{"id":2030,"date":"2025-03-31T14:08:30","date_gmt":"2025-03-31T14:08:30","guid":{"rendered":"https:\/\/pi42.com\/blog\/?p=2030"},"modified":"2025-04-03T11:14:03","modified_gmt":"2025-04-03T11:14:03","slug":"crypto-mcap-is-on-a%f0%9f%93%89-hanging-at-a-key-support-level","status":"publish","type":"post","link":"https:\/\/pi42.com\/blog\/crypto-mcap-is-on-a%f0%9f%93%89-hanging-at-a-key-support-level\/","title":{"rendered":"Crypto Mcap is on a\ud83d\udcc9, Hanging at a Key Support Level"},"content":{"rendered":"\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_76 ez-toc-wrap-left counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<label for=\"ez-toc-cssicon-toggle-item-69da5de19caee\" class=\"ez-toc-cssicon-toggle-label\"><p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-cssicon\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69da5de19caee\"  \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/pi42.com\/blog\/crypto-mcap-is-on-a%f0%9f%93%89-hanging-at-a-key-support-level\/#weekly-highlights\" >Weekly Highlights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/pi42.com\/blog\/crypto-mcap-is-on-a%f0%9f%93%89-hanging-at-a-key-support-level\/#market-insights\" >Market Insights<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/pi42.com\/blog\/crypto-mcap-is-on-a%f0%9f%93%89-hanging-at-a-key-support-level\/#current-market-structure\" >Current Market Structure:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/pi42.com\/blog\/crypto-mcap-is-on-a%f0%9f%93%89-hanging-at-a-key-support-level\/#upcoming-events\" >Upcoming Events<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"weekly-highlights\"><\/span>Weekly Highlights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>SEC Drops its case against Ripple:&nbsp; <\/strong>Ending a long legal battle, the SEC formally dismissed its lawsuit against Ripple<\/li>\n\n\n\n<li><strong>COTI rolled out its long-awaited v2.0 Mainnet: <\/strong>The upgrade enhances scalability, security, and decentralization for COTI\u2019s ecosystem.<\/li>\n\n\n\n<li><strong>USDC stable coin receives approval for use in Japan: <\/strong>Circle\u2019s USDC becomes one of the few stablecoins legally approved under Japan\u2019s new crypto regulations.<\/li>\n\n\n\n<li><strong>Trump Media<\/strong> looks to partner with Crypto.com to launch ETFs: Trump Media is exploring a partnership with Crypto.com to introduce crypto-based ETFs.<\/li>\n\n\n\n<li><strong>DWF Labs launches a $250 million liquid fund for mainstream crypto adoption: <\/strong>The new fund aims to accelerate blockchain innovation and drive global crypto adoption.<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-9effcbe1 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--1\"><a class=\"wp-block-button__link has-white-color has-midnight-gradient-background has-text-color has-background has-link-color has-border-color has-text-align-center wp-element-button\" href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" style=\"border-color:#8fb2ff;border-style:solid;border-width:3px;border-radius:18px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\" target=\"_blank\" rel=\"noopener\"><strong>Trade <\/strong>on<strong> Pi42<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"market-insights\"><\/span>Market Insights<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image\"><a href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" src=\"https:\/\/lh7-rt.googleusercontent.com\/docsz\/AD_4nXdNHWhW_bcd0J-81cod7tjCZ7I3wZI66zr6msswqHEF0pZyHG-6-00V4WX6cwbFNMm9OMbFK8OVvvZ6iGQrA67ndy0i2uMpSSd0f-DqjuxTIuXynjXO6eMlBnzmjsiSxxAuh5vw8_ODhtY-aNU-GZo?key=5WcyGaNJd_gsOm5gdSLHkSZT\" alt=\"\"\/><\/a><\/figure>\n\n\n\n<p><strong>Crypto Total Market Cap (TOTAL) Analysis: <\/strong>The Total Market Cap Represents Combined valuation of all cryptocurrencies, reflecting overall market strength or weakness<\/p>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-9effcbe1 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--2\"><a class=\"wp-block-button__link has-white-color has-midnight-gradient-background has-text-color has-background has-link-color has-border-color has-text-align-center wp-element-button\" href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" style=\"border-color:#8fb2ff;border-style:solid;border-width:3px;border-radius:18px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\" target=\"_blank\" rel=\"noopener\"><strong>Trade <\/strong>on<strong> Pi42<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"current-market-structure\"><\/span>Current Market Structure:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li>The market cap is at $2.62T, testing a key support Zone between $2.6T \u2013 $2.7T, which aligns with the previous cycle\u2019s peak.<\/li>\n\n\n\n<li>The 100-Week EMA (currently at $2.24T) is a critical long-term support level<br>A sustained bounce from this zone could signal bullish continuation, while a breakdown may lead to further downside.<br><br><strong>Conclusion:<\/strong> If TOTAL holds above 2.6T, it could indicate market stabilization and a potential rebound. However, a decisive break below could trigger a deeper correction towards the 200-week EMA.