Charan Sai Reddy M
@charan
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Latest Crypto News – March 5, 2025
Bitcoin Recovery: BTC is up 3.83%, reaching $86,940.46, after a market dip. The crypto market cap is at $2.86T, but trading volumes are down 19.73%. The Fear & Greed Index remains at 25 ("fear").
Market Rebound: After a sharp drop on March 4 (BTC -9.48%, ETH -13.91%), the market is stabilizing, with AAVE leading gains.
Trump’s Crypto Summit (March 7): The White House will discuss crypto regulation and U.S. Strategic Crypto Reserve, including BTC, ETH, XRP, SOL, and ADA.
Regulatory Updates: The U.S. Senate repealed an IRS DeFi reporting rule. A stablecoin bill vote is expected between March 10-14.
Market Volatility: Over $1B in liquidations followed Trump’s tariff announcements, but the market is showing resilience.
Upcoming Events: The SEC will hold a crypto roundtable on March 21 to discuss market stability and digital asset integration.
BTC’s path to $100K by mid-2025 depends on institutional interest, regulations, and Fed rate cuts. Stay tuned for updates. 0 reply
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