Crypto Market Today (March 17, 2025): BTC, ETH, BNB, & SOL Price Movements and Trends

The cryptocurrency market remained calm today, as some digital assets gained slightly, while others saw minor losses. BTC saw a small gain while the worries about its Bitcoin supply gap of between $70K and $80K intensified. Exchange reserves for Ethereum declined, signaling a lower supply, meanwhile, real-world asset (RWA) tokenization within Ethereum’s network expanded significantly. Among leading cryptocurrencies, the BNB price surge was the largest daily increase, benefiting from strong demand. Solana, however, was the only asset in the top 10 to experience a slight decline. 

Bitcoin Gains Momentum, But Can It Hold?

The crypto market today has been mostly calm and lower in volatility which has been rare this month. Some coins have recorded moderate gains over the previous 24 hours with few showing a daily decline. This consolidation in price and the decrease in the downtrend’s momentum can be attributed to macroeconomic factors. In the last week, we witnessed the release of the CPI and PPI inflation report. Both of these reports supported a cooling inflation rate and presented lower-than-expected figures. Slowing inflation is good for risk assets as investors gain more confidence and the market’s liquidity increases. 

Chart 1 – BTC/USD Price, published on TradingView, March 17, 2025.

Based on Chart 1 as of writing this, Bitcoin is trading at $83.207 with a 1,3% daily increase. Till now the range of Bitcoin’s daily price movement has been between $82,060. and $84,693.29. Additionally, BTC has gained 2.8% in weekly value, however, it is trading 13% lower than its ATH of $109000. Moreover, because of the Bitcoin supply gap between $70,000 and $80,000 a drop below $80,000 can be disastrous.

The Dangerous Lack of Support Below $80K for Bitcoin

BTC experienced an explosive jump from $70,000 to $80,000 in November of last year. This was caused by Donald Trump’s reelection as the President of the US and his pro-crypto campaign. As such there were very few transactions made in the $70K to $80K range, creating a supply gap.  Because of this traders with acquisition prices in this range are few and far between. This makes a move below $80K very dangerous as there is little to no bargain hunting. As such there will be no holders that accumulate at their acquisition costs, leading to less support in this range.

Ethereum RWA Surges 850%—the Future of ETH Growth?

The second largest crypto Ethereum has also seen a modest growth in daily price change. Based on the data from Coingecko Ethereum is trading at $1,905, which marks a 1,2% daily value increase. This also means a 7.5% weekly decrease as ETH was trading near $2,100 on March 10. The ETH reserve on exchanges also saw a decrease with the supply starting at 10.9M and reaching 9.3M. Ethereum RWA has been experiencing explosive growth, seeing +850% yearly growth and +50.9% monthly growth.

Chart 2 – ETH/USD Price, published on TradingView, March 17, 2025.

BNB Skyrockets 14.3% —Trump’s Deal Fueling the Rally?

Coingecko’s data shows that among the top 10 cryptocurrencies, the BNB price surge was the biggest daily value growth. This coin is trading at $626.71 with a 5.2% daily price increase and a %14.3 weekly value increase. 

Chart 3 – BNB/USD Price, published on TradingView, March 17, 2025.

This bullish momentum in price might be caused by the rumors of a potential business deal between Trump and Binance US. On the other end of the spectrum Solana was the only crypto among the top 10 to see a daily decrease. This coin is trading at $127.09, with a 1.2% daily value decrease and a 2.2% increase.

Chart 4 – SOL/USD Price, published on TradingView, March 17, 2025.

Bullish or Bearish? Macroeconomic Will Decide 

Future crypto market trends depend on macroeconomic factors, especially the ongoing trade war, which heavily influences sentiment. If the trade war cools and liquidity rises, investment conditions may improve, and Trump’s crypto-friendly stance could further shape the landscape. If liquidity rises and investor confidence strengthens, bullish momentum may return soon. As such monitoring these global market developments will help navigate upcoming opportunities and risks.