The cryptocurrency market seems to be recovering from its recent crash. Bitcoin (BTC) briefly reclaimed the $100,000 level after falling below $93,000 on Monday, Feb. 3, 2025. The global crypto market cap has risen 4.1% in the last 24 hours to $3.35 trillion.
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Is The Cryptocurrency Market Making A Comeback?
The crypto market faced a massive correction on Monday following President Trump’s tariffs on Canada and Mexico. The move led to significant investor worry. The stock and cryptocurrency markets saw massive liquidations.
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The markets eased up on Tuesday after President Trump paused tariffs for 30 days. Investors welcomed the move to pause tariffs. If the taxed countries comply with President Trump’s demands, tariffs may be put on hold indefinitely. In such a scenario, the cryptocurrency market may enter a bull run again.
Top 3 Cryptocurrencies Predicted To Hit New All-Time Highs
1. Ethereum (ETH)
Ethereum (ETH) has struggled to gain momentum over the last few years. While Bitcoin (BTC) hit a new all-time high after its ETF launch, ETH failed to do the same. The cryptocurrency is currently down by 44.4% from its all-time high of $4,878.26. ETH hit its peak in November 2021, more than three years ago.
According to CoinCodex, the second-largest cryptocurrency will hit a new all-time high of $5369.54 on April 4.
2. Dogecoin (DOGE)
DOGE is among the most popular cryptocurrencies in the market. The asset saw a rally after President Trump approved the creation of the Department Of Government Efficient (D.O.G.E.) with Elon Musk at its head. DOGE is currently down by 64.1% from its all-time high of $0.7316. The memecoin peaked in May 2021, nearly four years ago.
According to CoinCodex, the meme cryptocurrency will hit a new all-time high of $1.10 on April 4.
3. Pepe (PEPE)
PEPE is another meme cryptocurrency that has experienced incredible growth since its launch in April 2023. The asset hit an all-time high of $0.00002803 in December 2024, about two months ago. The memecoin has since fallen by more than 64%.
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According to CoinCodex, PEPE could hit a new all-time high of $0.00005132 on March 14.
