Market Snapshot for March 23-24, 2025

The global crypto market cap is up 2.7% to ~$2.85T. Bitcoin’s up ~3.6% to ~$87K, holding a ~60.6% dominance.

Top Stories

  • Bitcoin’s Bounce: Bitcoin closed the week above $85K after Trump’s tariff flexibility eased market fears.
  • Another Strategy BTC Purchase: Needs more Orange (Michael Saylor).
  • Solana ETF Momentum: Post-launch hype for Solana futures ETFs (SOLZ, SOLT) fuels speculation of a spot ETF soon (Yahoo Finance).

Market Mood

Bullish vibes dominate as Bitcoin continues to defends $80K and altcoins recover. Traders on X are optimistic, citing regulatory tailwinds from Trump’s crypto push.

  • Solana (SOL): Up 7.3% to ~$142, riding ETF buzz and DeFi growth.
  • XRP: Up 3% and still hot after the SEC dropped its Ripple suit (Ripple).
  • Mubarak (MUBARAK): Up 7.4% to ~$0.1439, with ~$260M in 24-hour trading volume.

Global Moves

  • US Treasury: Sanctions lifted on Tornado Cash, signaling a softer crypto stance (Treasury).
  • El Salvador: Cathie Wood kicks off an AI education push tied to Bitcoin adoption (Cointelegraph).
  • Pakistan: Pakistan is considering plans to encourage the use of surplus electricity for crypto mining (Dawn).

Top Gainers

  • Solana (SOL): +7.3% to ~$142 – ETF hype (SOLZ and SOLT) and TVL highs.
  • Bitcoin (BTC): +3.6% to ~$87K – Tariff relief rally.
  • Ethereum (ETH): +4.1% to ~$2,094 – Fed comments boost.
  • OFFICIAL TRUMP (TRUMP): +10% to $12 - Solana’s largest meme coin and boosted by Trump’s pro-crypto policies.