As of Sunday, March 2, 2025, at the time of publication, the price of Bitcoin is now trading at $85,073.64, up 0.6% in the last 24 hours.
After a series of intense fluctuations, the last week in the cryptocurrency market stands out for the stability of Bitcoin (BTC) and the impressive growth of Stellar (XLM). While Bitcoin remains firm between the zones of US$ 85,000 and US$ 86,000.
Bitcoin has faced periods of high volatility in recent weeks, coming close to hitting $100,000 on February 21 before suffering a rejection that sent it crashing to $96,000. Further declines followed, reaching a low of $78,000, its lowest level in over three months. Despite these challenges, Bitcoin has shown resilience, recovering to its current range of $86,000. According to Arthur Hayes, despite recent difficulties, Bitcoin has performed robustly, maintaining its market cap above $1.7 trillion.
Featured cryptocurrencies: Stellar (XLM), Story (IP), Hedera (HBAR) and Berachain (BERA)
Among altcoins, Stellar (XLM) is the one that has attracted the most attention, with a spectacular increase. From a recent low, its price climbed around 30%, reaching over US$ 0.32. This jump stood out in a context where other cryptocurrencies, such as Story (IP), Hedera (HBAR) and Berachain (BERA), also registered gains of over 10%.
Despite some one-off losses in cryptocurrencies like ETH, LTC and TRX, the total cryptocurrency market cap has grown, adding over $250 billion since the last low, although it still falls short of the $3 trillion mark.
This market analysis demonstrates not only the inherent volatility of the cryptocurrency space, but also the ability to recover quickly after periods of intense correction. Investors and enthusiasts continue to watch these dynamics with interest, assessing the opportunities that such price movements represent.
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