Over the weekend, the cryptocurrency market saw heightened bearishness, with Bitcoin’s price pulling back sharply and dropping below $70,000. With the BTC price shifting toward a downward trend, the percentage of supply held at a loss has surged, reaching a crucial level.
Bitcoin spent the weekend mostly within a familiar price channel, then slipped lower before recovering as traders reacted to the developing impact of the Iran war. However, while real-world macro events now dictate Bitcoin's movements more than fundamentals or adoption levels, where on the chart it stops to test the waters has not changed.
March 9, 2026, 4:29 pmInstitutional investors just bought an overall total of $619 million in Bitcoin and crypto assets in one week, according to a new update from CoinShares. The outflows came despite significant late-week outflows.
March 9, 2026, 4:23 pm
Crypto exchange-traded funds (ETFs) delivered a mixed but largely positive performance during the week of March 2–6. Bitcoin, ether, and solana funds finished with net inflows, while XRP ETFs ended the week slightly in the red. Bitcoin, Ether ETFs Post Weekly Gains as XRP Slips Institutional capital flowed in waves across crypto ETFs this week.
Following an initial pullback, bitcoin rose toward $70,000 as oil volatility and a stronger U.S.
Michael Saylor declared the start of a “second century,” following the firm’s 100th Bitcoin purchase last month.
Crypto funds saw $619M weekly inflow as oil spikes triggered late outflows, with experts split on whether Bitcoin can withstand macro pressure.
Bitcoin and other crypto coins are rising as oil's surge cools, Polymarket and Kalshi are reportedly raising at massive valuations, and more.
The final 1 million BTC will take over a century to mine, with the last fractions, measured in satoshis, expected to be issued around 2140.
Strategy is rapidly expanding its bitcoin treasury, deploying nearly $1.3 billion raised through equity sales to accumulate more BTC while tightening its capital markets machinery—deepening one of the most aggressive corporate accumulation strategies in global markets. Strategy Buys 17,994 Bitcoin Between March 2–8 as Treasury Nears 739K BTC Strategy Inc.
Wider market fear and uncertainty are not conducive to risk-taking investor sentiment.
The purchase brings Strategy’s total Bitcoin reserves to nearly 739,000 BTC despite the asset trading below the company’s average acquisition price.
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