Bitcoin Today 03/01/2025: BTC Trades Above $96K as ADA Continues 12% Rally

The price of Bitcoin Today 03/01/2025 is showing significant stabilization in the last 24 hours, which has kept the asset above the US$ 96 thousand zone. The cryptocurrency market today is showing considerable increases in asset prices, with emphasis on the ADA token, from Cardano , which is following a rally of over 12% for the second consecutive day.

Yesterday, Bitcoin traded as low as $95.911 before beginning its upward movement and peaking at $97.723, according to market data. At the time of publication, the price of Bitcoin was quoted at $96.613,35, down 0.1% over the last 24 hours, equivalent to approximately R$596,876.98 BRL and €93,837.51 EUR.

Source: TradingView

Cardano saw a 12% price surge today and is leading the gains among major cryptocurrencies. In its weekly development, the asset has seen a gain of over 20%. At the time of publication, Cardano’s price is trading at $1,08 and is up 11.6% in the last 24 hours.

While analyzing the price action of ADA, renowned cryptocurrency analyst, Ali Martinez, observed that the asset is forming a pattern seen in the last cycle, suggesting a strong bullish momentum soon. “Cardano $ADA is forming like the last cycle, making me think a big move is coming. A push to $4 could happen within a few weeks!” he wrote.

Source: TradingView/Ali Martinez

In the same vein, following Bitcoin’s recent movement, most major cryptocurrencies are showing significant recoveries in their prices in the last 24 hours. Ethereum is trading at $3.462,72 with a 0.2% drop in its price. XRP is trading at $2,42 with a 0.5% increase. Solana is up 2.8% and is trading at $214,20.

Given the considerable recovery of the cryptocurrency market today, several tokens are showing considerable increases, such as: HBAR, DOT, ICP, TAO, XRM, ALGO, among others.