It has been a turbulent weekend for Bitcoin and altcoins. At press time, the total crypto market cap is down 5.5% to $2.79 trillion.
Bitcoin, Ethereum, XRP, and Solana are also sliding, shedding double digits in the last week of trading. The world’s most valuable coin is down 10%, while Ethereum is down 13% in the last week of trading. Meanwhile, XRP and Solana are, on average, weak, losing 20%.
At this valuation, Bitcoin is trending closer to the $78,000 support level, a critical zone that, if broken, could trigger another wave of lower lows toward $50,000. This would force other altcoins, including some of the best coins to buy, to new 2025 lows as sentiment shifts to risk-off.
Explore: Top 20 Best Crypto to Buy Now in March 2025
Why Is Crypto Crashing?
Several key factors are driving the current price slump. From possible liquidity concerns, the harsh trade policies enacted by the Donald Trump administration, and macroeconomic factors, it is tough for crypto projects and holders.
On March 5, tariffs on imports from China were imposed while some tariffs on imports from Mexico and Canada were paused for a month.
The timing of these tariffs has heightened economic uncertainty, forcing businesses to tighten their purse strings as citizens expect extra costs to be passed on, leading to inflationary pressures and, thus, tighter liquidity across financial markets.
Equities fell last week as Trump’s tariffs were imposed. Like equities and top indices, crypto prices fell and will likely extend losses this week as the world closely monitors Trump’s next move.
Beyond the risks of trade tariffs, crypto holders are disappointed by the clarity from David Sacks, the crypto and AI czar, on the crypto and Bitcoin reserve. On March 2, prices spiked, with XRP tracking close to $3 and Bitcoin soaring above $94,000.
The March 7 executive order clarified that no taxpayer funds would be used to buy Bitcoin or any other altcoin for now, dashing investor hopes. Many were hoping the United States would immediately start buying coins to increase their crypto holdings.
DISCOVER: Best Meme Coin ICOs to Invest in March 2025
BTC Bull Trending Amid Market Chaos
As crypto prices weaken, investors are turning to BTC Bull.
The BTC Bull presale is making waves, raising over $3.4 million despite general market weakness.
Investors are pouring in, attracted by its unique model. Unlike other top meme coins to buy, BTC Bull weaves in viral meme culture and the potential of Bitcoin.
Whenever Bitcoin reaches certain price milestones, the project will airdrop free BTC to BTCBULL holders.
Now that the Trump administration is creating a crypto reserve, an initiative other countries are likely to follow, the timing of the BTC Bull presale couldn’t be more strategic.
Presently, BTCBULL is trading for $0.0024, but prices will increase in the next stage. You can buy directly from the homepage, but using the Best Wallet can be another convenient option.
If you buy BTCBULL now, you can stake and receive a 124% APY, earning passive income.
Later on, the project will burn more tokens, making BTCBULL deflationary. A scarce token, coupled with possibly rising Bitcoin prices, could only drive prices higher.
If Bitcoin rises above $250,000, not only will BTCBULL holders receive free BTC, but early adopters who took part in the presale will reap significant rewards.
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