Bitcoin swung up and down—as usual—over the last week, and while things were looking up midweek, familiar inflation fears helped sink the price by the time Friday rolled around.
The coin's price was recently at $82,480 per coin, according to CoinGecko, after hitting a nearly three-week high of $88,474 on Monday. As of this writing, Bitcoin is now down by almost 2% on the week.
Bitcoin's dip came after the U.S. Commerce Department reported Friday that the core Personal Consumption Expenditures Price Index, or PCE, was up 0.4% in February—its largest monthly increase in over a year.
Traders are still hesitant with risk-assets like Bitcoin and stocks (which also dropped Friday) as persistent inflation and President Trump's trade war continue to unsettle the markets. Still, it was an interesting week for Bitcoin.
ETF action
American Bitcoin ETFs took in new investor cash each day from Monday through Thursday, Farside Investors data shows—but finally showed red on Friday amid the broader markets shock.
Even so, the week's total inflows ended up in the green at approximately $196.4 million. It may not sound like much, but after massive outflows last month, it looks like crypto investors are seeing Bitcoin's current price—24% below its January all-time high—as a buying opportunity.
Has the Bitcoin Market Bottomed? Experts Weigh In
How low could Bitcoin go? To quote Berkshire Hathaway Chairman and CEO Warren Buffett: “I don’t believe anybody knows what the market is going to do tomorrow.” Still, investors have been searching for answers since Bitcoin’s price started dipping after U.S. President Donald Trump’s inauguration. Amid twists and turns in his trade policy, Bitcoin’s price hit $77,000 two weeks ago, according to the crypto data provider CoinGecko. Even though the asset's price was changing hands around $88,000 on...
GameStop hungry for orange coin
Video game retailer and popular meme stock GameStop updated its Investment Policy on Tuesday to inform investors that it would add "certain cryptocurrencies, including Bitcoin" to its balance sheet.
The firm then said Wednesday that it would follow in the footsteps of Strategy (formerly MicroStrategy) and raise money from investors in the form of debt to buy the asset. GameStop aims to raise $1.3 billion to aid in its Bitcoin acquisition goal.
An announcement regarding Bitcoin pic.twitter.com/gG8JRarIok
— GameStop (@gamestop) March 25, 2025
GameStop first made headlines in 2021 when amateur traders started buying its moribund stock and pumping its price—leading to the meme stock phenomenon.
It's now trying to strengthen its books by buying "digital gold." But while the price of GME stock rose on the initial news this week, it's since plunged following word of the raise, as GameStop investors don't seem too keen on raising money for the ploy.
Public Keys: GameStop Wants Bitcoin, Miners Face Shrinkage, Robinhood Gets a Time Out
Public Keys is a weekly roundup from Decrypt that tracks the key publicly traded crypto companies. This week: GameStop makes a big splash with its Bitcoin announcement, then fumbles with a debt offering; BTC miners are in for a world of hurt as fees shrink; and Robinhood gets a New Jersey slap on the wrist for its prediction market debut. GameStop presses play on Bitcoin There was a lot of excitement for GameStop’s Q4 earnings report because it was heavily hinted—and then confirmed—that the comp...
Miners hit Florida
Bitcoiners arrived in Fort Lauderdale this week for the world's biggest mining conference: Mining Disrupt.
Engineers from the top manufacturing companies and vendors pushed a narrative that miners should be dipping their toes into the world of AI data centers to raise their game as BTC's price dips and difficulty continues to climb.
Bitcoin Miners See Opportunity in AI, but Also Face Challenges
As Bitcoin mining grows more competitive and challenging, industry leaders are looking to cash in on AI data centers—but it’s no easy feat. At the Mining Disrupt conference in Fort Lauderdale, Florida this week, leading miners said navigating the shift to AI requires skill and care. “In the long-term, [AI] is a big trend,” Paul Li, CEO of mining technology provider Fog Hashing, said during a talk. “We cannot miss that. You [miners] need to go far this year, as the demand for compute power AI c...
Decrypt was there to see if it really was as simple as that, and also learned that small businesses are tempted to start the trade in their backyard—but not by mining BTC: DOGE ASICs are still hot, apparently.
Brazil to buy Bitcoin?
The world's richest country may be keen on stacking sats via a strategic reserve—but will the move inspire other nation states?
In short, it looks like it: Brazil, the second biggest economy in the America's and biggest in Latin America, might be doing so soon.
Pedro Giocondo Guerra, a bigwig in leftist President Inácio Lula da Silva's administration, said that buying and holding Bitcoin would be "in the (country’s) public interest."
Bitcoin Reserve ‘Crucial’ for Brazil's Prosperity: Lula Administration
A high-ranking official in Brazilian President Luiz Inácio Lula da Silva's administration declared Tuesday that a potential strategic Bitcoin reserve would be "determinant for our prosperity" and "in the (country’s) public interest." Pedro Giocondo Guerra, chief of staff to Vice President Geraldo Alckmin, made the remarks while officially representing the federal government at a congressional ceremony. Debating the establishment of a sovereign bitcoin reserve rigorously is a matter of public int...
Guerra, who is chief of staff to Vice President Geraldo Alckmin, made the comment at a congressional ceremony.
Brazil has a huge crypto market—the biggest in South America—and the Brazilian real was the worst-performing major currency last year. Politicians could be seeing an opportunity.
Trump video debunked
Here's a fun one to end the week: An obviously doctored video of President Trump started making the rounds on Facebook and Crypto Twitter, showing him cracking out the Bitcoin whitepaper in the Oval Office.
No, Trump Didn’t Unveil the Bitcoin Whitepaper in the Oval Office
A poorly rendered fake video of Donald Trump revealing the Bitcoin whitepaper in the Oval Office, replacing the Declaration of Independence with Satoshi Nakamoto’s manifesto, has gone viral across social media platforms this week. In the doctored clip, Trump theatrically pulls back drapes to unveil a framed copy of Bitcoin: A Peer-to-Peer Electronic Cash System as Fox News host Laura Ingraham looks on. “You think Joe Biden would do this? I don’t think so,” Trump says, grinning. “...Do you think...
Of course, it wasn't real—but it riled up some Bitcoin supporters. And while Trump has recently embraced Bitcoin and cryptocurrency, he's hardly a longtime aficionado, having previously been a skeptic who called it a "scam" and said he was "not a fan" of Bitcoin.
Edited by Andrew Hayward
