Bitcoin
The price of bitcoin from March 14 to March 21, 2025 did not undergo cardinal changes: growth was less than 0.5 %. Sellers and buyers for weeks were, in fact, equal. Each plus trading session was followed by a minus and vice versa.
Source: TradingView.com
On March 19, a meeting of the US Federal Reserve was held, at which it was announced that the interest rate will remain in the range of 4.25 %-4.5 %. By the end of the year, the Federal Security Service involves reducing the rate twice 0.25 %. The head of the regulator Jerome Powell said that the growth of the American economy by the end of 2025 is expected by only 1.7 %.
This is 0.4% lower compared to the expectations of December 2024. It is worth noting that Powell did not exclude the option in which the bet will remain a fairly longer longer than now expected. According to him, this will happen if the economy remains strong, and inflation will not progress to Target by 2 %. In general, the main leitmotif of the performance of the head of the Fed was the growing uncertainty. This is largely explained by customs duties introduced by Donald Trump.
Crypto -investors enthusiastically perceived Powell’s statements, despite his relative neutrality. Obviously, the possibility of reducing the rate by 0.5 % by the end of 2025 (and hence the cost of loans) added positive. As a result, bitcoin
Grounded In the moment up to $ 87,470, while at minimums on March 18, the cost of the coin was $ 82,567.
Nevertheless, the rise at the news about the rate turned out to be local. Among investors there is no confidence in where the BTC will go further. This explains the overcoming index of the volatility of bitcoin 3.6 %. This has not happened to the asset since the beginning of September 2024.
Source: Coinglass.com
But representatives of the Glassnode analytical platform believe that bitcoin growth is just around the corner. As confirmation, they give a decrease in Hot Supply metric by twice in the last three months. This indicator shows what percentage of the total number of bitcoins is in circulation. Representatives of the platform
Reported:
“The Bitcoin metric Hot Supply, which tracks coins that are less than one week, fell from 5.9% to 2.8% of the total offer – 50% decrease over the past three months. This signals an acute reduction in liquid BTC available for trade. ”
The decrease in trading bitcoins on exchanges usually indicates that crypto enthusiasts do not want to get rid of their tokens, as they are waiting for their rise in price.
From the point of view of technical analysis, the predominant bearish moods are added to bitcoin. The price is still lower than a 50-day sliding average (marked in blue), and RSI It does not reach 50. Support and resistance levels – $ 76,600 and $ 89 164, respectively.
Source: TradingView.com
Index
Fear and greed It grew compared to four points last week. The current value is 31. Thus, in the moods of crypto-investors, a predominance of fear over greed is still observed.
Ethereum
The broadcast from 14 to 21 March went up by 3.13 %. On March 19, the second in capitalization of cryptocurrency rose above $ 2,000, but she was not destined to resist. In the week, four growth sessions and three falls were recorded.
Source: TradingView.com
Although 2025 for investors on the air is not the best way, there are some positive shifts. For example, the amount of ETH on exchanges fell to 8.97 million coins. This is the smallest indicator over the past ten years. According to the analysts of the Santiment platform, this situation is explained by the growth of the popularity of decentralized finance (Defi) and staming. As a result, most users
They prefer Block your assets for multiplication, and not hold on exchanges. It is interesting that in the last seven weeks alone, the ETH offer on trading floors has decreased by 16.4 %.
A decrease in the number of cryptocurrency on the exchanges is usually a harbinger of value growth.
Ethereum developers decided to stop supporting the Holesky test network. For a year and a half, it was one of the main along with the second, Sepolia. However, in 2025, Holesky was already clearly outdated, which showed failures when deploying a new Pectra update. It is worth noting that this is not the first time that the developers of the Ethereum cease to support one of their test networks. Previously, they abandoned Goerli, Kiln, Rinkeby and Ropsten. Holesky replaces
comes Hoodi test network. On March 26, Pectra update should be deployed there.
But the dynamics in spotal ETF on the air remains disappointing. For twelve trading sessions in a row, outflow of funds from these exchange funds have been recorded. Over the past seven days, more than $ 84 million was withdrawn. In total, there was only one day in March, on March 4, when there was an influx of money in the amount of $ 14.58 million.
Source: sosovalue.com
From the point of view of technical analysis, the broadcast has a bear trend. This is confirmed by the formation of the death cross at the end of February-the situation on the graph, when the fast 50-day sliding average (indicated in blue) crossed the slow 200-day (indicated by orange). The situation may change if it is possible to gain a foothold above the resistance level of $ 2112. If the price drops below the support level of $ 1754.2, then sales may intensify.
Source: TradingView.com
BNB
Binance Crypto -Ride Token from March 14 to March 14 increased by more than 7.5 %. BNB cryptocurrency was able to rise in the moment above $ 640 for the first time since February 24. All growth came for the first half of the week, but in the second part there was a slowdown in price change.
Source: TradingView.com
One of the reasons for the positive dynamics of BNB was the increased trade volume on decentralized exchanges (DEX). At the beginning of the week, Binance Coin even overtook Solana for this indicator. This
Given Confidence for investors prompted the price up.
The important news was the deployment of February 20 in the BNB Chain Pascal Hardford. The update is designed to increase the efficiency of transactions, as well as improve compatibility with the Ethereum virtual machine (EVM).
Interestingly, Pascal has entered the EIP-7702 proposal, which has only to be implemented in the second cryptocurrency capitalization during the upcoming Pectra hardfort. It will allow wallets to temporarily work as smart contracts. And also developers
Get it Great freedom of action, users will be able to carry out operations of operations in one click, and changes will be made to the gas payment procedure.
With one hard fork, activity in Binance Chain is not limited. Last week this blockchain
I took it The fourth place in terms of the activity of the developers on the GitHub portal with an indicator of 5,314 communities (separate changes in files). The first place was taken by Ethereum with 37,600 commits.
From the point of view of technical analysis, the BNB has a fairly ambiguous situation. On the one hand, the price is above a 50-day sliding average (indicated in blue). On the other hand, last week, like the air, BNB formed a cross of death, and this is a bearish signal. In order for the trend to change to bull, it is necessary to gain a foothold above the resistance level of $ 640. The support level is $ 508.5.
Source: TradingView.com
Conclusion
The largest cryptocurrencies for a week from March 14 to 21 showed growth. The main driver was the performance of the head of the US Federal Reserve, Jerome Powell on Wednesday on March 19, relative discount rate. BNB showed greater growth in comparison with BTC and ETH due to increased trade activity on decentralized exchanges and developers’ activity.
This material and information in it is not an individual or other other investment recommendation. The view of the editorial office may not coincide with the opinions of analytical portals and experts.
Source: Bits
I am an experienced journalist, writer, and editor with a passion for finance and business news. I have been working in the journalism field for over 6 years, covering a variety of topics from finance to technology. As an author at World Stock Market, I specialize in finance business-related topics.
