πŸ“ƒ Mar 13, 2025 – ASIA Cryptocurrency Market 8h Daily Trend Forecast

Crypto Market Analysis & Trend: Neutral/Trending Down

Over the past 8 hours, the cryptocurrency market has experienced a mixed and somewhat bearish sentiment. While there have been positive developments such as the registration of Coinbase with India’s FIU and the US Treasury targeting Bitcoin and XRP growth, they were overshadowed by negative news like the arrest of Garantex co-founder Aleksej Besciokov by Indian authorities and the drop in Ethereum’s price below its realized value. This combination resulted in a slightly negative market sentiment.

In terms of market indicators, both the Fear and Greed Indicators and the Bitcoin Address Indicators point towards a mixed sentiment as well. The Fear and Greed Indicators show a range of fear and greed levels, indicating indecisiveness among market participants. The Bitcoin Address Indicators reflect an increase in active addresses and some variation in the quantity of addresses based on balance values.

Looking at the economic events, the most significant news was the US Congress pushing back against IRS crypto rules, which is considered a major win for digital assets. However, some events such as the BlackRock CEO issuing a serious warning about a potential crypto price sell-off and the negative MVRV levels in Ethereum contribute to the overall caution in the market.

Examining the prices, Bitcoin has been relatively stable, with a moderate positive variation, while Ethereum has seen a slight positive variation despite notable fluctuations. The market capitalizations and volumes of major cryptocurrencies have shown a downward trend, though certain exchanges have experienced higher volumes and positive backing.

Based on these indicators and market developments, it is evident that the cryptocurrency market is currently in a state of uncertainty and some degree of bearish sentiment. However, it is crucial to approach this analysis with caution, as the cryptocurrency market is highly volatile and subject to rapid changes in a short time frame.

This analysis is based on the most recent available data and should be taken as an informational assessment, not financial advice. It is recommended that investors and market participants conduct further research and analysis before making any trading or investment decisions.

What is important

In the current state of the cryptocurrency market, it is essential to consider multiple factors. The market has shown mixed sentiments, with positive developments such as the US Treasury targeting Bitcoin and XRP growth and Coinbase resuming crypto trading services in India. However, negative news, including the arrest of Garantex co-founder Aleksej Besciokov and the drop in Ethereum’s price below its realized value, have impacted overall sentiment. Market indicators, including Fear and Greed Indicators and Bitcoin Address Indicators, also contribute to the cautious market atmosphere.

Additionally, economic events such as Congress pushing back on IRS crypto rules and the recent fluctuations in prices and market capitalizations should be taken into account when assessing the market’s current state. Overall, it is important to be aware of the volatility and rapidly changing dynamics of the cryptocurrency market.

Top 5 – Latest Headlines & Cryptocurrency News

πŸ‘ US Treasury Targets Bitcoin And XRP Growthβ€”Big Win For Crypto?
– The US Treasury targeting Bitcoin and XRP growth is considered a big win for the crypto market.

πŸ‘ Coinbase Registers with IndiaΒ΄s FIU, Will Resume Crypto Trading Services After 2 Years
– Coinbase registers with IndiaΒ΄s FIU to resume crypto trading services after a 2-year hiatus.

πŸ‘Ž Garantex co-founder Aleksej Besciokov arrested by Indian authorities: report
– Garantex co-founder Aleksej Besciokov was reportedly arrested by Indian authorities.

πŸ‘ Bitcoin, Ethereum on a single DeFi layer? StarknetΒ΄s new plan, revealed
– StarkNet is set to join Bitcoin and Ethereum on a unified DeFi layer, reshaping the crypto landscape.

πŸ‘Ž Garantex operator arrested in India as part of crackdown on sanctioned crypto exchange
– Garantex operator arrested in India as part of crackdown on sanctioned crypto exchange.

Factors DrivingΒ the Growth – Market Sentiment

The analysis of positive and negative keywords provides insights into the sentiment surrounding the cryptocurrency market. Positive keywords such as ‘bitcoin,’ ‘coinbase,’ and ‘investment’ indicate positive developments and market activities. On the other hand, negative keywords including ‘arrested,’ ‘bearish,’ and ‘cryptocurrency market’ highlight negative sentiment and concerns. By analyzing these keywords, it becomes evident that the market sentiment is influenced by a combination of positive and negative factors.

