Dash breaks through $50, with a 24-hour increase of 34%

Supported by ETF fund inflows, Bitcoin shows "strong" rebound near $72,800

Under the influence of capital inflows into U.S. spot cryptocurrency ETFs, Bitcoin prices stabilized last week and touched a high of 73,927 USD, with gains of approximately 6% to 7%. Ethereum also rebounded, indicating a recovery in market risk appetite. ETF capital inflows became the main support factor. Despite volatility in macroeconomic market sentiment, reassuring commentary on inflation and oil price risks helped stabilize prices.

Bitcoin Breaks Through $74,000 Resistance Level, Crypto Market Strengthens Collectively, ETH and SOL Lead Weekly Gains

On March 16, the crypto market continued to rise, with Bitcoin surpassing $74,000, up 2.9% in 24 hours. Ethereum and Solana showed larger gains, indicating capital flowing toward higher-risk crypto assets. An improving macroeconomic environment provided market support, with falling oil prices and a weakening dollar aiding liquidity release. The market is focused on the upcoming Federal Reserve meeting, which could impact future interest rate expectations.

Bitcoin Breaks Above 50-Day Moving Average Approaching $74,000, BTC Upward Momentum Strengthens But $75,000 May Become Key Resistance Level

Bitcoin's price surged over 3% on March 16, reclaiming the 50-day moving average and breaking through $71,125, indicating strengthened market momentum. Despite external uncertainties, Bitcoin demonstrated resilience and gradually recovered above the $70,000 level. Analysts noted that stabilization above the 50-day moving average may signal a trend reversal, but technical breakthroughs don't necessarily guarantee long-term gains. The market is watching whether Bitcoin can break through $75,000, with trading volume and capital inflows being key factors.

Bitcoin Breaks Through $73,000! Outperforms Gold Amid US-Iran War, EF Sells 10.2 Million ETH

Bitcoin recently broke through $73,000 with strong performance, decoupling from tech stocks and gold. Analysts predict that if the market stabilizes, it could rise to $75,000 to $80,000. However, geopolitical risks and extremely fearful market sentiment continue to pressure prices. Meanwhile, the Ethereum Foundation sold Ether for approximately $10.2 million to maintain operations.

On-chain activity is exploding, but Ethereum can't seem to gain momentum? Experts reveal the "fatal weakness": could drop to $1,500

CryptoQuant's latest report indicates that Ethereum is facing an "adoption paradox," where network activity reaches new highs, but the token price continues to decline. Analysts predict that if the bear market persists, Ether could fall to $1,500. Despite thriving on-chain activity, it has decoupled from the token price, and the high proportion of Ether flowing into exchanges suggests heavy selling pressure and weak investment demand.