Cryptocurrency markets are rallying as the <a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44403637/fed-holds-rates-while-growth-forecasts-slip-inflation-projections-rise">Fed holds rates</a>, but growth forecasts dip and inflation expectations rise.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>)</td><td>&nbsp;$85,363.30</td><td>+4%</td></tr><tr><td>Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>)</td><td>&nbsp;$2,032.89</td><td>+7.2%</td></tr><tr><td>Solana (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/sol/usd">SOL</a>)</td><td>&nbsp;$132.66</td><td>+7%</td></tr><tr><td>XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>)</td><td>&nbsp;$2.48</td><td>+10.4%</td></tr><tr><td>Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>)</td><td>&nbsp;$0.1740</td><td>+5.1%</td></tr><tr><td>Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>)</td><td>&nbsp;$0.00001281</td><td>+3.3%</td></tr></tbody></table></figure>



Notable Statistics:



<ul>
<li>IntoTheBlock data shows large transaction volume decreasing by 0.01% and daily active addresses falling by 5.8%. Transactions greater than $100,000 are down from 9,291 to 9,552 in a single day. Exchanges netflows are down by 367.09%.</li>



<li>Coinglass data reports 89,191 traders were liquidated in the past 24 hours for $267.94 million.</li>



<li>Crypto chart analyst Ali Martinez <a href="https://x.com/ali_charts/status/1902435655323721746">noted</a> that the Bitcoin short-term holders are in panic, as indicated by 118,000 BTC moved off in a month.</li>
</ul>



Notable Developments:



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44398151/ripple-ceo-announces-victory-as-sec-drops-appeal-in-xrp-lawsuit">Ripple CEO Announces &#8216;Victory&#8217; As SEC Drops Appeal In XRP Lawsuit</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44395095/recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says">Recession Would Be &#8216;A Big Catalyst For Bitcoin,&#8217; BlackRock&#8217;s Head Of Digital Assets Says</a></li>



<li><a href="https://www.benzinga.com/content/44398155/next-layer-capital-joins-bitcoin-for-corporations-amid-growing-institutional-adoption">Next Layer Capital Joins Bitcoin for Corporations Amid Growing Institutional Adoption</a></li>



<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44394754/cathie-wood-hops-on-tokenization-hype-train-says-wed-love-to-tokenize-our-venture-fund">Cathie Wood Hops On Tokenization Hype Train, Says &#8216;We&#8217;d Love To Tokenize Our Venture Fund&#8217;</a></li>



<li><a href="https://www.benzinga.com/trading-ideas/movers/25/03/44390542/justin-sun-says-ready-to-buy-and-collaborate-in-solana-integration-tease-tron-rallies-10">Justin Sun Says &#8216;Ready To Buy And Collaborate&#8217; In Solana Integration Tease, Tron Rallies 10%</a></li>



<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44397546/bitcoin-could-reach-200000-in-2025-if-fed-relaxes-policy-bitwises-matt-hougan-says">Bitcoin Could Reach $200,000 In 2025 If Fed Relaxes Policy, Bitwise&#8217;s Matt Hougan Says</a></li>
</ul>



Top Gainers:



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Gains +/-</td></tr><tr><td>Raydium (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">RAY</a>)</td><td>&nbsp;$1.87</td><td>+16.5%</td></tr><tr><td>Hyperliquid (CRYPTO: HYPE)</td><td>&nbsp;$15.17</td><td>+13%</td></tr><tr><td>EOS (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eos/usd">EOS</a>)</td><td>&nbsp;$0.5731</td><td>+12.7%</td></tr></tbody></table></figure>



Trader Notes: Crypto trader Blockchainedbb <a href="https://x.com/blockchainedbb/status/1902398928093638923">highlighted</a> a large sell order at $108,000, requiring fresh buy orders to break through. 



She noted historical market peaks six months post-election and speculated that Trump may prefer a bull run closer to the election. Given these factors, a run to $108,000 could be a bull trap.



Crypto trader Astronomer <a href="https://x.com/astronomer_zero/status/1902431746051936402">declared</a>, "we have arrived" as the FOMC meeting went live, stating the bottom is likely in. 



He emphasized positioning before the meeting and noted his trade is already up $5,000.



Another trader, Nebraskangooner, sees $86,250 as the key level to close above for a bullish breakout.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true"><a href="https://twitter.com/hashtag/Bitcoin?src=hash&amp;ref_src=twsrc%5Etfw">#Bitcoin</a> Either the orange squiggle is in play here or we break/close above $86,250 and move to bull scenario just in time for gooner vacation. Let&#39;s see what happens. <a href="https://t.co/P3zbCdTi14">https://t.co/P3zbCdTi14</a> <a href="https://t.co/m5ji1TvPtx">pic.twitter.com/m5ji1TvPtx</a>&mdash; Nebraskangooner (@Nebraskangooner) <a href="https://twitter.com/Nebraskangooner/status/1902434797907030136?ref_src=twsrc%5Etfw">March 19, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Michael van de Poppe <a href="https://x.com/CryptoMichNL/status/1902415434273419541">observed</a> no breakout yet but sees strong build-up. He expects Bitcoin to rally to $90,000 within 1-2 weeks if it stays above $81,500.



Read Next:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/25/03/44401402/benjamin-cowen-if-quantitative-tightening-ends-ethbtc-could-bouncerepeating-historical-patterns">Bitcoin, Ethereum Face Uncertain Future: What Do Technical Indicators Say?</a></li>
</ul>



Image: Shutterstock

Bitcoin, Ethereum, XRP, Dogecoin Rally As Fed Holds Interest Rates Steady

Dogecoin (DOGE), the leading memecoin by market capitalization, is trading higher by 2.12% Wednesday, currently priced at roughly $0.1719.&nbsp;



The positive price action follows broader optimism within the crypto market sparked by the U.S. Securities and Exchange Commission (SEC) dropping its long-standing lawsuit against Ripple Labs. The resolution of the XRP case has generated renewed bullish sentiment across cryptocurrencies, notably among memecoins like Dogecoin.



