Altcoin
Crypto Market May Continue To Grow In 2025 If BTC Holds This Support: Report
The crypto market has experienced a threefold surge in global market capitalization over the past two years, driven by heightened investor interest and adoption. Analysts anticipate this momentum to continue in 2025, with growing institutional adoption of Bitcoin fueling the market’s rapid growth.
Nevertheless, Bitcoin’s price fluctuations continue to play a pivotal role in shaping the broader crypto market, ultimately determining the industry’s future trajectory. Reportedly, the crypto market’s continued growth is expected to hinge on BTC trends, with a key focus on whether it can sustain its current support level.
Crypto Market to View Continued Growth in 2025
Despite a recent marginal drop of 1.13% in the market cap, the crypto space’s overall sentiment remains positive in 2025. The market has grown from a mere $1 trillion in 2023 to over $3.3 trillion in 2025. The market’s trading volume has also witnessed a massive surge, increasing from $40 billion to a whopping $400 billion.
As reported by crypto financial services platform Matrixport, via an X post, this large-scale growth is primarily driven by the increasing adoption of Bitcoin. In addition, the BTC bull market has also largely influenced the crypto market growth.
Bitcoin trading above its crucial support level could prevent panic selling, instead attracting more buyers and further fueling the market’s upward momentum. This, in turn, could help maintain investor confidence, supporting the ongoing market rally.
Will Bitcoin Sustain the Crucial Support Zone?
As highlighted by Matrixport, Bitcoin’s $90K support zone is crucial in maintaining the current bullish momentum in the crypto market. If Bitcoin holds this $90,000 support, investors will remain in profit, limiting the possibilities of a bearish dip.
Notably, the support level pointed out by key analysts lies around $90k. As per Man of Bitcoin, the cryptocurrency’s support is at $93,637. Similarly, ZAYKCharts has pinpointed a crucial support level for Bitcoin at approximately $93,000, suggesting that a breakout above this level could propel BTC to $130,000.
Traders Remain Confident about a Market Rebound
As of press time, Bitcoin is trading at $96,106, down by 1.24% over the last 24 hours. It is noteworthy that the coin has been fluctuating between $92k and $100k over the past few days. This turbulent price action has resulted in a sharply divided market, characterized by uncertainty and conflicting views on its short-term direction.
Despite facing significant bearish pressure, Bitcoin has consistently traded above $89,000 during the consolidation phase. This resilience is largely attributed to bulls buying the dips, particularly around the $90k mark. This reflects their conviction in Bitcoin’s potential for a rebound. As confidence in BTC surges, it reflects broader market confidence, with traders now expressing renewed optimism about the crypto market’s potential for development and expansion.
Increased Adoption and Crypto Market Growth
In a comprehensive analysis, market research platform Mordor Intelligence forecasted a compound annual growth rate (CAGR) of 7.77% for the cryptocurrency market through 2030. The market is expected to grow from $47.73 billion in 2025 to a substantial $69.39 billion by the end of the decade.
Significantly, this prediction is based on the growing institutional adoption and mainstream adoption of cryptocurrencies. Large investment firms and institutions have increasingly adopted cryptocurrencies, with digital assets now accounting for 90% of their transactions. Also, the seamless integration of cryptocurrencies into payment infrastructure is fueling the market’s expansion
Changing Regulatory Landscape: How It Influences Crypto Market?
In addition to Bitcoin’s dominance, the changing crypto environment under President Donald Trump significantly influences the market growth. With his pro-crypto stance, Trump envisions fostering industrial development, solidifying the US’ position at the forefront of the global crypto market.
The restructured Securities and Exchange Commission (SEC) brings hope to the crypto regulatory space. As the SEC takes a more crypto-friendly approach, the crypto market sees further growth and establishment. The SEC’s recent acknowledgement of the ETF filings submitted by major investment firms have also fueled expectations.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The Sui token is currently making significant rebound, outperforming top cryptocurrencies including Bitcoin, Ethereum, and XRP. While these assets are exhibiting modest gains in line with the broader market trend, the Sui price is making impressive strides, surging over 7% in a single day. This significant uptick has sparked optimism, with market analysts and experts remaining bullish on the altcoin’s potential to reach new all-time highs.
Sui Price Breaks Past Crucial Resistance, Eyes $8
Notably, Sui’s current bullish trend significantly influences traders and analysts. While traders demonstrate this optimistic view via increasing market activity, analysts express their positive predictions. For instance, market expert CryptoBullet forecasted the Sui price’s surge to a new all time-high of $8.9 in an X post.
In a one-day chart, CryptoBullet highlighted SUI’s prevailing consolidation below 0.618 Fibonacci level. Significantly, SUI has touched twice the same price level within months. Driven by past trends, CryptoBullet remains confident that the Sui price could hit new ATH breaking past this consolidation.
Increasing Daily Active Addresses: How It Impacts Token Price?
According to investor Momin, SUI looks primed for higher highs triggered by increasing daily active addresses. Reportedly, the daily active wallets hit a record high of 1.2 million, paving the way for a massive breakout in the Sui price. Acknowledging the platform’s growth, the trader wrote, “Sui Network is undeniably one of the fastest-growing chains fundamentally!”
Another trader Giannis Andreou underscored the substantial surge in Sui’s daily active wallets. Currently marked at 1,253,935, the daily active addresses increased by a staggering 135.89% over the last seven days.
