Cryptocurrency markets were trading higher in Friday's trade, led by Bitcoin, Ethereum, Solana, and Dogecoin. Meanwhile, the global cryptocurrency market cap surged 1.8% to around $2.65 trillion in the last 24 hours.

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"Over the past 24 hours, Bitcoin has experienced relatively stable price movement, consolidating around the $70,400 mark. However, Bitcoin's trading volume has decreased by approximately 20%. The next resistance level for Bitcoin is at $71,855, with the next support level at $69,231," said Edul Patel, CEO of Mudrex.

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In today's session, Dogecoin emerged as the top performer among the leading crypto tokens, surging by 9.2% to reach $0.20.

"Technical analysis shows that DOGEs performance could be attributed to a prolonged reversal, with a flattened-out bottom. We can expect a strong support around $0.15 with resistance at $0.21," said Parth Chaturvedi, Investments Lead, CoinSwitch Ventures.

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A judge said Thursday that federal sentencing guidelines call for former crypto mogul Sam Bankman-Fried to spend the rest of his life in prison, but he'll order a sentence of less than life once he decides the penalty Bankman-Fried must pay for his role in the 2022 collapse of FTX, once one of the world's most popular platforms for trading digital currency.

(With inputs from agencies)

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)

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Cryptocurrency Price on March 29: Bitcoin trades above $70,000; Dogecoin jumps over 9% - The Economic Times