Wednesday's price predictions from analysts reflect a cautiously optimistic outlook for DOGE:



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Prediction Level</td><td>Price (USD)</td></tr><tr><td>Lowest</td><td>$0.146</td></tr><tr><td>Median</td><td>$0.167</td></tr><tr><td>Highest</td><td>$0.181</td></tr></tbody></table></figure>



Investor optimism surrounding Dogecoin has also been boosted by recent institutional developments.&nbsp;



Earlier this year, Grayscale Investments, the world&#8217;s largest digital asset manager, <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43742669/a-dogecoin-etf-approval-in-2025-is-becoming-increasingly-likely-polymarket-traders-speculate">launched the Grayscale Dogecoin Trust</a>, enabling accredited investors greater access to the memecoin. Additionally, Bitwise Asset Management <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44102934/dogecoin-primed-for-upside-breakout-says-analyst-as-bitwises-etf-application-moves-forward">submitted an application to the SEC</a> for a spot DOGE exchange-traded fund (ETF), underlining a nascent but growing institutional interest.&nbsp;



According to Polymarket, market participants currently see a 70% likelihood that the DOGE ETF will gain approval in 2025.



While Dogecoin started as a playful cryptocurrency in 2013, the memecoin evolved after endorsements by high-profile figures like Elon Musk, who repeatedly boosted its popularity through social media. Recent support also comes from former President Donald Trump's administration, which has adopted a notably pro-crypto stance, further fueling DOGE's bullish narrative.



However, investors should approach optimism carefully. Kalshi, a prediction market platform, places just a 12% probability on Dogecoin reaching the $1 milestone before September 2025. Further, despite the improved regulatory climate, DOGE is vulnerable to volatile market swings driven by social media trends and speculative cycles.



Technical analysis from Wallet Investor outlines important trading levels for DOGE. Immediate resistance sits around $0.173, with further resistance at $0.181. On the downside, Dogecoin has support at $0.164, with a lower boundary at $0.146 if sentiment turns bearish.



Despite the risks, Dogecoin's strong community engagement, institutional backing, and recent regulatory developments offer tailwinds. Investors should weigh bullish factors against inherent market volatility, monitoring technical levels and broader macroeconomic indicators.

Why Is Dogecoin Going Up? Price Prediction for March 19

XRP surged nearly 14% Wednesday to roughly $2.56 following Ripple CEO Brad Garlinghouse&#8217;s announcement that the U.S. Securities and Exchange Commission (SEC) has officially dropped its four-year lawsuit against Ripple Labs. Widely celebrated within the cryptocurrency community, the development has significantly boosted investor confidence, reflected by a 90% spike in XRP trading volume over the past 24 hours, according to CoinPedia.



Wednesday's developments have provided renewed clarity on XRP&#8217;s regulatory status, offering the cryptocurrency potential pathways for broader institutional adoption. Ripple&#8217;s CEO, Brad Garlinghouse, noted during his announcement at the Digital Assets Summit in New York, &#8220;The system just feels broken." He continued, "there were no victims, there was no investor loss.&#8221;&nbsp;



The market reaction was immediate, reflecting optimism about XRP's future in global payments.



Based on aggregated price predictions from leading analyst sources, XRP&#8217;s value for March 19, 2025, is expected to fluctuate within these ranges:



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Prediction</td><td>Price (USD)</td></tr><tr><td>Lowest</td><td>$2.17</td></tr><tr><td>Median</td><td>$2.31</td></tr><tr><td>Highest</td><td>$2.71</td></tr></tbody></table></figure>



Ripple's legal victory isn&#8217;t the only factor influencing today&#8217;s price action. Technically, XRP has broken a key descending resistance trendline established since January of this year. CoinPedia analysts highlighted XRP&#8217;s successful retest of its critical 200-day exponential moving average (EMA), a strong bullish signal indicating potential for further upside momentum.&nbsp;



Immediate resistance levels for Wednesday sit at $2.38 and $2.71, while key support rests at $1.99, followed by a critical lower bound of $1.81.



Beyond short-term price movements, Ripple&#8217;s XRP remains an important asset in cross-border financial transactions, distinguishing itself from Bitcoin and other altcoins through partnerships with financial entities including Santander, SBI Holdings, and American Express.&nbsp;



The resolution of the SEC lawsuit might accelerate XRP&#8217;s integration into mainstream financial infrastructure, as institutions now have clearer regulatory guidance.



However, investors must also consider potential headwinds. XRP faces competition from stablecoins like USDC and USDT and emerging central bank digital currencies (CBDCs), which offer similarly rapid and cost-effective cross-border transactions. Additionally, broader cryptocurrency market dynamics—like Bitcoin&#8217;s price trends and global economic shifts—continue to influence XRP&#8217;s trajectory.



As investors and traders digest the news and weigh it against macroeconomic conditions, XRP&#8217;s ability to maintain current price levels or ascend higher will depend on sustained institutional engagement, regulatory clarity, and ongoing technical momentum.&nbsp;



Investors should closely monitor both fundamental developments and technical levels to effectively navigate XRP&#8217;s price action in the coming days.

XRP Price Prediction Following SEC Lawsuit Conclusion: Expected Lows and Highs for March 19, 2025

The meme coin market is slowly bottoming, with top meme coins showing the <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44272559/i-lost-everything-trader-turns-0-into-5-million-loses-it-all-with-meme-coins-that-were-sup">best returns for traders</a>.



What Happened: According to on-chain <a href="https://x.com/intotheblock/status/1902354215432765540">analytics</a> from Into The Block, the meme coin market cap has returned to Q3 2024 levels, which were the lowest since early 2024 levels. 



Key on-chain indicators to watch for a market shift include the number of traders: a rise in short-term traders signals new retail engagement. 



Most meme coins are still in a downtrend, but a reversal could indicate a turning point.



Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) has seen an increase in short-term traders in late July 2024, though this number has dropped since. The number of short-term traders in Shiba Inu (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/shib/usd">SHIB</a>) is stable.



Other important metrics include:



<ul>
<li>Transaction Count: Increased transaction volume suggests greater utility and community engagement, supporting sustained growth.</li>
</ul>



Dogecoin's transaction count held strong until late 2024 before falling. 



<ul>
<li>Holder Profitability: If many holders are at a loss while usage rises, it may signal undervalued opportunities with upside potential.</li>
</ul>



Floki emerged as the highest gainer with Dogecoin, Shiba Inu, Pepe following the list.



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44390616/cathie-wood-believes-most-memecoins-wont-face-fearsome-declines-end-up-becoming-collectors-items">Cathie Wood Believes Most Memecoins Will Face &#8216;Fearsome Declines,&#8217; But They Could End Up Becoming Collector&#8217;s Items</a>



Why It Matters: In a Bloomberg Crypto interview, Ark Invest founder, CEO and chief investment officer Cathie Wood <a href="https://www.youtube.com/watch?v=7P416o49xTQ">warned </a>that most meme coins will become worthless over time. 



