTC.

ChainCatcher message, according to SoSoValue data, the entire cryptocurrency market has experienced a significant decline, with a general drop of about 4% to 14% over the past 24 hours. Among them, Bitcoin (BTC) fell by 4.45%, and Ethereum (ETH) fell by 11.03%. The Meme sector dropped by 13.47%, with Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) falling by 11.63%, 9.86%, and 15.93%, respectively.It is worth noting that although the AI sector fell by 11.62%, KAITO and Vana (VANA) rose against the trend by 2.79% and 20.39%, respectively.In other sectors, the CeFi sector dropped by 7.45% in 24 hours, the Layer1 sector fell by 9.92%, with Story (IP) rising against the trend by 23.10%; the PayFi sector fell by 10.81%, the DeFi sector dropped by 12.16%, and the Layer2 sector fell by 12.33%.

ChainCatcher news, encrypted influencer Haliey Welch posted a response to the HAWK token crash incident. She stated that she will fully cooperate with the investigation and assist the legal team representing the affected investors, dedicated to uncovering the truth and holding the responsible parties accountable.Previously, a meme coin featuring Haliey Welch's portrait, HAWK, was launched on December 4, reaching a market cap of $500 million, before plummeting 90%, prompting investors to file lawsuits. Welch urged affected investors to contact the Burwick legal team.

ChainCatcher message, this morning Bitcoin price plummeted to nearly $94,000, causing the total cryptocurrency market cap to drop by 11%, with liquidation volume reaching the highest record since 2021.Research institution Ltrd pointed out that analysis shows Coinbase traders became a key factor in the decline. "Coinbase users began large-scale selling an hour before the crash, triggering a cascade of liquidations that further depressed prices."

ChainCatcher news, according to OKX data, Bitcoin briefly spiked to $89,711 this morning and has now rebounded above $96,000, with a 24-hour decline of 1.64%.

ChianCatcher news, this morning the cryptocurrency market plummeted. Institutional analysis suggests that major tokens are digesting the boost received last week from Federal Reserve Chairman Powell's hint that the Fed will lower the benchmark interest rate from a more than twenty-year high. (Jin Ten)

ChainCatcher news, according to Coingecko data, the cryptocurrency market has evaporated over $230 billion this week, with the prices of mainstream cryptocurrencies like BTC and ETH falling to their lowest levels in nearly three months. Institutional digital asset broker FalconX tweeted that institutions are buying the dip during this crash, noting in an observation on August 7 that almost all investors were net buyers, including proprietary trading desks (57% of total buying flow), hedge funds (63%), venture funds (61%), and retail aggregators (72%). "The buy/sell ratio, which was below 50% last week, has now exceeded 50%."FalconX stated that BTC remains the largest cryptocurrency asset, with a trading volume 2.8 times that of ETH, and the trading volume of BTC and ETH is more than twice that of altcoins.FalconX is also one of the active participants in bottom-fishing during this crash. On July 30, Lookonchain monitored that FalconX deposited 1,000 BTC to Binance.

ChainCatcher news, according to Bloomberg, since becoming an exchange-traded fund (ETF) on January 11, the Grayscale Bitcoin Trust (GBTC) has seen outflows of approximately $4.8 billion. Bitcoin has dropped about 20% during the same period. The daily outflow rate of GBTC peaked at $641 million on January 22, but fell to $394 million by January 25. Fundstrat Global Advisors Chief Cryptocurrency Strategist Sean Farrell wrote in a report: "We are starting to see the redemption volume of GBTC gradually decrease, and of course, we need a few more days of follow-up, but merely slowing the outflow of assets under management will have a huge positive impact on the market."Additionally, nine other spot Bitcoin ETFs have attracted over $5 billion in funds, while the net inflow for the ten spot ETFs (including Grayscale) is approximately $574 million. JPMorgan strategists, including Nikolaos Panigirtzoglou, wrote in a report: "Last year, investors took profits on previous GBTC investments at prices below net asset value, which may have been a major driver behind the Bitcoin pullback. This profit-taking should largely be over, thereby limiting any downside for Bitcoin."