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Coinbase News: Bitcoin Rebounds to $88k Amid Market Volatility and Tariff-Induced Price Swings

Coinbase News: Bitcoin Rebounds to $88k Amid Market Volatility and Tariff-Induced Price Swings

Published:
2025-03-05 10:43:08
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In a volatile market impacted by global tariffs, Bitcoin has made a significant rebound. Here’s a closer look at the developments in the cryptocurrency space.

Bitcoin Rebounds to $88k Amid Market Volatility

Bitcoin rebounded to $88k as the Bitcoin Volmex Implied Volatility 30-Day Index extended its four-day green streak, reflecting heightened price swings due to President Donald Trump’s tariffs unsettling global markets. BTC rose 3% to $87,972, pushing the total crypto market capitalization back above $3 trillion. Altcoins such as XRP, SOL, and ADA also posted modest recoveries. Publicly traded Bitcoin holders, including Coinbase and Strategy, saw gains. However, it remains uncertain whether Bitcoin will surpass $90,000 as momentum had faded by the time of publishing.

White House Crypto Summit on March 7: Coinbase CEO Confirmed

The White House is preparing for its inaugural Crypto Summit on March 7. The event will bring together some of the biggest names in the cryptocurrency industry and government, with President Donald Trump headlining. The summit will be a roundtable discussion featuring key figures like CEOs, investors, and members of the Presidential Working Group on Digital Assets (PWG). The guest list will include approximately 20-25 attendees, with industry leaders such as MicroStrategy CEO Michael Saylor confirmed to participate.

How Developers Are Solving AI’s Financial Limitations with Blockchain

As artificial intelligence continues to evolve, its integration with blockchain technology and robotics could open new possibilities for automation and finance. One of the limitations of AI, and by extension robots, is their inability to manage transactions autonomously. To address this, developers are now integrating AI with blockchain infrastructure, allowing AI agents to transact securely, manage digital assets, and execute smart contracts. At ETH Denver 2025, Decrypt spoke with industry experts from the Coinbase Developer Platform, AI and robotics developers OpenMind and Robonomics to explore how AI-powered humanoid robots and other systems leverage blockchain to function as independent economic agents.

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