Positive Terms – Sentiment Analysis

OccurrencesKeyword
35bitcoin
10binance
7ethereum
6$2 billion
6investment
5abu dhabi
5btc
5coinbase
5mgx
5starknet

Negative Terms – Sentiment Analysis

OccurrencesKeyword
10bitcoin
9ethereum
5cryptocurrency market
5garantex
4arrested
4cbdcs
4dogecoin
3aleksej besciokov
3bearish
3bitcoin price

Crypto Investor Fear & Greed Index

Looking at the Fear and Greed Indicators, the market sentiment is in a state of uncertainty. The indicators range from extreme fear to greed, indicating indecisiveness among market participants. While there are positive factors contributing to enthusiasm, concerns such as the negative news and bearish sentiment impact the overall market sentiment. It is essential to consider these fear and greed levels in the context of other market indicators and developments.

DateValueVariationSource
2025-03-12 00:00:0024pt0ptAlternative.me
2025-03-12 00:00:0034pt10ptAlternative.me
2025-03-11 00:00:0020pt0ptAlternative.me
2025-03-11 00:00:0024pt4ptAlternative.me
2025-03-10 00:00:0020pt-7ptAlternative.me
2025-03-10 00:00:0027pt0ptAlternative.me
2025-03-12 00:00:0024pt4ptBitDegree.org
2025-03-11 00:00:0020pt0ptBitDegree.org
2025-03-10 08:00:0020pt-7ptBitDegree.org
2025-03-10 00:00:0027pt0ptBitDegree.org
2025-03-12 16:00:0029pt-3ptBtcTools.io
2025-03-12 08:00:0032pt-1ptBtcTools.io
2025-03-12 00:00:0033pt3ptBtcTools.io
2025-03-11 08:00:0030pt4ptBtcTools.io
2025-03-11 00:00:0026pt-3ptBtcTools.io
2025-03-10 16:00:0029pt-2ptBtcTools.io
2025-03-10 08:00:0031pt1ptBtcTools.io
2025-03-10 00:00:0030pt0ptBtcTools.io
2025-03-12 00:00:0015pt0ptCoinstats.app
2025-03-12 00:00:0019pt4ptCoinstats.app
2025-03-11 00:00:0015pt-2ptCoinstats.app
2025-03-11 00:00:0017pt0ptCoinstats.app
2025-03-10 00:00:0017pt-7ptCoinstats.app
2025-03-10 00:00:0024pt0ptCoinstats.app

Bitcoin: Active Addresses

Analyzing the Bitcoin Address Indicators, it is clear that there has been an increase in active addresses, indicating higher participation in the network. However, the variations in addresses based on balance values also suggest some level of instability. This could be attributed to market factors, profit-taking, or shifts in investment strategies. It is crucial to monitor these address indicators in conjunction with other market trends to gain a comprehensive understanding of the market sentiment.

DateAddressesVariationIndicatorSource
2025-03-12 20:00:001,381,109,8730.00%Total Addressesbitaps.com
2025-03-12 20:00:001,328,433,8060.00%Zero Balance Addressesbitaps.com
2025-03-12 20:00:00757,514-2.02%Bitcoin Active Addressesbtc.com
2025-03-12 20:00:00540,2210.00%Addresses with over 0bitaps.com
2025-03-12 20:00:00219,2240.00%Addresses with over 0.0000001bitaps.com
2025-03-12 20:00:004,031,1390.00%Addresses with over 0.000001bitaps.com
2025-03-12 20:00:0010,751,3120.00%Addresses with over 0.00001bitaps.com
2025-03-12 20:00:0013,152,6970.01%Addresses with over 0.0001bitaps.com
2025-03-12 20:00:0011,574,9330.01%Addresses with over 0.001bitaps.com
2025-03-12 20:00:007,931,7110.01%Addresses with over 0.01bitaps.com
2025-03-12 20:00:003,478,6410.00%Addresses with over 0.1bitaps.com
2025-03-12 20:00:00843,8180.00%Addresses with over 1bitaps.com
2025-03-12 20:00:00134,4240.00%Addresses with over 10bitaps.com
2025-03-12 20:00:0015,893-0.02%Addresses with over 100bitaps.com
2025-03-12 20:00:001,9570.05%Addresses with over 1,000bitaps.com
2025-03-12 20:00:00930.00%Addresses with over 10,000bitaps.com
2025-03-12 20:00:0040.00%Addresses with over 100,000bitaps.com

