Crypto Price Prediction: The cryptocurrency market on the weekend recorded a bearish note as the leading cryptocurrency Bitcoin plunged below The supply pressure in the last three days has triggered a market-wide correction evidenced by the 7-8% drop in Ethereum and XRP, a 5% drop in Cardano, and 9-11% fall in top memes coins Dogecoin and Shiba Inu.
However, it seems that industry experts take this downfall as a common retracement for buyers to regain strength. Moreover, the correction may validate the sustainability of an asset for higher levels and offer suitable entry opportunities before the next leap.
Furthermore, Bitcoin price continues to witness a notable inflow through ETFs as Wu Blockchain highlighted notable ETF movements on March 15th, reporting a total net inflow of $198 million into Bitcoin spot ETFs. Grayscale’s GBTC faced a net outflow of $139 million, while Fidelity’s ETF led with a net inflow of $155 million, contributing to its $6.87 billion total historical net
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