Crypto Market Update – March 8, 2025

As of today, the global cryptocurrency market is experiencing notable fluctuations. The total market capitalization stands at approximately $2.87 trillion, down 2.18% from the previous day.

Top Cryptocurrencies:
	•	Bitcoin ($BTC): $88,006.13, down 0.67%
	•	Ethereum ($ETH): $2,174.22, down 1.32%
	•	$XRP: $2.48, down 3.75%
	•	Tether ($USDT): $0.9998, stable
	•	Binance Coin ($BNB): $600.04, up 1.37%

Market Highlights:
	•	Bitcoin briefly touched $91,093 before dropping to an intraday low of $84,971.
	•	Ethereum struggles to maintain momentum as traders anticipate the upcoming ETF decision.
	•	Regulatory concerns continue to impact investor sentiment, with the U.S. government signaling increased oversight on stablecoins.

With ongoing volatility, investors are advised to stay updated and manage risks carefully.

Source: CoinMarketCap | LiveCoinWatch