Bitcoin Ethereum, and Ripple’s market Geopolitical interests and government policies have driven the most recent significant price movements in Bitcoin. As of this now, March 5, 2025, Bitcoin (BTC), Ethereum (ETH), and Ripple (XRP) have shown signs of revival.. Given the forthcoming White House Crypto Summit set for March 7, 2025, this is extremely pertinent.
Bitcoin (BTC)
Leading by market capitalization, Bitcoin has shown durability in face of economic uncertainty. After falling dramatically from a record high of $96,400, BTC found support around $75,000. Following the recent revelation of a U.S. strategic reserve of cryptocurrencies—including Bitcoin—there was an 11% gain, bringing BTC to around $ 94,164. Still, the market is erratic; Bitcoin is trading at $87,421, a 4.84% rise over the previous close. Key resistance levels are $90,000; support comes around $85,000.
Ethereum (ETH)
Ethereum, the second-largest cryptocurrency, is also currently seeing somewhat erratic price movement. After the US crypto strategic reserve was announced, Ethereum’s price jumped 13% to $2,516. One Ethereum coin currently valued at $2,200.13, up 5.98% from its previous closing price. The creation of the crypto reserve is intended to draw institutional investors, which might drive Ethereum’s price up and acceptance to grow.
XRP, or Ripple
Ripple has become a top performer, especially since it was added to the U.S. crypto strategic reserve. Because of this development, XRP shot to an 18% rise, landing at $2.63. At $2.44 right now, XRP is exhibiting a 5.17% increase from the previous close. Driven by strategic advances and an optimistic market attitude, analysts believe XRP might approach $3.
White House Crypto Summit Impact
The upcoming White House Crypto Summit is likely to be very important in determining how US policy and control of cryptocurrencies are shaped going forward. President Donald Trump will host the conference, bringing together legislators, business leaders, and investors to discuss regulatory systems and promote innovation in the digital assets space. This event is expected to clarify government policies, impact investor confidence, and possibly market dynamics.
Debate on National Crypto Reserve
Recent policy changes have elicited conflicting opinions among experts. Stephen Cecchetti of Brandeis International Business School called the concept of a national crypto strategic reserve “absurd” because of its risky character and lack of clarity on funding sources and its use. On the other hand, the reserve’s inclusion of cryptocurrencies such as XRP, Solana (SOL), and Cardano (ADA) has been welcomed as indicating a move toward more institutional legitimacy and possible investment inflows.
Ripple’s Momentum and Bitcoin’s Impact
Technical studies indicate that maintaining the optimum Bitcoin, Ethereum, and Ripple market depends on Bitcoin’s price movement. Should BTC show strength, XRP’s price might keep rising. While resistance is marked at $98,500 and $106,000, key support levels for Bitcoin are around00 $74,000. Maintaining support above the 50-day Simple Moving Average (SMA) of $2.72 is essential for XRP if it is to keep its bullish momentum.
Finally
The Bitcoin, Ethereum, and Ripple markets show both chances and difficulties as the cryptocurrency market responds to recent policy decisions and projects the White House Crypto Summit results. In this erratic market, investors should be alert and consider technical signs and fundamental changes.
