πŸ“ƒ Mar 08, 2025 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Trending Down

Over the past 24 hours, the cryptocurrency market has experienced a downward trend. The evidence suggests a decline in prices for major cryptocurrencies such as Bitcoin, Ethereum, and Dogecoin. Negative sentiment has been noticeable, driven by recent events, including an executive order by former President Trump and concerns about the stability of the cryptocurrency market. This downward trend is expected to continue over the next 8 hours, based on market indicators and the overall sentiment.

What is important

Key points to understand about the current state of the cryptocurrency market:
– Prices of major cryptocurrencies like Bitcoin, Ethereum, and Dogecoin have seen a decline over the past 24 hours,
– Negative sentiment is influencing market behavior due to Trump’s executive order and concerns about market stability,
– Market indicators show a continuing downward trend for the next 8 hours,
– It is crucial to monitor the overall market sentiment and news events within the next 8 hours.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘Ž Bitcoin, Ethereum, Dogecoin Fall After TrumpΒ΄s Executive Order On Strategic BTC Reserve: ETH Poised For Rebound As Long As It Stays Above $2,200, Says Analyst
– Bitcoin, Ethereum, and Dogecoin prices dropped following TrumpΒ΄s executive order on a strategic BTC reserve. An analyst noted concerns about the growing stablecoin market.

πŸ‘Ž Bitcoin, Ether, Solana Traders Chase Downside Protection, XRP Stands Out, as TrumpΒ΄s Crypto Plan Disappoints
– Traders seek downside protection as XRP stands out amid disappointment with TrumpΒ΄s crypto plan.

πŸ‘Ž Crypto Analyst Warns Large-Cap Memecoin Could Crash 93%, Outlines Path Forward for Bitcoin, Ethereum and Solana
– A crypto analyst warns of a potential 93% crash for a large-cap memecoin and outlines a path forward for Bitcoin, Ethereum, and Solana.

πŸ‘Ž Solana Co-founder Calls TrumpΒ΄s Bitcoin Order Β΄A ScalpelΒ΄, HereΒ΄s Why
– Solana co-founder criticizes TrumpΒ΄s Bitcoin order as a targeted move, explaining why it is comparable to a scalpel.

πŸ‘Ž Why MSTR Stock Price Crashed 10% After Trump Signed Strategic Bitcoin Reserve Executive Order?
– The MSTR stock price dropped 10% after Trump signed a strategic Bitcoin reserve executive order.

Factors DrivingΒ the Growth – Market Sentiment

The most mentioned positive sentiment keywords include Bitcoin, Coinbase, and Cardano. On the other hand, negative sentiment keywords like Trump, XRP, and crash dominate the news. The market sentiments are clearly influenced by recent events and developments, which shape the overall cryptocurrency narrative.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
23bitcoin
8coinbase
7cardano
5dogecoin
5trump
4binance
4cryptocurrency market
4shiba inu
4xrp
3bullish

Negative Terms – Sentiment Analysis

OccurrencesKeyword
16bitcoin
14trump
13xrp
7garantex
6crash
6dogecoin
6ethereum
5solana
4executive order
4price

Crypto Investor Fear & Greed Index

The Fear and Greed indicators for the cryptocurrency market are in a state of Fear, with values between 25 and 49. This indicates a level of apprehension and caution among investors. It is important to consider these indicators alongside other market factors and news events to gain a comprehensive understanding of the market sentiment.

