INSUBCONTINENT EXCLUSIVE:
The cryptocurrency market continues to show mixed signals this morning as major coins experience varying price movements amid ongoing trade
tensions and institutional outflows.Bitcoin is currently trading at $82,497, down 0.72% in the last 24 hours, while Ethereum shows modest
gains at $1,896.65, up 0.49%
The crypto market experienced significant turbulence over the past 48 hours.Bitcoin dropped 6.5% from $87,870 on March 15 to a low of
$82,164 by midnight on March 16, before rebounding slightly to current levels
PerformanceBitcoin (BTC): Currently trading at $82,497, down 0.72% with $9.69B in trading volumeEthereum (ETH): Trading at $1,896.65, up
0.49% with $3.19B in volumeXRP: Currently at $2.27, down 2.87% with $1.04B in volumeSolana (SOL): Trading at $123.96, down 2.82% with
$299.4M in volumeLitecoin (LTC): At $89.29, down 3.14% with $13.12M in volumeBNB: Trading at $632.43, up 0.54% with $28.27M in volumeCrypto
(Photo Internet reproduction)Detailed Price AnalysisBitcoin (BTC): Currently in a consolidation phase after experiencing a 13% drop from its
all-time high of $109,000
Technical indicators suggest significant support at $80,000-$82,000, with analysts warning that breaking below this range could have severe
The network has also seen significant expansion in real-world asset tokenization, which could serve as a fundamental strength despite price
pressure.BNB: Demonstrated exceptional performance yesterday with a 5.2% daily increase and 14.3% weekly gain, reaching $626.71
This rally is potentially fueled by rumors of a business deal between Trump and Binance US.Solana (SOL): Was the only top-10 cryptocurrency
showing decline yesterday, trading at $127.09 with a 1.2% daily decrease, despite a 2.2% increase in weekly value.Notable
strong momentumAAVE: +2.71%, outperforming most DeFi tokensMANA: +2.65%, gaining against the broader market trendLINK: +2.53%, showing
resilience amid market pressureSignificant UnderperformersSHIB: -4.45%, experiencing the sharpest decline among major tokensLTC: -3.14%,
recent positive developmentsKey Market DriversMacroeconomic CatalystsThe market has stabilized somewhat following lower-than-expected
This cooling inflation typically benefits risk assets as investor confidence improves and market liquidity increases.Political
resulted in a 3.4% decline in Bitcoin prices at that time
futures open interest has increased, suggesting renewed market interest despite prevailing uncertainties.ETF Outflows ContinueCrypto
investment products have marked their 17th straight day of outflows, the longest negative streak since records began in 2015
Last week alone, Bitcoin and Ethereum ETFs saw outflows exceeding $1.2 billion, with total withdrawals from crypto products reaching $1.7
The consistent outflows have reduced the total assets under management for digital asset investment products by $48 billion.Trade War
ImpactMarket sentiment continues to be heavily influenced by escalating trade tensions
On March 16, Mexico finalized additional tariffs on $10 billion of U.S
significant $380 million liquidation event on March 16, with $320 million from long positions as Bitcoin fell below $83,000.Positive
Ecosystem DevelopmentsDespite price pressures, significant ecosystem developments continue to unfold:Solana ETF Futures: CME Group confirmed
gains on March 17 (5.2% daily increase and 14.3% weekly gain), potentially fueled by rumors of a business deal between Trump and Binance
USTechnical AnalysisBitcoin is currently trading above the crucial $80,000 support level, with the next resistance at $85,000
The breaking of an ascending triangle pattern on February 24 continues to influence price action.If the $80,000 support holds, Bitcoin could
a potential bottom.Market OutlookThe short-term outlook remains cautiously bearish with signs of stabilization
Tariff-related concerns continue to weigh on market sentiment, though late buying activity suggests resilience if key support levels
hold.Macroeconomic factors, particularly the trajectory of the ongoing trade war and global liquidity conditions, will likely determine
near-term market direction
