As of March 1, 2025, the cryptocurrency market is showing signs of recovery after a sharp drop in late February, but remains volatile due to macroeconomic and regulatory factors.
The total market capitalization increased to $2.85 trillion, up 7.5% from the previous day, reflecting cautious optimism among investors.
Current market situation
Bitcoin (BTC) has partially recovered after falling below $80,000 on February 28, reaching $84,500 as of the morning of March 1. This increase of 6.3% over the day is attributed to positive statements from President Donald Trump's administration about supporting cryptocurrencies during the March 7 summit (announced earlier) and the reduction of pressure on global markets after the details of trade duties with China were clarified.
However, analysts warn that the market remains vulnerable due to the expectations of inflation data in the US, which will be published on March 5.
Ethereum (ETH) also showed positive momentum, rising to $2,580 (up 5.8%), while altcoins such as Solana (SOL) and XRP gained 4-6%. Memecoins, such as the Trump token, recovered by 12%, reflecting speculative interest in political news. The total blocked value (TVL) in the DeFi sector rose to $59 billion, a sign of capital returning after the outflows in late February.
The Fear and Greed Index rose to 32 ("fear"), which still indicates caution, but is an improvement from 25 ("extreme fear") on February 28. Macroeconomic factors remain the key driver of volatility, including US inflation data and expectations for the Senate to vote on the stablecoin bill on March 10.
What happened on March 1 in previous years?
March 1, 2013: Bitcoin traded at $31, showing slow growth after the early boom. The day was uneventful, but the market was in a stabilization phase after the volatility of 2012.
March 1, 2014: After the collapse of Mt. Gox (February 24, 2014), bitcoin remained in a state of panic, trading at $550-$600. March 1 was part of a long recovery as the community began to look for new platforms such as Bitstamp and Kraken.
March 1, 2017: Bitcoin was approaching $1,200, being in a bullish phase before the significant rally of 2017. The day had no big news, but the market was showing steady growth ahead of the 2016 halving.
March 1, 2020: The crypto market felt the first blows of the COVID-19 pandemic. Bitcoin was trading at $8,600, but two weeks later (March 12) it dropped to $3,850 due to global panic. March 1 was the beginning of a long-lasting collapse, when investors took losses.
March 1, 2023: Bitcoin traded at $23,200 during the recovery period after the 2022 crypto winter. The day was not marked by significant events, but the market gradually gained momentum after the FTX bankruptcy in November 2022.
On March 1, 2025, the crypto market is showing signs of recovery after a correction in late February, with bitcoin at $84,500 and altcoins rising. Positive sentiment is supported by Trump's statements on cryptocurrencies and a reduction in trade tensions, but US inflation data and the stablecoin vote will remain key factors.
Historically, March 1 has not been a turning point, but often reflects transitional phases, from panic to stabilization. Investors should be cautious in the coming days, keeping an eye on macroeconomic news and regulatory developments.
