"As inflation erodes the dollar’s value over time, price levels that seem unfathomable today may one day be inevitable," one expert says.

BlackRock has added its spot bitcoin ETF IBIT to two of its model portfolios.

Senator Cynthia Lummis buys drinks with cash: ‘I spend dollars and save Bitcoin’

Bitcoin fell roughly 17% in February to around $84,000 — the cryptocurrency's biggest drop over one month since June 2022.

(Bloomberg) -- A week-long rout in Bitcoin deepened amid the recent broader retreat from risky assets in the wake of US President Donald Trump’s tariff threats and crypto sector turmoil, marking a dramatic reality check for one of the most popular Trump trades.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See

Cryptocurrencies have had an incredible run over the past few months, but that's coming to an end as many altcoins are crashing this week. According to data provided by S&P Global Market Intelligence, Solana (CRYPTO: SOL) had dropped 14.5% over the past week as of 4 p.m. ET, Chainlink (CRYPTO: LINK) was down 15.9%, Sui (CRYPTO: SUI) had fallen 14.9%, and Cardano (CRYPTO: ADA) was down 17.4%. President Donald Trump said tariffs on imports from China, Canada, and Mexico could begin next week and more may be coming.

Democratic politicians are calling for restrictions on politicians profiting from the launch or promotion of memecoins.

Elon Musk may be known as one of Dogecoin’s biggest fans, even naming his Department of Government Efficiency after the memecoin. But he doesn’t think everyone should spend a lot of cash on them.

(Bloomberg) -- The US Securities and Exchange Commission has kicked off the new year with a makeover, wiping clean its slate of crypto enforcement actions and turning what was once a hostile landscape for digital assets into a potential haven.Most Read from BloombergCuts to Section 8 Housing Assistance Loom Amid HUD UncertaintyThe Trump Administration Takes Aim at Transportation ResearchShelters Await Billions in Federal Money for Homelessness ProvidersNYC Office Buildings See Resurgence as Inve

The crypto market went into a tailspin over the 24 hours before a sharp recovery midday Friday as investors begin to wonder how healthy the economy is and if the high valuations for risky assets are justified. Despite being sold as a hedge against inflation and the economy, crypto traded like a growth stock, and that's become a headwind in 2025. As of 2:00 p.m. ET, Bitcoin (CRYPTO: BTC) is flat over the previous 24 hours, but it earlier fell over 6% and broke below $80,000; Ethereum (CRYPTO: ETH) is off 4% but was down as much as 9.7% at midday; and Dogecoin (CRYPTO: DOGE) has fallen as much as 12.5% before recovering to a 3.9% loss.