BTC and the crypto market's second stage to the downside is about to take stage.
As of March 29, 2025, the cryptocurrency market is experiencing notable volatility. Bitcoin (BTC) has declined by approximately 2.5% over the past 24 hours, trading around $85,291. This represents a decrease of nearly 9% since January when it peaked above $100,000.
The broader cryptocurrency market mirrors Bitcoin's downturn. Ethereum (ETH) has seen a 5.6% decline over the past 24 hours, while Solana (SOL) and XRP have fallen by 4.6% and 5.1%, respectively.
Recent developments, such as President Donald Trump's announcement of harsher-than-expected car tariffs, have contributed to market uncertainty. While the administration has signalled a pro-crypto stance, including plans to establish a strategic cryptocurrency reserve, these initiatives have yet to stabilize market fluctuations.
As of March 29, 2025, the cryptocurrency market is experiencing notable volatility. Bitcoin (BTC) has declined by approximately 2.5% over the past 24 hours, trading around $85,291. This represents a decrease of nearly 9% since January when it peaked above $100,000.
The broader cryptocurrency market mirrors Bitcoin's downturn. Ethereum (ETH) has seen a 5.6% decline over the past 24 hours, while Solana (SOL) and XRP have fallen by 4.6% and 5.1%, respectively.
Recent developments, such as President Donald Trump's announcement of harsher-than-expected car tariffs, have contributed to market uncertainty. While the administration has signalled a pro-crypto stance, including plans to establish a strategic cryptocurrency reserve, these initiatives have yet to stabilize market fluctuations.
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