Bitcoin Today 03/01/2025: BTC Trades Above $96K as ADA Continues 12% Rally
The price of Bitcoin Today 03/01/2025 is showing significant stabilization in the last 24 hours, which has kept the asset above the US$ 96 thousand zone. The cryptocurrency market today is showing considerable increases in asset prices, with emphasis on the ADA token, from Cardano , which is following a rally of over 12% for the second consecutive day.
Yesterday, Bitcoin traded as low as $95.911 before beginning its upward movement and peaking at $97.723, according to market data. At the time of publication, the price of Bitcoin was quoted at $96.613,35, down 0.1% over the last 24 hours, equivalent to approximately R$596,876.98 BRL and €93,837.51 EUR.
Source: TradingViewCardano saw a 12% price surge today and is leading the gains among major cryptocurrencies. In its weekly development, the asset has seen a gain of over 20%. At the time of publication, Cardano’s price is trading at $1,08 and is up 11.6% in the last 24 hours.
While analyzing the price action of ADA, renowned cryptocurrency analyst, Ali Martinez, observed that the asset is forming a pattern seen in the last cycle, suggesting a strong bullish momentum soon. “Cardano $ADA is forming like the last cycle, making me think a big move is coming. A push to $4 could happen within a few weeks!” he wrote.
In the same vein, following Bitcoin’s recent movement, most major cryptocurrencies are showing significant recoveries in their prices in the last 24 hours. Ethereum is trading at $3.462,72 with a 0.2% drop in its price. XRP is trading at $2,42 with a 0.5% increase. Solana is up 2.8% and is trading at $214,20.
Given the considerable recovery of the cryptocurrency market today, several tokens are showing considerable increases, such as: HBAR, DOT, ICP, TAO, XRM, ALGO, among others.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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