🤯Trump's "cryptocurrency reserve" remarks trigger a wave of leveraged liquidations, ETH plummets over
#以太坊ETF批准预期 According to market data on March 5, 2025, the cryptocurrency market shows signs of recovery, with major token prices rebounding. Here are the key information compiled
Bitcoin (BTC)
Price rises to 87,400 USD (up nearly 4% in 24 hours), with an intraday fluctuation range of 81,529.24 USD to 88,911.27 USD1. Japanese company Metaplanet's acquisition of 497 BTC (worth 43.9 million USD) supported the price.
Data shows BTC closed at 88,777.76 USD on March 5 (up 1.03%), while other information mentions a rebound after hitting a low of 87,000 USD during the day.
Ethereum (ETH)
Price increased 4% to 2,159 USD, with a fluctuation range of 1,996.77 USD to 2,220.36 USD. Trump revealed he holds ETH worth over 500 million USD, combined with expectations for cryptocurrency reserve policies, boosting market optimism. Some data shows ETH fell to a low of 2,349 USD on March 4 but rebounded thereafter.
XRP and Solana (SOL)
#SOLFI XRP rose **7%** to 2.44 USD, with whales adding 1 billion tokens during the recent market slump1. SOL rose **5%** to 142 USD, with a fluctuation range of 131.57 USD to 146.40 USD1. Trump's cryptocurrency reserve plan (including SOL, ADA, and XRP) is a major driving factor.
Overall market performance
The cryptocurrency market rose nearly 4.5% in 24 hours, with the market capitalization rebounding to 2.89 trillion USD, and the liquidation amount falling from 1 billion USD to below 500 million USD. Easing trade war tensions and expectations for Trump's policies alleviated market panic, with the fear and greed index rising from "extreme fear" (15).
Risk warning:
Short-term support for Bitcoin is at 85,000-88,000 USD, and if it falls below, it may further adjust to 82,000 USD. Regulatory policies (such as the SAB-121 bill) and macroeconomic fluctuations remain potential risks
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