Crypto prices today (March 5): The broader market embarked on a recovery-like path on Wednesday, digesting trade-war tensions post-commencement of new U.S. import tariffs on Canada, Mexico, and China. Bitcoin (BTC) price gained over 4% intraday and exchanged hands at the $87K level. Whilst Ethereum (ETH), XRP, and Solana (SOL) prices witnessed a 4%-7% uptick intraday. The recovery-like trend after a massive bloodbath across the sector sparked substantial investor optimism in light of the latest market statistics.
Crypto Prices Today: BTC, ETH, XRP, SOL Wipe Out Recent Losses
The crypto market gained nearly 4.5% over the past day, as indicated by a market cap of $2.89 trillion. Further, liquidations also cooled down after hitting the $1 billion mark yesterday, resting below $500 million as per Coinglass data. As an upshot, the market appears to have digested Donald Trump’s import tariff news, which presented major heat to prices amid speculations of a global trade wars.
BTC Price Regains $87K
BTC price soared nearly 4% in the past 24 hours and exchanged hands at $87,400. The flagship coin hit an intraday bottom and peak of $81,529.24 and $88,911.27 in the past 24 hours. Notably, Bitcoin soars alongside Japanese giant Metaplanet acquiring 497 BTC, worth $43.9 million, underscoring buying pressure on the asset.
ETH Price Surges 4%
ETH price gained over 4% today and exchanged hands at $2,159. The coin bottomed and peaked at $1,996.77 and $2,220.36 in the past 24 hours. It’s noteworthy that U.S. President Trump currently holds over $500 million worth of Ethereum, as spotlighted by renowned trader Crypto Rover on X. This data has ignited investor optimism on the asset’s future potential amid a crypto reserve announcement in the U.S.
XRP Price Pumps 7%
XRP price gained nearly 7% in the past 24 hours and closed in at $2.44. The coin hit a low and a high of $2.29 and $2.52 intraday. Ripple’s native crypto wiped out previous losses amid whales accumulating 1 billion XRP during the recent market dip.
SOL Price Crosses $140
Simultaneously, SOL price traded at $142, up nearly 5% over the day. Solana bottomed and peaked at $131.57 and $146.40 in the past 24 hours. The coin rises in tandem with the broader market trend on Tuesday.
Meme Crypto Prices Today
Dogecoin (DOGE) price shot up by 4% and rested at $0.1995. Shiba Inu (SHIB) price followed, up 3% to $0.00001293. Pepe Coin (PEPE) price also gained nearly 1% to $0.000006945.
Top Gainer Crypto Prices Today
Aave (AAVE)
Price: $209.19
24-Hour Gains: +21%
The coin’s price soars alongside the Aave community’s new proposal to improve the ecosystem’s economic framework, which encompasses advancing revenue distribution, staking incentives, and liquidity management.
Cardano (ADA)
Price: $0.9335
24-Hour Gains: +17%
Cardano price primarily soars alongside Donald Trump revealing plans to include ADA in U.S. crypto reserve.
Bitcoin Cash (BCH)
Price: $345.36
24-Hour Gains: +14%
BCH price soars alongside Bitcoin’s price recovery today.
Top Loser Crypto Prices Today
dogwifhat (WIF)
Price: $0.5656
24-Hour Loss: -6%
Worldcoin (WLD)
Price: $0.952
24-Hour Loss: -5%
Optimism (OP)
Price: $0.9263
24-Hour Loss: -3%
In conclusion, the crypto market showcased positive signs after a bloodbath, indicating that potential gains lie ahead despite the previous macro heat and liquidity setbacks.
The post Crypto Prices Today (Mar 5): BTC Rebounds To $87K; ETH, SOL, XRP Reverse Losses appeared first on CoinGape.
