• Advertise with us
  • Pricing
  • Submit News
Instagram Twitter Facebook Telegram Youtube Linkedin
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
  • News
    • Price Analysis

    Main News

    • Crypto News
    • Bitcoin and BTC
    • Altcoin News
    • Security & Hacks
    • ICO & Token Sales
    • Interviews & Profiles

    Information

    • Press Release
    • Research Report
    • Regulations, Law & Policy
    • Community/Guest Post
    • Events & Conferences
    • Tutorials & Guides

    Market

    • Technical Analysis
    • Price Analysis
    • Cryptocurrency Price Prediction
    • DeFi (Decentralized Finance)
    • Mining & Staking

    Other Categories

    • NFTs & Digital Art
    • Opinion & Editorials
    • Tech Innovations
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
More
  • News
    • Price Analysis
  • Cryptocurrencies
    • Coin Ranking
    • Trending
    • EDA Token
  • Exchanges
    • Spot
    • Derivatives
    • DEX
    • EDA Plantation
  • Verification Centre
    • Rug Pull Check
    • Blockchain Ecosystem
    • EDA Token
  • MarketPlaces
    • NFT Marketplace
    • Digital Literature
    • Digital Mall
    • P2P Market
    • Metaverse
  • EDA Academy
Reading: Bitcoin Hits $82K as Geopolitical Risks Ease
Share
Sign In
EdaFace Newsfeed
EdaFace Newsfeed EdaFace
EdaFace Newsfeed > Latest News > Crypto News > Bitcoin Hits $82K as Geopolitical Risks Ease
Crypto News

Bitcoin Hits $82K as Geopolitical Risks Ease

vitalclick
Last updated: March 12, 2025 8:51 am
5 hours ago
Share
SHARE

Contents
What Happened in Crypto Today? Crypto Market Sees Relief After Massive Bloodbath Will the Market Stay Strong?

The crypto market is finally seeing relief after a tough start to the week, thanks to key political and economic changes. With the changing microeconomic trend, the crypto market quickly added $89 billion, hitting $2.61 trillion, with $2.63 trillion as a key resistance level. Whereas Bitcoin is back above $80,000 and needs to break $82,761 to aim for $85,000, backed by strong investor support.

What Happened in Crypto Today? 

One of the biggest factors behind this bullish call was Ukraine’s agreement to a temporary 30-day ceasefire after talks with U.S. officials according to Bloomberg. This move helped reduce global uncertainty, calming investors who were previously worried about geopolitical risks.

Please see a joint statement from United States Secretary of Commerce Howard Lutnick and myself:
 
Today, United States Secretary of Commerce @howardlutnick and Premier of Ontario Doug Ford had a productive conversation about the economic relationship between the United States…

— Doug Ford (@fordnation) March 11, 2025

At the same time, Ontario announced it was lifting a 25% tariff on electricity exports to Michigan, New York, and Minnesota. This decision eased trade tensions, another factor that had been weighing on financial markets. In the U.S., political leaders also stepped in to reassure investors. House Speaker Mike Johnson encouraged patience regarding President Trump’s economic policies, suggesting that they would bring stability in the long run. Moreover, White House Press Secretary Karoline Leavitt added that the recent market turmoil was only temporary and that the economy was in a transition phase.

These combined factors helped boost confidence, leading to a recovery in both traditional and crypto markets.

Crypto Market Sees Relief After Massive Bloodbath 

The crypto market had been under intense pressure earlier in the week, with nearly $1 billion in liquidations causing Bitcoin and Ethereum to drop to monthly lows. However, the situation has improved significantly. Over the past 24 hours, total liquidations dropped to $384.4 million. Out of this, $138.2 million came from long positions (bets that prices would go up), while $246.2 million were short positions (bets that prices would go down).

Bitcoin was the biggest mover in this recovery, jumping 3.6% to trade at $82,299. According to Coinglass data, Bitcoin liquidations totaled $186.7 million, with most coming from short positions. This means that many traders who had bet against Bitcoin’s price were forced to exit as the market turned in the opposite direction. Ethereum also saw a similar trend, with $73.6 million in liquidations, nearly evenly split between long and short trades.

Will the Market Stay Strong?

The market’s recovery has been driven by political stability and easing economic tensions, but investors are still cautious. While the drop in liquidations and Bitcoin’s price rebound are positive signs, further market movement will depend on how global economic conditions evolve. Any new geopolitical risks or economic policies could still impact the market’s momentum. For now, crypto traders are watching closely to see if this recovery can hold or if more volatility is on the way.

You Might Also Like

A Game-Changer for Crypto in Europe

Discover Five Altcoins Poised for Maximum Gains

Are Cryptocurrency Salaries Becoming More Common in Dubai?

Trump’s Silence Rocked the Cryptocurrency Market! The Market is Focused on These 2 Issues!

Time to Buy XRP? Record $250 Million of Outflow

TAGGED:CryptoNews
Share This Article
Facebook Twitter Email Print
Previous Article Bitcoin Prediction For March 12 
Next Article Big Gesture from the United States to Crypto Money Market! It was accepted by 292 votes against 132!
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Crypto Live Widget

Follow for Live Updates
Subscribe to our newslettern

Get Newest Articles Instantly!

- Advertisement -
Ad imageAd image
Popular News
Cryptocurrency Regulation in Russia : Blockchain Development
Current Cryptocurrency Regulations in India
Explore Cryptocurrency Regulation in South Korea
2 Altcoins Win Trial
Claimed Bitcoin Inventor Craig Wright Gets Shocked in Court! His Assets Are Frozen

Company

  • Vision
  • Mission
  • LitePaper
  • Whitepaper
  • Core Values
  • Branding
  • Teams
  • Career Listing
  • FAQ
  • Welfare Donations

Products

  • EDA Token
  • Blockchain Literature
  • EdaFace Dex
  • EdaFace Mall
  • Listing Platforms
  • Newsfeed
  • NFT Marketplace
  • P2P Market
  • Scam Verification Centre
  • School of Crypto

Legal

  • Term of Use
  • Privacy Policy
  • Disclaimer
  • Listing T&C
  • Listing Platforms
  • Eda Token Policy

Always Stay Up to Date

Subscribe to our newsletter to get our newest articles instantly!

EdaFace

About US

EdaFace is a user interface aggregator that brings all the various functionalities of the crypto industry onto a single platform! You can advertise, launch and crowdfund your crypto project via EdaFace Launchpad and Newsfeed.

Contact us: support@edaface.com

Follow us

Instagram Twitter Facebook Telegram Youtube Linkedin

Copyright © 2022 – 2024. EdaFace is a product of Emerging Digital Age (EDA) Pty Ltd. All Rights Reserved.

Join Us!
Subscribe to our newsletter and never miss our latest news, podcasts etc..

Zero spam, Unsubscribe at any time.
EdaFace
Welcome Back!

Sign in to your account

Lost your password?