Bitcoin nears $73K as crypto market hits $2.5T
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- Bitcoin rose 3% in the past 24 hours and 9.44% over the past week, briefly nearing $73,000 before settling near $70.5K–$71K.
- Ethereum rose 7.6% in the past 24 hours and 13.51% over the past week.
- Altcoins (BNB, XRP, Solana, Tron, Dogecoin, Cardano, Hyperliquid) climbed up to 8% in the past 24 hours and up to 23% over the past week.
- Global crypto market cap reached $2.51 trillion, up 3.21% per CoinMarketCap.
- Mid-sized whales sold roughly 16,000 Bitcoin, while larger investors bought, absorbing much of the selling pressure (on‑chain data).
- U.S. spot Bitcoin ETFs attracted $180.4 million in net inflows on March 13.
- Harish Vatnani, Head of Trade at ZebPay, said market sentiment remains cautious despite the recovery.
Why it matters: Institutional investors and larger whales are net buyers, absorbing mid‑size whale sales and driving the market’s $2.51 trillion cap higher, while retail altcoin holders see double‑digit gains; the cautious sentiment noted by ZebPay tempers the rally’s optimism, suggesting a still‑fragile recovery.
