Crypto Price News For March 26: Market Stabilizes as Bitcoin Reclaims $87K

The crypto market is slowly regaining positive momentum, with Bitcoin and most altcoins posting slight gains. Investors are showing renewed optimism as Bitcoin climbs back above the $87K mark, contributing to an overall market recovery.

According to CoinMarketCap, the global cryptocurrency market cap has increased by 0.85%, reaching $2.87 trillion. However, market volume has dropped by 9.49%, now sitting at $75.76 billion. The CMC 100 Index has also risen by 0.96% in the last 24 hours, signaling that bullish sentiment may be strengthening.

Driving Market Forces

Bitcoin (BTC) is up 0.89%, now trading above $87K, a move that has lifted overall market sentiment. This recovery comes as Bitcoin holds above $86,822, positioning itself for a potential breakout toward $89,800. Ethereum (ETH) has also gained 0.35%, further reinforcing the market's upward trend.

One of the key drivers of this renewed optimism is the announcement of a partnership between Trump Media and Crypto.com to launch ETFs based on Cronos, Bitcoin, and other assets. The ETFs will focus on digital assets and "Made in America" industries, including energy, with Bitcoin and Crypto.com’s Cronos (CRO) among the featured assets. While the agreement remains non-binding and subject to SEC approval, the move is seen as a step toward broader institutional adoption.

Additionally, institutional confidence has been bolstered by MicroStrategy’s latest $584 million Bitcoin purchase, reinforcing the narrative that major firms continue to accumulate BTC despite market fluctuations.

Top Gainers

Several cryptocurrencies have posted strong gains today:

• Movement (MOVE): +28.35%
• Curve DAO Token (CRV): +10.17%
• Shiba Inu (SIHB): +9.93%
• POL (POL): +9.29%
• IOTA (IOTA): +8.98%
• Sui (SUI): +5.85%
• Sonic (S): +4.57%
• Dogecoin (DOGE): +4.59%
• Pepe (PEPE): +3.99%
• Avalanche (AVAX): +3.92%

Movement (MOVE) leads the market with an impressive 28.35% gain, fueled by rising demand and increased activity within its ecosystem. Curve DAO Token (CRV) and Shiba Inu (SHIB) followed closely, gaining 10.17% and 9.93%, respectively. POL (POL) and IOTA (IOTA) also saw significant gains, rising 9.29% and 8.98%.

Sui (SUI) and Sonic (S) also performed well, gaining 5.85% and 4.57%. Meanwhile, Dogecoin (DOGE) and Pepe (PEPE) continued their positive movement, increasing 4.59% and 3.99%, respectively. Avalanche (AVAX) rounds out the top gainers with a 3.92% increase.

Top Losers

Despite the market’s overall positive movement, some cryptocurrencies have seen declines:

• Pi (PI): -8.92%
• PancakeSwap (CAKE): -7.11%
• Four (FORM): -4.77%
• Cronos (CRO): -4.50%
• Cosmos (ATOM): -2.22%

Pi (PI) took the biggest hit, dropping 8.92%, followed by PancakeSwap (CAKE), which lost 7.11%. Four (FORM) and Cronos (CRO) also saw declines, down 4.77% and 4.50%, respectively, despite the recent ETF-related news involving CRO. Cosmos (ATOM) experienced a smaller dip of 2.22%, struggling to gain momentum in today’s market.

The overall crypto market appears to be stabilizing, with Bitcoin leading the way in recovery. If BTC continues holding above key support levels, the broader market could see further gains. For now, investors remain cautiously optimistic about the next major move.