Market update: Crypto shows slight recovery

The crypto market shows cautious recovery on March 24, 2025. The total market value of the 100 largest crypto is up about 3.5 percent today.

Bitcoin itself is gaining about 3.5 percent in value and is currently quoted around US$87,200, good for a market capitalization of US$1.73 trillion. The most notable riser within the top 10 is Solana, up 6.5 percent to nearly $140.

The market remains volatile for now, partly due to global economic uncertainties. Doubts about U.S. interest rate policy, trade conflicts and concerns about stagflation make investors nervous. Just two weeks ago, therefore, billions of dollars flowed out of the crypto market.

Still, there is optimism behind the scenes, especially from Wall Street. You can read more about that in this article: No talk of a crisis: that's how bullish Wall Street is about crypto.

Last week, nearly $700 million also flowed back into Bitcoin spot ETFs and positive signal.

Well-known crypto expert Arthur Hayes is of it convinced that Bitcoin will soon resume its assault toward the $110,000 mark. He predicts that the U.S. central bank (Federal Reserve) will soon make a policy shift: away from "Quantitative Tightening" and back to "Quantitative Easing" to support the economy. This would benefit the crypto market, among others. However, he does expect a correction toward about $76,000 after this rate hike.

One sign that some calm is returning to the crypto market is the Fear & Greed Index - the barometer of sentiment in the sector. It currently stands at 45 points, which is considered neutral. By comparison, the stock market has been labeled "extreme fear" for some time.