Data: Bitcoin price has fallen below $78,000, indicating a significant decline in the market. Investors are advised to exercise caution as the cryptocurrency experiences increased volatility. Stay tuned for further updates on market trends and analysis.

The entire crypto market is down across the board, with BTC falling below $67,000 and ETH dropping nearly 4%.

The recent cryptocurrency market has generally declined, with Bitcoin falling below $67,000 and Ethereum dropping below $2,000. The SocialFi sector led the decline, with many coins experiencing varying degrees of decrease, and only a few like Hyperliquid rising.

Trump Media considers spinning off Truth Social for IPO, accelerating focus on Bitcoin and crypto ETF business

Trump Media & Technology Group is evaluating plans to spin off the social media platform Truth Social to promote its cryptocurrency and fintech strategies. If the deal proceeds, a new company, SpinCo, will be established and listed independently, merging with Texas Ventures III. The company is also accelerating its expansion into fintech and energy sectors, despite market volatility causing financial pressure, with an expected loss of $712.3 million in 2025, but with significant growth in asset size.

Data: In the past 24 hours, the entire network has liquidated $356 million, with long positions liquidated at $243 million and short positions at $113 million.

In the past 24 hours, the total liquidation amount across the entire network reached $356 million, with $243 million in long positions and $113 million in short positions. Bitcoin long liquidations totaled $123 million, and Ethereum long liquidations amounted to $50,067,000. A total of 82,706 people were liquidated, with the largest single liquidation amounting to $13,334,600.

Michael Saylor's 'Turn of the Century' Post Signals Potential Bitcoin Buy; Strategy Raises STRC Dividend to 11.5%

Strategy (formerly MicroStrategy) executive chairman Michael Saylor posted his characteristic "orange dot" Bitcoin chart on social media platform X on March 1, 2026, with the caption "The Turn of the Century," a move historically followed by formal disclosure of additional Bitcoin acquisitions.

The whale "pension-usdt.eth" closed their BTC long position, previously reaching a size of $67 million.

The whale "pension-usdt.eth" closed its long positions after a short-term increase in Bitcoin, earning approximately $460,000. This whale often uses low leverage and short-term strategies, accumulating over $24 million in profits since October last year.

BTC drops below 66,000 USDT

Gate News bot message, Gate market display, BTC drops below 66,000 USDT, current price 65,972.4 USDT.