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Binance Market Update (2022-03-08)

2022-03-08 16:00
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The global cryptocurrency market cap now stands at $1.72T, down by -1.76% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $37,162 and $39,550 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $38,661, down by -1.14%.
Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AERGO, KNC, and ZEC, up by 25%, 20%, and 15%, respectively.

Top stories of the day:

  • Adobe's Behance integrates Solana NFTs
    Behance, Adobe’s social media platform for creatives, announced on Monday that users with a Phantom wallet can now showcase their Solana (SOL) non-fungible tokens (NFTs) on their profiles.
  • NFT start up Immutable raises $200M to develop blockchain gaming
Non-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.
According 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.
German 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.
A 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.
Fantom ecosystem tokens and value locked on DeFi protocols have fallen in the past 24 hours.

Market movers:

  • ETH: $2562.19 (-2.17%)
  • BNB: $384.1 (+0.52%)
  • XRP: $0.7237 (-3.09%)
  • LUNA: $81.6 (-1.34%)
  • ADA: $0.799 (-4.77%)
  • SOL: $82.69 (-2.91%)
  • AVAX: $72.39 (-3.70%)
  • DOT: $16.82 (-0.59%)
  • DOGE: $0.1167 (-3.79%)
  • SHIB: $0.00002305 (-2.21%)

Top gainers on Binance:

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