Bitcoin Reclaims the $92k Tag Ahead of Crypto Summit

The crypto market today has made a comeback on its daily chart, with the market cap shooting up 4.89% to reclaim the $3 trillion mark. This bullish move has come ahead of the scheduled Crypto Summit. Despite the moonish numbers, the trade volumes went south by 20.30% since yesterday, highlighting caution among investors. The sentiments being bearish is also evident on the Fear & Greed Index, which stands at 30, cautioning about looming fear in the market.

Bitcoin Price Surges 6.23%

Bitcoin price has made a notable jump of 6.23% since yesterday, to retrieve its $92k milestone. Although the price took a step up, the trading volume dropped to $51.84 billion. BTC price rising up from its 24-hour low of $86,987.02 to current levels around $92k, has instilled faith among short-term traders.

Explore our in-depth Bitcoin Price Prediction 2025, 2026-2030 for insights on BTC’s next big move!

Altcoins Gain Big?

Ethereum price surged by 6.42%, climbing to $2,316.35, while XRP gained 4.02% to hit $2.54. Solana also followed suit, rising 5.52% to $149.98.

Check out our XRP Price Prediction 2025, 2026-2030 to understand XRP’s price trajectory.

Top Gainers

Among the biggest gainers, MOVE recorded an impressive 26.02% jump to $0.4983, followed by ONDO with a gain of +21.94% and Bitcoin Cash with +19.99% price surge. On the losing end, Story IP fell 8.48%, while Mantra OM dipped 1.51%, and XDC Network sank by 0.36%.

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FAQs

1. How much does 1 Bitcoin cost today?

Bitcoin is currently priced at $92,328.10, marking a 6.23% increase in 24 hours.

2. Which token gained the most today?

MOVE token led the market with a 26.02% surge, followed by ONDO and BCH.

3. What is the current market sentiment?

The Fear & Greed Index stands at 30, indicating cautious market sentiment despite today’s rally.

Source: https://coinpedia.org/news/crypto-market-today-06th-march-2025-bitcoin-reclaims-the-92k-tag-ahead-of-crypto-summit/

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