On Saturday, March 15, 2025, the crypto market showed signs of significant recovery after experiencing pressure in recent weeks. The majority of crypto assets moved into the green zone, reflecting positive sentiment among investors.
Price Movement of Bitcoin and Major Cryptos
According to data from CoinMarketCap, Bitcoin (BTC) experienced a 3.59% increase in the last 24 hours, although it is still down 3.18% over the week. Currently, BTC is trading at USD 83,988.09 or equivalent to IDR 1.372 billion (assuming an exchange rate of IDR 16,350 per US dollar). Ethereum (ETH) also rose 2.58% in the last 24 hours, although it is still corrected by 10.66% over the week, with a current price of IDR 31.24 million per coin. Binance Coin (BNB) increased by 1.35% in a day, but is still down 1.14% over the week, priced at IDR 9.60 million per coin.
Cardano (ADA) surged 5.13% in a day, although it is still down 9.60% over the week, with a current price of IDR 12,087 per coin. Solana (SOL) experienced a significant increase of 8.18% in a day, but is still down 4.20% over the week, trading at IDR 2.18 million per coin. XRP rose 4.68% in a day, but is still corrected by 1.04% over the week, priced at IDR 38,422 per coin. Dogecoin (DOGE) also strengthened 4.06% in a day, although it is still down 13.24% over the week, priced at IDR 2,800 per token.
Crypto Market Capitalization
The global crypto market capitalization currently stands at USD 2.74 trillion or around IDR 44,841 trillion, increasing by approximately 3.34% in the last 24 hours. This increase reflects the return of investor interest in digital assets after a period of volatility.
Bitcoin Price Prediction
Meanwhile, bold predictions come from Mike Alfred, a crypto industry expert, who estimates that the price of Bitcoin will reach $180,000 by March 21, 2025. Alfred stated that the first quarter of 2025 will be a crucial period for Bitcoin, especially leading up to the Bitcoin halving event, which typically triggers significant price increases.
Conclusion
The recovery of crypto asset prices on March 15, 2025, indicates positive sentiment in the market, with many major assets experiencing significant increases. Nevertheless, market volatility remains high, and investors are advised to continue monitoring current developments and conduct thorough research before making investment decisions.