The total crypto market cap surged by over 1.2 percent in the past 24 hours to hover about $2.84 trillion on Saturday, March 15, 2025. The mild crypto recovery was heavily welcomed, despite the industry having lost over $1 trillion in net valuation during the last two months.
The wider altcoin market followed Bitcoin’s (BTC) price in a bullish recovery during the past 24 hours. As a result, the fear of further crypto capitulation significantly dropped as shown by Bitcoin’s fear and greed index which surged to 46 percent, which represents market neutrality.
Major Factors that Influenced Crypto Recovery Today
Sustained Gold Price Rally
In the past three days, gold price has rallied over 3 percent to hit a new all-time high of around $3k per ounce for the first time in its history as a store of value for humanity. With Bitcoin regarded as digital gold, speculation about a V-shaped BTC price reversal surged across different social media channels.
The wider crypto market, which has over the years moved in tandem with Bitcoin, benefited from the mild BTC price rebound.
Stock Market Gains
The wider crypto market followed major stock indexes in a bullish outlook in the last 24 hours. After a notable decline earlier this week, the S&P 500, NASDAQ Index, and the Dow gained around 2 percent in the last 24 hours.
Since the second inauguration of U.S. President Donald Trump 
Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election President the wider crypto market has signaled a positive correlation with major stock indexes.
Crypto Regulatory Clarity
The cryptocurrency market recorded a mild recovery in the past 24 hours as the United States Security and Exchange Commission (SEC) proposed the implementation of a strategic Bitcoin reserve through the use of XRP. According to the U.S. SEC, XRP should be considered a payment asset and not a security investment.
As a result, the agency believes that XRP can be used to free up funds locked up in the U.S. Nostro account, which can be used to purchase more Bitcoins. The regulatory clarity from the U.S. SEC has played a crucial role in instilling confidence in the wider crypto market.
FAQs
The crypto market is recovering, with a 1.2% surge in total market cap, Bitcoin rebounding, and improved investor confidence from SEC clarity.
