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The cryptocurrency market's focus has once again shifted to Bitcoin as it looks to regain its bullish momentum. A significant recovery ensued following a steep correction that saw Bitcoin momentarily fall below $92,000, driven by the U.S. announcement of a strategic crypto reserve.

Initially, this news gave the market hope, which caused Bitcoin and other cryptocurrencies to rise. But the rally did not last long. Sentiment swiftly changed and became bearish once more as international markets ope

Strategy co-founder Michael Saylor, one of the staunchest advocates for Bitcoin maximalism, has seemingly endorsed the idea of a multi-token cryptocurrency reserve that includes XRP during a recent conversation with CNBC's Sara Eisen.

Saylor has stated that such a development is "bullish" for Bitcoin and for the broader cryptocurrency industry.

The billionaire, who previously rejected the idea of investing in altcoins, has stated that he sees such a "progressive" approach as the best way to mo

According to data provided by WonderFi, the leading regulated cryptocurrency trading platform in Canada, the Ripple-affiliated XRP token has recorded a 37% increase in inflows.

This comes after the announcement of a strategic reserve that would include the XRP token in the U.S.

WonderFi has noted that XRP might be on track to become a Bitcoin-like "staple for investors."

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The XRP price soared sharply higher following the announcement, reaching a multi-week peak of $2.9. However, the toke

Bitcoin's price action proves once again that the crypto market is anything but predictable. Yesterday, it jumped 10% to a high of $93,604. Today, it lost 5%, sinking to a low of $89,100. A familiar story - big moves up, equally big corrections down. It may have caught some traders off guard, but the warning signs were there.

One of them? The Bollinger Bands. This popular indicator, created by John Bollinger, was flashing caution.

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Even with the pump, Bitcoin could not hold above the midd

XRP, the third largest cryptocurrency by market capitalization, has seen its open interest (OI) skyrocket to $4 billion in the last 24 hours.

This increase in OI indicates increased market activity, as XRP experiences a big price gain following the announcement of its inclusion in a crypto strategic reserve.

Open interest is the total number of outstanding futures or options contracts on the market. It measures the amount of money invested in derivatives at any one time. When traders enter fut

Business intelligence firm Strategydid not purchase any Bitcoin between Feb. 24 and March 2.

The company continues to hold more than 499,000 coins, acquired for roughly $33.1 billion.

Strategy's average purchasing price currently stands at more than $66,000.

On Feb. 24, the company announced that it had acquired nearly $2 billion worth of Bitcoin, which was the company's very first Bitcoin purchase since itsmajor rebranding.

On Feb. 28, the price of the leading cryptocurrency collapsed all t

Here's the summary of the top three crypto news stories over the past weekend presented to you by U.Today.

XRP, ADA and SOL prices skyrocket following crypto strategic reserve announcement

In a recentpost on Truth Social, it wasannounced that XRP, Solana (SOL) and Cardano (ADA) would be part of the U.S. Crypto Strategic Reserve. As stated in the post, the crypto reserve is supposed to make the U.S. the "crypto capital" of the world. Following the announcement, the aforementioned assets saw the

As became known thanks to on-chain data fromArkham Intelligence, an unknownShiba Inu (SHIB) whale deposited all their meme coin holdings to Coinbase just 10 hours ago. Thus, almost 174.6 billion SHIB, which is roughly equal to $2.53 million, ended up in the hot wallet of the leading U.S. cryptocurrency exchange, sent there by the address "0x45492."

What prompted this mysterious large holder ofShiba Inu coins to make such a move? Still unknown.

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What is interesting, though, is that this co

The U.S. Securities and Exchange Commission (SEC) has agreed in principle to drop its lawsuit against the Kraken exchange.

The cryptocurrency trading platform described this as "a pivotal moment" for the industry since it "lifts uncertainty" and "clears the path" for a favorable regulatory regime in the country.

"We beat the SEC! Congratulations to the best legal team in crypto. Fighting - and beating - the SEC was not foretold. Lawyers, lobbyists, and everyone in between... We had to earn it,

Dog-themed cryptocurrency Shiba Inu (SHIB) is showing signs of recovery, with the percentage of holders "in the money" returning to 40%, a significant rebound from its recent low of 18%. This marks a turnaround in market sentiment, suggesting renewed investor confidence in the dog-themed coin.

The broader crypto market is currently rebounding, with Bitcoin and Ethereum gaining strength, lifting altcoins like SHIB along.

