News View Non-AMP

Why Crypto Is Crashing Today: Will Crypto Summit 2025 Ignite a Bull Run?

Published by
Shrishesh Tanksalkar

The crypto market today has been struggling through the rough winds, amidst liquidity concerns, and CME gaps. The turbulence has led to the market cap of the business sinking by 10.62% to $2.75 trillion. Investors are now hopeful of the “Crypto Summit” scheduled on March 07th, to ignite a bull run.

Bitcoin Price Now Stands at $84k!

Market dominance comes at a cost, and Bitcoin has taken the brunt of the larger market turmoil. After dropping to a 24-hour low of $82,467.24 from its intraday peak of 93,664.05, BTC is currently changing hands at $84,033.44. The 9% price spike, despite the $1 billion liquidations, entrusts hope of Bitcoin’s comeback in the very short term. Talking about other metrics, BTC’s market cap currently stands at $1.84 trillion, with daily volumes spiking up by 14.15% to $76.01 billion.

For a sneak peek into BTC’s future price, read our Bitcoin Price Prediction 2025, 2026-2030!

Altcoins Tumble Amid Strong Headwinds

Ethereum has faced a steep price drop of 13.95%, with a face value of $2,101.58. And Ethereum’s direct rivals Solana and XRP have also taken heavy hits, losing 18.86% and 16.55%, respectively. 

Interested in decoding XRP’s future price trend? Check out our Ripple (XRP) Price Prediction 2025, 2026-2030!

Top Gainers:

  • PI: +3.49% to $1.74
  • XAUt: +0.94% to $2,883.68
  • PAXG: +0.79% to $2,888.99

Top Losers:

  • Sonic: -24.37% to $0.544
  • ADA: -23.79% to $0.8114
  • TRUMP: -22.83% to $12.36

Subscribe to us, for timely updates on crypto news and crypto prices!

FAQs

How much does 1 BTC cost today?

At the time of writing, 1 Bitcoin is trading at $84,033.44.

Which tokens have surged the highest today?

Pi, XAUt, and PAXG have recorded the highest gains today, rising by 3.49%, 0.94%, and 0.79%, respectively.

How has Ethereum performed today?

Ethereum price has dropped 13.95% in the past 24 hours, trading at $2,101.58.

Shrishesh Tanksalkar

Shrishesh is a versatile writer with 2+ years of experience in cryptocurrencies. An engineer turned storyteller, this selective introvert is a wannabe biker on weekends.

Recent Posts

Why Crypto Market is Down Today? Trump’s Tariff Shock Sparks 4.5% Crash

After a strong start to the week, market sentiment took a sharp turn as traders…

July 8, 2025

US Crypto Report Set for July 22, Eyes Bitcoin Reserve Without Taxpayer Burden

The Trump administration is taking another big step toward making the U.S. a global leader…

July 8, 2025

Charles Hoskinson Proposes Cardano Treasury with $ADA and Top Native Tokens

The co-founder of Cardano, Charles Hoskinson, has come up with an ecosystem treasury plan. This…

July 8, 2025

U.S. Prepares for Crypto Week: Full Agenda and Top 3 Bills Revealed!

All eyes in crypto are on Washington. For the first time, US lawmakers are rolling…

July 8, 2025

Bitcoin Price Prediction: Bid-Ask Spread Tightens-Here What it Means for the BTC Price Rally

Bitcoin price has surged significantly throughout the past week and closed the weekly trade on…

July 8, 2025

SEI vs Ripple XRP: Which Altcoin Will Skyrocket in 2025?

The crypto market is slowly waking up, and while big price jumps haven’t hit most…

July 8, 2025