Crypto Gets a Breather on March 5 With Bitcoin Sitting Just Above $72,000

Things were calmer on March 5. Bitcoin had been under pressure for most of the past month, and this particular session did not carry...

Written by: Sophia Cruz • Thursday, March 5, 2026 • 1 min read

• Last updated: Thursday, April 2, 2026

Things were calmer on March 5. Bitcoin had been under pressure for most of the past month, and this particular session did not carry that same weight. The price was hovering around $72,656, and the selling that had been showing up regularly in recent days was mostly absent. It was not an exciting day, but after what markets had been through, boring was welcome.

The day ended with crypto’s combined market value near $2.44 trillion, up around 4.6% on the session. Ethereum closed near $2,130, Solana was back around $90, BNB held above $654, and XRP came in just under $1.42. The individual numbers were fine, but what actually caught attention was that the major assets were moving in the same direction at the same time. That had not been a given lately.

Sentiment gauges were still in cautious territory. Fear and Greed sat at 29 and the broader RSI average across major assets was near 53. The crowd was not rushing back in. It was more like people were testing the water one foot at a time, adding exposure in small amounts and waiting to see whether each session held before doing more.

Where Bitcoin closed relative to $70,000 to $72,000 was the question of the day. That stretch had become the informal dividing line between a market that was recovering and one still in trouble. Holding above it gave bulls something concrete to point to. The next level worth watching above that was $75,000, which kept coming up in conversation as the price that would genuinely change how people were reading things.

March 5 did not get there. But it kept the possibility on the table.

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ABOUT THE AUTHOR See More

Sophia Cruz

Financial Writer - Asian & European Desks

Sophia is an experienced writer, reporter and newsdesk member, mostly on the financial sectors. For the past 5 years Sophia has covered a wide variety of topics such as the financial markets, economics, technology, fin-tech and trading. Sophia has been a part of the FX Leaders team since 2017 and works on producing valuable content and information for traders of all levels of experience.