Crypto market Today – March 5, 2025: Bitcoin and ethereum lead gains, Aave surges, top gainers and losers revealed
March 5, 2025
What is the current bitcoin price Today?
Bitcoin (BTC) climbed 1.9%, reaching $88,465, marking a steady recovery from recent pullbacks. Despite this surge, BTC remains 23% below its January 2025 peak of $109,000. The trading volume stood at $42.6 billion, reflecting strong investor activity.
How did Ethereum and other Altcoins perform?
Ethereum (ETH) saw a 3.66% increase, trading at $2,173.40. Other major cryptocurrencies like Solana (SOL) and Ripple (XRP) followed suit, with SOL up 3.55% to $142.29 and XRP rising 5.12% to $2.44.
Which cryptocurrencies are the top gainers Today?
Several altcoins outperformed the market with significant gains:
- Aave (AAVE) surged 22.06% to $213.03, making it the top gainer.
- Cardano (ADA) increased by 14.71%, reaching $0.9308.
- Bitcoin Cash (BCH) rose 13.37%, hitting $346.09.
Which cryptos faced declines Today?
While most cryptocurrencies gained, some digital assets experienced losses:
- Fantom (FTM) dropped 10.54% to $0.6346.
- Axelar (AXL) declined 9.89%, trading at $2.18.
- Worldcoin (WLD) fell 9.47%, pricing at $7.25.
What impact did recent political announcements have?
A major factor influencing today’s crypto market is Donald Trump’s announcement of a strategic U.S. cryptocurrency reserve. This move included Bitcoin, Ethereum, XRP, Solana, and Cardano, leading to an 11% jump in BTC’s price to $94,164, and Ethereum rising 13% to $2,516.
What is the market capitalization and trading volume Today?
The global cryptocurrency market capitalization grew 4.08%, reaching $2.86 trillion. However, overall trading volume declined by 19.73%, standing at $148.18 billion. The Crypto Fear & Greed Index remains in the fear zone at 25, indicating cautious sentiment.
What’s next for the crypto market?
Market analysts are divided on Bitcoin’s future:
- Bullish predictions suggest BTC could surpass $120,000 by mid-2025, driven by institutional adoption.
- Cautious analysts expect BTC to retrace to $85,000 due to potential options contract expirations.
The crypto market on March 5, 2025, saw strong performance in Bitcoin, Ethereum, and AAVE, while some altcoins declined. With geopolitical influences and evolving trends, the coming weeks remain crucial for traders.
FAQs:
What is the latest Bitcoin price today?
Bitcoin is trading at $88,465, marking a 1.9% increase from previous levels.
Which is the top-performing cryptocurrency today?
Aave (AAVE) surged 22.06%, making it the top gainer in the crypto market.
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