- By Aditya Pratap Singh
- Tue, 18 Mar 2025 09:21 AM (IST)
- Source:JND
Cryptocurrency Market: The cryptocurrency market remained steady in the past 24 hours, taking a minor hit of around 0.5% amid less volatility in heavyweights like Bitcoin, Ethereum, Tether, and others. When writing, the global crypto market cap was at $2.72T, falling 0.45% from the previous day. Overall, the total crypto market volume was $72.59B, scoring around 11 over the last 24 hours.
The total volume in DeFi was $6.69B, a contribution of 9.21% to the 24-hour volume of the total crypto market. The total trading volume for all stablecoins was now $68.92B, putting up 94.94% of the 24-hour volume of the total crypto market. Bitcoin had 60.81% of the total trading volume.
"Bitcoin continues to trade in a tight range with low volume. With no divergence playing out with its RSI, it is likely to be rangebound for another 2-3 days before breaking either side. To reclaim bullishness, Bitcoin must take out $86,500 and subsequently make a play towards $90,000. On the positive side, Bitcoin spot ETFs saw $232 million in inflows yesterday, marking the first triple-digit inflow this month," said Vikram Subburaj, CEO, of Giottus Crypto Platform.
"The total crypto market cap is hovering around $2.7 trillion while OTHERS, total crypto excluding top 10 crypto assets, have retraced most of their gains since Nov 2024 when Trump's euphoria hit the markets. Bitcoin dominance is strong above 61.5%," he added.
Major Cryptocurrencies Prices Today
Bitcoin Price Today: The world's most valued crypto declined over 0.6 per cent over the day. At the time of writing, the Bitcoin price was at $83,122.82, which fell 0.65% in the last 24 hours. Meanwhile, the 24-hour low and high value range of Bitcoin was $82,492.15-$84,725.33. Meanwhile trading volume for the crypto surged over 5% to 24.16B.
Ethereum Price Today: Ethereum has been trading kind of flat for the past 2 days. At the time of writing, it was trading at $1,902, down 0.35 in 24 hours. Meanwhile, its 24-hours trading volume soared over 5.5% to $10.37B and the trading range was between $1,880.48-$1,951.63.
Tether Price Today: Tether's 24-hour trading volume soared nearly 9% to reach $56.09B, however, the cryptocurrency was trading flat at $0.9998 at the time of writing.