Economic events to move the cryptocurrency market

Examining the economic events, notable developments include Congress pushing back against IRS crypto rules, which is considered a significant win for digital assets. This news has implications for the regulatory landscape and investor confidence in the crypto market. Additionally, developments such as the arrest of Garantex co-founder Aleksej Besciokov and the bearish MVRV levels in Ethereum contribute to the cautious market sentiment.

DateImpactEvent
2025-03-13 14:30:00ModerateEIA Natural Gas Report Week over Week
2025-03-13 12:30:00HighPPI-Final Demand PPI-FD Goods – Y/Y change
2025-03-13 12:30:00HighPPI-Final Demand Ex-Food & Energy – M/M
2025-03-13 12:30:00HighPPI-Final Demand PPI-FD Services – Y/Y change
2025-03-13 12:30:00HighPPI-Final Demand PPI-FD – M/M
2025-03-13 12:30:00HighPPI-Final Demand PPI-FD Services – M/M change
2025-03-13 12:30:00HighPPI-Final Demand Ex-Food & Energy – Y/Y
2025-03-13 12:30:00HighJobless Claims Initial Claims – Change
2025-03-13 12:30:00HighJobless Claims 4-Week Moving Average
2025-03-13 12:30:00HighPPI-Final Demand Ex-Food, Energy & Trade Services – Y/Y
2025-03-13 12:30:00HighPPI-Final Demand PPI-FD – Y/Y
2025-03-13 12:30:00HighJobless Claims Initial Claims – Level
2025-03-13 12:30:00HighPPI-Final Demand PPI-FD Goods – M/M change
2025-03-13 12:30:00HighPPI-Final Demand Ex-Food, Energy & Trade Services – M/M
2025-03-12 18:00:00ModerateUSD – Federal Budget Balance (Feb)
2025-03-12 18:00:00ModerateTreasury Statement Balance
2025-03-12 17:00:00HighUSD – 10-Year Note Auction
2025-03-12 16:48:48ModerateRUB – CPI (MoM) (Feb)
2025-03-12 16:48:48ModerateRUB – CPI (YoY) (Feb)
2025-03-12 16:00:00ModerateRUB – CPI (MoM) (Feb)
2025-03-12 16:00:00ModerateRUB – CPI (YoY) (Feb)
2025-03-12 15:15:00ModerateEUR – ECBΒ΄s Lane Speaks
2025-03-12 14:30:00ModerateUSD – Cushing Crude Oil Inventories
2025-03-12 14:30:00HighUSD – Crude Oil Inventories
2025-03-12 14:30:00ModerateCAD – BOC Press Conference
2025-03-12 14:30:00HighEIA Petroleum Status Report Crude Oil Inventories – W/W
2025-03-12 14:30:00HighEIA Petroleum Status Report Distillate Inventories – W/W
2025-03-12 14:30:00HighEIA Petroleum Status Report Gasoline Inventories – W/W
2025-03-12 13:45:00ModerateEUR – German Buba President Nagel Speaks
2025-03-12 13:45:00HighCAD – BoC Interest Rate Decision
2025-03-12 13:45:00ModerateCAD – BoC Rate Statement
2025-03-12 13:30:00ModerateUSD – Cushing Crude Oil Inventories
2025-03-12 13:30:00HighUSD – Crude Oil Inventories
2025-03-12 12:30:00HighUSD – CPI (YoY) (Feb)
2025-03-12 12:30:00HighUSD – CPI (MoM) (Feb)
2025-03-12 12:30:00HighUSD – Core CPI (MoM) (Feb)
2025-03-12 12:30:00ModerateUSD – Core CPI (YoY) (Feb)
2025-03-12 12:30:00HighCPI CPI – Y/Y
2025-03-12 12:30:00HighCPI CPI – M/M
2025-03-12 12:30:00HighCPI Ex-Food & Energy- Y/Y
2025-03-12 12:30:00HighCPI Ex-Food & Energy- M/M
2025-03-12 12:00:00ModerateBRL – CPI (YoY) (Feb)
2025-03-12 11:00:00ModerateUSD – OPEC Monthly Report
2025-03-12 10:30:00ModerateEUR – German 10-Year Bund Auction
2025-03-12 10:30:00ModerateINR – CPI (YoY) (Feb)
2025-03-12 08:45:00ModerateEUR – ECB President Lagarde Speaks
2025-03-11 23:50:00ModerateJPY – BSI Large Manufacturing Conditions (Q1)

