Gate News Report: On March 7, BTC dropped below $67,000, declining 1.18% within the day.

Gate News bot message, Gate market display, BTC drops below 67,000 USDT, current price 66,997.2 USDT.

The cryptocurrency sentiment analysis platform Santiment reports that whales are selling heavily during BTC price increases, while retail investors are increasing their holdings. Historical data shows that retail buying and whale selling at this time often indicate that the market may continue to pull back, and prices could decline.

Gate News Report, March 7th, BTC broke through the $68,000 mark, down 0.72% for the day.

Rumble disclosed in its latest financial report that it holds 210.82 Bitcoins and $237.9 million in cash, with liquidity reaching $256.4 million. Tether will pay it $100 million in advertising fees and provide up to $150 million in GPU service procurement commitments to strengthen AI infrastructure collaboration.

Gate News Announcement, March 7th, Nasdaq-listed Bitcoin mining company Bitdeer released the latest Bitcoin holdings data on the X platform. As of the week ending March 6th, Bitdeer maintained a zero Bitcoin holding status. This week, its Bitcoin mining output was 163.1 BTC, and it sold 163.1 BTC during the same period.

Gate News Report, March 7 — According to on-chain data analyst Yu Yan monitoring, whale address 0x65b4 bought ETH 10 hours ago, spending 12.5 million USDC to acquire 6,228 ETH, with an average price of $2,007. This address previously spent 32.58 million USDC to buy ETH and BTC after the market declined on October 11 last year, then sold in November, incurring a loss of $830,000.

This week, the cryptocurrency industry received positive news from Wall Street, but Bitcoin's price fell from $74,000 to $69,000, with a market cap evaporating approximately $110 billion. The strength of the US dollar and macroeconomic factors are putting pressure on risk assets. Short-term holders are taking profits, increasing selling pressure, but the US spot Bitcoin ETF recorded net inflows, indicating an improvement in the funding environment.

Gate News Report, March 7th, Arkham monitoring shows that approximately 10 hours ago, Grayscale transferred 1628 ETH (worth $3.29 million) and 264.974 BTC (worth $18.31 million) to a certain CEX address.

Gate News bot message, Gate market display, BTC drops below 68,000 USDT, current price 67,985.2 USDT.