INSUBCONTINENT EXCLUSIVE:
The cryptocurrency market faced notable turbulence on March 7, 2025, as Bitcoin ETFs recorded significant outflows and altcoins exhibited
mixed trends.According to CoinCodex, the total market cap dropped 1.82% to $2.87 trillion, with Bitcoin leading the decline
as institutional investors pulled back
muted activity to uncertainty surrounding U.S
regulatory developments and macroeconomic concerns.Ethereum fared slightly better but still declined by 1.57%, trading at $2,142
Its trading volume rose 5% to 1.2 million ETH, driven by continued interest in DeFi and NFTs
On-chain data showed a 2% increase in Ethereum active addresses, contrasting with a 3% decline for Bitcoin.Altcoins presented a mixed
XRP initially surged 19% to $2.70 amid speculation over potential ETF approvals but later corrected to $2.35
Solana suffered a steep weekly loss of 20%, trading at $139, as FTX-linked unstaking events weighed on sentiment.Cardano stood out with a
remarkable 43% rally, driven by technical breakouts and increased retail demand
Meanwhile, Litecoin rebounded 1.8% overnight to $105, supported by bullish forecasts predicting further gains.Technical indicators painted a
cautious outlook for Bitcoin and Ethereum
BTC faced resistance at $92,812 and support at $84,678, while its RSI of 48 suggested neutral conditions
Ethereum showed slightly more bullish momentum with an RSI of 55 but remained below key resistance levels.Market observers pointed to the
await clarity from upcoming regulatory discussions, the divergence between Bitcoin and altcoins highlights shifting market dynamics and
evolving investor preferences.The global crypto market cap fell 1.7% to $2.98T, with Bitcoin dominance holding at 61%
Bitcoin spot ETFs recorded $409M in net outflows on March 7, extending a five-day withdrawal streak, while ETH ETFs saw $10M outflows.Risk
tariff policies and weaker jobs dataBTC liquidations totaling $1.67B during the weekCrypto Market Turmoil: Volatility Spikes Amid Regulatory
(Photo Internet reproduction)Bitcoin (BTC)Price: Dropped 5% weekly to $86,384 (as of March 8 AM GMT), down from $89,485 the previous day.ETF
firm, with support tested at $84,678.MACD death crosses and RSI oversold signals suggested bearish momentum.Analysts flagged a potential
breakdown below $78,837 unless buying pressure resumes.Ethereum (ETH)Price: Fell 2.7% to $2,138.21, underperforming due to declining network
fees and TVL.Volume: $17.8B daily trading volume, below its 50-day average.Technical Outlook:Struggling below the 50-day moving average
($2,809), with next support at $2,000.XRPPrice: Corrected to $2.35 after a 19% surge to $2.70 on March 7.Catalysts:Initial rally driven by
ETF speculation and spike in active addresses (+620%).Resistance at $2.70 remains key; a breakout could target $3.Sentiment: Citadel
Recovered 1.8% overnight to $105.28, but remains 18% below March highs.Analysis: Changelly predicts a potential 19% rally to $126 by
mid-March if buying pressure sustains.Altcoin HighlightsCardano (ADA): Surged 43% on March 7 amid breakout speculation, though gains pared
slightly overnight.HBAR: +20.8% weekly, outperforming due to institutional partnership news.SUI: Bullish sentiment from World Liberty
excluded taxpayer-funded purchases, dashing hopes for fresh demand.ETF Outflows: Sustained withdrawals signaled institutional caution ahead
elevated.Technical OutlookBTC: A close above $87,837 could signal recovery; failure risks drop to $75,605.ETH: Needs to reclaim $2,300 to