Crypto Assets Prices

Analyzing the prices, Bitcoin has shown a moderate positive variation, reflecting relative stability compared to other cryptocurrencies. Ethereum, while experiencing slight positive variation, has exhibited notable fluctuations. These price movements suggest a level of uncertainty and caution in the market. It is important to monitor these price trends closely, as they can impact market sentiment and trading strategies.

DateCryptocurrencyPricePrice Variation24h Variation24h Variation Difference24h Volatility24h Volatility Difference
2025-03-11 23:39:00Bitcoin82,814.314.15%5.377.05%9.150.55%
2025-03-10 23:39:00Bitcoin79,376.76-1.79%-1.684.61%8.600.48%
2025-03-11 23:39:00Ethereum1,927.001.79%3.329.65%11.91-7.01%
2025-03-10 23:39:00Ethereum1,892.52-6.74%-6.331.99%18.927.74%
2025-03-11 23:39:00Binance Coin552.873.01%4.027.34%11.642.00%
2025-03-10 23:39:00Binance Coin536.24-3.55%-3.323.06%9.631.84%

CryptocurrencyΒ Capitalization and Volume

The market capitalizations and volumes of major cryptocurrencies have shown a downward trend. However, some exchanges have experienced higher volumes and positive backing, indicating variation across different platforms. It is important to consider these market capitalization and volume trends, as they offer insights into market interest and liquidity. These trends can further influence the overall market sentiment and serve as an important aspect of fundamental analysis.

DateCryptocurrencyCapitalizationCapitalization VariationVolumeVolume Variation
2025-03-12 00:00:00Binance Coin80,562,662,0813.98%1,918,869,73253.14%
2025-03-11 00:00:00Binance Coin77,478,606,267-4.08%1,252,993,94656.64%
2025-03-10 00:00:00Binance Coin80,775,027,903-6.59%799,918,96957.89%
2025-03-12 00:00:00Bitcoin1,643,023,053,4375.45%56,416,477,796-0.03%
2025-03-11 00:00:00Bitcoin1,558,077,898,084-2.55%56,434,419,36383.34%
2025-03-10 00:00:00Bitcoin1,598,830,805,326-6.45%30,780,781,81265.73%
2025-03-12 00:00:00Ethereum231,691,659,5442.63%32,627,943,712-12.34%
2025-03-11 00:00:00Ethereum225,747,334,154-7.07%37,219,057,379109.54%
2025-03-10 00:00:00Ethereum242,914,283,770-8.48%17,762,192,86760.85%
2025-03-12 00:00:00Tether142,958,496,94716,809.64%89,950,750,735325,353.27%
2025-03-12 00:00:00Tether1,442,381,704-98.99%148,392,004-99.84%
2025-03-12 00:00:00Tether845,654,459-41.37%24,258,199-83.65%
2025-03-11 00:00:00Tether142,848,681,5650.07%59,100,199,2018.67%
2025-03-11 00:00:00Tether1,421,624,095-99.00%158,255,020-99.73%
2025-03-11 00:00:00Tether845,426,143-40.53%27,638,607-82.54%
2025-03-10 00:00:00Tether142,755,257,1550.00%54,383,773,74453.56%

Cryptocurrency Exchanges Volume and Variation

Analyzing the exchanges, key highlights include developments such as Coinbase registering with India’s FIU and Binance revealing major backing for crypto prices. However, negative news, including the arrest of Garantex co-founder Aleksej Besciokov, affects the overall market sentiment. Monitoring these exchange activities provides valuable insights into the market dynamics and potential influences on trading trends.