DateValueVariationSource
2025-03-07 00:00:0034pt9ptAlternative.me
2025-03-06 00:00:0025pt5ptAlternative.me
2025-03-05 00:00:0020pt0ptAlternative.me
2025-03-07 00:00:0034pt9ptBitDegree.org
2025-03-06 00:00:0025pt5ptBitDegree.org
2025-03-05 00:00:0020pt0ptBitDegree.org
2025-03-07 16:00:0029pt1ptBtcTools.io
2025-03-07 08:00:0028pt-4ptBtcTools.io
2025-03-07 00:00:0032pt3ptBtcTools.io
2025-03-06 16:00:0029pt-5ptBtcTools.io
2025-03-06 08:00:0034pt3ptBtcTools.io
2025-03-06 00:00:0031pt2ptBtcTools.io
2025-03-05 16:00:0029pt2ptBtcTools.io
2025-03-05 08:00:0027pt-1ptBtcTools.io
2025-03-05 00:00:0028pt0ptBtcTools.io
2025-03-07 00:00:0030pt0ptCoinstats.app
2025-03-06 00:00:0025pt0ptCoinstats.app
2025-03-06 00:00:0030pt5ptCoinstats.app
2025-03-05 00:00:0025pt0ptCoinstats.app

Bitcoin: Active Addresses

Bitcoin address indicators show fluctuations in the number of total addresses, zero balance addresses, and addresses with various balance thresholds. These indicators provide insights into the activity and distribution of Bitcoin addresses, which can be essential for understanding market dynamics and user behavior within the Bitcoin network.

DateAddressesVariationIndicatorSource
2025-03-07 23:00:001,379,614,1520.00%Total Addressesbitaps.com
2025-03-07 23:00:001,327,055,4350.00%Zero Balance Addressesbitaps.com
2025-03-07 23:00:00838,6792.35%Bitcoin Active Addressesbtc.com
2025-03-07 23:00:00540,2200.00%Addresses with over 0bitaps.com
2025-03-07 23:00:00219,2270.00%Addresses with over 0.0000001bitaps.com
2025-03-07 23:00:004,027,3900.00%Addresses with over 0.000001bitaps.com
2025-03-07 23:00:0010,734,7370.00%Addresses with over 0.00001bitaps.com
2025-03-07 23:00:0013,079,5770.01%Addresses with over 0.0001bitaps.com
2025-03-07 23:00:0011,566,9860.00%Addresses with over 0.001bitaps.com
2025-03-07 23:00:007,918,474-0.17%Addresses with over 0.01bitaps.com
2025-03-07 23:00:003,476,1450.00%Addresses with over 0.1bitaps.com
2025-03-07 23:00:00843,5390.00%Addresses with over 1bitaps.com
2025-03-07 23:00:00134,4350.00%Addresses with over 10bitaps.com
2025-03-07 23:00:0015,9330.01%Addresses with over 100bitaps.com
2025-03-07 23:00:001,958-0.05%Addresses with over 1,000bitaps.com
2025-03-07 23:00:00920.00%Addresses with over 10,000bitaps.com
2025-03-07 23:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

Economic events in the global financial market play a significant role in influencing the cryptocurrency market. The impact of these events can vary from moderate to high, affecting different aspects such as speculative net positions and employment data. Traders and investors should stay informed about upcoming events to anticipate potential market movements.