When asked about the Trump meme coin she responded that some meme coins will be collector's items – "digital collectors' items."



She believes some will withstand the judgement of time and Trump meme coin will be one of them.



Read Next:



<ul>
<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44399122/pepe-fartcoin-bonk-leapfrog-dogecoin-shiba-inu-in-momentum-as-traders-predict-bullish-momentum">Pepe, Fartcoin, Bonk Leapfrog Dogecoin, Shiba Inu In Momentum As Traders Predict Bullish Momentum</a></li>
</ul>



Image: Shutterstock

Floki, Dogecoin, Shiba Inu Lead In Meme Coin Holder Profitability As Market Returns To Valuation From 6 Months Ago

With the SEC dropping its four-year lawsuit against Ripple, industry experts are examining whether Ripple (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) could overtake Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) in market capitalization, a feat that would require overcoming <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44398151/ripple-ceo-announces-victory-as-sec-drops-appeal-in-xrp-lawsuit">significant market and structural challenges.</a>



What Happened: The legal resolution, confirmed by Ripple CEO Brad Garlinghouse, has already driven XRP's price to $2.53, a 13% increase, according to data from CoinMarketCap, reflecting renewed investor confidence.



However, analysts remain cautious about XRP's ability to surpass Ethereum, which currently holds a circulating market cap of $246 billion compared to XRP's $146 billion, per CoinMarketCap data.



Garlinghouse on Wednesday announced the end of the legal battle, which began in December 2020, stating, "The case is over," and framing it as a "victory" against the SEC's aggressive stance, which he said cost XRP investors $15 billion. 



The lawsuit, filed under former SEC Chairman Gary Gensler, alleged that <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44314642/ripple-sec-lawsuit-nears-end-will-xrp-be-classified-as-commodity-like-ethereum">XRP was an unregistered security</a>, a claim rejected by a federal judge in 2023, who ruled that XRP does not meet the legal definition of a security.



This decision, upheld through the SEC's recent withdrawal, has broader implications for the crypto industry, as it aligns XRP's regulatory status with Ethereum, which the SEC classified <a href="https://www.benzinga.com/25/03/44294333/xrp-gains-on-report-that-ripple-sec-case-could-end-soon">as a commodity</a> in 2018.



Garlinghouse criticized the SEC's approach, saying, "The SEC wasn't seeking justice—they were seeking to win a case at any cost," and noted that the ruling sets a precedent for future crypto regulations.



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44397546/bitcoin-could-reach-200000-in-2025-if-fed-relaxes-policy-bitwises-matt-hougan-says">Bitcoin Could Reach $200,000 In 2025 If Fed Relaxes Policy, Bitwise&#8217;s Matt Hougan Says</a>



What Experts Are Saying: Sid Powell, CEO of Maple Finance, a decentralized finance platform managing $700 million in assets, views the SEC's decision as a positive development for XRP.



"The SEC win is positive for the price of XRP and signals a more cooperative and pro-innovation regulatory environment for crypto in the U.S.," Powell told Benzinga. 



He added that while institutional investors may have already factored in the news, retail traders could push XRP higher in the short term. 



Powell highlighted that XRP's fully diluted valuation has surpassed Ethereum's, but flipping its circulating market cap would be challenging due to Ethereum's $114 billion total value locked (TVL) in DeFi, despite recent concerns about TVL shifting to other Layer-1 blockchains.



Ryan Lee, Chief Analyst at Bitget Research, emphasized the broader impact of the ruling, stating that it "represents a turning point not only for Ripple but for the broader crypto industry." 



He pointed to potential growth drivers for XRP, such as increased adoption of Ripple's On-Demand Liquidity (ODL) service by financial firms and a more favorable U.S. regulatory stance, which could attract further investment. 



Lee noted that XRP briefly overtook Ethereum in market cap in 2018, but cautioned that Ethereum's strong fundamentals make a sustained flip unlikely without explosive adoption of XRP. 



Ripple's 2024 annual report noted that ODL processed $30 billion in transaction volume last year, with partnerships including Standard Chartered Bank and MoneyGram. 



Lee also recalled that XRP briefly surpassed Ethereum in market cap in January 2018, when XRP hit $3.84, but stressed that Ethereum's fundamentals, including its role in hosting 60% of DeFi's total TVL, make a sustained flip challenging without a dramatic increase in XRP adoption.



Adding to the sentiment, IOST Co-CEO Blake Jeong highlighted that the case's resolution signals "a potential softening of regulatory pressure on the industry." 



However, he noted that Ethereum also saw gains following the announcement and suggested that "XRP flipping Ethereum is still a long way off."



Slava Demchuk, CEO of AMLBot, warned that despite the positive momentum, "it takes more than a legal victory to flip ETH. ETH has a strong ecosystem, total TVL is over $114b + the gap between the capitalizations of ETH and XRP is $100b, for XRP to increase so much its capitalization needs much more than just a legal victory.&#8221;



He said the price of XRP may rise to $3 &#8211; $3.5, no more and that since the market is in a correction and the Fear and Greed index is at 20, it will not allow XRP to rise more than $3.5.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44395095/recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says">Recession Would Be &#8216;A Big Catalyst For Bitcoin,&#8217; BlackRock&#8217;s Head Of Digital Assets Says</a></li>
</ul>



Image: Shutterstock

XRP Soars 13% After SEC Lawsuit 'Victory': Can XRP Flip Ethereum?

Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) near-term trajectory and dynamic regarding Ethereum (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/eth/usd">ETH</a>) will depend on technical indicators and the outcome of Wednesday&#8217;s Federal Open Market Committee decision, according to <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44377385/bitcoin-remains-stuck-in-the-low-80000s-what-does-technical-analysis-say">prominent analyst Benjamin Cowen</a>.



What Happened: In a <a href="https://www.youtube.com/watch?v=T8BQXl7PcJ4">podcast</a> published on Tuesday, Cowen identified Bitcoin&#8217;s weekly Relative Strength Index (RSI) support level having hit the 44 level for the third time in this cycle, after previous touches in September 2023 and September 2024.



If BTC holds this level, it would align with the 2016-2017 bull cycle. 



A break below 44 RSI, however, could mean the market resembles 2019-2020's choppier period instead.



