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BTC Touches $95K Low, Altcoins Show Mixed Actions

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Crypto prices on Saturday have again encountered severe volatility, keeping traders and investors cautious. Bitcoin (BTC) price briefly slumped to a $95K low, whereas Ethereum (ETH) and Solana (SOL) traded in the red territory. However, XRP managed to pump roughly 1%, preventing further downside momentum. Besides, even the meme coins sector mirrored a slumping movement.

Let’s take a closer look at some of the most trending coins for the day and the latest market updates that have impacted prices.

Crypto Prices Today: ‘Market Blues’ This Week As BTC & Alts Mainly Down

Despite Donald Trump announcing a pause on new tariffs for Mexico and Canada, the crypto market is yet to recover from its slump. Some traders and investors are even bearish over future movements, as the tariffs pause is only for 30 days. Given that the market fails to recover by March’s beginning, another wave of volatility could kick in as the new tariffs are to resume. Meanwhile, this week has been alarming for the broader cryptocurrency sector as a whole.

BTC Price Hits $95K Low

BTC price dipped nearly 1% in the past 24 hours and is currently trading at $96,663. However, it’s noteworthy that the flagship coin’s intraday low and high levels were $95K and $100K, respectively. Nevertheless, Bitcoin’s dominance stayed up by 0.09%, reaching 60.94%.

Meanwhile, in the latest developments surrounding this crypto, the U.S. state of Maryland has recently unveiled a legislative proposal to establish a Bitcoin reserve fund for the state.

Bitcoin saw liquidations worth $73.02 million in the past 24 hours, per Coinglass data.

Ethereum Price Slips

ETH price dropped nearly 3% in the past 24 hours and is currently trading at $2,643. The coin’s intraday low and high were $2,564.97 and $2,798.03, respectively. Notably, the current waning movement falls in line with the broader market trend.

In the latest developments surrounding the crypto, the U.S. SEC has delayed its decision on BlackRock’s Ethereum ETF options trading proposal. ETH recorded liquidations worth $64.83 million in the past 24 hours.

XRP Price Jumps

However, XRP price jumped slightly over 1% intraday and is currently trading at $2.38. The coin’s 24-hour bottom and high were $2.28 and $2.53, respectively.

Ripple’s coin soars alongside positive news for the community as a new XRP DR (Depository Receipt) product is set to go live in the U.S.

Solana Price Fluxes

SOL price witnessed a rollercoaster ride in the past 24 hours, trading at $193 as of press time, down marginally by 0.1%. The coin’s 24-hour bottom and peak were $188.48 and $203.15, respectively. Notably, Solana recorded liquidations worth $11.26 million in the past 24 hours.

Meme Crypto Prices Today

Dogecoin (DOGE) saw a 2% drop in value and is currently trading at $0.247. Simultaneously, even PEPE and TRUMP prices tanked 3-5%, reaching $0.000009089 and $16.46, respectively. However, Shiba Inu (SHIB) price witnessed a nearly 1% jump in value to $0.00001517.

Top Crypto Gainers Prices Today

Flare (FLR)

Price: $0.02196
24-hour Gains: +9%

Onyxcoin (XCN)

Price: $0.0279
24-hour Gains: +6.5%

Maker (MKR)

Price: $948.28
24-hour Gains: +5%

Top Crypto Loser Prices Today

Berachain (BERA)

Price: $6.86
24-Hour Loss: -15%

Movement (MOVE)

Price: $0.5412
24-Hour Loss: -12%

LidoDAO (LDO)

Price: $1.54
24-Hour Loss: -10%

The broader market trends remain poised to significantly impact prices ahead. Apart from Donald Trump’s tariffs resuming in 30 days, another aspect has caused volatility. Renowned crypto analyst Ali Martinez revealed that over $15 billion in tokens were unlocked last month. Moreover, another $3 billion is set for this month, whereas the following month will see $9 billion between March & April. This phenomenon could further present altcoins’ prices with volatility.

Token unlock dataToken unlock data
Source: Ali Charts, X

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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.





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Analyst Reveals When The XRP Price Will Hit Double & Triple Digits

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1 hour ago

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March 12, 2025

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Crypto analyst Egrag Crypto has revealed when the XRP price will hit double and triple digits. This provides a bullish outlook for XRP especially amid the recent market crash and its brief drop below the psychological $2 price level.

