#CryptoMarketWatch
The cryptocurrency market has experienced notable fluctuations recently. Bitcoin (BTC) has declined over 10% since March 6, currently trading around $83,200, testing its 200-day simple moving average.
coindesk.com
Ethereum (ETH) has also seen a downturn, with its price decreasing by approximately 6% over the past 24 hours. Dogecoin (DOGE) has faced a significant drop, losing over 10% in value recently, now trading at approximately $0.17. Solana (SOL) has declined by 29% since the start of 2025, despite a surge in liquidity.
Cointelegraph
Cardano (ADA) has also experienced a decrease, with its price dropping by about 8.8% over the past 24 hours.
These market movements come amid significant developments, including President Donald Trump's executive order to establish a strategic Bitcoin reserve.
AP News
Additionally, the U.S. Treasury has announced plans to acquire various cryptocurrencies as part of this reserve.
reuters.com
Despite these initiatives, macroeconomic concerns, such as ongoing tariff disputes and the Federal Reserve's cautious stance on interest rates, continue to influence the market, contributing to the recent downturn in cryptocurrency prices.
coindesk.com
Investors are advised to monitor these developments closely, as the market remains volatile and sensitive to both policy changes and broader economic indicators.
Sources




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#CryptoMarketWatch: Bitcoin Market Update
📉 BTC/USD Analysis
Bitcoin (BTC) is currently trading around $82,573, experiencing a 4.09% decline in the last 24 hours. The price tested a low of $82,361, with resistance near $86,487.
🔍 Key Market Trends
BTC Dominance: Bitcoin's market share is fluctuating as altcoins like ETH and SOL also face corrections.
Macroeconomic Impact: Uncertainty around global regulations and Federal Reserve policies is affecting investor sentiment.
Support & Resistance: Major support at $81,500, resistance at $85,000. A break below support may trigger further