The cryptocurrency market roared into March with a rally, recouping some o

The rivalry between Ethereum and Solana has taken a new twist with the current outlook of the DEX metrics over the past month. According todata from DeFiLlama, Solana has retained the top spot per DEX volume in the past 24 hours. This volume comes in at $3.99 billion over this period.

Solana edges out Ethereum again

Solana has continued to dominate the DEX volume, despite a milder growth rate of 11% in 24 hours compared to Ethereum’s 29.24% rally. However, Ethereum recorded a lower DEX volume

As news broke yesterday thatCardano (ADA) will be added to the Strategic Reserve of the United States of America, the price of the eighth biggest cryptocurrency surged by over 72% in just one day. Going all the way from $0.645 to $1.1488, ADA rewrote any price prediction that was in place and definitively changed its narrative.

From being called an "Ethereum killer" to a "dino coin" and a cryptocurrency that no one uses, the Cardano token is now on the verge of becoming an asset that will be no

As the crypto market kicks off March on a positive note, veteran trader Peter Brandt shared his perspective on Ethereum's price action. In a tweet, Brandt stated that the "Ethereum (ETH) chart can now be viewed as a potential 11-month rectangle."

ETH chart $ETH now can be viewed as a potential 11-month rectangle. pic.twitter.com/hEFVIHCLeb

— Peter Brandt (@PeterLBrandt) March 2, 2025

The rectangle chart pattern, noted by Brandt, occurs when the price is bounded by parallel support and resista

The bulls are dominating today, according to CoinStats.

SOL/USD

Solana (SOL) is one of the biggest gainers today, rising by 15.92%.

On the hourly chart, the price of SOL might have found a local support level of $157.29. If the daily bar closes far from that mark, growth is likely to continue to the resistance of $179.47 by tomorrow.

On the bigger time frame, one should pay attention to the level of $180.52. Until the rate reaches that mark, bears remain more powerful than bulls.

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Howe

It has been a rough few weeks for crypto-oriented investment products. Outflows have been happening for three weeks in a row now. And not just small numbers. Last week alone, $2.9 billion walked out the door, making it the largest weekly outflow on record, according toCoinShares.

Add that to the previous two weeks, and you are looking at a total of $3.8 billion leaving the space. Not exactly the kind of streak anyone was hoping for.

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Bitcoin (BTC), as expected, took the hardest hit. Last

The crypto market is going up at the beginning of the week, according to CoinStats.

BNB/USD

Unlike other coins, the price of Binance Coin (BNB) has dropped by 0.6% over the last day.

On the hourly chart, the rate of BTC has made a false breakout of the local support level of $597.73. If bulls' pressure continues, one can expect a test of the resistance by tomorrow.

On the bigger time frame, the price of the native exchange coin is far from key levels.

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If the daily bar closes near the

The marker keeps growing today, according to CoinMarketCap.

BTC/USD

The rate of Bitcoin (BTC) has risen by 8.28% over the last 24 hours.

On the daily chart, the price of BTC is going down after yesterday's sharp rise. However, one should focus on the candle's closure. If it happens near the $95,000 mark, growth is likely to continue to the vital zone of $100,000.

Bitcoin is trading at $92,844 at press time.

ETH/USD

Ethereum (ETH) has followed the upward move of BTC, going up by 5.89% since

Tom Lee, Fundstrat Capital’s head of research and a regular contributor to CNBC’s Fast Money, has spoken to CNBC’s Squawk Box this time, talking about the prospects of Bitcoin for this year as 2025 continues to unfurl.

He stated that Bitcoin may hit the bottom this week, along with the equities market.

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Bitcoin to do a lot better than $150,000 this year: Tom Lee

When talking about Bitcoin, Lee referred to a previous prediction by Fundstrat’s tech analyst, who said that the world’s larges

Bitcoin's market momentum might finally change thanks to a strong and rapid comeback above an important support level. The sideways channel formed previously was not breached, which leaves the possibility for a substantial price reversal open for the future.

Although Bitcoin experienced a significant decline that momentarily breached this channel, it was unable to gain traction below it, suggesting that bearish pressure may be waning. Bitcoin recently saw a large sell-off falling below the main

Japanese investment firm Metaplanet has doubled down on its Bitcoin accumulation strategy by acquiring a new batch of 156 BTC. The firm unveiled thisannouncement via its official X post hours ago, detailing how it took advantage of the market dip between Feb. 18 and Feb. 28. This latest purchase has placed the firm again on the list of top corporate Bitcoin buyers.

Best window to buy Bitcoin

Metaplanet chose a strategic period to make its latest Bitcoin purchase. Within that period, the firm b