Binance Market Update (2022-03-01)
The global cryptocurrency market cap now stands at $1.96T, up by 14% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $38,274 and $44,968 over the past 24 hours. As of 2:15 pm (UTC) today, BTC is trading at $44,590, up by 16% on the day.
Most major cryptocurrencies by market cap are trading lower on the day. Market outperformers include UMA, BTCST, and WAVES, up by 132%, 87%, and 46%, respectively.
Top stories of the day:
- KPMG Canada follows Bitcoin buy with purchase of World of Women NFT
“Having now gone through the process, we are well-positioned to guide our clients around building a corporate NFT strategy,” KPMG said.
- Bitcoin Dominance Rate (BTCD) hits new yearly high
The Bitcoin dominance rate (BTCD) has been increasing since Jan 15 and is approaching a crucial resistance level at 44.5%.
- Dapper hires 2 execs as NFL NFT marketplace debuts to $5M in sales
The NFL All Day maker is adding an SVP of engineering from Dropbox and a CFO from Recharge Payments as the company’s football marketplace goes live.
- Bank of America sees no crypto winter given user adoption, developer activity growth
An analysis of cryptocurrency flows between personal and exchange-based wallets shows a “lack of directional conviction” in the market, Bank of America said in a note entitled “Digital Assets: In the Flow.”
- ETH: $3,032.05 (+14.29%)
- BNB: $413.88 (+12.53%)
- SOL: $101.65 (+12.33%)
- XRP: $0.80096 (+9.63%)
- ADA: $0.9987 (+11.37%)
- LUNA: $91.71 (+20.85%)
- AVAX: $90.22 (+19.48%)
- DOT: $19.39 (+13.6%)
- DOGE: $0.13605 (+8.88%)
- SHIB: $0.00002780 (+15.52%)
Top gainers on Binance:
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