Crypto Market Update (March 15): Bitcoin Reclaims $84K in 24 Hours— ETH, XRP, SOL, DOGE, SHIBA Surge?

Today’s crypto market is thriving with positive sentiments, mainly because of Bitcoin price recovery as it reclaims the $84K level. The simultaneous price increases and strong performances from Ethereum (ETH), Ripple (XRP), and Solana (SOL) suggest an incoming bullish market phase. The memecoins market also experienced substantial gains, as Dogecoin and Shiba Inu experienced over 2% price increases. 

A significant increase in crypto market trading volume today pushed global market capitalization to $2.75 trillion with nearly 3% growth. Bitcoin (BTC) maintained a pivotal position in this market growth when it reached above $84K in 24 hours and sustained its value within that range. The market stabilized after liquidations decreased by 23%, which prompted the current rise. Ethereum (ETH), Ripple (XRP), and Solana (SOL) posted remarkable price growth. ETH experienced a 2% increase, XRP gained 4.7%, and SOL surged 8%. Market indicators demonstrate strong recovery signals, which suggest increasing momentum.

Bitcoin Breaks Above $84K – Bull Market Ahead?

Bitcoin maintains its top position in the market, with its dominance now at 60.88% following a slight increase. Bitcoin’s live price is $84,247, representing a 3% increase over the last 24 hours. BTC reached a low point of $81,771.76 before climbing to a high of $85,263.29, demonstrating robust intraday trading momentum. Despite previous macroeconomic difficulties, Bitcoin’s price surged, giving a hopeful signal to investors worried about financial decline. The recent Bitcoin price recovery is prompting altcoins to start following its upward trend, which shows positive signs of growth throughout the entire market.

Chart 1- BTC / USD Live Price, published on TradingView, March 15, 2025.

Ethereum’s Market Dominance and Price Performance

Ethereum climbed 2% today and its live price is $1,925, clearly showing new upward momentum. During the day, the Ethereum price fluctuated between $1,883.69 and $1,945.09, demonstrating a continuous upward movement. Its market share has grown, yet its 8.4% dominance reveals fierce competition with different assets like Solana and XRP. Even with a 35% decrease in trading volume compared to previous days, Ethereum’s price experienced a rise as of March 15, which proves its strong market position. 

Chart 2- ETH/ USD Live Price, published on TradingView, March 15, 2025.

XRP, Solana, and Meme Coins Surge

XRP is traded at $2.43 after a 6% price jump, ranging between $2.28 and $2.44 throughout the day. The price surge resulted primarily from market anticipation about the approval of an XRP ETF. The broader market trend pushed Solana’s price upward by 8% to $135. The upward trend benefited meme coins as well, where Dogecoin increased by almost 2%, Shiba Inu jumped by more than 3%, and Pepe Coin rose by 3%. The current market condition demonstrates an increasing excitement for digital assets throughout the industry.

The crypto market sparked fresh investor confidence, mainly because of Bitcoin price recovery today. Traders expect more gains as altcoins perform well in current trade. Bitcoin’s price surge and Ethereum’s market dominance built strong trust in the crypto market today as of March 15, 2025. Hence, many investors believe that the current crypto market holds promising prospects for the future.