DateExchangeVolumeVariation
2025-03-12 00:00:00Binance349,472-10.75%
2025-03-11 00:00:00Binance391,571102.00%
2025-03-10 00:00:00Binance193,85168.54%
2025-03-12 00:00:00Binance US20614.44%
2025-03-11 00:00:00Binance US18020.00%
2025-03-10 00:00:00Binance US150163.16%
2025-03-12 00:00:00Bitfinex5,184-15.91%
2025-03-11 00:00:00Bitfinex6,16556.35%
2025-03-10 00:00:00Bitfinex3,94364.63%
2025-03-12 00:00:00Bybit44,057-0.63%
2025-03-11 00:00:00Bybit44,33855.88%
2025-03-10 00:00:00Bybit28,44358.40%
2025-03-12 00:00:00Coinbase58,192-10.52%
2025-03-11 00:00:00Coinbase65,03796.41%
2025-03-10 00:00:00Coinbase33,11389.53%
2025-03-12 00:00:00Crypto.com72,992-7.35%
2025-03-11 00:00:00Crypto.com78,78399.45%
2025-03-10 00:00:00Crypto.com39,50195.82%
2025-03-12 00:00:00Gate.io52,780-7.33%
2025-03-11 00:00:00Gate.io56,95632.23%
2025-03-10 00:00:00Gate.io43,07496.17%
2025-03-12 00:00:00Kraken19,682-5.26%
2025-03-11 00:00:00Kraken20,77486.13%
2025-03-10 00:00:00Kraken11,161108.31%
2025-03-12 00:00:00KuCoin16,222-6.71%
2025-03-11 00:00:00KuCoin17,38844.54%
2025-03-10 00:00:00KuCoin12,03056.87%
2025-03-12 00:00:00OKX57,557-5.06%
2025-03-11 00:00:00OKX60,62658.09%
2025-03-10 00:00:00OKX38,34985.76%

Mining – Blockchain Technology

Analyzing the mining sector, it is evident that the difficulty, mined blocks, block rewards, and hash rate in the cryptocurrency market have experienced some variations. These mining indicators reflect the computational mining capacity and the overall state of the mining ecosystem. Tracking these indicators can provide insights into the health of the network and miner participation, which are essential factors to monitor when assessing the market’s stability and long-term outlook.

Item2025-03-122025-03-112025-03-102025-03-092025-03-082025-03-072025-03-06
Difficulty112.15T112.15T112.15T110.57T110.57T110.57T110.57T
Difficulty Variation0.00%0.00%1.43%0.00%0.00%0.00%0.00%
Blocks887.38K887.25K887.09K886.93K886.80K886.65K886.48K
Blocks Variation0.02%0.02%0.02%0.02%0.02%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 GB764.57B858.61B882.19B758.61B781.07B934.82B742.01B
Hash Rate GB Variation-10.95%-2.67%16.29%-2.88%-16.45%25.98%-6.25%

Conclusion

In conclusion, the cryptocurrency market currently exhibits mixed sentiment and a cautious outlook. Positive developments, such as the US Treasury targeting Bitcoin and XRP growth, Coinbase registering with India’s FIU, and Congress pushing back against IRS crypto rules, have contributed to some optimism. However, negative news, including the arrest of Garantex co-founder Aleksej Besciokov and the bearish MVRV levels in Ethereum, have influenced the sentiment. Overall, the market is in a state of uncertainty, with various factors at play.

It is important for market participants to closely monitor market indicators, news events, and regulatory developments to make informed decisions. The cryptocurrency market can be volatile, and trends can change rapidly. Therefore, maintaining a cautious approach and conducting thorough research is essential to navigate the ever-evolving landscape.

So What

The current state of the cryptocurrency market has important implications. Investors and market participants should be aware of the cautious sentiment and the potential impact of regulatory developments. It is important to carefully analyze the news, market indicators, and price trends to make informed decisions. Maintaining a diversified portfolio and closely monitoring market trends can help manage risks while still taking advantage of potential opportunities in the crypto market.

What next?

Looking ahead, it is necessary to closely monitor further developments in the cryptocurrency market. Ongoing factors such as regulations, price movements, and market sentiment will continue to shape the landscape. Investors and market participants should stay informed, conduct thorough research, and maintain a flexible approach to adapt to any changes. As the market evolves, it is essential to adjust strategies accordingly and keep a long-term perspective. The cryptocurrency market remains a dynamic and exciting space, offering opportunities for growth and innovation.

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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