Cryptocurrency Price on March 25: Bitcoin surpasses $67,400; Ethereum, Solana jump up to 7%
Synopsis
After a brief decline, cryptocurrency markets rebounded strongly on Monday, with Bitcoin, Ethereum, BNB, and Solana leading the charge in trading gains.
"Bitcoin recovered from a brief dip, rising from $64,000 to over $67,500. Bitcoin surpassed its recent resistance level, with the next resistance at $68,116 and the next support at $62,005," said Edul Patel, CEO of Mudrex.
The bitcoin rally has cooled slightly in recent days, along with other riskier assets, after a series of U.S. data releases that suggested the Federal Reserve may not cut interest rates this year as much as previously expected.
Other popular altcoins such as BNB (6.2%), XRP (2.4%), Solana (7.3%), Cardano (3.4%), Avalanche (5.4%), Dogecoin (2.3%), Shiba Inu (0.5%), and Toncoin (6.4%) surged.
The total crypto market volume over the last 24 hours is $77.42 billion, which makes an 8.24% increase. The total volume in DeFi is currently $7.58 billion, 9.79% of the total crypto market 24-hour volume. The volume of all stablecoins is now $68.15 billion, which is 88.03% of the total crypto market 24-hour volume, as per data available on CoinMarketCap.
In the last 24 hours, the market cap of Bitcoin, the world's largest cryptocurrency, rose to $1.328 trillion. Bitcoin's dominance is currently 51.71%, according to CoinMarketCap. BTC volume in the last 24 hours rose 25.3% to $29.2 billion.
Stocks Recommendations
Coming to the price action, among the top 100 cryptos by market cap, here are the best and worst-performing cryptos over the last 24 hours:
Top crypto gainers:
1. Ondo is up by 30%
2. Dogwifhat is up by 23%
4. Aioz Network is up by 16%
5. Lido DAO is up by 13%
Top crypto losers:
1. Monero is down by 0.71%
2. Tron is down by 0.69%
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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