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Latest Crypto Market Report | 17 March 2025

The cryptocurrency market recovered from a bearish trend in the previous week, with major cryptocurrencies such as Bitcoin and Ethereum experiencing significant price increases and profits.

The previous week’s events were the most bullish for the cryptocurrency market, particularly altcoins, and we’re excited to see what this month brings. Before continuing, check out our Latest Crypto Market Report.

On January 27, CoinMarketCap reported a market cap of ₹237.15 trillion. Furthermore, the top-performing currencies have witnessed enormous gains in recent weeks, attempting to set a new market trend.

As of the past week, Bitcoin is priced at ₹7,280,013.18, reflecting a 0.66% fall within the last 24 hours with a massive price surge of 1.59% over 7 days. Regarding Ethereum, ETH is currently valued at ₹166,095.14, showing a 0.84% drop in the past 24 hours, with a massive price drop of 7.75% over 7 days.

Latest Crypto Market Report: Top Trending Coins

In the past week, three cryptocurrencies have remained the talk of the town because of some recent developments related to these cryptocurrencies: BNB (BNB), Shiba Inu (SHIB), and Mantra (OM). 

In the past week, the price of BNB showed an 11.18% surge. Additionally, the token experienced a marginal surge of 2.89% in the past 24 hours. The token is currently trading at the price of ₹54,439.98.

Shiba Inu (SHIB), the token, illustrated a 9.61% jump compared to other major cryptocurrencies. Moreover, SHIB has also shown a 4.48% price surge in the past 24 hours, trading at a price range of ₹0.001168.

In addition, the Mantra (OM) token surged by 12.14% in the last 7 days. Moreover, in the past 24 hours, the token also jumped by 3.22%. In addition, the price of the OM token is trading at ₹596.44. 

Top Crypto Gainers & Losers

The past week remains the most bullish week for the crypto market in 2025. So, let’s have a look at some of the top crypto gainers and losers from the past day:

Crypto market Report

How the Crypto Market Became Bullish?

The crypto market’s bullish run over the past week is driven by a combination of significant developments and positive sentiment. One key factor is the announcement of a U.S. Strategic Bitcoin Reserve, with former President Donald Trump reportedly signing an order to establish a national Bitcoin reserve.

Institutional adoption is another major driver, with reports indicating that Wall Street giants and large financial institutions are increasing their involvement in the crypto space, reflecting growing confidence in its long-term potential.

Bullish Crypto Market Report: Trending News From the Last Week

▪️According to Reuters, Russian companies are adopting cryptocurrencies such as Bitcoin and USDt to enable trade with China and India in the face of international sanctions.

▪️VanEck, a global investment management firm, has registered an Avalanche exchange-traded fund (ETF) with the US Securities and Exchange Commission (SEC), aiming to provide investors with direct access to the smart contract platform.

▪️Pavel Durov, the founder of the popular messaging service Telegram, has left France and relocated to Dubai, as approved by a French court.

According to a Barron’s report citing unnamed sources, Durov was granted permission by a French court to leave the country on March 13, allowing him to travel to Dubai, a city known for its business-friendly environment and lack of extradition agreements with many countries.

️SunCrypto Views

The recent bullish trend in the cryptocurrency market demonstrates its dynamic evolution, which has included substantial gains and increasing investor confidence. This development reflects the increasing institutional interest and technological advancements.

Despite these ongoing developments, the market’s intrinsic volatility persists. To navigate potential risks, investors should exercise caution, perform extensive research, and apply a variety of tactics. While the recent bullish trend is tremendous, it’s critical to approach the cryptocurrency market with care and a long-term mindset.

For more crypto-related content like the Latest Crypto Market Report, informational blogs, and crypto news, check out Suncrypto Academy.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared,  if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur. We recommend you do your own research or consult an expert before making any investment decision. You may write to us at [email protected].

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