Cowen noted that while 2016-2017 had risk-on periods in February, this cycle has remained risk-off through January, February and March, raising concerns about market strength.



Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44398922/the-bitcoin-fomc-preview-a-dovish-powell-pivot-could-send-btc-to-90000">The Bitcoin FOMC Preview: A Dovish Powell Pivot Could Send BTC To $90,000</a>



What's Next: In another <a href="https://www.youtube.com/watch?v=UdtpOP_uBc0">podcast</a>, Cowen examined the impact of Federal Reserve policy on crypto markets, particularly Ethereum.



He commented on the Federal Reserve's upcoming policy decision, suggesting the continuation of quantitative tightening has significantly impacted market dynamics, particularly for altcoins.



The last time ETH was at ~$1,800 (2022), Bitcoin traded around $20,000-$25,000. 



Now, Bitcoin is nearly 4x higher, but ETH has remained at the same price, indicating altcoins are lagging BTC significantly.



Looking ahead to the FOMC meeting, Cowen noted that if quantitative tightening ends, historical patterns suggest ETH/BTC would bounce, similar to previous cycles.



Inflation concerns could delay a Fed pivot, making a rapid recovery uncertain. 



&#8220;They might not be as willing to support markets in the same way as quickly until it&#8217;s more apparent that inflation is actually coming back down to earth,&#8221; Cowen said.



Read Next:



<ul>
<li><a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44383822/bitcoin-drops-16-in-a-month-are-bear-market-signals-flashing">Bitcoin Drops 16% In A Month: Are Bear Market Signals Flashing?</a></li>
</ul>



Image: Shutterstock

Bitcoin, Ethereum Face Uncertain Future: What Do Technical Indicators Say?

Meme coins are making waves again, with Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>), Fartcoin (CRYPTO: FARTCOIN), and Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>) surging in value <a href="https://www.benzinga.com/money/pepe-price-prediction">over the past week</a>. 



Despite uncertainty in broader markets, these coins have defied the trend, attracting increased trading volume and investor interest.



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Cryptocurrency</td><td>Price&nbsp;&nbsp;&nbsp;</td><td>Market Cap</td><td>24-Hour Trend</td><td>7-Day Trend</td></tr><tr><td>Pepe (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">PEPE</a>)</td><td>&nbsp;$0.057331</td><td>$3.08 billion</td><td>+7%&nbsp;</td><td>+7.8%&nbsp;</td></tr><tr><td>Bonk (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">BONK</a>)</td><td>&nbsp;$0.00001087</td><td>$846 million</td><td>+2.5%&nbsp;</td><td>+0.7%&nbsp;</td></tr><tr><td>Fartcoin (CRYPTO: FARTCOIN)</td><td>&nbsp;$0.3305</td><td>$327.4 million</td><td>+21.7%</td><td>+17%&nbsp;</td></tr></tbody></table></figure>



Trader Notes: Altcoin Sherpa is watching Fartcoin closely, noting he will enter trades once it breaks out past $0.36. 



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Fartcoin: Can probably start trading this once it breaks out of the range. Still looks ok for now&#8230; <a href="https://t.co/ZW176lFgEB">pic.twitter.com/ZW176lFgEB</a>&mdash; Altcoin Sherpa (@AltcoinSherpa) <a href="https://twitter.com/AltcoinSherpa/status/1902311238043893774?ref_src=twsrc%5Etfw">March 19, 2025</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



Crypto Lyxe <a href="https://x.com/cryptolyxe/status/1902287267848208455">says</a> that any long position on Fartcoin during red candles has been profitable.



Crypto trader Essex <a href="https://x.com/Essex2507/status/1901701513359303078">marks</a> .720 as the level for Pepe to break for the bull run to continue. BlockRocket <a href="https://x.com/block_rocket/status/1902025639265444038">warns</a> that the peak for meme coins like PEPE, Bonk, and Dogwifhat (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/">WIF</a>) may have passed, citing mass adoption and exchange listings from November to December as a sign of full distribution.



At that point, even casual investors were piling in. He added that was a sign of a hype cycle already played out.



Statistics: Coingecko data shows the meme coin market capitalization currently at $52.8 billion, marking a 0.5% increase on Wednesday.



Despite high volatility in the broader crypto currency markets, the valuation has maintained above the $50 billion mark.



In an X <a href="https://x.com/Plazma0x/status/1902098568430706977">post</a> on Wednesday, Plazma reported that Pepe has added 518 new Pepe holders in a single day. 



In a post on Tuesday, he stated that the top Robinhood wallet is the top second holder and all wallets combined hold 6.19% of the supply. He also predicted to see some "big gains" this week.



IntoTheBlock data shows Pepe's large transaction volume spiked 16.3%, while daily active addresses are down 5.3% in a single day. Transactions greater than $100,000 are up from 239 to 319.



Coinglass data shows open interest on all these meme coins has increased in a single day with Fartcoin leading at 22%, Pepe and Bonk and 5% and 3.7%, respectively.



Read Next:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44390616/cathie-wood-believes-most-memecoins-wont-face-fearsome-declines-end-up-becoming-collectors-items">Cathie Wood Believes Most Memecoins Will Face &#8216;Fearsome Declines,&#8217; But They Could End Up Becoming Collector&#8217;s Items</a></li>
</ul>



Image: Shutterstock

Pepe, Fartcoin, Bonk Leapfrog Dogecoin, Shiba Inu In Momentum As Traders Predict Bullish Momentum

Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) remains highly sensitive to Federal Reserve policy shifts, with analysts closely watching Fed Chair Jerome Powell's <a href="https://www.benzinga.com/markets/cryptocurrency/24/12/42325788/fed-chair-powell-bitcoin-is-like-gold-just-virtual-and-digital">guidance on interest rates</a>.



What Happened: In an X <a href="https://x.com/ali_charts/status/1902340913721962609">post</a> on Wednesday, crypto chart analyst Ali Martinez predicts the Fed to almost certainly hold interest rates steady today (99% probability per CME FedWatch). 



Traders are focused on Chair Jerome Powell's outlook for future rate cuts, inflation trends and broader monetary policy shifts.



Market expectations for rate cuts later in 2025 remain, but uncertainty lingers. 



The Fed previously projected two rate cuts for 2025, with markets currently pricing a 66% chance of a cut in June.



Inflation has cooled to 2.8%, but long-term expectations remain high at 3.9%, keeping pressure on the Fed. 



