
Crypto News Today (11th March, 2025): Bitcoin Rises from $76k | Solana Price Drops Over 3%
The crypto market is in a state of turmoil today as the fear of recession grips the industry. The prices of major cryptocurrencies like Ethereum and XRP have plummeted, while Bitcoin has shown unexpected resilience by rebounding from its 24-hour low.
As of writing, Bitcoin’s price has climbed back to $80,155.34 after dropping to an astonishing $76,624.25 earlier in the day. Despite the massive losses seen across most cryptocurrencies, this sudden surge could be a sign that there is still hope for recovery in this volatile market.
On the other hand, Solana’s price has taken a huge hit, plummeting over 3% to currently trade at $123.35. This drastic fall may have some investors worried about the token’s future prospects.
The crypto industry’s overall market capitalization took a beating today as well, falling by a significant 4.37% in just one day to stand at $2.59 trillion. The recent recession fears and liquidity pressures are likely to blame for this massive drop.
MOVE has managed to defy the odds, however, and is currently the top gainer with an impressive 6.49% increase in value. This sudden surge could be a sign of new investment flowing into the market or a temporary correction before further losses.
The crypto space remains incredibly volatile, and it’s essential for investors to remain informed about these trends.