{"id":422261,"date":"2026-03-17T03:34:02","date_gmt":"2026-03-16T22:04:02","guid":{"rendered":"https:\/\/dripp.zone\/news\/crypto-markets-soar-as-stocks-rally-oil-drops-5-crypto-news\/"},"modified":"2026-03-17T04:43:05","modified_gmt":"2026-03-16T23:13:05","slug":"crypto-markets-soar-as-stocks-rally-oil-drops-5-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/crypto-markets-soar-as-stocks-rally-oil-drops-5-crypto-news\/","title":{"rendered":"Crypto Markets Soar as Stocks Rally, Oil Drops 5% &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<p>Total crypto capitalization is up 3.5%, with Layer 1s and memecoins leading the charge.<\/p>\n<div>\n<p>Crypto markets are off to a strong start this week, with major altcoins surging amid more than $400 million in short liquidations. Stocks rallied while oil dropped 5% after U.S. Treasury Secretary Scott Bessent told <a rel=\"nofollow\" target=\"_blank\" href=\"https:\/\/www.cnbc.com\/2026\/03\/16\/us-is-allowing-iranian-tankers-through-strait-of-hormuz-says-bessent.html\" target=\"__blank\" rel=\"noopener noreferrer \">CNBC<\/a> that Iranian oil tankers are being allowed to transit the Strait of Hormuz.<\/p>\n<p>Bitcoin (BTC) is trading at around $74,000, up 3.5% over the past 24 hours. Layer 1 tokens are outperforming, with ETH surging 10% to $2,320, and SOL climbing 8% to $95.<\/p>\n<p>Meanwhile, Polkadot (DOT) rallied 15%, Ripple (XRP) and Cardano (ADA) gained around 9%, and BNB added 2%. <\/p>\n<figure><figcaption class=\"text-center text-xs\">ETH Chart<\/figcaption><\/figure>\n<p>The overall crypto market capitalization climbed 3.5% to $2.61 trillion, according to Coingecko.<\/p>\n<p>Michael Saylor\u2019s Strategy purchased an additional 22,337 Bitcoin between March 9 and March 15 for approximately $1.57 billion at an average price of $70,194 per coin, according to a Monday SEC filing. The acquisition, one of the company&#8217;s largest to date, brings its total holdings to 761,068 BTC.<\/p>\n<p>Nearly all of the Top 100 digital assets posted gains over the last 24 hours.<\/p>\n<p>Today\u2019s top gainers are Zcash (ZEC) and PEPE, which both surged 20%.<\/p>\n<p>TRUMP and Bittensor (TAO) are the biggest losers, down 4% and 2%, respectively.<\/p>\n<p>Around 120,000 leveraged traders were liquidated for $542 million in the past 24 hours, according to CoinGlass, with short positions comprising $420 million. Bitcoin accounted for $173 million, while ETH led with $220 million.<\/p>\n<p>Bitcoin exchange-traded funds (ETFs) recorded inflows of $180 million on Friday, bringing last week\u2019s total inflows to $767 million, according to SoSoValue.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Total crypto capitalization is up 3.5%, with Layer 1s and memecoins leading the charge. Crypto markets are off to a strong start this week, with major altcoins surging amid more than $400 million in short liquidations. Stocks rallied while oil dropped 5% after U.S. Treasury Secretary Scott Bessent told CNBC that Iranian oil tankers are [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":422263,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[6],"tags":[274,273,272,244,266,271,268,270,269,267],"class_list":["post-422261","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-de-fi","tag-crypto-finance","tag-decentralized-finance","tag-liquidity","tag-metamask","tag-pancake","tag-slippage","tag-sushiswap","tag-tronlink","tag-trust-wallet","tag-uniswap"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422261","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=422261"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422261\/revisions"}],"predecessor-version":[{"id":422264,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/422261\/revisions\/422264"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/422263"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=422261"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=422261"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=422261"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}