On March 26, 2025, the price of Bitcoin fluctuated between $87,000 and $88,000, with a 24-hour increase of about 0.9%-1.0%, and a cumulative increase of over 5% for the week.
Market sentiment turned 'neutral', with the Fear and Greed Index rising to 47. Trading volume decreased by 12.33% compared to the previous day, indicating a warming of short-term wait-and-see sentiment.
ETH price stabilized at $2,060, with on-chain data showing that exchange supply fell to a nearly ten-year low (8.97 million), tightening liquidity supporting the price.
The circulating supply of USDC issued by Circle reached $60.17 billion, with a daily minting of 36.5 million, showing strong market liquidity demand.
Movement (MOVE) rose 30% in a single day, Zcash (ZEC) increased by 13%, Solana (SOL) surged over 2% driven by ETF expectations, Pi plummeted by 11.91%, and PancakeSwap (CAKE) fell by 9.25%.
Regulation and policy: The U.S. Federal Deposit Insurance Corporation intends to remove 'reputation risk' from regulatory standards, which could benefit the crypto industry. The SEC's cryptocurrency working group will hold four new roundtable meetings in the next three months to discuss regulatory issues.
Ripple reached a settlement with the SEC, with the SEC retaining $50 million of the $125 million fine, and the remaining returned to Ripple. This case provides a reference for cryptocurrency companies dealing with regulatory disputes.
26 states in the U.S. have proposed Bitcoin reserve bills, with Wisconsin becoming the first state to purchase a Bitcoin ETF, holding $588 million.
The SEC confirmed that it found no misconduct by Immutable, leading to a temporary increase of over 10% in the IMX token, boosting confidence in the Web3 gaming sector.
U.S. publicly listed company KULR increased its holdings by purchasing 56.3 BTC at a unit price of $88,824, while BlackRock's spot Bitcoin ETF saw a net inflow of $42 million in a single day.
Summary: On March 26, 2025, market sentiment in the cryptocurrency sector turned neutral, with Bitcoin and Ethereum showing technical strength, but shrinking trading volume suggests a risk of short-term correction; the issuance of stablecoins and institutional entry support long-term liquidity. Overall, the cryptocurrency and Web3 fields have made progress in terms of institutional participation, regulatory adjustments, and technological innovation, with the market maintaining expectations for future development.
