Bitcoin Down To $83,000 As The Market Takes A Dip
Image Source: Pixabay
This Week’s Summary
- The cryptocurrency market looks set to end the week at a total market capitalization of around $2.69 trillion.
- Bitcoin dropped to around $83,000 after a 2% decrease.
- Ethereum moved down by over 9% to trade at around $1,800.
- XRP moved down by 10%, Solana by 6%, and Dogecoin by 1%.
- Almost all altcoins have been seen trading in the red, with very few exceptions.
- The DeFi sector increased the total value of protocols (TVL) to around $94 billion.
Crypto Trends for the Week of March 24-30, 2025: Market Analysis and Performance
The cryptocurrency market has been reeling after another disappointing week. Most cryptocurrencies have lost their recent, hard-earned gains, and the overall sentiment has remained negative. Meanwhile, the market capitalization decreased by over $90 billion, reaching $2.69 trillion.
Bitcoin has lost 2% in value since last Sunday. The king of cryptocurrencies started the week on a high, reaching nearly $89,000 at one point. However, starting Friday, it failed to maintain momentum and went down a slippery slope. BTC has dropped to around $83,000 after another disheartening trading period.
Ethereum struggled to stay in the green for over a week before returning to its usual habits. Following a nearly 10% drop, the second crypto in command once again declined below the $2,000 level. Given its poor recent form, it is difficult to envision a positive trajectory for ETH anytime soon.
Altcoins & DeFi
Most altcoins have been trading in the red, with almost no exceptions. For example, XRP moved down by 10%, Solana by 6%, Cardano by 5%, TRON by 2%, Chainlink by 5%, BNB by 3%, Stellar by 4%, and Avalanche by 1%. Toncoin was among the few climbers this week, as it showcased a decent 4% increase.
The memecoins have not been faring any better, either. For instance, Dogecoin moved down by 3%, Shiba Inu by 2%, and Pepecoin by 2%.
The Metaverse sector also witnessed some notable movements over the past week. For instance, Axie Infinity fell down by 13%, Decentraland by 8%, Stacks by 3%, The Sandbox by 4%, MultiversX by 11%, and Floki by 8%. Only Render was seen riding high on a 7% value boost.
The DeFi sector increased the total value in locked protocols (TVL) by nearly $4 billion to reach around $94.12 billion.
What’s in the News?
- GameStop announced a plan to raise $1.3 billion in Bitcoin to build significant cryptocurrency reserves.
- Ripple’s recent lawsuit win against the SEC could lead to the launch of XRP ETFs in the United States.
Next Week’s Crypto Market Forecast
The cryptocurrency market seems to be far from an investor’s paradise nowadays. As most cryptocurrency assets have failed to perform regularly, many new investors have kept their distance. Hopefully, the trend will reverse starting next week, and many cryptocurrencies will return to trading in the green.
About the Author
Born and raised in Romania and currently living in Spain, Iulian discovered a knack for writing from a tender age, and even won some minor awards for fiction that didn't pay much.
Iulian became a content writer in 2011, and he is still doing it to some degree of success today. He is currently specialized in cryptocurrencies, technology, online marketing, and social media. In his free time, Iulian likes reading, traveling, and watching sports. His dream is to see Bitcoin reach $100,000, just so he can tell his friends “I told you so.”
More By This Author:
Ethereum Reclaims Realized Price – Bulls Face Strong Resistance At $2,300Bitcoin Rally To $95K? Market Greed Suggests It’s Possible
Bitcoin And Altcoins Improve As Ripple Wins Lawsuit With SEC
Disclaimer: The information provided by Block Adventure SRL or Crypto Adventure (“we,” “us,” or “our”) on more