Why Is Crypto Going Up Today: Is the Bull Run Just Beginning?

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The global cryptocurrency market is on the rise, with total market capitalization climbing to $2.69 trillion—an increase of 1.15% over the past 24 hours. Despite a 24.01% drop in 24-hour trading volume, Bitcoin’s dominance has edged up to 61.17%, signaling renewed confidence in the flagship digital asset. Investors and traders alike are asking: Why is crypto going up today? And more importantly—could this be the start of a sustained bull run?

This article explores the key drivers behind today’s upward momentum, analyzes technical and macroeconomic signals, and evaluates whether the rally has room to grow or if volatility lies ahead.

What’s Fueling the Crypto Market Surge Today?

US CPI Data and the Fed Rate Cut Outlook

One of the most influential factors moving markets today is the anticipation of the US Consumer Price Index (CPI) data release for February 2025. Set to be published at 12:30 GMT, this report is closely watched by crypto and traditional investors alike.

Economists forecast:

A softer inflation print could signal that the Federal Reserve’s aggressive rate-hiking cycle is nearing its end. Markets are already pricing in an expected 85 basis point rate cut over the course of 2025, which would increase liquidity across financial systems.

👉 Discover how shifting monetary policy could unlock new gains in digital assets.

When interest rates fall, the US dollar often weakens—making hard-capped assets like Bitcoin and other cryptocurrencies more appealing as inflation hedges. This macro backdrop is a major reason behind today’s upward price action.

Additionally, the upcoming Producer Price Index (PPI) data on March 13 adds further momentum, as investors position themselves ahead of potential dovish turns in central bank policy.

Bitcoin’s Technical Rebound Signals Strength

After a sharp correction on March 11, Bitcoin has regained its footing, trading at $82,767.64 with a 1.10% intraday gain. More importantly, price action is forming a pattern of higher lows, nested within a rising wedge—a structure often associated with bullish breakouts.

According to on-chain analyst Ali Martinez, if Bitcoin clears the $84,000 resistance level**, it could trigger a surge toward **$89,000–$90,000. Traders are watching this zone closely, as a decisive breakout could pull altcoins higher in a cascading effect.

Technical indicators support this optimism:

This combination suggests that short-term panic has subsided and institutional interest may be returning.

Investor Sentiment Shifts from Fear to Caution

Market psychology plays a crucial role in crypto price movements. The Fear and Greed Index, which measures investor sentiment, has improved from 24 (Extreme Fear) yesterday to 34 (Fear) today.

While still in the "fear" zone, this upward shift indicates that:

Historically, periods of extreme fear have preceded strong rallies—especially when coinciding with positive macro developments. The current recovery in sentiment aligns with broader market stabilization and could lay the foundation for a sustained uptrend.

Core Cryptocurrency Keywords Driving Trends

To better understand today’s movement, it’s essential to recognize the core keywords shaping investor behavior and search intent:

These terms reflect both technical analysis themes and macroeconomic concerns that influence trading decisions across exchanges and portfolios.

Will Crypto Crash Again? Assessing the Risks Ahead

Despite today’s gains, questions remain about long-term stability. Could another downturn be on the horizon?

Trade Tensions and Economic Uncertainty

Geopolitical developments continue to weigh on global markets. Recent reports indicate that while the US scaled back plans to double tariffs on Canadian steel and aluminum, it still imposed a 25% tariff—sparking concerns about renewed trade tensions.

Such protectionist measures can:

While not directly linked to blockchain fundamentals, macroeconomic instability often triggers volatility in digital asset markets.

Regulatory Delays Shake Confidence

Another source of uncertainty lies in regulatory clarity—or the lack thereof.

The SEC has delayed decisions on multiple cryptocurrency ETF applications, including those for:

Although Franklin Templeton’s XRP ETF filing has sparked optimism, approval isn’t expected before 2025. Analysts estimate only a 65% chance of approval next year, leaving investors in limbo.

Regulatory delays create hesitation among institutional players who rely on clear legal frameworks before deploying capital. Until these issues are resolved, periodic pullbacks remain possible—even during bullish phases.

👉 See how regulatory clarity could accelerate adoption across major crypto networks.

Frequently Asked Questions (FAQ)

Why is cryptocurrency going up today?

Crypto prices are rising due to positive expectations around the upcoming US CPI data, which may lead to future Federal Reserve rate cuts. Lower interest rates typically boost risk assets like Bitcoin and altcoins by increasing liquidity and reducing the appeal of traditional safe-haven assets.

Is the crypto bull run starting again?

Signs point to a potential restart of the bull run. Bitcoin is showing strong technical recovery patterns, investor sentiment is improving, and macroeconomic conditions are becoming more favorable. However, sustained momentum will depend on continued positive data and regulatory progress.

Could crypto crash again in 2025?

Yes, a market correction is always possible. Risks include unexpected inflation data, delayed Fed rate cuts, geopolitical tensions, and ongoing regulatory uncertainty—especially regarding ETF approvals for major cryptocurrencies like XRP and Solana.

How does CPI data affect Bitcoin price?

Lower CPI readings suggest declining inflation, which reduces pressure on the Federal Reserve to maintain high interest rates. This increases liquidity in financial markets and makes non-yielding assets like Bitcoin more attractive compared to bonds or savings accounts.

What is the significance of Bitcoin surpassing $84,000?

Breaking above $84,000 would confirm a bullish breakout from the current rising wedge pattern. Analysts believe this could open the path toward $89,000–$90,000, potentially带动 (driving) broader gains across the altcoin market.

How important is investor sentiment in crypto markets?

Extremely important. Crypto is highly sentiment-driven due to its relatively young market structure and speculative nature. Tools like the Fear and Greed Index help gauge market psychology and often precede major price reversals or continuations.

Final Thoughts: Bullish Momentum Meets Caution

The current crypto rally is being driven by a confluence of favorable factors: anticipated monetary easing, improving technicals, and recovering investor confidence. While trading volume remains subdued, Bitcoin’s resilience after recent volatility suggests underlying strength.

However, challenges persist. Regulatory delays—particularly around ETF approvals—and lingering trade tensions mean that volatility should be expected. Investors should remain informed and prepared for both upside potential and downside risks.

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As we move deeper into 2025, the interplay between macroeconomics, regulation, and technological adoption will define whether this rally evolves into a full-fledged bull run—or fades amid uncertainty.

For now, the trend remains upward. But smart investors know that timing, risk management, and access to reliable platforms are just as critical as spotting early signals.