Bitcoin moved back above the $70,000 level after a brief drop the day before. As of March 20, it was trading near $70,563, gaining 1.34% over the past 24 hours, reflecting continued investor interest in the leading cryptocurrency.
At the same time, other major cryptocurrencies showed weakness. Ethereum fell by 0.61% to around $2,145, while XRP declined by 0.14% to about $1.45. This mixed performance highlights the current uncertainty in the crypto market.
Stocks of crypto-related companies also showed mixed dynamics. Shares of Coinbase and Robinhood declined in pre-market trading, while Strategy, known for its Bitcoin investments, posted a slight gain. Meanwhile, shares of crypto exchange Gemini rose more than 4.8% despite mixed financial results for 2025.
Traditional markets remain under pressure due to geopolitical tensions in the Middle East. Oil prices stay elevated, while futures on major U.S. stock indices are declining. Additional volatility is driven by the expiration of options worth about $5.7 trillion, increasing uncertainty across financial markets.