Trump's proposed tariffs could further complicate inflation and future rate decisions.



Also Read: <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44383822/bitcoin-drops-16-in-a-month-are-bear-market-signals-flashing">Bitcoin Drops 16% In A Month: Are Bear Market Signals Flashing?</a>



What's Next: Assuming various base case scenarios on what will the Fed announce, Ali Martinez predicts the following:



<ul>
<li>Baseline Expectation: Rates remain unchanged, and Powell's tone determines the market reaction.</li>



<li>Hawkish Stance: Emphasis on persistent inflation could lead to a Bitcoin and risk asset pullback.</li>



<li>Dovish Stance: Signals of future easing could trigger a rally, potentially pushing Bitcoin toward $90,000.</li>



<li>Surprise Rate Cut (Unlikely): A shock move would fuel a strong risk-on rally.</li>
</ul>



Martinez concluded that a breakout above $85,000 signals bullish momentum, while a drop below $80,000 could deepen corrections. 



Powell's forward guidance will shape liquidity conditions and influence Bitcoin's trajectory.



Read Next:



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44395095/recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says">Recession Would Be &#8216;A Big Catalyst For Bitcoin,&#8217; BlackRock&#8217;s Head Of Digital Assets Says</a></li>
</ul>



Image created using artificial intelligence with Midjourney.

The Bitcoin FOMC Preview: A Dovish Powell Pivot Could Send BTC To $90,000

Shiba Inu (SHIB), the prominent Ethereum-based memecoin, is facing market volatility on Wednesday, March 19, 2025. Amid broader cryptocurrency uncertainty, traders are monitoring several critical indicators including institutional investor movements, token destruction rates, and key price thresholds.



Price forecasts from leading analytical platforms Wallet Investor and CoinCodex suggest varied outcomes for SHIB today:



<figure class="wp-block-table"><table style="overflow:auto; height: 90px; display: block;"><tbody><tr><td>Prediction</td><td>Price (USD)</td></tr><tr><td>Low</td><td>$0.0000119</td></tr><tr><td>Median</td><td>$0.0000125</td></tr><tr><td>High</td><td>$0.0000132</td></tr></tbody></table></figure>



According to CoinMarketCap, SHIB currently trades at $0.00001280, representing a 3.67% increase, with market capitalization standing at $7.54 billion. Daily trading <a href="https://coinmarketcap.com/currencies/shiba-inu/">volume has declined</a> 16% to $149.29 million, according to data from CoinMarketCap.



However, some recent market developments provide important context for today&#8217;s trading patterns.&nbsp;



Transactions from major SHIB holders—defined as those executing trades exceeding $100,000—have increased 365% according to U.Today&#8217;s <a href="https://u.today/365-shiba-inu-shib-whale-comeback-what-caused-it">latest analysis</a>. The renewed activity from institutional investors follows months of relative inactivity and suggests potential institutional confidence returning to the asset.



The token&#8217;s burn rate has also increased, <a href="https://www.binance.com/en-IN/square/post/21743409007330">up 640% over the past 24 hours</a>, according to Coinpedia. However, the reduction in circulating supply has not yet translated into significant price appreciation, indicating conflicted market sentiment. 



At the same time, the decline in trading volume further suggests retail investor hesitation.



Technical analysis indicates SHIB is approaching a critical period. The token is currently hovering just above an important support threshold at $0.00001215. Market analysts caution that failure to maintain the level could trigger additional selling pressure, potentially resulting in a 10% devaluation. The immediate resistance level (R1) for SHIB is set at $0.0000129, followed by additional resistance points at $0.0000132 (R2) and $0.0000135 (R3), according to data from Wallet Investor.&nbsp;



The pivot point, a level indicating the day&#8217;s overall market sentiment, is established at $0.0000126. On the downside, initial support (S1) lies at $0.0000122, with further support levels at $0.0000119 (S2) and $0.0000116 (S3).&nbsp;



Despite immediate challenges, SHIB&#8217;s underlying technological infrastructure through the Shibarium Layer-2 scaling solution and ShibaSwap (BONE) <a href="https://coinpedia.org/price-analysis/shiba-inu-price-prediction-2025-can-shib-rebound-after-recent-downtrend/">continues to provide</a> fundamental support, according to CoinPedia.



Community engagement remains strong, with several prominent analysts maintaining positive longer-term projections. Crypto analyst Javon Marks <a href="https://x.com/JavonTM1">continues to project substantial growth</a> potential if SHIB can successfully breach key resistance levels.



Memecoin assets like Shiba Inu continue to show heightened speculation characteristics and remain vulnerable to broader cryptocurrency market trends, particularly Bitcoin price movements, as well as macroeconomic conditions.&nbsp;



Given the current technical vulnerability and mixed market signals, traders should closely monitor the $0.00001215 support and $0.00001400 resistance levels to assess short-term directional bias.

Shib Inu Price Prediction: Expected Lows and Highs for March 19, 2025

Ripple CEO Brad Garlinghouse confirmed that the U.S. Securities and Exchange Commission will not pursue further appeals in its long-running case against the company, marking the end of a <a href="https://in.benzinga.com/markets/cryptocurrency/25/03/44314642/ripple-sec-lawsuit-nears-end-will-xrp-be-classified-as-commodity-like-ethereum">four-year legal battle</a>.



What Happened: "The case is over," Garlinghouse <a href="https://x.com/bgarlinghouse/status/1902345706636992720">announced</a>, describing the outcome as a "victory" and labeling the SEC's lawsuit as a failed attempt to stifle the crypto industry.



"Ripple is the first company with the resources, determination, and grit to fight back against the agency&#8217;s overreach," he said.



Garlinghouse accused the SEC of engaging in what he called a "war of legal terror," arguing that the agency's lawsuit caused $15 billion in losses to XRP (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/xrp/usd">XRP</a>) investors.



"The SEC wasn't seeking justice—they were seeking to win a case at any cost," he added.



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44395095/recession-would-be-a-big-catalyst-for-bitcoin-blackrocks-head-of-digital-assets-says">Recession Would Be &#8216;A Big Catalyst For Bitcoin,&#8217; BlackRock&#8217;s Head Of Digital Assets Says</a>



Why It Matters: A key element of the case was a judge's earlier ruling that XRP is not a security, a decision Garlinghouse highlighted as laying "the groundwork for policymakers to adopt a set of rules for crypto" in line with long-standing securities laws.