DateImpactEvent
2025-03-07 20:30:00ModerateEUR – CFTC EUR speculative net positions
2025-03-07 20:30:00ModerateJPY – CFTC JPY speculative net positions
2025-03-07 20:30:00ModerateBRL – CFTC BRL speculative net positions
2025-03-07 20:30:00ModerateAUD – CFTC AUD speculative net positions
2025-03-07 20:30:00ModerateUSD – CFTC S&P 500 speculative net positions
2025-03-07 20:30:00ModerateUSD – CFTC Nasdaq 100 speculative net positions
2025-03-07 20:30:00ModerateUSD – CFTC Gold speculative net positions
2025-03-07 20:30:00ModerateUSD – CFTC Crude Oil speculative net positions
2025-03-07 20:30:00ModerateGBP – CFTC GBP speculative net positions
2025-03-07 20:15:00ModerateGBP – BoE MPC Member Mann Speaks
2025-03-07 20:00:00ModerateUSD – Consumer Credit (Jan)
2025-03-07 18:30:00HighUSD – U.S. President Trump Speaks
2025-03-07 18:00:00ModerateUSD – U.S. Baker Hughes Total Rig Count
2025-03-07 18:00:00ModerateUSD – U.S. Baker Hughes Oil Rig Count
2025-03-07 17:30:00HighUSD – Fed Chair Powell Speaks
2025-03-07 16:00:00HighUSD – Fed Monetary Policy Report
2025-03-07 15:45:00ModerateUSD – FOMC Member Williams Speaks
2025-03-07 15:15:00ModerateUSD – FOMC Member Bowman Speaks
2025-03-07 15:00:00ModerateGBP – BoE MPC Member Mann Speaks
2025-03-07 13:30:00ModerateCAD – Employment Change (Feb)
2025-03-07 13:30:00HighUSD – Unemployment Rate (Feb)
2025-03-07 13:30:00ModerateUSD – U6 Unemployment Rate (Feb)
2025-03-07 13:30:00ModerateUSD – Private Nonfarm Payrolls (Feb)
2025-03-07 13:30:00ModerateUSD – Participation Rate (Feb)
2025-03-07 13:30:00HighUSD – Nonfarm Payrolls (Feb)
2025-03-07 13:30:00HighUSD – Average Hourly Earnings (MoM) (Feb)
2025-03-07 13:30:00ModerateUSD – Average Hourly Earnings (YoY) (YoY) (Feb)
2025-03-07 13:30:00HighEmployment Situation Average Workweek
2025-03-07 13:30:00HighEmployment Situation Private Payrolls – M/M
2025-03-07 13:30:00HighEmployment Situation Nonfarm Payrolls – M/M
2025-03-07 13:30:00HighEmployment Situation Average Hourly Earnings – M/M
2025-03-07 13:30:00HighEmployment Situation Average Hourly Earnings – Y/Y
2025-03-07 13:30:00HighEmployment Situation Manufacturing Payrolls – M/M
2025-03-07 13:30:00HighEmployment Situation Unemployment Rate
2025-03-07 13:30:00HighEmployment Situation Participation Rate
2025-03-07 12:00:00ModerateBRL – GDP (QoQ) (Q4)
2025-03-07 12:00:00ModerateBRL – GDP (YoY) (Q4)
2025-03-07 10:00:00ModerateEUR – GDP (QoQ) (Q4)
2025-03-07 10:00:00ModerateEUR – GDP (YoY) (Q4)
2025-03-07 10:00:00ModerateGBP – Mortgage Rate (GBP) (Feb)
2025-03-07 09:40:00ModerateEUR – German Buba Vice President Buch Speaks
2025-03-07 09:30:00ModerateGBP – Mortgage Rate (GBP) (Feb)
2025-03-07 09:30:00ModerateEUR – ECB President Lagarde Speaks
2025-03-07 09:30:00ModerateEUR – German Buba President Nagel Speaks
2025-03-07 07:00:00ModerateEUR – German Factory Orders (MoM) (Jan)
2025-03-07 07:00:00ModerateGBP – Halifax House Price Index (MoM) (Feb)
2025-03-07 07:00:00ModerateGBP – Halifax House Price Index (YoY) (Feb)
2025-03-07 03:20:00ModerateCNY – Trade Balance (USD) (Feb)
2025-03-07 03:20:00ModerateCNY – Imports (YoY) (Feb)
2025-03-07 03:20:00ModerateCNY – Exports (YoY) (Feb)
2025-03-07 03:16:41ModerateCNY – Trade Balance (USD) (Feb)
2025-03-07 03:16:08ModerateCNY – Imports (YoY) (Feb)
2025-03-07 03:16:08ModerateCNY – Exports (YoY) (Feb)
2025-03-07 03:00:40ModerateCNY – Imports (YoY) (Feb)
2025-03-07 03:00:30ModerateCNY – Exports (YoY) (Feb)
2025-03-07 03:00:00ModerateCNY – Trade Balance (USD) (Feb)
2025-03-07 03:00:00ModerateCNY – Imports (YoY) (Feb)
2025-03-07 03:00:00ModerateCNY – Exports (YoY) (Feb)
2025-03-07 00:00:00ModerateUSD – FOMC Member Bostic Speaks

