24/7 Cryptocurrency News
BTC Touches $95K Low, Altcoins Show Mixed Actions
Crypto prices on Saturday have again encountered severe volatility, keeping traders and investors cautious. Bitcoin (BTC) price briefly slumped to a $95K low, whereas Ethereum (ETH) and Solana (SOL) traded in the red territory. However, XRP managed to pump roughly 1%, preventing further downside momentum. Besides, even the meme coins sector mirrored a slumping movement.
Let’s take a closer look at some of the most trending coins for the day and the latest market updates that have impacted prices.
Crypto Prices Today: ‘Market Blues’ This Week As BTC & Alts Mainly Down
Despite Donald Trump announcing a pause on new tariffs for Mexico and Canada, the crypto market is yet to recover from its slump. Some traders and investors are even bearish over future movements, as the tariffs pause is only for 30 days. Given that the market fails to recover by March’s beginning, another wave of volatility could kick in as the new tariffs are to resume. Meanwhile, this week has been alarming for the broader cryptocurrency sector as a whole.
BTC Price Hits $95K Low
BTC price dipped nearly 1% in the past 24 hours and is currently trading at $96,663. However, it’s noteworthy that the flagship coin’s intraday low and high levels were $95K and $100K, respectively. Nevertheless, Bitcoin’s dominance stayed up by 0.09%, reaching 60.94%.
Meanwhile, in the latest developments surrounding this crypto, the U.S. state of Maryland has recently unveiled a legislative proposal to establish a Bitcoin reserve fund for the state.
Bitcoin saw liquidations worth $73.02 million in the past 24 hours, per Coinglass data.
Ethereum Price Slips
ETH price dropped nearly 3% in the past 24 hours and is currently trading at $2,643. The coin’s intraday low and high were $2,564.97 and $2,798.03, respectively. Notably, the current waning movement falls in line with the broader market trend.
In the latest developments surrounding the crypto, the U.S. SEC has delayed its decision on BlackRock’s Ethereum ETF options trading proposal. ETH recorded liquidations worth $64.83 million in the past 24 hours.
XRP Price Jumps
However, XRP price jumped slightly over 1% intraday and is currently trading at $2.38. The coin’s 24-hour bottom and high were $2.28 and $2.53, respectively.
Ripple’s coin soars alongside positive news for the community as a new XRP DR (Depository Receipt) product is set to go live in the U.S.
Solana Price Fluxes
SOL price witnessed a rollercoaster ride in the past 24 hours, trading at $193 as of press time, down marginally by 0.1%. The coin’s 24-hour bottom and peak were $188.48 and $203.15, respectively. Notably, Solana recorded liquidations worth $11.26 million in the past 24 hours.
Meme Crypto Prices Today
Dogecoin (DOGE) saw a 2% drop in value and is currently trading at $0.247. Simultaneously, even PEPE and TRUMP prices tanked 3-5%, reaching $0.000009089 and $16.46, respectively. However, Shiba Inu (SHIB) price witnessed a nearly 1% jump in value to $0.00001517.
Top Crypto Gainers Prices Today
Flare (FLR)
Price: $0.02196
24-hour Gains: +9%
Onyxcoin (XCN)
Price: $0.0279
24-hour Gains: +6.5%
Maker (MKR)
Price: $948.28
24-hour Gains: +5%
Top Crypto Loser Prices Today
Berachain (BERA)
Price: $6.86
24-Hour Loss: -15%
Movement (MOVE)
Price: $0.5412
24-Hour Loss: -12%
LidoDAO (LDO)
Price: $1.54
24-Hour Loss: -10%
The broader market trends remain poised to significantly impact prices ahead. Apart from Donald Trump’s tariffs resuming in 30 days, another aspect has caused volatility. Renowned crypto analyst Ali Martinez revealed that over $15 billion in tokens were unlocked last month. Moreover, another $3 billion is set for this month, whereas the following month will see $9 billion between March & April. This phenomenon could further present altcoins’ prices with volatility.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
Solana price has gained by a strong 6% in the last 24 hours moving to $135 amid the optimism surrounding the launch of futures Solana ETF by Volatility Shares on Thursday. As a result, traders have charged in with daily trading volumes for SOL surging by 61% to more than $3.57 billion.
Solana Price Action Draws Trader Interest, Is Bottom In?
