by Reza Ali
Here’s a weekly crypto market recap you need to know about this week’s biggest moves.
Tuesday, March 4: Trump’s Crypto Vision Takes Shape
Reports of President Trump’s crypto reserve plan becoming more realistic surfaced on Tuesday, transforming how the industry proceeded. Trump administration chose BTC along with ETH, SOL, ADA, and XRP for possible inclusion in a US Federal Reserve crypto stockpile.
The news about President Trump’s crypto reserve plan caused a temporary market boost, sending Bitcoin’s price to $87,000 while Ethereum’s reached $2,250. The inclusion news for Solana pushed its price to $142, and Cardano (ADA) and XRP experienced moderate increases of 5%–7%.
The growth of Bitcoin as a strategic asset was reflected in Bitcoin price prediction by Bitwise, which predicted that Bitcoin’s price would reach $200,000 by 2025. Profit-taking activities and macroeconomic factors such as European inflationary pressures caused prices to fall throughout the closing hours. The Bitcoin market finished at $86,000, as expert analysts spotted $78,000 as a crucial support threshold.
Wednesday, March 5: White House Crypto Summit Buzz
During the week, the White House Crypto Summit created strong market speculation about establishing a Strategic Bitcoin Reserve. Trump’s announcement about an automotive tariff postponement caused global market relief, and Bitcoin returned to $90,000 levels by Thursday. Ethereum followed the upward trend, reaching $2,300 during this period, but Solana experienced a decline down to $137 because of market doubts about FTX estate actions.
MetaMask earned favorable feedback from crypto space observers regarding its support for adding BTC and SOL DeFi functions, but market reaction to this news remained comparatively inconspicuous.
Thursday, March 6: Coinbase Revives Security Tokens
Coinbase’s security token vision returned to life on Thursday when the company launched $COIN, its own tokenized stock, along with this development. The initiative sought to merge traditional financial systems with crypto markets to generate improved market opinions. The Bitcoin price surpassed $90,000 due to the European Central Bank’s reduction in interest rates from 2.5%, creating more favorable conditions for risk-taking assets, particularly cryptocurrency. Ethereum’s market value reached $2,350, and Solana maintained its price at $137 during this period.
Analysts began revising short-term predictions. The VanEck analyst Matthew Sigel provided his new BTC forecast, which predicted a Q1 2025 peak before a predicted 30% market correction. Analysts maintained Bitwise’s $200,000 projection because they explained that institutional interest and ETF inflows would drive this prediction.
Friday, March 7: Executive Order and Market Consolidation
According to a Reuters report, Trump carried out a presidential action that ordered the creation of an American Bitcoin reserve and a United States digital asset stockpile. The enforcement of national policy elevated BTC status to a national asset, leading to a peak of $86,434 on Saturday mornings. The price has declined 3.3% since Sunday but has recovered from $78,000 on Tuesdays.
Market players engaged in profit-taking activities, which pushed Ethereum down to $2,107 as it closed before Solana lost 6.2% to trade at $137 after being affected by FTX issues.
The Layer 1 network Berachain started to attract market attention because it might increase next time alternative cryptocurrency market prices surge. Market segmentation emerged during the week because Bitcoin demonstrated stability even though alternative cryptocurrencies stayed behind.
Saturday, March 8: Reflection and Predictions
On March 8, the crypto market shows stabilization following the previous week’s volatility. Bitcoin’s market value stands at $86,434, and analysts predict that $95,000 will serve as the next price barrier to challenge current levels, although Bitcoin sustains a total loss from its $78,000 bottom.
The ongoing market situation reveals Ethereum sustaining itself above $2,100 at $2,178 alongside Solan, defending $137 against FTX-related external events. The asset Hype gained a 0.3% increase to reach $15.78, demonstrating its individual market strength.
Market analysts expect positive future developments, although they maintain a conservative outlook. As Bitwise predicts, BTC will reach $200,000. They require ongoing ETF investments and regulatory approval alongside VanEck’s $180,000 projection, which depends on Q4 market strength.
Wrap-Up: A Week of Resilience and Promise
During this market week, crypto exhibited dual behavior by facing market volatility, which coexisted alongside market resilience. The $3 billion ETF withdrawals combined with the market dip pushed investor patience to its limits, yet Trump’s crypto backup strategy and institutional actions led by Coinbase demonstrated industry evolution.
