On March 30, the price of Bitcoin briefly crossed the $29,000 mark, setting a new high for 2023. This growth has occurred in spite of a number of regulatory crackdowns, including a lawsuit filed by the US Commodity Futures Trading Commission against Binance and its CEO Changpeng “CZ” Zhao. The recent price rebounds, according to traders, may have been caused by large-volume traders reinvesting rather than by fundamentals. Despite hiccups in the world banking sector, the Crypto Fear and Greed Index has been rising steadily over the past month. News Sorce

As cryptocurrency markets once again experienced bullish sentiment, XRP climbed to its highest level since May of last year. Cardano rallied as well, with the token increasing by more than 11%. Breaking through a long-term ceiling at $0.5550, XRP/USD reached its highest point since May 9. A recent ceiling at the 70.00 level was also broken by the 14-day relative strength index (RSI). News Sorce

Although some exchanges are immune to banking issues, stablecoins are seen as a potential solution to cryptocurrency’s banking problem. Stablecoins, according to Bitstamp USA CEO Bobby Zagotta, can provide a substitute for conventional banking by enabling quicker and more affordable transactions, reducing reliance on banks, and boosting liquidity. News Sorce