Today’s Solana price action happens along with significant trader interest in the altcoin. Popular crypto analyst Ali Martinez pointed out that the Solana futures open interest has shot up to $2.7 billion, the levels last seen in October 2024. This shows a renewed interest in the Solana derivatives market while signaling growing participation from investors and traders alike.
After hitting the highs of around $270 in November 2024, the Solana price corrected more than 50% from the top in just the last four months. However, market analysts believe that SOL is showing signs of a bottom formation, and could reverse its trajectory from here onwards.
As shown in the below image, the Solana price has broken out of the converging triangle pattern. As a result, the immediate target on the upside could be in the range of $150-$180. Once the bulls successfully cross this range, we can see another leg of the rally to %260 and beyond.
Tuesday’s FOMC meeting saw the Federal Reserve keeping interest rates unchanged at 4.5%, which is the expected line. Bitcoin and the broader crypto market took this as a positive indicator with investors showing strength. The current SOL price prediction by analysts suggests that the bullish sentiment is once again picking up with the hope of an altcoin market revival.
Solana ETFs Go Live Today
In a major development for the crypto community, Florida-based investment giant Volatility Shares will bring the first-ever futures Solana ETFs to the US market. This marks the stepping stone for getting the spot ETF products into the market in the future. This is the same trajectory that was followed to bring spot Bitcoin ETF and spot Solana ETF to the market.
Volatility Shares LLC will introduce two Solana Futures ETFs with tickers – SOLZ and SOLT. Here, the standard Solana ETF (SOLZ) will directly track Solana futures, while the leveraged Solana ETF (SOLT) will provide investors with double the exposure to Solana price movements.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
Tron’s native cryptocurrency TRX is up by 7% today after founder Justin Sun announced plans to double down on building the meme ecosystem on the blockchain. this announcement was enough to push the Tron price higher with daily trading volumes surging 62% to more than $1.23 billion. Over the last two days. TRX has seen a sharp recovery of 15%, bouncing back from the support of $0.21.
Tron Price Rally to $1 Coming?
As Justin Sun prepares for the comeback of the meme coin ecosystem on the Tron blockchain network, analysts are predicting a Tron price rally to $1 and above. Popular crypto analyst Javon Marks has projected a bullish outlook for TRON (TRX) stating that the altcoin is preparing to hit its logarithmic-measured breakout target at $1.11.
Marks highlighted that TRON price trajectory suggests significant potential for gains, with an estimated 516% upside from current levels required to reach the predicted target. Last week Justin Sun also stated that TRX will hit new all-time highs very soon.
On the other hand, social analytics platform LunarCrush stated that the social and market activity on the Tron blockchain network has surged significantly following the TRX price surge. Tron now accounts for 1.05% of all crypto-related discussions, reflecting heightened community interest. TRON’s robust metrics highlight its growing prominence as both investors and the community focus on its upward momentum.
Tron DAO Meme Coin Frenzy Heating Up
Tron’s meme token ecosystem is experiencing a resurgence, fueled by confidence from Justin Sun, founder of the Tron blockchain. Yesterday alone, 122 new tokens were launched on the SunPump.meme platform, marking the first time in four months that daily launches exceeded 100.
To date, 95,573 tokens have been created, generating 36,374,191 $TRX in fees, equivalent to $5.74 million. Furthermore, the activity on the TRON DAO continues to soar, signaling a strong and growing interest in Tron’s meme token ecosystem.
Commenting on this development, Justin Sun wrote: The first rule of making memes on Tron: I will not personally profit a single cent from memes. Any losses will be fully covered by myself, and all proceeds will be donated.
Getting TRX to Solana
In another announcement, Justin Sun revealed plans to bring TRX, Tron’s native cryptocurrency, to Solana’s blockchain in the coming weeks. Although the announcement lacked specific details or a definitive timeline, it has sparked excitement among both TRX and Solana communities.
Bhushan Akolkar
Bhushan is a FinTech enthusiast with a keen understanding of financial markets. His interest in economics and finance has led him to focus on emerging Blockchain technology and cryptocurrency markets. He is committed to continuous learning and stays motivated by sharing the knowledge he acquires. In his free time, Bhushan enjoys reading thriller fiction novels and occasionally explores his culinary skills.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
Executive Director of the Presidential Working Group on Digital Assets Bo Hines has issued a timeline for stablecoin regulation in the US. Hines is predicting a two-month window for legislators to wrap up existing bills for final assent by the President.
