Situation in the crypto market.

in OCD7 hours ago

As of March 9, 2025, the cryptocurrency market is showing a downward trend. The total market capitalization has decreased by 3.05% in the past 24 hours, reaching $2.84 trillion. (binance.com)

Key cryptocurrencies are showing the following figures:
• Bitcoin (BTC): The price is $83,643.47, down 3.02% from the previous day. (crypto.ru)
• Ethereum (ETH): Current price is $2,118.99, a 2.66% decline over the last 24 hours.
• Binance Coin (BNB): Trading at $572.89, down 4.23%.
• Cardano (ADA): The price is $0.769362, a 6.34% drop.
• XRP: The current price is $2.22, which is 5.53% lower than the previous day.

Recent events, such as the cyberattack on the Bybit exchange in February 2025, have impacted investor confidence and led to capital outflows from the market. (zakon.kz)

Analysts predict that for Bitcoin to resume growth, it needs to return to the $97,000 level within the next 3–4 days. Otherwise, further declines to $70,000 and $55,000 are possible. (rbc.ru)