Bitcoin News: Price Drops to $85K Support Amid Market Volatility; MicroStrategy Launches New Instruments for Bitcoin Accumulation

In a turbulent market influenced by economic and regulatory uncertainties, Bitcoin’s price experiences a significant drop, while MicroStrategy introduces new instruments aimed at raising capital for Bitcoin accumulation.

Bitcoin Price Retreats to $85K Support

On March 28, 2025, Bitcoin’s price dropped to around US$85,000 after failing to test the $90,000 resistance level. The 2.5% decrease puts the crucial $85,000 support level at risk. This volatility may be due to economic and regulatory uncertainties, indicating a cautious market. Investors are carefully evaluating their next steps while monitoring market conditions.

MicroStrategy’s New Instruments STRK & STRF Raise Capital for Bitcoin Accumulation

MicroStrategy (MSTR), known for its aggressive Bitcoin accumulation strategy, recently deployed new instruments STRK and STRF. These offerings raised over $1.27 billion in capital for the company, despite the cooldown in its NAV premium and BTC prices. MSTR previously traded at a 3.4x premium to NAV but has now cooled down to a 1.9x premium. Saylor’s ambition and determination remain clear as MicroStrategy continues to extend its Bitcoin yield machine.

Exit Gensler, Enter Paul Atkins: Crypto Market’s Big Reset Hangs on Vote

The crypto market, valued at $2.3 trillion as of March 2025, is on the brink of a significant shift. Bitcoin (BTC), having fallen from its $109,000 peak, highlights a sector in dire need of a reboot. Paul Atkins, President Trump’s nominee for SEC chair, aims to replace Gary Gensler with a more lenient approach, promising freedom for a market desperate for clarity. As his Senate hearing approaches on March 27, 2025, Atkins’s $5 million crypto fund and connections to FTX spark heated debate about whether he will unlock growth or unleash chaos. Atkins, a former SEC commissioner, intends to ditch Gensler’s strict rules, which led to 46 enforcement actions against crypto firms in 2023 alone. He advocates for simpler regulations to spur innovation.

CESUR Mining: USA Regulated Cloud Mining Platform for Daily Earnings

Cryptocurrency mining has evolved, and with cloud mining, there’s no need for costly hardware or technical expertise. CESUR Mining, a secure, AI-based platform, simplifies Bitcoin mining and allows users to start without investing any money. Since 2018, CESUR Mining has been a trusted service, providing features and advantages that make it suitable for profiting from crypto mining.

Trump Pardons BitMEX Co-Founders Including Bitcoin Billionaire Arthur Hayes

Three co-founders of cryptocurrency exchange BitMEX—Arthur Hayes, Benjamin Delo, and Samuel Reed—were pardoned by President Trump on Friday, according to a report from CNBC. All three founders pled guilty in 2022 to violations of the Bank Secrecy Act for failing to operate an anti-money laundering program at the cryptocurrency exchange. Each founder also agreed to pay a $10 million fine to settle the charges. This story is breaking and may be updated with additional details.