Crypto Market Today (March 7)

Despite U.S. President Donald Trump’s recent announcement about a Bitcoin reserve, BTC price backtracked to an intraday low of $84K. Simultaneously, Ethereum (ETH), Solana (SOL), and XRP prices dropped by 1-6%. Meme coins also traded mainly in the red zone on Friday. The broader sector’s actions collectively sparked severe investor concerns despite the latest pro-crypto advancements.