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- 🚨 Big Crypto Headlines – What’s Shaking the Crypto Market Right Now?
🚨 Big Crypto Headlines – What’s Shaking the Crypto Market Right Now?
CoinGape Media
March 28, 2025
News
The US Personal Consumption Expenditures (PCE) inflation numbers for February have been released, showing a steady trend in headline inflation but a slight uptick in core inflation. Bitcoin and altcoins have extended losses further from earlier today as BTC slips under $85,000, while Ethereum (ETH) tanks 7% slipping under $1,900. Current trend shows that investors could expect strong volatility over the weekend.
The Securities and Exchange Commission’s (SEC) decision to drop lawsuits against several major crypto players has left the Ripple case as a notable exception. Recently, the US SEC dismissed litigations against Kraken, Cumberland, and Consensys, sparking curiosity about the status of the XRP lawsuit. Fox Business journalist Eleanor Terrett took to X to share insights on the possible reasons behind the SEC’s delay in the Ripple case. Let’s take a closer look at the Ripple case and the SEC’s decision to exclude the platform while dropping lawsuits against other crypto companies.
Markets
Crypto prices are down today, March 28, with Bitcoin falling below $85,000. The declining BTC price has also caused Ethereum, XRP, and Dogecoin to trend lower amid a massive selloff from spot traders. Moreover, concerns about Trump tariffs and today’s inflation data release are contributing to the heightened market anxiety.
Bitcoin price has crashed below $85,000, and one prominent day trader warns that ot may crash below $70,000 soon. In addition to its bearish technicals, Bitcoin is contending with low whale demand and macro headwinds ahead of Donald Trump’s Liberation Day next week.