Crypto Assets Prices

The prices of major cryptocurrencies have experienced fluctuations over the past 24 hours. Bitcoin, Ethereum, and other cryptocurrencies have shown a downward trend influenced by negative sentiment, executive orders, and other market factors. The prices are responding to news events and overall market sentiment, making it crucial to closely monitor these factors for a comprehensive understanding of price movements.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-03-07 23:38:00Bitcoin86,464.50-4.68%-3.86-3.75%7.812.15%
2025-03-06 23:38:00Bitcoin90,506.77-0.06%-0.11-3.87%5.660.34%
2025-03-05 23:38:00Bitcoin90,563.683.55%3.762.45%5.33-3.84%
2025-03-07 23:38:00Ethereum2,131.50-3.75%-3.21-1.86%7.450.88%
2025-03-06 23:38:00Ethereum2,211.41-1.25%-1.35-4.45%6.571.08%
2025-03-05 23:38:00Ethereum2,239.003.14%3.112.20%5.50-5.98%
2025-03-07 23:38:00Binance Coin591.73-1.06%-0.80-0.75%5.711.69%
2025-03-06 23:38:00Binance Coin597.99-0.03%-0.04-2.47%4.02-0.37%
2025-03-05 23:38:00Binance Coin598.162.57%2.421.26%4.39-3.28%

CryptocurrencyΒ Capitalization and Volume

The market capitalizations and volumes of major cryptocurrencies have seen changes over the past 24 hours, driven by market movements and sentiment. These changes can impact the overall market dynamics, liquidity, and investor behavior. Understanding these trends and their implications can assist traders and investors in making informed decisions.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-03-07 00:00:00Binance Coin86,876,971,570-0.63%838,921,01113.58%
2025-03-06 00:00:00Binance Coin87,423,665,2142.78%738,614,173-42.84%
2025-03-05 00:00:00Binance Coin85,062,240,4981.58%1,292,177,226-13.69%
2025-03-07 00:00:00Bitcoin1,783,490,195,339-0.91%49,531,294,292-4.42%
2025-03-06 00:00:00Bitcoin1,799,831,157,2994.12%51,821,198,123-24.95%
2025-03-05 00:00:00Bitcoin1,728,654,955,8191.45%69,050,867,294-4.91%
2025-03-07 00:00:00Ethereum265,434,802,271-1.92%19,839,463,413-10.69%
2025-03-06 00:00:00Ethereum270,624,229,4233.53%22,214,581,114-37.05%
2025-03-05 00:00:00Ethereum261,401,811,3200.92%35,291,756,9685.59%
2025-03-07 00:00:00Tether142,714,377,8160.16%68,899,510,8859.02%
2025-03-06 00:00:00Tether142,492,244,5300.02%63,199,419,363-1.69%
2025-03-05 00:00:00Tether142,463,293,7580.09%64,289,032,804-1.37%

Cryptocurrency Exchanges Volume and Variation

Major cryptocurrency exchanges have faced varying trading volumes and capitalizations in the last 24 hours. Their performance can reflect market trends, investor sentiment, and trading activities. Monitoring these exchanges is crucial as it provides insights into market liquidity and potential short-term market movements.