The Ripple CEO also linked the case's conclusion to broader momentum in the crypto space, stating, "With today's news, the war on crypto has ended in defeat for those who turned our own government against an entire industry."



Garlinghouse's remarks come amid reports that the SEC has been weighing whether to recognize XRP as a commodity as part of its settlement talks with Ripple. 



This reevaluation is said to stem from XRP's market function and parallels to Ethereum, which the SEC has already classified as a commodity.



The case, which Garlinghouse described as the "opening salvo in the war on crypto," led to around $15 billion in XRP investor losses. He noted Ripple's legal success, stressing that "XRP has been definitively ruled not to be a security."



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44394754/cathie-wood-hops-on-tokenization-hype-train-says-wed-love-to-tokenize-our-venture-fund">Cathie Wood Hops On Tokenization Hype Train, Says &#8216;We&#8217;d Love To Tokenize Our Venture Fund&#8217;</a></li>
</ul>



Image: Shutterstock

Ripple CEO Announces 'Victory' As SEC Drops Appeal In XRP Lawsuit

Matt Hougan, Chief Investment Officer at Bitwise, believes Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) could more than double to $200,000 by the end of 2025, provided the Federal Reserve takes steps to <a href="https://www.benzinga.com/25/03/44370387/fed-put-on-standby-while-trump-put-may-be-kaput-analysts-expect-jerome-powell-to-pivot-to-a-measured-stance-amid-economic-uncertainty">stimulate the economy</a>.



What Happened: Hougan's remarks come amid what he describes as a &#8220;coiled spring&#8221; effect, where positive crypto developments have been overshadowed by macroeconomic uncertainty.



"There's been so much fundamentally positive news that should have Bitcoin trading at $150,000 to $200,000 today," Hougan said, <a href="https://www.youtube.com/watch?v=Zmuhb8w-67k">speaking</a> with Coindesk.



He pointed to the launch of the <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44258476/bitcoin-reserve-upgrades-crypto-but-paypal-ripple-stablecoins-lag-behind">U.S. strategic Bitcoin reserve</a>, progress on <a href="https://www.benzinga.com/25/03/44267582/us-house-committee-favors-stablecoin-regulation-to-strenthen-dollar-advocates-against-cbdc">stablecoin legislation </a>and the <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43914267/sec-drops-investigation-into-robinhoods-crypto-unit">SEC's rollback</a> of enforcement actions as indicators of an improving regulatory environment for digital assets.



Despite these catalysts, Hougan attributed Bitcoin's current muted performance to broader economic concerns. "The overhang of economic uncertainty is weighing on markets," he explained.



Hougan anticipates a significant rally if the Federal Reserve signals readiness to stimulate the economy and ease fears of a recession.



However, he cautioned that a more conservative Fed approach could stall Bitcoin's momentum. "If the Fed plays the tough parent, Bitcoin could slide back to $72,000," he said, referring to its previous all-time high.



Hougan added that while Bitcoin could temporarily stagnate or retreat in such a scenario, he expects long-term demand to support the asset.



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44383209/solana-underperforms-historical-bitcoin-ethereum-volumes-on-first-day-of-cme-futures-trading">Solana Underperforms Historical Bitcoin, Ethereum Volumes On First Day Of CME Futures Trading</a>



Hougan emphasized the ongoing imbalance between supply and demand in the Bitcoin market, noting, "The Bitcoin network is only producing 165,000 BTC a year, yet ETFs alone bought 500,000 last year."



He also pointed to institutional and corporate interest as reinforcing Bitcoin's long-term trajectory, stating, "MicroStrategy continues to accumulate, and I believe the number of companies buying Bitcoin will triple this year."



What&#8217;s Next: While Hougan refrained from offering short-term predictions beyond the potential $72,000 retracement, he maintained that long-term structural factors remain intact.



"Bitcoin is going to get there eventually," he said, calling recent dips a "buy the dip" opportunity.



Hougan further added that the Federal Reserve's upcoming policy decision will be pivotal in determining whether Bitcoin's breakout comes this spring or later in the year.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44380265/bitcoin-is-past-the-bull-cycle-peak-top-analyst-warns">Bitcoin Is &#8216;Past The Bull Cycle Peak,&#8217; Top Analyst Warns</a></li>
</ul>



Image: Shutterstock

Bitcoin Could Reach $200,000 In 2025 If Fed Relaxes Policy, Bitwise's Matt Hougan Says

Space exploration company Intuitive Machines Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LUNR#NASDAQ">LUNR</a>) and popular meme cryptocurrency Dogecoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/doge/usd">DOGE</a>) may not appear to have much in common, yet both assets have shown comparable price activity over the past year.



What happened: Houston-based Intuitive Machines has garnered both positive and negative press concerning its moon landing attempts. The company&#8217;s stock has shrunk by over 60% in the last one month.



While it made history last year as the first private company to touchdown on the moon, its <a href="https://www.benzinga.com/25/03/44176176/intuitive-machines-stock-falls-after-uncertain-athena-moon-landing-what-you-need-to-know">lunar expedition in 2025</a> proved to be a failure.



The LUNR stock zoomed to a two-year high in January on optimism surrounding the second-moon landing attempt but the growth curve bent dramatically after the mission faced difficulties, triggering a nearly six-month low of $6.48.



See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363340/crypto-leaders-step-up-pressure-on-sec-as-trumps-policies-reshape-regulatory-landscape">Crypto Leaders Step Up Pressure On SEC As Trump&#8217;s Policies Reshape Regulatory Landscape</a>



Similarly, the widely popular Dogecoin spiked to a 42-month high of $0.46 in November on excitement surrounding Donald Trump's presidential victory and establishment of the Elon Musk-led Department of Government Efficiency.



However, the gains were eroded after Trump's tariff policies triggered trade war fears, sending risk-on markets into a tailspin. Since the November high, the meme coin has plunged 63%.



<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="548" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030021/Screenshot-2025-03-19-114739-1024x548.png" alt="" class="wp-image-830777" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030021/Screenshot-2025-03-19-114739-1024x548.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030021/Screenshot-2025-03-19-114739-300x160.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030021/Screenshot-2025-03-19-114739-768x411.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030021/Screenshot-2025-03-19-114739-1536x821.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030021/Screenshot-2025-03-19-114739.png 1614w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>



It's worth recalling that Intuitive Machines has its own lunar legacy tied to the <a href="https://www.benzinga.com/markets/cryptocurrency/21/06/21599868/dogecoin-spacex-to-the-moon-mission-will-involve-selling-space-art-as-nfts">DOGE-1 mission</a>—a SpaceX satellite project fully funded in DOGE meme coin, originally slated for launch in 2022 but delayed multiple times.



