Bitcoin (BTC) price surged on March 3, 2025, crossing $92,962, reflecting an 8.12% increase from the previous close. The rally followed U.S. President Donald Trump’s announcement of a U.S. strategic crypto reserve, which includes Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
Bitcoin Price Today: Market Reacts Positively
Following the announcement, major cryptocurrencies saw significant price jumps:
- Bitcoin price (BTC/USD): Surged over 20% from Friday’s low of $78,273 to $93,057.
- Ethereum price (ETH/USD): Increased by 10%, reaching $2,450.
- XRP cryptocurrency: Gained 31%.
- Solana (SOL): Rose by 15%.
- Cardano (ADA): Experienced a 69% rally.
Why Is Crypto Down Today? Fear and Greed Index Holds the Answer
Despite Bitcoin’s bullish run, some traders remain cautious due to recent market volatility and the Fear and Greed Index, which shows fluctuating sentiment. Bitcoin and crypto Bitcoin markets had faced regulatory pressure since mid-January, leading to fears of another crypto crash.
Why Is Bitcoin Dropping? Will the Bull Run Continue?
Analysts believe Bitcoin price USD could see further gains if broader market conditions remain favorable. However, uncertainty around BTC price USD remains due to global economic conditions and regulatory concerns. CoinMarketCap data indicates Bitcoin’s current trajectory is supported by renewed investor confidence.
Bitcoin News: U.S. Crypto Reserve Sparks Debate
President Trump’s decision to include Bitcoin crypto and Ethereum (ETH price) in the U.S. crypto reserve has sparked debate on its funding. Questions remain whether the reserve will be built using taxpayer money or crypto seized from law enforcement actions. If it’s the latter, it could slow down Bitcoin price growth as it would be a redistribution of existing assets rather than fresh capital inflows.
Crypto Crash or Next Rally? Outlook for Bitcoin and Altcoins
Market watchers remain divided on whether Bitcoin will sustain its bull run or face another downturn. The BTC price rally has brought renewed enthusiasm, but traders still monitor key indicators to predict whether this is a long-term uptrend or a temporary boost.
Meanwhile, Dogecoin (DOGE coin) and other altcoins continue to track Bitcoin’s momentum, with many speculating whether the current crypto news will drive further adoption.
