Binance Market Update (2022-03-04)
The global cryptocurrency market cap now stands at $1.84T, down by 3.31% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $40,877 and $44,105 over the past 24 hours. As of 10:31 am (UTC) today, BTC is trading at $41,650 down by 3.67% on the day.
Most major cryptocurrencies by market cap are trading lower on the day. Market outperformers include UMA, TORN, and GLMR, up by 36%, 27%, and 12%, respectively.
Top stories of the day:
- BTC could outperform stocks in 2022 - Bloomberg March report
The analysts asserted that 2022 could be the year that Bitcoin gains the upper hand over the stock market based on the assessment.
- Genesis Digital plans a 100% clean energy mining center in Sweden
The new facility will be powered by a mix of hydro, nuclear and wind energy sources.
- Swiss City of Lugano to make Bitcoin and Tether 'De Facto' legal tender
The city has partnered with stablecoin issuer Tether to establish bitcoin, Tether, and Lugano's own LVGA Points token as essentially legal tender in the city.
- ETH: 2,738.51 (-5.84%)
- BNB: $397.32 (-2.41%)
- SOL: $93.10 (-6.04%)
- XRP: $0.7409 (-3.30%)
- ADA: $0.883 (-3.47%)
- LUNA: $91.123 (-2.87%)
- AVAX: $76.49 (-3.82%)
- DOT: $17.15 (-4.00%)
- DOGE: $0.1276 (-3.52%)
- SHIB: $0.00002499 (-1.89%)
Top gainers on Binance:
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