DateExchangeVolumeVariation
2025-03-07 00:00:00Binance250,355-2.03%
2025-03-06 00:00:00Binance255,532-35.05%
2025-03-05 00:00:00Binance393,420-7.86%
2025-03-07 00:00:00Binance US128-15.79%
2025-03-06 00:00:00Binance US152-36.40%
2025-03-05 00:00:00Binance US239-10.82%
2025-03-07 00:00:00Bitfinex2,137-31.13%
2025-03-06 00:00:00Bitfinex3,103-52.17%
2025-03-05 00:00:00Bitfinex6,48819.93%
2025-03-07 00:00:00Bybit34,9516.16%
2025-03-06 00:00:00Bybit32,923-40.63%
2025-03-05 00:00:00Bybit55,455-6.43%
2025-03-07 00:00:00Coinbase44,878-10.19%
2025-03-06 00:00:00Coinbase49,972-36.80%
2025-03-05 00:00:00Coinbase79,0742.49%
2025-03-07 00:00:00Crypto.com54,8791.25%
2025-03-06 00:00:00Crypto.com54,201-48.47%
2025-03-05 00:00:00Crypto.com105,18214.24%
2025-03-07 00:00:00Gate.io38,274-16.42%
2025-03-06 00:00:00Gate.io45,791-39.69%
2025-03-05 00:00:00Gate.io75,9293.67%
2025-03-07 00:00:00Kraken15,461-3.18%
2025-03-06 00:00:00Kraken15,968-31.99%
2025-03-05 00:00:00Kraken23,478-0.06%
2025-03-07 00:00:00KuCoin12,45510.00%
2025-03-06 00:00:00KuCoin11,323-44.22%
2025-03-05 00:00:00KuCoin20,3007.30%
2025-03-07 00:00:00OKX41,878-0.13%
2025-03-06 00:00:00OKX41,933-38.59%
2025-03-05 00:00:00OKX68,282-6.49%

Mining – Blockchain Technology

The mining landscape of major cryptocurrencies has experienced changes in difficulty, blocks, rewards, and hash rate. These indicators reveal shifting computational capacity, network dynamics, and potential impact on the supply and security of each cryptocurrency. Understanding mining trends is important for miners, investors, and those interested in the overall network health.

Item2025-03-072025-03-062025-03-052025-03-042025-03-032025-03-022025-03-01
Difficulty110.57T110.57T110.57T110.57T110.57T110.57T110.57T
Difficulty Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Blocks886.65K886.48K886.35K886.21K886.06K885.93K885.78K
Blocks Variation0.02%0.02%0.02%0.02%0.01%0.02%0.02%
Reward BTC3.133.133.133.133.133.133.13
Reward BTC Variation0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Hash Rate GB934.82B742.01B791.48B830.22B698.36B791.48B852.58B
Hash Rate GB Variation25.98%-6.25%-4.67%18.88%-11.76%-7.17%3.41%

Conclusion

In conclusion, the cryptocurrency market is currently trending down, driven by negative sentiment, recent events, and overall market dynamics. The current state suggests a cautious and apprehensive sentiment among investors. Market participants should closely monitor news events, sentiment indicators, market capitalizations, and mining trends to gain insights and make informed decisions.

So What

The current state of the cryptocurrency market and the downward trend observed have practical implications for traders, investors, and individuals involved in the market. It is essential to exercise caution, stay informed about news events, and consider risk management strategies to navigate the current market conditions effectively.

What next?

In the near future, it is important to anticipate further market developments and closely monitor news events, sentiment indicators, and market capitalizations. The cryptocurrency market exhibits volatility and responsiveness to news events, making it crucial to stay updated and adapt to changing market conditions.

Disclaimer – Informational Content, Not Investment Advice

Content provided herein is solely for informational purposes and should not be construed as a recommendation, endorsement, or suggestion to engage in any form of investment activity. The information presented in this post is not intended to serve as financial, legal, tax, or investment advice.

About the Author: CryptoTrends Team

With over five years of diving deep into cryptocurrencies and blockchain, we’ve cemented our position as experts in the digital currency realm. Our team has not only contributed to a multitude of pioneering blockchain projects but has also enlightened thousands with our incisive articles CryptoTrends. Always at the cutting edge of crypto trends, we proudly collaborate with CryptoBotStation, ensuring our readers stay one step ahead in this dynamic space.

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