Crypto Market Sees Stable Performance Amid Global Volatility

The cryptocurrency market wrapped up the week with a cautious tone as Bitcoin and Ethereum traded within a confined range from March 16 to March 20.

Bitcoin maintained its value throughout the period, ranging between US$70,957 on March 16 and around US$70,416 by March 20. The token displayed resilience in the face of geopolitical uncertainties, but experienced intraday dips that tested the US$70,400 support level.

Ethereum, the second-largest cryptocurrency, also showed modest fluctuations during the week. It started at around US$2,092 on March 16 and ended at roughly US$2,142 on March 20, with a brief dip to US$2,070 lows driven by ETF inflows.