The cryptocurrency market managed to extend its gains on Wednesday, with Bitcoin (BTC) holding above $87,000.
Solana (SOL) and XRP also showed some recovery.
Reports that the White House is considering a more moderate stance on tariffs have eased concerns over potential economic disruptions, providing support to the market’s upward momentum.
The global cryptocurrency market cap rose to $2.88 trillion, marking a 0.85% increase over the last day.
However, total market volume over the past 24 hours declined by 12.33% to $76.6 billion.
Bitcoin (BTC) price today
Bitcoin traded at $87,454.16, up around 0.53% in the past 24 hours.
The coin’s 24-hour trading range was between $86,346.08 and $88,542.
Bitcoin’s dominance increased by 3.21% over the day, reaching 63.76%.
Bitcoin network economist Timothy Peterson maintains a bullish outlook on BTC, estimating a 75% probability that the asset will move higher from its current levels.
In a March 25 post on X, Peterson highlighted that Bitcoin is trading near the lower bound of its historical range.
Amazingly Bitcoin is tracking right along that lower bound. History repeats.
The way to interpret this chart is there is a 75% chance that Bitcoin will go higher from here, since its at the bottom 25% threshold. There is a 50% chance it will gain 50%+ in the short term.
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He noted that BTC’s position aligns with the bottom 25% threshold, reinforcing the likelihood of an upward rally.
Ethereum (ETH) price today
Ethereum (ETH) price was in the red on Wednesday.
The token was down around 0.5% to trade at $2,054.78.
The intraday low and high were $2,038.64 and $2,084, respectively.
Trading volume for the coin shot up over 22% to $11.5 billion.
Influential cryptocurrency analyst Ali Martinez pointed out Ethereum’s recent breach of the $2,040 level.
He noted that the next significant resistance lies at $2,300, where the pricing bands suggest a strong resistance.
#Ethereum $ETH has reclaimed its realized price at $2,040. The next key hurdle is $2,300, where the pricing bands suggest strong resistance.
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XRP and SOL price today
XRP price was down 0.78%, trading at $2.44 after hitting an intraday high of $2.48.
Ripple announced on Tuesday that it will no longer proceed with its cross-appeal against the US Securities and Exchange Commission (SEC). D
Despite the seemingly positive news, XRP’s price has remained largely unchanged.
Ripple’s chief legal officer, Stuart Alderoty, stated that the SEC will retain $50 million of the original $125 million fine imposed by Judge Analisa Torres, with the remaining amount being returned to Ripple.
Solana (SOL) registered an over 2% surge to $142.77.
Fidelity Investments has filed to launch an exchange-traded fund (ETF) tracking the price of Solana (SOL), according to a Tuesday filing with the SEC.
Cboe Exchange submitted a 19b-4 filing to list the proposed Solana ETF, backed by the $5 trillion asset manager.
Top crypto gainers and losers
Movement (MOVE) led the top gainers with a 29.48% surge in the last 24 hours, reaching $0.5552.
Zcash (ZEC) followed with a 12.69% increase, now trading at $36.15.
SPX6900 (SPX) climbed 7.42% to $0.6395, while Render (RENDER) rose 7.34% to $4.07.
Stacks (STX) rounded out the top gainers, up 7.33% at $0.7341.
Pi (PI) led the top losers with an 11.91% decline in the last 24 hours, now trading at $0.8214.
PancakeSwap (CAKE) followed with a 9.25% drop to $2.47.
Four (FORM) fell 4.73% to $2.37, while Hyperliquid (HYPE) declined 3.09% to $15.97.
Cosmos (ATOM) rounded out the top losers, down 2.70% at $4.83.
Broader crypto price action
USDC (USDC) has increased by 0.01% in the last 24 hours, currently trading at $1.00.
TRON (TRX) has increased by 0.34% over the past day, reaching a price of $0.2272.
Uniswap (UNI) has decreased by 0.92% in the last 24 hours, currently valued at $6.94.
VeChain (VET) has increased by 1.56% over the past day, trading at $0.02655.
Worldcoin (WLD) has increased by 1.53% in the last 24 hours, reaching a price of $0.9328.
Zcash (ZEC): has increased by 12.95% over the past day, currently priced at $36.26.
Trust Wallet Token (TWT) has increased by 0.14% in the last 24 hours, reaching a price of $0.9187.
Zilliqa (ZIL) has increased by 0.44% over the past day, trading at $0.01309.
yearn.finance (YFI) has decreased by 0.73% in the last 24 hours, currently valued at $5,363.11.
Waves (WAVES) has increased by 0.54% over the past day, reaching a price of $1.42.
Verge (XVG) has dipped by 0.71% in the last 24 hours, currently trading at $0.005333.
xMoney (UTK) has gone up by 1.23% over the past day, reaching a price of $0.04005.
Wanchain (WAN) has slid down by 1.16% in the last 24 hours, currently valued at $0.1151.
WazirX (WRX) has surged by 8.28% over the past day, trading at $0.02369.
The post Crypto prices on Mar 26: BTC climbs over $87K, Pi Coin top loser appeared first on Invezz
