Crypto Price News For March 6: Bitcoin Hits $91K, Altcoins Follow

The crypto market is continuing its rise today, with Bitcoin leading the charge after a strong recovery from Monday's losses.

As reported by Coinmarketcap, the global crypto market cap has surged 4.63% to $3.01T. However, the overall market volume has decreased by 16.92%, sitting at $120.95B. Despite the decline in market volume, the broader market performance is up, with the CMC 100 Index showing a 3.96% increase in the past 24 hours.

The rebound comes after a series of favorable developments in the global economy. The delay in auto parts tariffs from Canada and Mexico, along with Germany’s plan to ease debt limits and China’s budget deficit increase, has led to a broader rally.

The anticipation surrounding the White House Crypto Summit on March 7 is adding to the current bullish momentum. The event is set to present plans for a strategic reserve, and U.S. Commerce Secretary Howard Lutnick has shared that Bitcoin will be given particular focus under Trump’s upcoming crypto strategy, which is further driving positive market sentiment.

Top Gainers

Several cryptocurrencies see significant gains as the market recovers:

• Bitcoin Cash (BCH): +14.51%

• Chainlink (LINK): +9.72%

• Avalanche (AVAX): +7.59%

• Litecoin (LTC): +5.72%

• Dogecoin (DOGE): +4.50%

• Bitcoin (BTC): +4.17%

• Solana (SOL): +4.15%

• Shiba Inu (SHIB): +3.66%

• Ethereum (ETH): +3.42%

• XRP (XRP): +2.66%

Bitcoin Cash (BCH) led the gainers with a 14.51% surge, showing strong momentum. Chainlink (LINK) followed with a 9.72% gain, benefiting from renewed investor interest in DeFi projects.

Despite being among decliners yesterday, Avalanche (AVAX) and Litecoin (LTC) recovered with a 7.59% and 5.72% rise. It suggests a shift in market sentiment, aligning with the broader rally sparked by Bitcoin's resurgence.

Bitcoin has surged 4.17%, crossing $91K, as optimism surrounding the market grows. Dogecoin (DOGE) continued its positive trend with a 4.50% rise, while Solana (SOL) gained 4.15%. Shiba Inu (SHIB) also speeded up its recovery, being up 3.66%, and Ethereum (ETH) saw a 3.42% increase. XRP (XRP) posted a smaller gain of 2.66%, still contributing to the overall market rise.

Top Losers

Even with the market's upward trend, certain assets kept losing value:

• Story (IP): -8.03%

• Maker (MKR): -5.97%

• Hedera (HBAR): -3.40%

• Berachain (BERA): -2.43%

• COMBO (COMBO): -1.44%

Story (IP) saw the biggest loss today, dropping 8.03% as it continues to struggle. Maker (MKR) fell 5.97%, underperforming despite the broader recovery. Hedera (HBAR) lost 3.40%, while Berachain (BERA) and COMBO (COMBO) posted smaller declines of 2.43% and 1.44%, respectively.

Although geopolitical tensions and trade issues continue to weigh on investor sentiment, the recent positive shifts in Bitcoin and the overall market are helping to improve the outlook. With the White House Crypto Summit on the horizon, there’s potential for further market gains in the coming days.