Bitcoin Flat At $70,000 As ‘Friday Effect’ Weighs On Ethereum, XRP, Dogecoin

Bitcoin traded sideway on Friday, with broader crypto markets showing little momentum despite ongoing regulatory developments.

Notable Statistics:

Coinglass data shows 80,653 traders were liquidated in the past 24 hours for $197.42 million.

SoSoValue data shows net outflows of $90.2 million from spot Bitcoin ETFs on Thursday. Spot Ethereum ETFs saw net outflows of $136.4 million.

In the past 24 hours, top losers include River, MemeCore and Stable.

Notable Developments:

Trader Notes:  Daan Crypto Trades noted Bitcoin has recently shown a pattern of weak and volatile Friday performance, likely driven by reduced participation from large players and risk-off positioning ahead of the…

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White House Reaches Tentative Crypto Agreement: Report

Key senators and the White House have reached a tentative agreement on cryptocurrency legislation aimed at resolving a dispute between banks and digital asset firms over stablecoin yields, according to Politico reporting.

The move could clear the way for a landmark crypto regulatory bill stalled in the Senate Banking Committee since January.

Sen. Thom Tillis (R-N.C.) and Sen. Angela Alsobrooks (D-Md.) said Friday they have an “agreement in principle” on language intended to balance innovation with financial stability. The legislation seeks to prevent stablecoin rewards programs from triggering widespread deposit withdrawals from traditional banks, a concern raised by Wall Street…

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Michael Saylor Makes A Bitcoin Retirement Plan Possible If You’re Willing To Risk It

Bitcoin (CRYPTO: BTC) as a retirement plan?

That may be possible using four complementary assets, according to Bitcoin firm Beretirement.

The firm points to a “portfolio garage” of Bitcoin-linked investments, each serving a distinct role:

The framework emphasizes that these assets are not substitutes but complementary layers within a broader strategy:

Core exposure: Bitcoin and IBIT

Income layer: STRC

Growth leverage: MSTR

The key takeaway is that a Bitcoin retirement strategy is not about choosing a single asset. Instead, it involves combining exposure, income and growth based on an investor’s risk tolerance, time horizon and financial goals.

Image: Shutterstock

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Strategy CEO Calls Morgan Stanley ETF A “Monster Bitcoin” Bet

Phong Le, President and CEO of Strategy, the world’s first and largest Bitcoin treasury firm, said Morgan Stanley’s proposed bitcoin ETF could unlock as much as $160 billion in demand under a modest portfolio allocation scenario.

“Morgan Stanley Wealth Management oversees about $8 trillion in AUM and recommends 0–4% bitcoin allocation,” Le wrote on X. “A 2% allocation would represent $160 billion, about three times the size of IBIT. MSBT: Monster Bitcoin.”

In other words, Le is saying that even a modest 2% bitcoin allocation across Morgan Stanley’s $8 trillion wealth platform could drive about $160 billion into bitcoin, far exceeding the size of existing ETFs…

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Morgan Stanley’s Bitcoin ETF Sets MSBT Ticker As BTC Tests $70,000 Support

The MSBT Filing Details

The filing discloses a basket size of 10,000 shares and an initial seed of 50,000 shares expected to raise about $1 million. 

Morgan Stanley bought two shares early this month for audit purposes.

BNY Mellon will handle the fund’s cash and administrative functions, while Coinbase (NASDAQ:COIN) will serve as prime broker and custodian of its Bitcoin holdings.

The amendment signals progress but does not guarantee approval. If approved, the Morgan Stanley ETF would let investors get exposure to Bitcoin without owning it, joining 11 other spot ETFs including BlackRock’s IBIT that have been active since January 2024.

The Wall Street Push Into Crypto

Morgan Stanley’s…

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Bitcoin Does What It Did In Past Bear Markets, Analyst Warns: New Lows Ahead?

Bitcoin (CRYPTO: BTC) is hovering near $70,000 amid ETF outflows and weak sentiment, with one analyst warning the current pattern may mirror past bear markets.

Short-Term Rally Or Deeper Drop?

In a Mar. 20 podcast, crypto analyst Benjamin Cowen said Bitcoin appears to be following a familiar cycle seen in 2014, 2018 and 2022.

He described a recurring pattern in which Bitcoin bottoms in February, rallies into March and then weakens, often leading to another leg lower.

While a short-term move toward the 21-week exponential moving average is possible, Cowen said further downside remains the more likely outcome.

He pointed to 2014 as a key comparison, when Bitcoin formed multiple lows throughout…

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Here’s The Key Level To Watch To Tell BTC’s Next Move

Bitcoin (CRYPTO: BTC) is back at $70,000 on weakening bullish momentum, setting up a key test for its next move.

Bitcoin’s Key Levels In Focus

Prominent analyst Trader Mayne on Friday said rising geopolitical tensions and the aftermath of recent Federal Reserve policy decisions are driving volatility across crypto markets.

He noted that macro conditions remain critical.

Higher energy prices can tighten financial conditions, while central bank policy continues to influence liquidity, both key drivers of capital flows into Bitcoin.

From a technical perspective, Bitcoin is at a pivotal point. After a failed breakout attempt, the return to its previous range suggests fading bullish strength.

Benzinga

Ripple Survey Shows 70% See Digital Assets As Necessary—But XRP Trades Sideways

The Digital Asset Necessity

Ripple’s survey reveals digital assets are no longer a fringe experiment—they’re becoming a core part of how banks, asset managers, fintechs, and corporates plan to move money, store value, and manage risk.

Stablecoins emerged as the most compelling use case, with 74% of leaders saying stablecoins can improve cash-flow efficiency and unlock working capital. 

This highlights their growing appeal as treasury tools beyond just payment rails.

Fintechs are leading adoption, with 31% using stablecoins to collect payments for customers and 29% accepting stablecoins directly.

Meanwhile, 47% of fintechs want to build their own digital asset solutions rather than rely…

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Bitcoin Price Holds $70,000 As War-Driven Inflation Fear Rises

Bitcoin price held near the $70,000 level today as geopolitical risks tied to the conflict involving Iran shifted and macro expectations weighed on broader risk markets, while derivatives data and on-chain metrics pointed to a market in consolidation rather than capitulation.

The bitcoin price hovered around $70,500 in early Friday trading, following a pullback from a recent high near $76,000. 

The move came as energy markets surged and inflation concerns returned to the forefront, limiting upside across risk assets. Despite the pressure, Bitcoin price has shown relative stability compared with commodities and equities during the same period.

Research from VanEck frames the current…

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Bitcoin Defends $70,000 As Ethereum, XRP, Dogecoin Test Support In Jittery Market

Bitcoin trades around $70,000 as Bitcoin ETFs saw $90.2 million in net outflows on Thursday, while Ethereum ETFs reported $136.4 million in net outflows.  

Meme coin market capitalization dropped around 3% over the past 24 hours to $33.4 billion.

Trader Commentary: Crypto trader Jelle said Bitcoin is retesting the $70,000 level from below, making it a key decision point. A failure to reclaim it could allow bearish momentum to take control.

He added that significant liquidity remains below current prices, raising the likelihood of a downside sweep before any sustained move higher.

Ted Pillows noted Ethereum bounced from the $2,100 support zone, but the recovery lacks strong spot demand….

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