Bitcoin Priced at $82K as Crypto Market Faces Down Week
- Bitcoin faces week of volatility with sharp drop.
- Altcoins follow a negative trend, with ETH and XRP falling.
- Cryptocurrency market loses US$200 billion in value.
The price of Bitcoin is trading near $82.815,62 on the morning of 30/03/2025. BTC is down 0,4% in the last 24 hours and has accumulated a loss of almost 3% in its value over the week.
In the cryptocurrency scene, the last week has not been easy for investors. Bitcoin, the main digital currency on the market, experienced a sharp drop, reaching US$81.600, its lowest value in several days, before attempting a modest recovery.
Bitcoin’s performance was followed by a series of losses among other major cryptocurrencies. XRP and Ethereum (ETH) were among those that suffered the most, with significant declines in their valuations.
Bitcoin, which had been trading in the $84.000 range, showed a brief moment of strength as it hit $88.800, its highest point in more than two weeks. However, that momentum was short-lived. After hovering between $86.000 and $88.000 for a few days, the cryptocurrency plunged to $81.600 on Friday.
Bitcoin’s reaction to the recent low was swift, with a recovery of over $1,63, but daily and weekly losses are still evident. The coin’s market cap has fallen to less than $59 trillion, and its dominance over other cryptocurrencies now stands at XNUMX%.
Altcoins down today
On the altcoin side, the week was particularly tough. Ethereum saw its value fall from a peak close to $2.100 to below $1.850, a drop of more than 8%. XRP also did not escape losses, falling 9% even after the end of its lawsuit with the US SEC.
Other cryptocurrencies such as Binance Coin (BNB), Solana (SOL), Cardano (ADA), TRON (TRX), Chainlink (LINK), Stellar (XLM), Hedera (HBAR), Polkadot (DOT) and Litecoin (LTC) saw declines between 3% and 7%. However, Uniswap (UNI) saw an even larger decline, over 11%. The biggest losses were seen in Pi Network (PI) and HypeCoin (HYPE), both of which saw declines of over 20% on the week.
Despite the predominantly negative scenario, CRO managed to rise almost 30% in the last 7 days.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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