Trading

On March 4, Bitcoin rallied strongly, hitting an intraday high of $73,952.99 while trading closely in line with U.S. SaaS tech stocks. Arthur Hayes cautioned that Bitcoin has not yet broken its correlation with software equities and suggested the move could be a dead cat bounce. At the same time, Peter Brandt viewed the breakout from a symmetrical triangle pattern and push toward $73,000 as a potentially important shift in the asset's price behavior.

Market analyst EGRAG CRYPTO stated on March 4 that XRP remains locked in a long-term descending channel and needs a weekly close above $2.20 to invalidate its bearish structure. They added that a weekly close above $1.55 would signal short‑term strength, while failure to reclaim this level could send the price toward $1.26 or even the $0.95–$0.85 support zone. XRP recently bounced from around $1.27, but it still trades well below its July 2025 all‑time high of $3.65.

Dogecoin (DOGE) surged nearly 15% in the last 24 hours, hitting a multi-month high of $0.102. This rally follows a volatile February and is primarily driven by Bitcoin’s recovery above $73,000 and a renewed "risk-on" appetite across the meme coin sector. As institutional interest returns via spot ETFs and retail volume spikes, traders are now eyeing a potential breakout toward the $0.12 resistance level.

Bitcoin (BTC) is staging a high-velocity recovery on March 5, 2026, surging 7.17% to reach $73,122. Fueled by $680 million in two-day ETF inflows and President Trump’s endorsement of the Clarity Act, BTC has decoupled from equities to test one-month highs.

Bitcoin traded above $71,000 after weeks of turbulence, while derivatives data showed a sharp drawdown in leverage and ongoing dominance of short positions. Open Interest has fallen by more than $24 billion since 6 October and funding rates remain mostly negative, even as aggressive buyers and shrinking exchange reserves offer some support.

Bitcoin has climbed back above $70,000 after weeks of volatile trading, easing some selling pressure while overall liquidity and sentiment remain fragile. CryptoQuant data shows spot Bitcoin ETF holders sit below an estimated average cost near $79,000, implying unrealized losses despite the rebound. The recent correction triggered about $8.9 billion in ETF value drawdowns and more than 42,000 BTC outflows from BlackRock's IBIT, though outflows have recently slowed.

Bitcoin has climbed from support near $67,500–$68,800 to trade above $70,000 and the 100-hour simple moving average, with a recent high at $74,062. The price now consolidates below resistance around $72,800–$73,500, while key support levels sit at $72,200, $72,000, $70,000 and $68,000. A sustained move above $73,500 could open the way toward $74,000–$77,200, whereas a drop under $70,000–$68,000 may signal a deeper correction.

Aerodrome Finance's AERO token climbed about 12.68%, while trading volume hovered near $18 million and Bitcoin moved above $70,000. The price has been trending within an ascending channel since early February, with upside targets around $0.40 if bullish momentum and on-chain accumulation from whales, institutions, and retailers persist.

After a sharp drop toward $63,000, Bitcoin has rebounded to trade near $72,000 and is holding above the key $70,000 level, forming a tightening pattern that could open the way toward $76,380. XRP is consolidating between its 26-day EMA and rising support after recovering from lows near $1.25, while Shiba Inu has slid to around $0.0000055 and is approaching potential bottom areas between $0.0000045 and $0.0000048. Market participants are watching whether these technical zones trigger renewed buying or extend the current corrective phase.

Bitcoin recently climbed to a four-week high after rebounding 22% from a local bottom near $60,000, but derivatives pricing and on-chain data show traders still prefer downside protection. About 43% of the circulating supply is at a loss and major corporate holders face an average cost basis around $76,000, creating psychological and structural resistance below the prior $78,700 monthly close. Weak miner profitability and growing AI-related energy competition are adding further selling pressure that could slow any move higher.