As of March 5, 2025, Bitcoin is trading at approximately $87,518.25, reflecting a +0.62% increase over the past 24 hours. Ethereum is priced around $2,185.96, up +0.68% in the same period. This article reviews rapid shifts in the crypto market on March 5, 2025.
Bitcoin has rebounded from a 10% drop, supported by key technical signals such as a $10,000 daily candle and a significant CME futures gap. Meanwhile, the US crypto reserve plan confirmed by President Donald Trump is expected to include major cryptocurrencies like Bitcoin, Ethereum, Solana, Cardano, and XRP. Adding to the positive momentum, WhiteRock has surged by 71.26%, with its token now trading at $0.001294 and a market cap of $841.49 million. The landscape is further energized by Trump’s inaugural crypto summit, which will feature top executives from Coinbase, Chainlink, Exodus, and other leading firms.
Crypto Fear & Greed Index | Source: Alternative.me
The Fear and Greed Index has decreased to 20,indicating an extremely fearful market sentiment. Bitcoin has remained below the $100,000 mark, experiencing limited whale accumulation and low volatility.
What’s Trending in the Crypto Community?
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Metaplanet raised approximately $87 million to increase its Bitcoin holdings.
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Industry leaders, including Michael Saylor, Coinbase CEO, and Robinhood CEO, have confirmed their attendance at the White House Cryptocurrency Summit.
Trending Tokens of the Day
Bitcoin Price Recovery to 88K and Core Technical Signals
Source: KuCoin
Bitcoin is trading at $87,518.25 USD today with a rise of +184.74. Bitcoin recovered from a seismic liquidation event to reclaim $90,000. It now rides within a familiar range fueled by a US crypto strategic reserve confirmed by President Donald Trump. Furthermore, Bitcoin will join Ether and other altcoins in the reserve. The upcoming White House Crypto Summit will reveal more details. Bitcoin formed a $10,000 daily candle. A short-term target is $85,000. Wall Street opens with strong focus. US employment reports and a speech from Fed Chair Jerome Powell add volatility. A Coinbase premium rebound hints at rising demand. Sentiment remains cautious as measured by the Crypto Fear & Greed Index.
As Bitcoin claws its way back, a giant CME futures gap and a $10,000 daily candle offer an unexpected start to the week for Bitcoin traders. The range returns but bulls face challenges. The coming days will bring surprises as external volatility grows and market participants react to technical signals.
Bitcoin Rebounds to 88K Amid Market Turbulence
Bitcoin and the wider crypto market rebounded from losses as fears over Trump’s crypto reserve eased. Bitcoin climbed to $88,900 on March 5, 2025 after dipping to a daily low of $81,500 earlier. It recovered most losses of the past 24 hours. CryptoSlate data shows Bitcoin trading at $87,524 as of press time with a 2% rise after a nearly 10% drop earlier. Ethereum climbed to $2,217 before retracing to $2,176 with a 2.5% rise over 24 hours. BNB rose by 2.87% to trade at $584. XRP climbed over 7% to trade at $2.47. Solana rose 2.4% to $145.54 after falling to a daily low of $130. Cardano rose 11% to trade at $0.94.
Read more: What Is a Strategic Bitcoin Reserve and How Likely Is It?
US Crypto Reserve and Market Volatility
The recovery follows a week of high volatility. On March 2, 2025 President Donald Trump announced a US Crypto Strategic Reserve. Furthermore, the reserve will hold Bitcoin, Ethereum, Ripple’s XRP, Solana and Cardano. The announcement sent Bitcoin soaring to nearly $94,000 and sparked market optimism. The rally did not last as participants remained cautious of risks. The surge showed growing nation-state interest in crypto. Some worry about centralization in the proposed coins. Reactionary tariffs against the US deepened market losses across equities.
Read more: The Race for Strategic Bitcoin Reserves: More U.S. States Move Toward Crypto Adoption
WhiteRock (WHITE)’s Explosive 71.26% Rally
Source: Coinmarketcap
WhiteRock experienced a 71.26% rally in 24 hours. Its current price stands at $0.001294. The project secured direct integration with securities exchanges such as NASDAQ and NYSE. It is the first tokenization platform to offer true T+0 settlement for listed securities. WHITE was also listed on KCEX and BingX with spot trading starting on March 4, 2025 and March 5, 2025. Institutional adoption and market accessibility drove the rally. WHITE has a market cap of $841.49M. Its 24-hour trading volume is $43.9M. Its circulating supply is 650B WHITE.
Trump’s Crypto Summit and Industry Leadership: Coinbase, Chainlink, and Exodus to Attend
Source: Getty Images
Executives from Coinbase, Chainlink, Exodus and others will attend President Donald Trump’s first White House crypto summit on March 7, 2025. Coinbase CEO Brian Armstrong, Chainlink co-founder Sergey Nazarov, Exodus CEO J.P. Richardson and Strategy Chairman Michael Saylor have confirmed their attendance. They will also feature "big donors" according to sources. Robinhood CEO Vlad Tenev hinted his attendance by posting a screen capture from the movie National Treasure on X with the caption "see you soon, DC."
Trump will host the summit along with his crypto and AI czar David Sacks and Bo Hines from the President’s Working Group on Digital Assets. The SEC dropped its enforcement suit against Coinbase and Robinhood. Coinbase donated $1M and Robinhood donated $2M to Trump’s inaugural committee. Other firms such as Ripple and Circle made large donations. A Ripple spokesperson referred CoinDesk to the White House while Circle did not comment.
Source: David Sacks on X
Another report stated that Coinbase CEO Brian Armstrong and Kraken co-CEO Arjun Sethi will attend the summit in Washington, DC. The summit will start at 1:30 PM ET. Strategy founder Michael Saylor, Exodus CEO J.P. Richardson and Paradigm co-founder Matt Huang will join.
Huang said on X "I look forward to discussing how America can take a leadership role in promoting the principles of open crypto and enabling builders in ecosystems such as Bitcoin BTC +4.15% and Ethereum and Solana."
The summit will also address Trump’s push for a working group to "move forward" on a "Crypto Strategic Reserve." Trump proposed that the reserve hold "U.S.-based coins" including Cardano, Solana and XRP along with Bitcoin and Ethereum. Some experts question if altcoins match Bitcoin and Ethereum in decentralization and developer activity. The summit comes as the SEC makes changes following the departure of former SEC Chair Gary Gensler in January.
The SEC dropped lawsuits against Kraken, Consensys and Coinbase and ended probes into Gemini and Yuga Labs. Cumberland DRW said on Tuesday that the SEC dropped its lawsuit against it.
A White House statement said "After the previous administration unfairly prosecuted the digital asset space, President Trump’s policy vision represents a new era for digital financial technology."
Source: Michael Saylor
Read more: Top Types of Stablecoins You Need to Know in 2025
Conclusion
The crypto market shows a mix of technical recovery and strategic shifts amid 10% daily drops and rebounds of 2% to 11% in major cryptocurrencies. Bitcoin has recovered from a dip as low as $81,500 to trading near $87,500. Ethereum, BNB, XRP, Solana and Cardano recorded gains between 2.5% and 11%. WhiteRock’s 71.26% rally and trading volume of $43.9M mark significant institutional momentum.
The US Crypto Strategic Reserve and Trump’s summit with over 10 key industry leaders underscore a policy push that could reshape market dynamics. The volatile landscape of nearly 10% daily swings and technical signals like the $10,000 daily candle call for careful monitoring and strategic planning. Participants are advised to watch these developments closely as the market continues to evolve rapidly in a fast-changing world.