Bo Hines Eyes Stablecoin Legislation In The Coming Weeks
American journalist Eleanor Terrett disclosed that Bo Hines has his eyes on May as a tentative date for stablecoin legislation in the US. Hines stated in a panel discussion that stablecoin legislation can be on President Trump’s desk within two months.
The Executive Director shared his predictions at the Digital Asset Summit 2025 in New York. Hines reiterated the government’s stance on digital currencies, particularly stablecoins while reeling out his projection for a possible rollout.
Barring any eventualities, Hines expects President Trump to sign a stablecoin regulation into law in two months. The most plausible bill is Senator Bill Hagerty’s Guiding and Establishing National Innovation for US Stablecoins Act (GENIUS Act).
At the moment, the US Senate Banking Committee has approved the GENIUS Act, setting it up for a full vote on the floor of the House. Experts are tipping the bill to scale through the legislative process citing bipartisan support and the scope of its provision.
The bill will also have to pass through the House of Representatives before final assent by the US President.
Stablecoin Issuers Are Angling For Top Spot In The US
Currently, stablecoin issuers are jostling for places as the US turns its sights toward the industry. US Treasury Secretary Scott Bessent noted that the US is keen on exploring stablecoins to maintain the dollar’s position as the global reserve currency.
“We will keep the US the dominant reserve currency and use stablecoins to do that,” remarked Bessent.
Given the changing stance, experts are tapping XRP’s RLUSD to lead America’s stablecoin charge. On the other hand, Circle is positioning USDC to become the stablecoin of choice by the government. Tether CEO Paulo Ardoino has also indicated a keen interest in playing an increased role in America’s stablecoin ambition.
The OCC has since announced that US banks can dabble in stablecoin transactions as global banks launch stablecoins to get skin in the game.
Aliyu Pokima
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
Source link
Tether’s US treasury holdings surpass Canada, Taiwan, ranks 7th globally
Here’s Where Support & Resistance Lies For Solana, Based On On-Chain Data
President Trump To Address The Digital Assets Summit Tomorrow
Analyst Says Bitcoin Primed for ‘Party Time’ if BTC Breaks Above Critical Level, Updates Outlook on Chainlink
Binance adds a new EUR market tier to its fiat liquidity provider program
Authorities Target Crypto Scammers Posing as Binance in Australia
Why Is Solana Price Up 6% Today?
Ripple CEO Confident of XRP Being Included in U.S. Strategic Reserve, Says IPO is 'Possible'
Bitnomial drops SEC lawsuit ahead of XRP futures launch in the US
Bitcoin Long-Term Holder Net Position Turns Green For The First Time In 2025
BIGGER THAN ORDINALS. MORE THAN ART
Leading Shiba Inu Rival Flashing Bullish Signals Hinting at Price Reversal, According to Santiment
Binance’s USDT pair with Turkish lira sees largest amplitude since 2024 after key Erdogan rival detained
Treasury Expands Financial Surveillance of Cash Transactions—What About Crypto?
Bitcoin Price Eyes 90K rally at Blackrock-led ETFs Buy $512M BTC 3-Days before US Fed Decision
24/7 Cryptocurrency News4 months agoArthur Hayes, Murad’s Prediction For Meme Coins, AI & DeFi Coins For 2025
Bitcoin2 months agoExpert Sees Bitcoin Dipping To $50K While Bullish Signs Persist
24/7 Cryptocurrency News2 months agoAptos Leverages Chainlink To Enhance Scalability and Data Access
Bitcoin4 months agoBitcoin Could Rally to $80,000 on the Eve of US Elections
Altcoins2 months agoSonic Now ‘Golden Standard’ of Layer-2s After Scaling Transactions to 16,000+ per Second, Says Andre Cronje
Bitcoin4 months agoInstitutional Investors Go All In on Crypto as 57% Plan to Boost Allocations as Bull Run Heats Up, Sygnum Survey Reveals
Opinion5 months agoCrypto’s Big Trump Gamble Is Risky
Price analysis4 months agoRipple-SEC Case Ends, But These 3 Rivals Could Jump 500x
✓ Share: