CRYPTO MARKET RECOVERED FROM LONG 3 MONTHS OF DECLINE, POSSIBLE TREND REVERSAL IN SIGHT?
The cryptocurrency market has shown strong signs of recovery in recent months, driven by significant government and corporate initiatives.
In November 2024, Bitcoin reached an all-time high by surpassing $75,000, driven by the likely re-election of Donald Trump to the presidency of the United States. During his campaign, Trump promised to create a 'strategic national Bitcoin reserve' and turn the U.S. into the 'crypto capital of the planet,' measures that boosted confidence in the cryptocurrency market.
In March 2025, President Trump signed an executive order to establish a strategic Bitcoin reserve, consolidating the U.S. commitment to cryptocurrencies. This initiative includes a complete audit of the government's digital assets, estimated at 200,000 Bitcoins, and prohibits the sale of these assets, establishing them as a permanent store of value.
In the banking sector, BBVA announced in March 2025 that it will offer its retail clients in Spain the option to buy and sell cryptocurrencies such as Bitcoin and Ether through its mobile app. This move positions BBVA as the first Spanish bank to offer such services, reflecting a growing trend of institutional adoption of digital assets.
Additionally, the Artificial Intelligence (AI) sector led the recovery of the crypto market, recording a 15.50% increase in February 2025. Major AI tokens like ai16z (AI16Z), AI Rig Complex (ARC), and the VIRTUAL AIXBT ecosystem token saw significant increases, indicating renewed investor interest in projects that combine AI and blockchain.
Currently, Bitcoin is trading at $82,879.00, with an intraday high of $83,745.00 and a low of $79,107.00. Ethereum is priced at $1,912.74, while BNB is at $558.50.
These developments highlight a significant recovery in the cryptocurrency market, driven by favorable government policies, institutional adoption, and technological innovations.
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