Table of Contents:
Bitcoin Price Surges Amid Tariff Comments and ETF Inflows
Bitcoin prices experienced a significant rise following comments from President Donald Trump regarding the administration's tariff strategy. On Monday afternoon, Bitcoin traded above $88,500, marking an increase from its late Friday level of approximately $84,000. Ethereum also saw gains, climbing to $2,090 from $1,960 over the same period.
Investor's Business Daily reported that the cryptocurrency market's positive momentum was further supported by a rebound in ETF inflows. Analysts have noted that Bitcoin faces a critical resistance level at $86,700, with potential to reach $90,000 if this level is surpassed. Despite these gains, some experts warn of a possible drop to $73,000 in the near future.
"The Fed’s policy orientation could help Bitcoin achieve $110k before it retests $76.5k," stated Arthur Hayes, co-founder of BitMEX.
Source: Investor's Business Daily
Cryptocurrency | Price (March 24, 2025) | Change |
---|---|---|
Bitcoin | $88,500 | +5.36% |
Ethereum | $2,090 | +6.63% |
Key Takeaway: Bitcoin and Ethereum prices surged following tariff-related comments and ETF inflow rebounds, with Bitcoin trading above $88,500.
Altcoins Rally Alongside Bitcoin
According to Crypto Times, Bitcoin's bullish momentum has positively impacted the broader cryptocurrency market. Bitcoin traded near $87,300, up 3.5% in the past 24 hours, with a trading volume of $20.79 billion. Ethereum also attempted to break the $2,100 mark, while altcoins like Solana (SOL) surged over 6.5%, trading near $140.
Other notable gainers included XRP, ADA, and DOGE, which rose by 3%, 3%, and 4%, respectively. Meanwhile, tokens like Sonic and Render saw gains of 15%, while Wormhole and Kava were among the top losers, dropping 16% and 7%, respectively.
Top Gainers | Percentage Increase |
---|---|
Sonic | +15% |
Render | +15% |
Avalanche | +12% |
Key Takeaway: Altcoins like Solana and XRP followed Bitcoin's upward trend, with significant gains across the market.
Market Confidence Grows Despite Economic Concerns
Punch Newspapers highlighted that Bitcoin reached approximately $87,480, a 3.71% increase, while Ethereum climbed 4.05% to $2,093. The overall cryptocurrency market capitalization rose by 2.94% to $2.84 trillion. Solana emerged as a standout performer, surging over 7% to trade above $139, supported by increased adoption and institutional interest.
Despite looming concerns over U.S. tariffs and key economic data releases, investor confidence in the crypto sector remains strong. Analysts suggest that Bitcoin's next resistance level is $86,700, with potential to reach $90,000.
Source: Punch Newspapers
Key Takeaway: The cryptocurrency market continues to show resilience, with Bitcoin and Solana leading gains amid strong investor confidence.
Sources:
- Bitcoin Price Rises After Tariff Comments, ETF Inflows Rebound
- Bitcoin, XRP Price Head Higher Today. Why Positive News for Stocks Is Helping Cryptos.
- Bitcoin price rises but odds suggest it may have already peaked this year
- Crypto Price Today (March 24, 2025): Bitcoin Surges Above $87k; XRP, SOL & Other Altcoins Pumps
- Bitcoin hits $87 as crypto prices rise
- Crypto price today: Bitcoin rebounds to $88k before cooling off; Altcoins show mixed trends
- Ethereum faces ‘midlife crisis’ as rivals play catch-up
- Fidelity Prepares to Tokenize Its US Treasury Fund on Ethereum
- Ethereum down 57% from its all-time high, but it’s still worth more than Toyota
- Whales Abruptly Deposit Ethereum Altcoin to Binance and OKX, Causing Price To Plummet 50%: On-Chain Data
- Pro: Ethereum, Solana key to crypto reserve
- Ethereum Price Forecast: ETH risks further decline as transaction fees drop to all-time lows
- Binance Announces Delisting of 5 Altcoins: AERGO, AST, BURGER, COMBO and LINA
- XRP, Solana lead altcoin ETP inflows as Ethereum slumps — CoinShares
- 4 Bulletproof Altcoins That Will Withstand Trump’s Trade Wars and Deliver 2,500% to 7,500% Returns in 2025
- Tariff Easing Fuels Altcoin Rally: Solana, DOGE, And ADA Shine While Bitcoin Stalls
- XRP Price Prediction: How Much Could $1,000 In Ripple (XRP) and Remittix (RTX) Turn Into In 5 Years?
- Bitcoin Price Prediction 2025: Technical Analysis and Geopolitical Impacts on BTC USD
- XRP Predicted to Spike with BTC Price Movements
- Bitcoin Nears $90K as Economic Factors Help the Crypto Market
- Best Meme Coin to Buy Now – Danjo Capital Master Reviews BTC Bull Presale
- Bitcoin Is The Ultimate Opportunity, Robert Kiyosaki Says
- Wormhole (W) Gains 21.5%, Trading Volume Nears $700M: What's Fueling the W Price Pump?
- ETH Supply on Centralized Exchangea Hits 9-Year Low of 8.97M Tokens
- Ethereum Price Hits $2,100! Will ETH Break Its Barrier Of $2.2k?
- US Ether ETFs Suffer Longest Outflow Streak as Token Lags Rivals
- Ethereum (ETH) Price Prediction & Analysis: Move Soon to Trigger Previous ATH?
- Biolytic (Allt, Ex-Alterbeast, Etc.) Release "Identity Fractures"
- Value per Security
- Business Monday ETC: March 24, 2025
- Cast Set for The Second City e.t.c.'s 49th Revue, Celebrating 65 Years
- Nicole Asselborn
- (ETC) Stock Evaluation Report (ETC:CA)
- Rs 3.4 lakh crore hit to market cap! Adani group stocks plunge up to 48% so far in FY25
- Market cap jumps Rs 35 lakh crore in March: Here are top-performing sectors after a five-month lull
- Palantir Market Cap Surges Over $50 Billion In 2025: Won't Be A 'Seller,' Says Analyst As He Foresees PLTR As An AI Play
- 3 Promising UK Penny Stocks With Over £80M Market Cap
- Software maker SAP unseats Novo Nordisk as Europe's largest company
- Bio Protocol price today, BIO to USD live price, marketcap and chart