When The XRP Price Will Hit Double & Triple Digits

In an X post, Egrag Crypto stated that the XRP price will hit double digits in this cycle and triple digits in the next cycle. for triple digits, his accompanying chart showed that XRP could reach as high as $110. Interestingly, crypto analyst Dark Defender also recently predicted that XRP could reach triple digits, although he provided a more bullish outlook for the crypto as he predicted that it could reach $333.

Meanwhile, in another X post, Egrag Crypto suggested that XRP’s recovery could be imminent. While analyzing the weekly Relative Strength Index (RSI), he stated that the crypto simply needs to cross 71.50 and then ‘kaboom,’ indicating a parabolic rally.

ImageImage

He noted that on the 60 level, XRP’s RSI is starting to kick upward. The analyst added that as the crypto builds strength from 60, it could easily climb back above 80. However, he remarked that it first needs to close above 71.50.

Crypto analyst Rose Premium also recently predicted that XRP could soon rally to as high as $3.35. The analyst stated that a bounce from the current support level of $2.12 could drive the crypto’s price towards key targets at $2.32, $2.61, $2.90 and then $3.35.

 A Rally To $5 Is Also On The Cards In The Mid Term

Crypto analyst Dark Defender also indicated that an XRP price rally to 45 was also on the cards in the mid-term. This came as he highlighted this price level as one of the targets in his recent analysis.

ImageImage

He noted that XRP has finished the correction on the four-hour time frame. Analyzing the daily chart, he stated that XRP is expected to move towards $2.42 first considering the correction structures. He added that the real momentum will start after XRP stands above Ichimoku clouds.

The analyst highlighted $2.22 and $2.04 as the key support levels to watch out for. Meanwhile, he stated that the targets for XRP at the moment are $4.2932 and $5.8563.

It is worth mentioning that fundamentals such as the XRP ETFs and a potential Ripple SEC settlement provide a bullish outlook for the XRP price. Yesterday, asset manager Franklin Templeton filed the S-1 for its XRP ETF with the US SEC. Meanwhile, Journalist Eleanor Terrett recently reported that the SEC could soon close its case against Ripple.

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Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across several topics and niches. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover, a traveler and a part-time degen.

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.





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Here Are The Possible Outcomes of the Ripple vs SEC Case

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5 hours ago

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March 12, 2025

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Despite growing speculations, the prolonged XRP lawsuit remains unresolved. The community is divided on the likelihood of an early settlement of the case. Meanwhile, experts unveil five potential outcomes for the Ripple vs SEC case, fueling further debate.

Let’s break down the potential outcomes of the XRP lawsuit and their implications for the Ripple ecosystem.

XRP Lawsuit Resolution: Things To Know

Though the US Securities and Exchange Commission (SEC) has dismissed several crypto lawsuits over the past few weeks, the settlement of the Ripple case remains uncertain. Experts argue that an early settlement is unlikely to happen. All Things XRP, a leading XRP advocacy platform on X, outlined five potential scenarios for the lawsuit’s resolution, providing more clarity to the matter.

In an X post, All Things XRP unveiled five possible outcomes for the protracted XRP lawsuit. These include the SEC dropping its appeal, a reduced penalty, the appeal court reversing the decision, the fine being upheld but the injunction lifted, and the SEC completely dropping the case. Each outcome has a different likelihood of happening, ranging from 15% to 35%.

Will US SEC Withdraw Appeal in the Ripple vs SEC Case?

Aligning with many expert predictions, All Things XRP highlighted the possibility that the SEC might withdraw its appeal under new leadership, potentially paving the way for a resolution in the Ripple case.

However, the XRP advocate added that the existing $125 million fine and the injunction on institutional XRP sales, as ruled by Judge Torres, would still be in place. Experts consider this outcome plausible, with a likelihood of 35%, as policy shifts are possible, but the injunction’s persistence complicates the situation.

Reduced Penalty and Court Decision Reversal

As All Things XRP noted, there’s a 30% chance that Ripple could negotiate a reduced penalty with the SEC. For example, the $125 million fine could be lowered to $75 million as part of a potential settlement.

However, here too, the injunction remains a significant obstacle, as dissolving it would require court approval. The analyst suggested that Paul Atkins, once confirmed as SEC Chair, might advocate for this approach.

