- By Aditya Pratap Singh
- Wed, 26 Mar 2025 10:17 AM (IST)
- Source:JND
Cryptocurrency market Today: The crypto market remained almost flat in last 24 houra as the global crypto market cap surged 0.84% to $2.86T, within the time frame. The stability in the Cryptocurrency market was backed by less volatality in the prices of heavyweights like Bitcoin and Ethereum. Bitcoin, the world largest cryptocurrency showed stability to trade over $87,000 mark, while Ethereum mainatened it value above $2,000.
The total volume of the crypto market was $75.51B in the last 24 hours, decreasing 11.87%. Meanwhile, the total volume in DeFi was around $5.37B, contributing 7.12% of the total volume of the cryptocurrency market in 24 hours. At the same time, stablecoins contributed 94.42% or $71.3B of the total crypto market 24-hour volume. Bitcoin’s remained the market leader in terms of volume, dominating 60.56% of the total volume.
"Bitcoin has stabilized above $87,000 with strong support at lower levels. Market sentiment has been boosted by the Gamestop board's approval of adding Bitcoin to its reserves. The Fear & Greed Index has climbed to 47 today - towards neutral territory," said Vikram Subburaj, CEO, of Giottus Crypto Platform.
"The altcoin market showed a gradual uptick with Avalanche, Sui and Dogecoin posting 4-6% gains while Ethereum remained steady," Vikram added.
Bitcoin, Ethereum, Dogecoin, Solana and Pi Network Price Update
Bitcoin, and Ethereum remained kind of stable over a day, with Bitcoin surging 0.9% in 24 hours to trade at $87,269.45, while Ethereum was at $2,052.68, up 0.35% in the time same time frame. Meanwhile, a decent rally was seen in Solana and Dogecoin, solana surged over 2.5% and was trading at $142.30 at the time of writing and Dogecoin was trading at $0.1910, up 4.55%. Meanwhile, the Pi network coin struggled to gain momentum in a sort of positive crypto market. It was trading at $0.8241, plunged over 10.8% in 24 hours.
Shivam Thakral, CEO of BuyUcoin said, " In the last 24 hours, Bitcoin has surged past the impressive $87K mark, showcasing robust demand and renewed investor interest. This rally reflects a broader positive sentiment in the cryptocurrency market, as Ethereum maintains a steady price of $2053, demonstrating resilience despite ongoing market volatility. The stability of Ethereum is pivotal, as it underlines investor confidence even amidst declining trading volumes. This dynamic is likely to foster a more optimistic outlook for the crypto space, with analysts suggesting potential for further growth as institutional interest continues to build."