Crypto Market Today (March 22, 2025): BTC Up 0.4%, ETH Gains 1.9%, & Dogecoin Leads Altcoin Surge!

As we enter the weekend, the crypto market is signalling a calm and unexciting couple of days. In the crypto market today, March 22, we saw a small bump in BTC value and a decrease in its trading volume. ETH price increased, and the general altcoins market was also quiet, with DOGE, SHIB and XRP growing in price slightly. Dogecoin saw the biggest daily uptrend among these altcoins. At the same time, Ripple is showing the largest seven-day increase in value.

Crypto Market on Pause: Behind Bitcoin’s Calm  

The crypto market today was uneventful as most prices remained the same or had a slight increase. This market slump can be attributed to the recent market crashes and failed rallies. Based on recent reports, some crypto investors are now putting most of their liquidity in stablecoins. This shows that some investors now have picked the wait-and-see approach as their trading strategy. With this, market consolidation is natural and likely will continue until a major event.

Chart 1 – Provided by Coingecko, published on Coingekco, March 22, 2025.

According to Chart 1, as of writing this, Bitcoin is trading at $84,355 with a 0.4% price increase. Additionally, the 24-hour range of price movement for the top crypto is from $83,238.78 to $84,492.20. BTC’s current value shows an approximately 23% decrease from its all-time high of $109,000. Bitcoin reached this ATH on January 20, amid Trump’s inauguration, marking this significant fall in value in over 60 days. The current market capitalisation stands at $1,673,634,248, and the 24-hour trading volume is at $15,512,336. 

Ethereum Shows Growth, But ETF Outflows Raise Concerns

In the crypto news today, we can see the second largest crypto by market cap, Ethereum, is in the green. However, the recent streak of outflows in the Spot Ethereum exchange-traded funds has been creating doubts among investors. As of today, March 22, the ETF market for Ethereum has seen 12 weeks of losses. These consecutive withdrawals have accumulated into more than $370 million of outflows.

Chart 2 – Provided by Coingecko, published on Coingekco, March 22, 2025.

Based on Chart 2, Ethereum is trading at $1,996 and has seen a 1.9% value increase today. Moreover, ETH has experienced a 6.5% weekly price increase. However, this marks a 59.0% price decrease from its all-time high of  $4,878 on Nov 10, 2021. This crypto still boasts its status as the second-largest crypto, with a $240,815,451 market capitalisation. Additionally, the 24-hour price movement of this coin has been recorded to be between $1,938 and $2,002. 

DOGE, SHIB, and XRP: Altcoins Experience Minor Growth

In the Altcoin sector, we also saw slight value growth for Dogecoin, Shiba Inu, and Ripple. DOGE saw a 1.2% value increase and reached $0.1689, also achieving a 2.8% weekly increase. However, this meme coin’s value is 76.9% lower than its all-time high of  $0.7316. SHIB value also increased, reaching $0.0000127 per coin, recording a 0.5% daily growth and 5.4% weekly. Lastly, XRP is currently trading at $2.39, with a 0.5% daily growth and a 10.8% weekly increase.

What’s Next for These Coins in the Coming Days?

In crypto news today, we also have some predictions for the next week. Based on market data, recently, the DOGE market has been dominated by sellers. As such, bulls have not been able to break resistance, making it likely for prices to drop next week. XRP is also struggling and has been stuck behind the 50-day Exponential Moving Average (EMA). If it breaks this resistance, it will likely reach $2.50, which is the next resistance. SHIB’s price has been moving in a narrow range near $0.0000125, which shows investors’ indecisiveness. So, the next big catalyst will likely determine the next move.