Bitcoin’s 27% slide raises prospects for rebound, aligns with historical cycle patterns.

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	Forwarded this email? Subscribe here for more Bitcoin pullback could be set up for $370k bull run price target Bitcoin’s 27% slide raises prospects for rebound, aligns with historical cycle patterns. CryptoSlate Feb 28   READ IN APP   Happy Friday! In today's CryptoSlate newsletter, we highlight key developments shaping the cryptocurrency landscape. Bitcoin’s recent 27% pullback has sparked speculation of a historic rally, with analysts eyeing a $370,000 bull run target based on past cycle patterns. In Texas, lawmakers are advancing a bill to establish a Bitcoin reserve, signaling growing state-level adoption of crypto assets. Meanwhile, Bitcoin’s steep decline is being driven by short-term holders and high-frequency traders, adding to market volatility. Lastly, the SEC has clarified that memecoins are not securities but cautions against fraud risks. Stay informed with today’s top crypto stories! LATEST SLATECAST 🎙️ AuthLN’s Mike Siers on harnessing Bitcoin’s lightning network to revolutionize cybersecurity 🚀Are you a Web3 marketer? Join our new Web3 Marketing Insights channel here  https://t.me/cryptoslate_web3. We’ll be sharing tips, strategies, and special announcements to help web3 marketers level up their game. The global crypto market cap is $2.77 trillion, with a 24-hour volume of $184.13 billion. The price of Bitcoin is $83,614.33, and BTC market dominance is 59.9%. The price of Ethereum is $2,208.04, and ETH market dominance is 9.6%. The best-performing sector is Art, which gained 14%. The Crypto Fear & Greed Index is currently Extreme Fear (16). Bitcoin pullback could be set up for $370k bull run price target Bitcoin’s 27% slide raises prospects for rebound, aligns with historical cycle patterns. 📰 Top News Texas Senate Banking Committee greenlights Bitcoin reserve bill for floor voting Texas moves closer to establishing a cryptocurrency reserve, joining a growing list of states seeking to diversify financial assets. Bitcoin’s steep decline fueled by short-term holders High-frequency traders and day traders rile Bitcoin market as prices plummet. SEC declares memecoins are not securities in landmark staff statement SEC's clarification links memecoins to entertainment, not securities but warns against potential fraud. 🗞️ More News Bitcoin’s dip below $80k and crypto market turmoil as $1 trillion in unrealized profit vanishes Thorchain faces developer exodus amid North Korean money laundering scandal US Congressman pushes MEME Act to ban officials potentially profiting from memecoins Revolut faces investor pressure for share sale before $1B profit report Cybercriminals ditch Bitcoin for stablecoins as illicit trades potentially surpassed $51 billion in 2024 – Chainalysis Questions? Get in touch with us here. Connect with us Telegram • Twitter • LinkedIn • YouTube • Instagram   Like Comment Restack   © 2025 Zenzio Incorporated 11010 Harbor Hill Dr NW, STE B405, Gig Harbor, WA 98332 Unsubscribe