Crypto Market Records Mild Gains as Bitcoin Holds Steady and Solana Rallies

The cryptocurrency market posted mild gains on Tuesday following a strong rebound on Monday, driven by President Donald Trump's more flexible stance on upcoming tariffs.

Bitcoin (BTC) is flat over the past 24 hours, trading around $88,466. Ethereum (ETH) slipped by 0.6%, dropping to $2,080, while XRP fell by 0.2%, currently trading at around $2.47. In contrast, Solana (SOL) surged by 2%, reaching $146.

The total cryptocurrency market capitalization decreased by 1.5% in the past 24 hours to $3 trillion, according to CoinGecko. During the same period, total liquidations amounted to $179 million, with BTC accounting for $42 million and ETH contributing $32 million. Altcoins made up approximately $20 million of the total, according to CoinGlass data.

Optimism is growing for a bullish rebound in the cryptocurrency market, particularly Bitcoin's potential rally to all-time highs by the end of 2025, experts say. However, the Fear & Greed Index slipping to 34 today signals caution, as traders remain wary of ongoing market volatility.

Bitcoin Predictions

Hani Abuagla, Senior Market Analyst at XTB MENA, discussed Bitcoin’s potential trajectory, noting that it is emerging from the second-largest correction in the current bull market. If this trend continues, Bitcoin could peak in the fall of 2025.

“Recent weeks for Bitcoin and the entire market have not been successful, bringing massive liquidation of leverage and a decline in interest in speculation,” he said. “If Wall Street rebounds, rising to new ATHs on a wave of easing concerns around trade policy, giving investors an injection of optimism, we may well see an increase above $100,000 in the spring.”

Abuagla cited higher US inflation and investor risk aversion as the main threats, potentially reducing interest in Bitcoin-related ETFs.

“Such a scenario could cause the market to speculate about the actual end of the BTC bull market,” Abuagla said. “Lower flows of funds to stock exchanges and the lack of visible, new demand are also causing some concerns.”

Despite these challenges, Abuagla remains optimistic, believing that demand could return—especially among individual investors. He also highlighted that at least two rate cuts from the Federal Reserve this year could provide additional momentum for Bitcoin's growth.