The satellite was supposed to go as a rideshare on Intuitive Machines&#8217; successful lunar expedition, the Nova-C/IM-1. The company even evoked "Dogecoin to the moon," a slogan widely used by the coin's advocates, that signifies a rapid rise in its value, potentially to $1.



<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"><div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">We knew <a href="https://twitter.com/elonmusk?ref_src=twsrc%5Etfw">@ElonMusk</a> was taking <a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw">#Dogecoin</a> to the Moon, but had no idea it would be on our flight. &#8211; First Commercial Lander to the Moon <a href="https://t.co/UuqQ3pJl8U">https://t.co/UuqQ3pJl8U</a>&mdash; Intuitive Machines (@Int_Machines) <a href="https://twitter.com/Int_Machines/status/1391843506193326092?ref_src=twsrc%5Etfw">May 10, 2021</a></blockquote><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
</div></figure>



As of this writing, observers from both the space exploration and cryptocurrency world await positive updates around DOGE-1. However, when it eventually takes off, the buzz could spotlight lunar-focused stocks like LUNR, especially if Musk amplifies the event with his signature &#8220;Dogecoin to the Moon&#8221; cheerleading.



Price Action: At the time of writing, Dogecoin was exchanging hands at $0.1684, down 0.18% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;



Shares of LUNR rose 1.14% in after-hours trading, after closing 11.4% lower at $7.010 during Tuesday&#8217;s regular session. 



The LUNR stock exhibited high momentum as of this writing, but these 10 equities topped the list,&nbsp; <a href="https://www.benzinga.com/screener/top-momentum-stocks">according</a> to Benzinga's proprietary Edge Rankings score.



<figure class="wp-block-image size-full"><img loading="lazy" decoding="async" width="473" height="197" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030312/Screenshot-2025-03-19-123257.png" alt="" class="wp-image-830782" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030312/Screenshot-2025-03-19-123257.png 473w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/03/19030312/Screenshot-2025-03-19-123257-300x125.png 300w" sizes="(max-width: 473px) 100vw, 473px" /></figure>



Image by Paopano on Shutterstock



Read Next: 



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<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>

LUNR Stock Might Have Sunk Over 60% In Just A Month But Did You Know The 'To The Moon' Stock's Trajectory Is Similar To Dogecoin?

Robbie Mitchnick, Global Head of Digital Assets at BlackRock (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NASDAQ">BLK</a>), said a potential U.S. recession could act as a powerful driver for Bitcoin's (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) <a href="https://www.benzinga.com/25/03/44320586/bitcoin-sees-potential-bullish-breakout-toward-91000">next bull cycle</a>, citing liquidity injections and fiscal responses as key catalysts.



What Happened: <a href="https://x.com/DegenerateNews/status/1902292905898770757">Speaking </a>with Yahoo Finance on Wednesday, Mitchnick explained that while Bitcoin has historically been perceived as "digital gold," recent price action has fallen short of this reputation.



Despite some optimism following policy shifts in Washington, Bitcoin's performance has been subdued, currently hovering near $83,550 after giving back its late-2024 rally gains.



"The crypto market may have gotten ahead of itself with expectations about how fast deregulation and other catalysts would arrive," Mitchnick said. 



He noted that while Bitcoin rose sharply into the end of 2024, the early part of 2025 has been marked by modest ETF outflows and cautious sentiment.



Mitchnick argued that Bitcoin's fundamental characteristics—its scarcity, decentralization, and independence from traditional monetary systems—position it as a long-term hedge, especially during periods of economic stress. 



"A recession would be a big catalyst for Bitcoin," he said. 



"It's long liquidity, meaning it benefits from increased fiscal spending, deficit accumulation, and lower interest rates—all typical features of a recessionary environment."



While gold has recently surged to record highs amid growing economic uncertainty, Bitcoin has struggled to mirror that trend. 



Mitchnick attributed this partially to short-term correlations and how the crypto market narrative has leaned into viewing Bitcoin as a "risk-on" asset. 



"There's a self-fulfilling element to how Bitcoin is being traded in the short term," he noted.



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44389033/coinbase-introduces-verified-pools-for-clearer-onchain-liquidity-in-limited-areas">Coinbase Introduces Verified Pools For Clearer Onchain Liquidity In Limited Areas</a>



Why It Matters: He also discussed ETF market dynamics, highlighting that recent Bitcoin ETF outflows have been driven primarily by hedge funds unwinding spot-futures arbitrage trades.



"The core long-term holders are still in," he explained, pointing to continued interest from institutional investors despite the volatile price action.



Commenting on the Trump administration's establishment of a <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44212604/peter-schiff-establishes-personal-strategic-bitcoin-reserve-vows-not-to-sell-going-down-with-the-ship-so-others-never-get-on-board">U.S. Strategic Bitcoin Reserve</a>, Mitchnick said, "It's a strong signal of support for Bitcoin's uniqueness within the digital asset space, though the specifics of how the government might accumulate Bitcoin remain to be seen."



While acknowledging market headwinds, Mitchnick emphasized that many professional investors see the current downturn as an opportunity. 



"Some of the most sophisticated Bitcoin accumulators we speak with are treating this dip as a buying opportunity," he added.



Despite challenges facing the broader crypto industry—including recent hacks and concerns about regulatory clarity—Mitchnick remained optimistic about Bitcoin's long-term role as a portfolio hedge against economic instability.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44383209/solana-underperforms-historical-bitcoin-ethereum-volumes-on-first-day-of-cme-futures-trading">Solana Underperforms Historical Bitcoin, Ethereum Volumes On First Day Of CME Futures Trading</a></li>
</ul>



Image: Shutterstock

Recession Would Be 'A Big Catalyst For Bitcoin,' BlackRock's Head Of Digital Assets Says

Ark Invest CEO Cathie Wood on Wednesday announced plans to bring the company's funds <a href="https://www.benzinga.com/markets/cryptocurrency/25/02/43792319/record-breaking-token-creation-in-january-raises-concerns-over-altcoin-liquidity-market-quality">on-chain through tokenization</a>, signaling a strategic push into digital assets.