Meanwhile, Quinten Francois, a prominent crypto voice on X, wrote, “SUI active addresses are exploding.” The substantial surge in Sui’s price, coupled with a growing user base, has garnered significant attention, especially considering the token’s recent 36% downturn.
Sui Price Regains Positive Momentum: Will It Sustain?
At press time, Sui is trading at $3.55, marking a significant increase of 7.9% over the last seven days. However, over the last week and month, the token has seen massive declines of 4.3% and 24.3%, respectively.
Celebrating SUI’s current positive track, traders are actively engaging in market activity. The token’s 24-hour trading has seen a notable uptick of 15.44%, reaching $1.03 billion. Furthermore, SUI has achieved a milestone of over 8.5 billion total transactions, marking a notable 10.37% increase over the past 30 days. With a market cap of $10.67 billion, Sui has secured 12th spot on CoinMarketCap.
Although analysts see a massive surge ahead, it needs to be seen if SUI will sustain the current momentum and gain new highs.
Nynu V Jamal
Nynu V Jamal is a passionate crypto journalist with three years of experience in blockchain, web3, and fintech spheres. She has established herself as a knowledgeable and engaging voice in the cryptocurrency and blockchain space. Her experience as an Assistant Professor in English Language and Literature has further added to her quest for crafting informative, well-researched, and accessible content.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
The latest Dogecoin whale data rattled the crypto market on Friday, flagging massive accumulations amid the meme coin’s recent price dip. Renowned market analyst Ali Martinez revealed that whales bought a whopping 110 million DOGE tokens in the last 48 hours. As a response, market participants eagerly await a bullish price breakout ahead, with top analysts further projecting optimism over future price movements due to strong market technicals.
Dogecoin Whales Scoop Up Heavily Near $0.25 Price Level
In an X post shared by analyst Ali Martinez on February 21, it can be seen that Dogecoin whales bought 110 million tokens in the past two days. These accumulations occurred as the meme coin hovered around the $0.25 price level.
In turn, this mark remains extensively gauged by market participants as it could carve out a vital support level ahead. Another report by CoinGape previously revealed that DOGE whales did not sell massive amounts when the coin moved around $0.25. The upshot remains that investors eye considerable gains for the dog-themed meme coin ahead as whale data reflects strong market support.
Why Are Whales Accumulating?
Meanwhile, the current hot buzz for the dog-themed meme coin remains rising odds of an ETF approval. CoinGape reported last week that the U.S. SEC acknowledged Grayscale’s 19-b filing for Dogecoin ETF. This news appears to have substantially uplifted whale sentiment for the asset, given that an approval ahead could provide significant money influx to the token and fuel a price upswing.
However, Dogecoin price tanked nearly 6% over the week, which appears to have ushered in a ‘buy-the-dip’ sentiment among whales amid the ETF advancements.
Is DOGE Price Breakout On The Horizon? Top Analysts Bullish
DOGE price has mainly shown signs of consolidation in recent days, trading up nearly 1% intraday to $0.2564. The meme coin hit a bottom and peak of $0.2505 and $0.2576 in the past 24 hours. Notably, it’s worth mentioning that the coin’s broader time frame volatility is primarily attributable to the crypto market’s turbulent trend.
However, market analysts have projected a bullish outlook ahead, sparking market optimism in tandem with rising Dogecoin whale buying. Analyst ‘Trader Tardigrade’ recently took to X, revealing that the coin’s price chart shows a ‘symmetrical triangle’ pattern. This metric indicates that the token is consolidating whilst a breakout awaits.
Given the massive whale buying, the chances of the analyst’s projection getting true gained substantial weight. Also, another renowned trader, ‘Altcoin Scholar,’ revealed on X that the $0.22 price level remains a strong support zone for the meme coin. A sustained break above this level solidifies the chances of further gains.
Coingape Staff
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
LINK Price Action Turns Cautious As Bearish Pennant Shapes Up
Ethereum Holds Key Support – Analyst Doubts Bears Can Defend $4K Anymore
Bybit Reportedly Hacked for Over $1.5 Billion
Sui Price Sees Explosive Growth Amid Increasing Daily Active Addresses: Will It Hit $8?
Shiba Inu’s December 2024 Downtrend Could End As Inflows Rise
Coinbase scores major win as SEC set to drop lawsuit
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
2.52 Million Altcoins Are Ruining Crypto’s Future
Animoca Brands Valuation Tanks 75% In Two Years, Here’s Why
Crypto exchange BingX hacked for $43 million
Are The Big Players Losing Interest?
Hong Kong’s Securities Association Tips Authorities On Crypto Self-Regulation
Coinbase cbBTC Set to go Live on Solana
-
Regulation4 hours agoCoinbase scores major win as SEC set to drop lawsuit
-
Regulation23 hours agoSEC launches new unit to combat crypto fraud and cybercrime
-
Market15 hours agoSUI Targets Bullish Breakout with Golden Cross Potential
-
Market14 hours agoBitcoin Price Recovers Strongly—Is a New Rally Beginning?
-
Altcoin14 hours agoXRP Price Eyes New ATH As Grayscale’s XRP ETF Filing Enters US SEC Review
-
Market13 hours agoTrust Wallet Discusses the Challenges and Future of Crypto Wallets
-
Ethereum18 hours agoEthereum Could Target $3,000 Once It Breaks Current Supply Levels – Analyst
-
Bitcoin11 hours ago$2 Billion Bitcoin, Ethereum Options Expiry Signals Market Volatility
✓ Share: