Bitcoin’s Price Today
Bitcoin’s price today is quoted at US$82,076.53, as of 31/03/2025, with a drop of 1.5% in the last 24 hours and almost 7% in the week. The global market value of cryptocurrencies is US$15.24 trillion, representing a drop of 1.54% compared to the last day. Bitcoin’s dominance is 61% over altcoins, indicating a growth in its influence even in a period of general market contraction.
Major Altcoins Performance
Similarly, most major altcoins are struggling to stay down. ETH started a major decline and traded below the $1,850 support. XRP is moving lower towards the $2.00 support. ADA might revisit the $0.60 support zone. Solana is trading near the $124.45 support. BNB has broken down the $600 support and is trading near the $590 support.
Market Overview
The cryptocurrency market has been going through a tumultuous week, marked by a significant drop in the values of Bitcoin and altcoins. Bitcoin, after peaking at $88,800 last Monday, faced consecutive rejections, culminating in a sharp loss in value that took the cryptocurrency to a new two-week low, trading at just over $81,000.
Support Levels
Overall, bitcoin price is struggling to stay above the key support of $81,500. If BTC fails to stay above $80,500, it could soon test the $72,500 level.
Impact on Altcoins
Altcoins felt the impact even more, with notable declines in their values. Among the most affected assets were SUI, HBAR, LEO and XRP, which saw double-digit price drops on a weekly basis. Conversely, EOS and TON performed positively, with increases of 10% and 4%, respectively.