Market Update

Is BTC still the best encryption for its use after the last price drop?

Bitcoin dramatic prices have left that many investors are wondering about his throne as the property of encrypted currencies. After reaching the peak of the eye calming $ 109225 in January 2025, Bitcoin fell more than 20 %, and was briefly tested for $ 76700 in March. As of March 13, 2025, signs of life appear at 83,169 dollars – but are still far from the days of its glory in early 2025. Is this just another stumbling block on the way, or should encryption fans search elsewhere?

The amazing height of bitcoin in early 2025

Bitcoin was launched in 2025 with an explosive momentum, highly riding on the opening of the second presidential Donald Trump’s term and the expectations of friendly policies. number Platforms that accept digital payments It has expanded significantly, with main retailers, payment processors and even some government services that now adopt bitcoin transactions. This growing adoption, along with an unprecedented institutional interest, pushed digital gold to the peak January 20 of $ 109225. The celebration was short, as market dynamics soon turned towards the correction area.

Correction of the market and security concerns

By February, cracks began to appear as Bitcoin fell to 92,500 dollarsWith investors achieving profits amid increasing concerns about American commercial policies. The situation deteriorated quickly, as Bitcoin officially entered the bear market on February 25, where it decreased to less than $ 86,000. This coincided with a shocking rank of $ 1.6 billion in a period of 24 hours-a clear sign that market morale has turned significantly.

The pain intensified when the infiltrators stole $ 1.4 billion from the main encrypted currency exchange on February 28, sending shocks in the market and pushing bitcoin to 83,500 dollars. March only reduced a little relief with prices dropping to less than 80,000 dollars, eventually tested $ 76,700 on March 11 – its lowest point since November 2024.

ETHEREUM (ETH) at the level of making or breaking

While Bitcoin is struggling to restore her feet, Ethereum offers an attractive alternative to encryption investors. With the maximum market for $ 230.75 billion, Ethereum at the level of making or breaking In its development course. Unlike Bitcoin Limited functions, ETHEREUM calms smart contracts, NFTS, and decentralized applications while moving to a more efficient energy system. These technological advantages give ETHEREUM a process that exceeds the storage of value, and possibly put it better for future Blockchain applications.

Predicting the price of Dogecoin

It was created as a joke, and Dogecoin has evolved into a dangerous competitor with the maximum market of $ 23.97 billion. Its loyal community and its increasing acceptance contributed as a means of paying its amazing flexibility in the volatile encryption market.

Dogecoin price movements It may still be affected by the interest of social media and the support of celebrities instead of the basics. Its unlimited supply contrasts sharply with 21 million coins crowned by Bitcoin, which represents opportunities and challenges to keep the value in the long run.

Is Bitcoin still king?

Despite recent conflicts, Bitcoin maintains advantages While identifying the brand that is unparalleled, network effects, and confidence created more than 15 years. It is placed by the fixed supply cover in its position as a hedge against inflation, while the prevailing acceptance grows through the traded investment funds and the adoption of business.
The seven Bitcoin transactions in the second make it practical for daily use, and open alternative opportunities such as Litecoin, Solana and Ripple. Bitcoin is currently trading at $ 83,169, which is less than its peak value and can serve as a favorable opportunity for investors with a long -term perspective.

https://www.tronweekly.com/wp-content/uploads/2025/03/unnamed-2025-03-18T141138.358.jpg

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button