Global Cryptocurrency Market Overview

As of today (March 10, 2025), the global cryptocurrency market capitalization is approximately $2.81 trillion, reflecting a slight decrease of 0.44%

The global cryptocurrency market capitalization now stands at approximately $2.81 trillion, reflecting a slight decrease of 0.44% over the past 24 hours, as of today (March 10, 2025).

The price of Bitcoin (BTC) has decreased by 3.55% in the past 24 hours, currently trading around $83,424. As the leading cryptocurrency, its performance is closely watched by traders and analysts.

The cryptocurrency transaction volume for XRP has surged remarkably, with over $5.37 billion worth of the token transferred in the last 24 hours. Moreover, the number of active XRP addresses has soared by 620% over the past week, climbing from 74,589 to 462,650.

President Donald Trump has signed an executive order to create a U.S. strategic cryptocurrency reserve, which will initially include cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Ripple (XRP), Solana (SOL), and Cardano (ADA).

The initiative aims to solidify the U.S. as a global leader in cryptocurrency and explores strategies for further cryptocurrency acquisitions without burdening taxpayers.

This move comes amid a broader effort by the U.S. to assert dominance in the emerging technologies of artificial intelligence (AI) and cryptocurrency.

President Trump's executive order directs government-owned tokens to be included in the crypto reserve, such as a $17 billion Bitcoin stash acquired through legal cryptocurrency technology integration.

The establishment of the U.S. crypto reserve has elicited varied responses from the market participants. While some investors express concerns over potential market manipulation and volatility due to such a large-scale move, others view it as a step toward greater institutional legitimacy for cryptocurrencies.

As for the price predictions, if Bitcoin continues its bull run and manages to break through the $90,000 resistance level, the next target could be $100,000.

If the bulls maintain control and push Bitcoin above the $100,000 mark, the next logical price prediction is $150,000.

If XRP reaches Bitcoin’s current market cap, its price would surge to approximately $30 per token.

The value of the cryptocurrency $LIBRA, which President candidate Javier Milei had been promoting, plummeted, leading to allegations of a “rug pull” scam and approximately $250 million in investor losses.

This incident sparked a no-confidence vote in Milei's presidency, described as the "first major scandal" of his administration.

The price of Pi Network has decreased slightly to $1.79, showing a decline of 0.1% compared to the previous day.

Currently, Pi Network is not officially listed on Binance. Despite this, the token has managed to build a strong community and make a significant market impression, ranking 12th on CoinsGecko's leaderboard with a market capitalization of $12.95 billion.

This places it ahead of major coins like Tron (TRX), Dogecoin (DOGE), and Cardano (ADA).

Binance introduced a new voting system to enable users to decide on projects that should be listed on the exchange.

In a community vote that ran from February 17 to 27, 2025, Pi Network received support from 88% of voters for listing on Binance.

The Cryptocurrency Fear and Greed Index decreased to 27 from the previous day's 28, indicating a persistent state of fear among investors.

After a prolonged decline in 2025, Ethena (ENA) has shown a positive rebound, registering a 17.40% increase recently.

Currently, ENA is trading at 0.4407 USDT, showcasing a 6% gain in March. However, the broader scenario remains bearish, suggesting that investors might prefer to remain cautious.

Ethena is a decentralized finance (DeFi) protocol that enables users to earn interest on their cryptocurrency savings.

The protocol introduces liquidity mining to engage users in providing market-making or arbitrage liquidity to the protocol.

Ethena is compatible with the Ethereum blockchain and aims to revolutionize DeFi by merging best practices from traditional finance with the efficiency of Web3 technologies.

This integration is intended to create innovative financial products and services that cater to the evolving needs of the DeFi community.