.png){kind=logo}
Crypto Price Today: As of 10.35 am on March 10, 2025, the crypto market is witnessing sharp declines as major assets react to global economic shifts. Bitcoin has dropped to $82,470, marking a 4.09% decrease over the last 24 hours, while Ethereum is down 5.41% at $2,068.07. Other leading cryptocurrencies, including Solana (SOL) and XRP, are also facing significant downturns. Amidst this volatility, stablecoins like Tether (USDT) remain steady.
Let’s delve deeper into the latest price movements, market trends, and key factors influencing the crypto landscape today.
Bitcoin price has dropped by about 4.09% to $82,470.55 over the last 24 hours, showing a further 0.09% decline within the last hour. Despite this short-term drop, Bitcoin continues to be the largest cryptocurrency with over $1.63 trillion in market cap. This downturn is part of a broader market correction affecting various cryptocurrencies.
Ethereum (ETH), the second-largest cryptocurrency, is trading at $2,068.07, down 5.41%. Ethereum's market capitalization is approximately $249 billion, with a circulating supply of 120.6 million ETH. However, Ethereum's continued development, especially with Ethereum 2.0, which has resolved scalability issues and DeFi growth potential, continues to make it attractive to investors.
Tether (USDT), which is a US dollar-pegged stablecoin, is valued at $0.9998. Thus, exhibiting stability with an increase of 0.02%, making it a safe-haven asset during times of market volatility. Its market cap exceeds $142 billion.
XRP (XRP) is valued at $2.19, having decreased by 5.70% over the last hour. Its market cap stands at around $127 billion. The performance of XRP is heavily influenced by regulatory news and adoption in cross-border transactions.
Binance Coin (BNB) is currently valued at $563.25, with a market cap of around $80 billion. However, the currency’s value is known to be highly dependent on the adoption and success of the Binance platform.
Solana (SOL) is at $127.89, a whopping 7.40% drop over the last hour. Solana's market capitalization stands at approximately $65 billion, and its high speeds of transactions and DeFi expansion opportunities are major selling points.
Cardano (ADA) is at $0.7437, having decreased by 7.10% over the last hour. Its market capitalization stands at about $26 billion. Cardano's emphasis on smart contracts as well as environment-friendliness is continuing to draw investors.
Dogecoin (DOGE) is trading at $0.1738, dropping by a whopping 8.73% in the last hour. Despite its volatility, Dogecoin is still popular because it has community backing and mainstream acceptance.
Bitcoin will continue to be a reliable option for long-term investors, with estimates projecting it to reach $150,000 to $200,000 by the close of 2025 as ETF inflows and institutional investors continue to support it. Ethereum is set to gain from Ethereum 2.0 improvements, possibly to $5,000 to $8,000 as DeFi grows.
Both Solana and XRP are likely to experience enormous growth. Solana may perhaps reach above $300 because of its quick processing speeds and growth in DeFi and NFTs.
On March 10, 2025, the cryptocurrency market is experiencing dynamic shifts influenced by regulatory changes, economic trends, and technological advancements. With prices fluctuating rapidly, investors must stay updated and approach the market with caution. If you are looking for a reliable platform to trade forex and cryptocurrencies, Naqdi.com provides secure and efficient trading solutions for investors worldwide.
