Bitcoin (BTC) has struggled to reclaim $72,000 as multiple onchain indicators signal cooling demand. Investor cohorts appear to be distributing, whale transfers have fallen to multi-year lows, and network activity metrics have trended down since August 2025. Separately, the hash rate slid from 1.2 ZH/s on March 5 to 813 EH/s on Wednesday, while hash price dipped below $34 per PH/s/day, raising concerns about miner capitulation.

AI-focused tokens and stablecoins have been more resilient than most crypto sectors in 2026, even as Bitcoin is down 18.5% and the total market falls to $2.42 trillion. In Q1/2026, the AI sector had the smallest decline at 14%, while stablecoin market cap reached a record $320 billion on March 23 and monthly volumes hit $1.8 trillion in February. Data also shows USDC supply at $78 billion and AI usage metrics such as ChatGPT weekly active users rising to 900 million in March 2026.

Bitcoin's weekly close on Sunday stayed below the 200-week EMA, a setup several traders said could extend downside in the weeks or months ahead. BTC/USD later traded near $71,190 after an intraday low of $67,300, while multiple analyses cited sub-$60K risk and a bear-flag target around $46,600.

Bitcoin's BTC/gold ratio is sitting near historical lows after a 14-month decline, while weekly RSI has rebounded from an oversold 21 and MACD is nearing a bullish cross. Traders are watching whether BTC can keep the $68,000-$70,000 support zone; analysts say losing key weekly levels could raise the risk of a deeper pullback.

On Wednesday, Bitcoin traded around $74,000, approximately 2.6% below the recent six‑week peak of $76,000, as markets awaited the March 18 FOMC rate decision and Jerome Powell's press conference. Derivatives and prediction markets almost fully priced in no change to the current 3.5%–3.75% policy rate, while analysts highlighted $76,000–$80,000 on the upside and $65,000–$60,000 on the downside as critical BTC levels. Continued spot ETF inflows and Powell's tone were seen as potential catalysts for heightened volatility in the coming days.

XRP traded around $1.50 on Tuesday after a recent move to a four-week high of $1.60, while non-empty wallets on the XRP Ledger climbed to a record 7.7 million. On-chain data indicate rising network usage and renewed whale accumulation, and analysts note that converting the $1.50–$1.60 area into support could open the way toward higher resistance levels.

Bitcoin is trading near its all-time high after a strong rally from December 2023 to August 2025, with monthly Bollinger Bands now at their tightest levels and hinting at imminent volatility. A breakout above a symmetrical triangle pattern points to an upside target around $84,500, while onchain cost-basis clusters between $83,000 and $85,000 suggest strong resistance near $84,000 that could limit further gains.

Bitcoin climbed to a six-week high of $74,400 on Monday, briefly surging 2.5% on the day and moving back above its 50-day simple moving average near $71,120. The rally coincided with roughly $300 million in short liquidations and a rise in Bitcoin futures open interest to $49.2 billion, while analysts highlighted the potential for additional upside as BTC trades above key long-term support zones.

Ether traded around 30% below its yearly open of $2,990, while data showed a notable rise in long-term holding and staking activity. ETH in accumulation wallets increased by 6.5 million to 26.55 million since Jan. 1, and staked Ether reached an all-time high of 37.85 million, tightening liquid supply as the price struggles with resistance near $2,200.