What Happened: Speaking at the Digital Asset Summit in New York on Tuesday, Wood <a href="https://www.coindesk.com/markets/2025/03/18/ark-invest-s-cathie-wood-says-she-wants-to-bring-ark-invest-funds-on-chain">expressed</a> enthusiasm for transforming traditional investment vehicles, specifically mentioning the Venture Fund (ARKVX) and Digital Asset Revolution Fund, into blockchain-based tokens.



Her comments reflect Ark Invest's ambition to capitalize on the growing tokenization trend, despite regulatory uncertainties in the U.S., while she also issued a cautionary note about the risks of meme coins.



Wood highlighted the potential of tokenization to reshape the financial landscape, stating, "We think tokenization is going to be huge." 



She detailed Ark's interest in tokenizing its funds, saying, "We'd love to be able to tokenize our Venture Fund (ARKVX) or our [Digital Asset] Revolution Fund."



She acknowledged the challenges posed by the lack of a clear regulatory framework for security tokens in the U.S., which has hindered firms from launching such products in a market some project could reach multi-trillion-dollar status by 2030.



Still, Wood sees progress, noting, "I think the regulations are starting to open up in a way that will allow us to do that. So we'd like to seize the moment."



Also Read: <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44380265/bitcoin-is-past-the-bull-cycle-peak-top-analyst-warns">Bitcoin Is &#8216;Past The Bull Cycle Peak,&#8217; Top Analyst Warns</a>



Why It Matters: Speaking with Coin Bureau, Wood <a href="https://x.com/coinbureau/status/1902296611608268866">addressed</a> the speculative frenzy surrounding meme coins, warning investors of potential pitfalls.



She predicted significant losses, stating, "There will be some fearsome declines in the prices of some of these meme assets," and emphasized that regulators like the U.S. Securities and Exchange Commission are not responsible for protecting investors in this space.



Industry experts estimate that tokenization could unlock trillions of dollars in traditional and alternative assets by the end of the decade. 



However, Wood's remarks highlight the dual reality facing the crypto sector: while areas like tokenization are poised for long-term growth, the speculative frenzy surrounding meme coins may soon face a harsh correction.



Read Next: 



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44378673/strategy-announces-500-million-strf-preferred-stock-offering-to-boost-bitcoin-investments">Strategy Announces $500 Million STRF Preferred Stock Offering To Boost Bitcoin Investments</a></li>
</ul>



Image: Shutterstock

Cathie Wood Hops On Tokenization Hype Train, Says 'We'd Love To Tokenize Our Venture Fund'

Anthony Scaramucci, founder and managing partner of SkyBridge Capital, highlighted the improvements in regulation under President Donald Trump compared to the previous regime on Tuesday.



What Happened: During an interaction at the Digital Asset Summit 2025, Scaramucci admitted that the current administration has &#8220;smarter&#8221; people involved in formulating cryptocurrency regulation.



&#8220;If you were talking to people three years ago, particularly people of my vintage that have been around the industry, they were very hesitant, and they would always point to U.S. regulation and the SEC,&#8221; Scaramucci, who previously served as Trump&#8217;s White House Communications Director, said.



He specifically pointed out the limitations imposed by the Gary Gensler-led SEC on Bitcoin exchange-traded funds, which restricted in-kind redemptions.



See Also:<a href="https://www.benzinga.com/24/12/42735744/pharma-bro-martin-shkreli-predicts-doom-for-michael-saylors-microstrategy-as-stock-dips-below-300-in-after-hours-trading"> </a><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44390616/cathie-wood-believes-most-memecoins-wont-face-fearsome-declines-end-up-becoming-collectors-items">Cathie Wood Believes Most Memecoins Will Face &#8216;Fearsome Declines,&#8217; But They Could End Up Becoming Collector&#8217;s Items</a>



&#8220;We&#8217;re fixing that now,&#8221; Scaramucci stated, as SEC filings have been made to <a href="https://in.benzinga.com/etfs/specialty-etfs/25/01/43249653/nasdaqs-bitcoin-etf-shift-could-strengthen-blackrocks-market-position">bring in-kind Bitcoin creation and redemption</a> as an alternative to the current cash-based method.



Scaramucci said &#8220;gambling instincts&#8221; have increased and the ceiling has become &#8220;unlimited&#8221; with regard to the cryptocurrency sector.



Why It Matters: Scaramucci has previously <a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44249696/anthony-scaramucci-says-bitcoin-is-digital-store-of-value-and-the-us-should-own-it">praised the Trump administration&#8217;s</a> efforts to establish a Bitcoin (CRYPTO: <a class="ticker" href="https://www.benzinga.com/quote/btc/usd">BTC</a>) reserve, arguing that it positions the cryptocurrency as a critical component of the nation&#8217;s financial future, akin to digital gold.



In general, Scaramucci has <a href="https://www.benzinga.com/markets/cryptocurrency/24/10/41306653/anthony-scaramucci-praises-trump-for-shifting-the-crypto-debate-hes-now-forced-the-democra">lauded Trump&#8217;s attempts</a> at liberalizing the cryptocurrency industry, though he remains a <a href="https://in.benzinga.com/news/25/03/44211446/anthony-scaramucci-slams-donald-trump-hes-going-to-put-us-into-a-recession-frankly">harsh critic </a>of the president on other issues like tariffs.



<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="Digital Asset Summit 2025 - NYC &#x7C; Main Stage &#x7C; Day 1" width="500" height="281" src="https://www.youtube.com/embed/rsBcx9W--Hw?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div></figure>



Price Action: At the time of writing, Bitcoin was exchanging hands at $83,401.09, up 0.16% in the last 24 hours, according to <a href="https://pro.benzinga.com/dashboard?_gl=1&#x2A;380nj0&#x2A;_ga&#x2A;MTEyOTAyOTcxMy4xNzEzMzY0NTYy&#x2A;_ga_V7ZK73W7N0&#x2A;MTcxNDk4MzIzMi42LjEuMTcxNDk4OTE0Ni4wLjAuMA..">data from Benzinga Pro</a>.&nbsp;



Read Next:&nbsp;



<ul>
<li><a href="https://www.benzinga.com/markets/cryptocurrency/25/03/44363871/peter-schiff-slams-bitcoin-etfs-calls-selling-gold-for-btc-worst-timed-trade-in-history">Peter Schiff Slams Bitcoin ETFs, Calls Selling Gold For BTC &#8216;Worst-Timed Trade In History&#8217;</a></li>
</ul>



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