Bitcoin managed to recover from $78,000 to reach $86,434, which confirmed its reputation as an inflation-proof asset, although Ethereum and Solana demonstrated more volatile price movements. The executive order from Friday established crypto as a strategic national resource and created conditions for further market adoption.
Market dynamics during the upcoming years will depend on the regulatory framework, institutional capital movements, and macroeconomic factors. The experts who surveyed the market believe Bitcoin will return to the six-figure range by the fourth quarter of 2025. The industry faces multiple directions at once because it maintains both volatile and thriving characteristics and uncertain yet unstoppable momentum.
Now, let’s move towards the current crypto market scenario.
Bitcoin Market Turbulence Triggers $1.67 Billion in Liquidations
Bitcoin rose rapidly by 9.9% on Sunday after US President Donald Trump announced the creation of a US Crypto Strategic Reserve, which temporarily caused prices to hit $95,000.
The market delivered rapid corrections after news events caused investors to quickly revert from buying rumors to selling announced information. The market instability caused widespread liquidations that exceeded $812.5 million on Monday, resulting in total losses of $1.67 billion by Friday, based on information provided by Coinglass.
Global geopolitical tensions and changes in stock markets intensified the ongoing market instability. On Tuesday, Bitcoin’s value hit its lowest point at $81,500 but regained strength while investors analyzed Trump’s confrontation with Zelenskyy and US tariff possibilities.
Golden Cross on Bitcoin Chart Signals Potential Bullish Trend
As of March 8, A crossover of the 50-day and 100-day moving averages on Bitcoin daily charts signals trend shifts, according to Ali Martinez, as per technical trader standards. The 50-day average crossing above the 100-day average indicates an upward trend.
The Bitcoin daily chart shows a Golden Cross when the 50-day moving average exceeds the 100-day moving average. This chart pattern indicates future bullish gains because the short-term moving average crosses above the longer-term moving average. Price momentum often strengthens after this occurrence, yet traders should validate its strength by monitoring current trading volume. Other analyses should be used to verify indicator signals since chaotic market conditions can disrupt their accuracy.
Bitcoin Miners Hold Reserves Amid Bullish Market Sentiment
Ali Martinez, a crypto analyst, shared a Bitcoin miner reserve chart on March 8. The chart from CryptoQuant that Ali Martinez presented reveals that Bitcoin miners have maintained total control of their reserves since February 28, 2025. This indicates they are confident in the market and plan to hold or see an upcoming price increase.
The market trend reflects the definition of a “bull run,” which financial sources like Coinbase explain through the bull and bear market phenomena with demand outweighing supply.
Bitcoin Price Analysis As of March 8
Mister Crypto displays a chart revealing Bitcoin’s price movement through red resistance levels in his X post on March 8. However, a green line illustrates support by highlighting the potential upward price direction now that resistance has transformed into support.
This Bitcoin price analysis supports the broader crypto market outlook from early 2025 by showing that, according to observed patterns since 2010, Bitcoin price phases may lead to a positive price increase, as described in financial reports.
A widely known technical trading method involves turning price barriers from resistance levels into support, which can be found in crypto trading resources.
Bitcoin’s technical analysis highlights key resistance, support levels, and crucial indicators shaping its price action. The $88,000 level is a significant psychological barrier, with recent attempts to breach it resulting in pullbacks. Beyond this, $90,000 is a critical resistance point; surpassing it could trigger further bullish momentum. On the support side, Bitcoin is trading just above $85,000, making it an immediate support level. A deeper correction could find additional support at $82,000.
Technical indicators further reinforce the market outlook. Bitcoin remains above the 200-day moving average (MA), signaling a sustained bullish trend. The Relative Strength Index (RSI) is at 68, indicating that while the asset is approaching overbought territory, there is still room for upward movement before a potential reversal. The MACD indicator also supports a bullish perspective, with the MACD line crossing above the signal line. Additionally, the volume profile shows a surge in trading activity, particularly during price rallies, reflecting strong market interest and participation.
There has been a notable increase in whale transactions. On March 8, whale transaction volumes reached 38,720 BTC, a 150% increase from the previous day, signaling heightened confidence among large investors.
Disclaimer: Blockchain News has no association with the content of this post. Investing in cryptocurrencies carries significant risks and is often considered high-risk. This article is not career or financial advice. Please always seek advice from a financial expert before investing.
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