Bitcoin reached $72,950 in the late UTC hours on March 4, up 7.09% on the day, as a broad market rally swept through the top ten with Dogecoin leading all major assets at nearly 15% gains in 24 hours.
The CoinMarketCap data as of late March 4 shows a market that moved decisively in one direction for most of the session before giving back a small amount in the final hour. Nearly every asset in the top eleven posted negative 1-hour figures while showing strong 24-hour gains, indicating the bulk of the rally happened earlier in the day and the final hour saw light profit-taking.
Bitcoin is trading around $72,950 at the time of writing, up 7.09% on the day and 5.48% on the week. Ethereum reached $2,152, up 9.10% over 24 hours and 3.78% on the week. Solana gained 9.61% on the day to reach $92.91. Those three assets alone represent the majority of total crypto market capitalization, and all three moving together at that magnitude in a single session is not a routine event.
Dogecoin was the standout performer in the top ten. DOGE gained 14.89% over 24 hours to reach $0.1023, outpacing every other major asset by a significant margin. That kind of outperformance from a memecoin relative to the broader market typically reflects retail re-engagement, the same crowd that sells during fear cycles returning when momentum turns positive.
The 7-day column tells a more complicated story. While the 24-hour numbers are nearly universally green, Cardano is down 8.62% on the week and Bitcoin Cash down 8.95%. XRP managed only 7.73% on the day but sits 0.54% lower on the week. Those 7-day figures reflect the damage done during the February 27 selloff that today’s rally only partially repaired for several assets.
BNB gained 4.69% on the day to $660.99, solid but the weakest performance among the non-stablecoin top ten. Tron added 2.35%, also lagging the broader move. Neither is a bearish signal in isolation, but when the market rallies 7 to 9% and specific assets move 2 to 4%, it suggests capital is rotating toward higher-beta names rather than flowing evenly across the board.
Every single asset in the top eleven shows a negative 1-hour reading despite strong 24-hour gains. Bitcoin gave back 1.03% in the final hour, Ethereum 1.26%, Solana 0.49%. That uniformity across the final hour suggests a coordinated exhale after a large directional move rather than any specific negative catalyst. Markets that move 7 to 10% in a session routinely see profit-taking in the closing hours as traders who bought earlier in the day reduce exposure.
Whether that 1-hour softness continues into tomorrow’s open or gets absorbed as the market digests today’s news cycle is the immediate question. The catalysts that drove today’s move, Trump’s public backing of crypto legislation, the Morgan Stanley ETF filing, the White House meeting with Coinbase, are now priced into the market to some degree. What comes next depends on whether those catalysts produce concrete legislative progress or fade into the background noise of Washington.
Today was a strong day. The month is still young.
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