Interestingly, there is also a possibility of overturning Judge Analisa Torres’ XRP ruling, but with only 20% likelihood. The analyst predicted that the Second Circuit might uphold the SEC’s appeal, classifying programmatic XRP sales as securities under the Howey Test. This could lead to a hefty fine of over $500 million and an expanded injunction.

Prominent legal experts like Jeremy Hogan and MetaLawMan pointed out these intricacies as major obstacles to the lawsuit’s early end.

XRP Lawsuit Conclusion: Can Injunction be Lifted with Fine Upheld?

According to All Things XRP, Ripple’s cross-appeal could ultimately uphold the $125 million fine imposed by Judge Torres. In addition, Ripple may convince the court to drop the injunction if it shows there’s no ongoing securities law violations.

Notably, this would pave the way for institutional sales to resume. With a 25% likelihood, this outcome hinges on Ripple’s argument impressing the court and tackling the injunction’s concerns.

SEC To Abandon the Ripple vs SEC Case

With the least probability, the SEC might abandon its case against Ripple, effectively nullifying the $125 million fine and seeking court approval to dissolve the injunction. This outcome, though unlikely, could emerge amidst a broader deregulatory shift. But it would still require court approval, making its likelihood a mere 15%.

Recently, lawyer Jeremy Hogan commented that a March resolution is possible in the XRP lawsuit with the injunction concerns dealt with later.

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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.





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Can Dogecoin Price Still Hit $5 Despite US SEC’s DOGE ETF Delay?

Published

8 hours ago

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March 12, 2025

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The crypto market has rebounded strongly from its recent turmoil, reaching a value of $2.65 trillion with a 1.30% increase. In tandem with this trend, Dogecoin’s price has surged by almost 2% over the past day. Analysts remain optimistic about DOGE’s potential for a bullish rally, further fueling the current upward momentum.

Will Dogecoin Price Reach $5?

In a recent X post, market analyst CryptoELITES shared a bullish forecast for Dogecoin price. The analyst predicted that DOGE will reach $5 in the near future. To strengthen their analysis, CryptoELITES presented a historical chart that signals Dogecoin price’s target of $5.

Meanwhile, Trader Tardigrade has identified the formation of a 5-wave Descending Broadening Wedge on the 4-hour chart, indicating an impending breakout. Following a confirmed RSI bullish divergence, Dogecoin ($DOGE) rebounded to test the descending resistance line of the wedge. According to the analyst’s predictions, Dogecoin could reach $0.1780.

Can Dogecoin Price Still Hit $5 Despite US SEC's DOGE ETF Delay?Can Dogecoin Price Still Hit $5 Despite US SEC's DOGE ETF Delay?

Increased Whale Activity and ETF Frenzy Spark Bullish Resurgence

During the last crypto market correction, Dogecoin dipped by nearly 20% falling from $0.22 to $0.17. However, large Dogecoin investors or whales have utilized the opportunity to amass 1.7 billion DOGE worth $298 million in just 72 hours.

Reflecting on this increased whale activity, analyst Lumen projected Dogecoin price’s surge to $0.5. He added that the target is possible if DOGE surges past $0.2 before the ETF approval.

Interestingly, crypto expert DOGECAPITAL posited that the Dogecoin price could reach an ambitious point of $90 by the end of 2025.

In a recent development, the US Securities and Exchange Commission (SEC) has reportedly delayed its decision on approving ETFs for Dogecoin (DOGE), XRP, Solana, and Litecoin, despite growing anticipation. However, ETF Store President Nate Geraci remains optimistic, asserting that the ETFs will ultimately be approved.

Why $2 is a Pivotal Target for Dogecoin Price?

Notably, $2 has been a pivotal target for the Dogecoin price. Many crypto experts have predicted DOGE’s potential rally targeting around $2. For instance, Dogecoin co-founder Billy Markus projected Dogecoin price’s possible surge to $2.3, marking a staggering 500% uptick.

Similarly, analyst Javon Marks underscored DOGE’s potential to hit $2.3, citing historical patterns. According to Changelly, DOGE will reach the projected $2.3 by July 2032.

As of press time, DOGE is valued at $0.1614, with an uptick of 3.64% over the past 24 hours. Despite the daily surge, Dogecoin price saw massive declines of 17% and 34% over the past week and month, respectively.

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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.





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