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Binance Market Update (2022-03-08)
Binance
2022-03-08 20:00
The global cryptocurrency market cap now stands at $1.74T, up by 3.70% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $37,162 and $39,362 over the past 24 hours. As of 08:00 PM (UTC) today, BTC is trading at $38,782, up by 3.86%.
Most major cryptocurrencies by market cap are trading higher. Market outperformers include AERGO, KNC, and TORN, up by 35%, 23%, and 22%, respectively.
Top stories of the day:
- Adobe's Behance integrates Solana NFTs
- NFT start up Immutable raises $200M to develop blockchain gamingNon-fungible token (NFT) startup Immutable has become the latest to conclude a massive round of funding to develop its layer-2 scaling platform and blockchain games.
- Biden planning to sign executive order on crypto this week: ReportsAccording to reports from Bloomberg and Reuters, President Joe Biden is set to sign an executive order this week summarizing the U.S. government’s strategy for dealing with cryptocurrencies.
- Nagax, the crypto trading platform of German Fintech Naga, set to launchGerman fintech Naga (N4G), which offers investment in stocks and crypto via its mobile app, said the crypto trading platform it announced in January will start operating March 7.
- Crypto-fund inflows tripled last week to highest in almost three monthsA net $127 million went into digital-asset funds during the week ended March 4, with minor outflows in Europe and large inflows in the Americas.
Market movers:
- ETH: $2580.57 (+4.78%)
- BNB: $384.2 (+5.09%)
- XRP: $0.7244 (+1.84%)
- LUNA: $86.14 (+12.15%)
- ADA: $0.803 (+2.16%)
- SOL: $82.99 (+3.25%)
- AVAX: $74.51 (+5.28%)
- DOT: $17.14 (+6.33%)
- DOGE: $0.1175 (+1.91%)
- SHIB: $0.00002312 (+3.26%)
Top gainers on Binance:
- AERGO/BUSD (+35%)
- KNC/BUSD (+23%)
- TORN/BUSD (+22%)
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