Why Is the Crypto Market Up Today? [Live Updates] March 5, 2026

Bitcoin appears to have found its lowest level for 2026 after dropping about 52% from its all-time high to around $60,000. Some analysts who expected prices to fall to $30,000–$40,000 may now miss the early stage of the recovery. The decline was smaller than past cycles, which saw drops of up to 80–90%. Market pressure, including a reported Binance trading glitch and heavy institutional activity, pushed prices lower earlier. With economic data improving, many investors now expect the broader bull market to begin.