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Cryptocurrency News Articles

Most crypto assets like Bitcoin are capitulating, creating good buy-in points for most

Mar 23, 2025 at 07:02 am

In recent weeks, the cryptocurrency market has undergone several price corrections. Notable assets like Bitcoin, Ethereum, and XRP initially saw their prices soar

Most crypto assets like Bitcoin are capitulating, creating good buy-in points for most

Most crypto assets are capitulating, creating good buy-in points for most. Among the sea of red, Bitcoin, XRP, and Toncoin are the top 3 to watch.

The cryptocurrency market has seen several price corrections in recent weeks. Notable assets like Bitcoin, Ethereum, and XRP initially experienced price rallies but later faced bearish corrections.

Current data shows that the global market capitalization for digital assets decreased by 3.2% in the last 24 hours to reach $2.86 trillion. However, several market experts predict a strong recovery this weekend following President Donald Trump's address at the Digital Asset Summit,

At the event, he urged Congress to pass landmark crypto legislation, which might fuel a new market rally.

Here are the top 3 cryptos to watch in order to capitalize on the returns of a potential bullish market.

🔸Bitcoin (BTC)

Bitcoin remains the top coin in the market, and experts are anticipating a price rally. However, data from crypto tracking platforms shows that BTC is struggling to break through a key resistance level at $90,000.

A Bitcoin rebound could create more opportunities for other cryptocurrencies to experience price gains in the coming weeks.

As we reported earlier this week, Former BitMEX CEO Arthur Hayes predicts a major bullish breakout for BTC. He believes the Federal Reserve might drive this rally with the likelihood of cutting interest rates in the coming weeks.

Consequently, many investors are closely watching to see if Bitcoin gains momentum moving forward.

As of this publication, Bitcoin price was trading at $84,150.66, reflecting a 2% drop in the last 24 hours. Nevertheless, this still marks an improvement compared to earlier this month when Bitcoin hit a low of $76,624.

🔸Ripple (XRP)

The fourth-largest cryptocurrency, XRP, has seen a significant boost after the SEC dropped its appeal against Ripple Labs Inc. This legal victory cleared a major securities hurdle, restoring investor confidence in the cryptocurrency.

As noted in our earlier post, Bitnomial's launch of the first CFTC-regulated crypto futures on XRP in the U.S. also marks a major milestone for the asset. This breakthrough, together with the legal win, could further drive the XRP price upward as market confidence strengthens.

With this positive shift, XRP could be set for further gains, making it one to monitor closely.

As of writing, XRP price was trading at $2.41 after shedding 2% in 24 hours. Despite this, some experts speculate that if all factors align, it could stabilize around $5 before mid-April.

🔸Toncoin (TON)

Toncoin has been one of the few cryptocurrencies to rally despite market uncertainty. A key factor behind its recent surge hinges on the news around Telegram founder Pavel Durov. Durov secured the permission to leave France for Dubai after months of legal complications.

Moreover, the Ton Foundation reported that venture capital firms invested more than $400 million in the TON blockchain. With this, many experts believe that TON is a notable asset to keep an eye on.

Toncoin, the 13th-largest cryptocurrency by market capitalization, is currently being traded at $3.61, showing a decrease of 2.1%. However, its trading volume has increased by 7% in the last 24 hours, reaching $281.36 million.

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Other articles published on Apr 26, 2025