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Why is the crypto market up today?

cryptoweekly by cryptoweekly
March 6, 2025
in bitcoin, News
0

The crypto market is up today, mirroring stock market gains fueled by Trump’s delay of Mexico and Canada auto-industry tariffs.

The cryptocurrency market rebounded after a sell-off that drove its overall valuation to the lowest since November 2024.

As of March 6, the global crypto market capitalization had reached $3.10 trillion, rising 5% over the last 24 hours. Top coins, Bitcoin (BTC) and Ether (ETH) led the intraday rally with 5.6% daily gains each.

Crypto market performance Jan. 30. Source: Coin360

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  • Bitcoin at $103K hurtles MARA stack toward $5B, holdings triple
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  • Coinbase revenue falls 10% in Q1, missing industry estimate
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  • Finally blast into space with Justin Sun, Vietnam’s new national blockchain: Asia Express
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