Price Volatility

Shiba Inu (SHIB) faces rising sell pressure as exchange deposits surge by 208%, signaling potential profit-taking amidst ongoing volatility. Despite a recent price uptick, SHIB remains down significantly year-to-date.

Gate News: According to the latest Gate TradFi data, TME (Tencent Music) has dropped by 20% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

The AI coin market has lost over $15 billion since January 16, 2025, experiencing significant declines across leading tokens. Despite this downturn, the sector still holds a market cap of $22.55 billion, raising questions about its future dominance amidst competing assets.

Gate News bot message, Gate market display: ETH has broken through 2350 USDT, with the current price at 2350.19 USDT.

Gate News: According to the latest Gate TradFi data, TME (Tencent Music) has dropped by 16% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

On March 17, data from Gate showed that the prices of gold and silver increased slightly, while the volatility index of the cryptocurrency market remained largely unchanged. In the foreign exchange market, the US dollar slightly depreciated against the Chinese yuan and the Japanese yen. Global stock indices generally rose, and crude oil prices also increased. The Gate platform supports users in conveniently trading multiple asset classes, enabling the integration of crypto assets with traditional financial assets.

Gate News reported that on March 17, according to Glassnode data, Bitcoin price made a modest breakthrough above $74,000 this week, with short-term holder realized profit (STH-Realized Profit, 12-hour simple moving average) surging to $18.4 million per hour. This is consistent with the pattern observed in February: short-term holders continuously drain momentum from each bounce at the $70,000 level, absorbing upward momentum before any real breakout can form.

Gate News bot message: Since launching on Alpha, Punch has increased by 101.53%, with the current price at 0.01884 USDT.

Crypto analyst Ali Charts predicts XRP could rise to $1.85, following a recent 3.25% increase. Despite cautious community sentiment, the token's price may surge in the coming months, although a correction to $1.49 is also anticipated.

Gate News: According to the latest Gate TradFi data, DAL (Delta Air Lines Inc) has surged by 4% in a short period. Current volatility is significantly higher than recent averages, indicating increased market

Key Insights Shiba Inu confirms a death cross on the daily chart as the short term moving average drops below the long term average. Over 112 billion SHIB moved to exchanges within two days, increasing market attention on potential selling activity and near term price pressure. SHIB

The crypto market has seen slight gains, with a total capitalization of $2.52T and a 56.66% increase in trading volume. Bitcoin dipped slightly, while Ethereum rose. Notable gainers include HARRIS DOGS and PEPE. DeFi and NFT sectors also showed growth, alongside significant industry developments.

Gate News: On March 17, according to monitoring by onchainschool.pro, some VVV whale holders are selling off tokens. One address has unstaked and is gradually selling approximately $600,000 worth of VVV tokens, and this address also holds another $600,000 worth of VVV. Additionally, one bot account holds approximately $200,000 in tokens that are still being sold. As of press time, VVV is trading at $5.63, down 8.1% in the last 24 hours.

Billy Markus commented on Bitcoin's recent price fluctuations, noting its brief rise to $76,000 before dropping to $74,000. Meanwhile, Robert Kiyosaki predicts Bitcoin could reach $750,000 after an impending market crash.

On March 17, London Metal Exchange copper inventories surged to 18,775 tons, hitting the highest level since 2019, putting pressure on copper prices with a short-term decline exceeding 1.4%. On-chain longs faced floating losses, with the largest long position's losses expanding to 41%.

According to Gate News, on March 17, U.S. stock market pre-market crypto-related stocks showed mixed performance, with UPXI up 2.78%, BMNR down 0.34%, SBET up 0.24%, and ALTS down 0.73%. msx.com is a decentralized RWA trading platform that has launched numerous U.S. stock and ETF tokens.

POLYX surged 20.5% in five minutes, now priced at $0.052847, boosted by increased social media activity and trading volume of $41.5 million. Traders watch key resistance and support levels for future price movements.

Ethereum (ETH) price broke through $2,300, surging over 10% and reaching a six-week high, with significant institutional buying pressure. U.S. spot Ethereum ETF inflows hit record highs, with active corporate purchases—BitMine acquired nearly 61,000 ETH. Analysts predict ETH has potential for further gains. The overall market recovery is primarily driven by inflows from institutional and corporate capital.

Dogecoin has recently experienced a price rebound, with large whale holders accumulating a total of 470 million coins, pushing the price back above $0.10. Network active addresses have increased significantly, with notably higher user participation. Analysis indicates that the concentrated buying by whales may be the primary driver of the price recovery. Market activity is rising, and prices are expected to continue climbing in the short term, but investors should monitor market volatility.