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news-imageMarch 16, 2025

Crypto market today: CAKE, Mantle, Mantra rises, XRP and HBAR prices sink

The crypto market today held steady as investors remained optimistic that the worst is now behind us. This hope rose after stocks and crypto prices surged on Friday, with the top three US indices like the Dow Jones, Nasdaq 100, and S&P 500 rising by over 1.5%.
Publisher: Invezz
Sentiment: Neutral
CAKE
HBAR

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Positive
cover-imageCointelegraph
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XRP's role in US Digital Asset Stockpile raises questions on token utility — Does it belong?

Ripple's XRP (XRP), the third-largest cryptocurrency by market cap, gained national recognition after President Donald Trump mentioned the “valuable cryptocurrency” alongside BTC, ETH, SOL, and ADA as part of a planned US strategic crypto reserve. Trump's executive order on March 6 established a new structure for the altcoins — the Digital Asset Stockpile, managed by the Treasury.

Positive
cover-imageBenzinga
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XRP Delivering Steady Gains For Prominent Trader—Can Dogecoin, Shiba Inu Keep Up?

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Neutral
cover-imageCointelegraph
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Price analysis 3/17: SPX, DXY, BTC, ETH, XRP, BNB, SOL, DOGE, ADA, PI

Bitcoin (BTC) has largely stayed above $80,000 since March 11, indicating that the bulls are not waiting for a deeper correction to buy. However, the failure to propel the price above $86,000 shows that the bears have not given up and continue to sell on rallies.CoinShares' weekly report shows that cryptocurrency exchange-traded products (ETPs) witnessed $1.7 billion in outflows last week.

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