<\/li>\n<\/ul>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"174\" data-attachment-id=\"1974\" data-permalink=\"https:\/\/pi42.com\/blog\/us-dollar-index-104\/whatsapp-image-2025-03-27-at-14-44-04\/\" data-orig-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04.jpeg\" data-orig-size=\"1129,192\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"WhatsApp Image 2025-03-27 at 14.44.04\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04-300x51.jpeg\" data-large-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04-1024x174.jpeg\" src=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04-1024x174.jpeg\" alt=\"\" class=\"wp-image-1974\" srcset=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04-1024x174.jpeg 1024w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04-300x51.jpeg 300w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04-768x131.jpeg 768w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.44.04.jpeg 1129w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"upcoming-events\"><\/span>Upcoming Events<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>US Fed Chair Powell Speaks\u20144th April: <\/strong>Market volatility expected as Powell provides insights on monetary policy<\/li>\n\n\n\n<li><strong>US Unemployment Rate Data:<\/strong><strong> <\/strong>Key economic indicator release that may impact financial markets just before Powell speaks on 4th April<\/li>\n\n\n\n<li><strong>Wormhole Token Unlock:<\/strong><strong> <\/strong>Major Token unlock for Wormhole ($W) is set for 3rd April releasing 47.4% of the circulation supply in to the markets that could influence wormhole price action<\/li>\n<\/ul>\n\n\n\n<div class=\"wp-block-buttons has-custom-font-size has-medium-font-size is-horizontal is-content-justification-center is-layout-flex wp-container-core-buttons-is-layout-9effcbe1 wp-block-buttons-is-layout-flex\" style=\"margin-top:0;margin-bottom:0;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\">\n<div class=\"wp-block-button has-custom-width wp-block-button__width-50 has-custom-font-size is-style-outline has-medium-font-size is-style-outline--3\"><a class=\"wp-block-button__link has-white-color has-midnight-gradient-background has-text-color has-background has-link-color has-border-color has-text-align-center wp-element-button\" href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" style=\"border-color:#8fb2ff;border-style:solid;border-width:3px;border-radius:18px;padding-top:0;padding-right:0;padding-bottom:0;padding-left:0\" target=\"_blank\" rel=\"noopener\"><strong>Trade <\/strong>on<strong> Pi42<\/strong><\/a><\/div>\n<\/div>\n\n\n\n<figure class=\"wp-block-image size-large\"><a href=\"https:\/\/pi42app.app.link\/lRj1wmsP1Lb\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"358\" data-attachment-id=\"1976\" data-permalink=\"https:\/\/pi42.com\/blog\/us-dollar-index-104\/whatsapp-image-2025-03-27-at-14-43-14\/\" data-orig-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14.jpeg\" data-orig-size=\"1600,560\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"WhatsApp Image 2025-03-27 at 14.43.14\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-300x105.jpeg\" data-large-file=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-1024x358.jpeg\" src=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-1024x358.jpeg\" alt=\"\" class=\"wp-image-1976\" srcset=\"https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-1024x358.jpeg 1024w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-300x105.jpeg 300w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-768x269.jpeg 768w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14-1536x538.jpeg 1536w, https:\/\/pi42.com\/blog\/wp-content\/uploads\/2025\/03\/WhatsApp-Image-2025-03-27-at-14.43.14.jpeg 1600w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><\/a><\/figure>\n","protected":false},"excerpt":{"rendered":"<p>Weekly Highlights Market Insights Crypto Total Market Cap (TOTAL) Analysis: The Total Market Cap Represents Combined valuation of all cryptocurrencies, reflecting overall market strength or weakness Current Market Structure: Upcoming Events<\/p>\n","protected":false},"author":11,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"zakra_page_container_layout":"customizer","zakra_page_sidebar_layout":"customizer","zakra_remove_content_margin":false,"zakra_sidebar":"customizer","zakra_transparent_header":"customizer","zakra_logo":0,"zakra_main_header_style":"default","zakra_menu_item_color":"","zakra_menu_item_hover_color":"","zakra_menu_item_active_color":"","zakra_menu_active_style":"","zakra_page_header":true,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[246],"tags":[244,10],"class_list":["post-2030","post","type-post","status-publish","format-standard","hentry","category-newsletter-2","tag-newsletter","tag-pi42"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2030","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/comments?post=2030"}],"version-history":[{"count":3,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2030\/revisions"}],"predecessor-version":[{"id":2039,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/posts\/2030\/revisions\/2039"}],"wp:attachment":[{"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/media?parent=2030"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/categories?post=2030"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pi42.com\/blog\/wp-json\/wp\/v2\/tags?post=2030"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}