On March 21, 2025, Bitcoin’s price decreased to 84,000 USD, while Ethereum’s value reached 1,948.93 USD, also reflecting a 2.4% downturn. XRP, too, faced a 5.2% dip, a notable change amidst the volatility associated with the expiration of significant contracts.
The Chicago Board Options Exchange’s VIX index increased, indicating heightened market uncertainty. In the Bitcoin options market, there is rising demand for downside protection, with the Bitcoin Bull Score hitting a two-year low, signifying prevalent risk aversion among traders.