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Bitcoin trader eyes $78K BTC price retest as US seen delaying reserve

cryptoweekly by cryptoweekly
March 5, 2025
in bitcoin, News
0

US Congressional support for a Bitcoin reserve is lacking, Senator Cynthia Lummis warns as BTC price momentum stalls.

Bitcoin (BTC) retreated from above $90,000 at the March 5 Wall Street open amid mixed signals over the US strategic reserve.

BTC/USD 1-hour chart. Source: Cointelegraph/TradingView

Data from Cointelegraph Markets Pro and TradingView showed whipsaw BTC price action continuing as part of broader risk-asset volatility.

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Recent Posts
  • Apple makes progress toward its first pair of smart glasses: Report
  • AI decentralized apps are coming for the Web3 throne: DappRadar
  • Zerebro dev is reportedly alive and at parents’ house: SF Standard
  • Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple
  • Rumble CEO confirms Tether-collab crypto wallet to launch in Q3
  • US man who sent crypto to ISIS could serve prison till he’s 65
  • Coinbase revenue falls 10% in Q1, missing industry estimate

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