SoSo Daily Mar 8 | Bitcoin briefly surged to reach $91,000.

According to sosovalue, the price of $BTC is 86,780 USD, a decrease of 3.63% from yesterday. The market cap of $BTC is 1.72 trillion USD, accounting for 58.4% of the total market cap; $BTC's 24-hour trading volume is 69.00 billion USD, making up 41% of the total trading volume.
The price of $ETH is 2,140.4 USD, down 2.85% from yesterday; the market cap of $ETH is 258.13 billion USD, representing 8.77% of the total market cap; $ETH's 24-hour trading volume is 24.04 billion USD, comprising 14.3% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 67.17% of the total cryptocurrency market cap, and their combined trading volumes constitute 55.3% of the total trading volume.

After reviewing the overall crypto market situation, let's shift our focus to the top 5 token gainers of the day:
As of 12:00 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is Mint Blockchain. As of 23:50 today, its market cap is 11.74M, with a coin price of 0.0699 USD, witnessing a 24-hour increase of 1300%.
The second is Neiro on ETH. As of 23:50 today, its coin price is 0.000079234 USD, with a 24-hour increase of 538%.
The third is Elixir. As of 23:50 today, its coin price is 0.4114 USD, showing a 24-hour increase of 311%.
In fourth place is Prosper. As of 23:50 today, its coin price is 0.6204 USD, with a 24-hour rise of 86.2%.
In fifth place is Avalon. As of 23:50 today, its coin price is 0.7152 USD, increasing by 80.8% over the last 24 hours.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:
Next news:President Donald Trump has signed an order to establish a reserve for Bitcoin and other digital assets, likened to a 'Fort Knox' for cryptocurrencies. This move aims to create a stockpile of digital assets, potentially impacting the financial markets and the future of digital currency regulation.
Next news:

The non-farm payroll in the United States increased by 151,000 in February, below the market expectation of 160,000. The unemployment rate in the United States for February is 4.1%, with an expectation of 4.00% and a previous value of 4.00%.

Next news:

A senior official at the White House confirmed that the cryptocurrency summit held by President Trump on March 7 will not discuss tax issues, but will instead focus on reversing the destructive policies implemented by the previous Biden administration. Additionally, Bitcoin will receive "special treatment" on the federal government's balance sheet, as it is considered the safest, most decentralized, and issuer-free compared to other crypto assets. (Cointelegraph)

Next news:The U.S. Department of Justice, in collaboration with Germany and Finland, has seized multiple domain names associated with the sanctioned Russian cryptocurrency exchange Garantex. Since April 2019, Garantex has been accused of assisting criminal organizations in laundering at least 96 billion USD through its platform. Tether aided the U.S. Secret Service in freezing 23 million USD of illegal digital assets. Blockchain forensics company Elliptic helped identify Garantex's hidden transactions. The U.S. Department of Justice has also charged Garantex's technical administrator Aleksej Besciokov and co-founder Aleksandr Mira Serda, accusing them of conspiring to launder money, violating sanctions, and operating an unlicensed money transfer business. The U.S. Department of the Treasury's Office of Foreign Assets Control sanctioned Garantex in April 2022.
Next news:According to Wu, Binance has announced the launch of a "Vote to List" and "Vote to Delist" mechanism to enhance the community's voice in the project selection process. Users can vote to support projects they wish to be listed; those receiving the highest votes and passing due diligence will be prioritized for listing. Additionally, projects listed in the "Monitoring Zone" that have no product updates, low community activity, or present risks can be voted on by users to decide whether to delist. Furthermore, Binance announced that exclusive TGE projects for Binance Wallet will directly enter the Alpha Observation Zone, and adjustments will be made to listing methods such as Launchpool, Megadrop, and HODLer Airdrop.
Next news:According to Wu Shuo, on March 7, U.S. law enforcement agencies released documents revealing that Chris Larsen, co-founder of Ripple, had approximately 150 million USD (283 million XRP) stolen in January 2024 due to the private keys being stored in the password manager LastPass, which suffered a significant data breach in 2022, allowing hackers to gain access to the crypto assets. Previously, Larsen had not publicly disclosed the specific reason for the theft of his wallet.
Next news:Zoroo, the founder of Yescoin, has been detained by the Shanghai police due to a dispute with a business partner. Yescoin stated on social media that this incident has evolved from a business agreement into a criminal case, undermining consensus and peace. Nevertheless, Yescoin continues to operate normally. Yescoin is a "sliding earn" game based on The Open Network, where users collect tokens and complete tasks to earn rewards by sliding their screens.
Next news:

According to Bloomberg, Kraken is seeking to go public as early as the first quarter of next year. Previously, Kraken announced that SEC staff have agreed in principle to dismiss the lawsuit against Kraken, with no admission of wrongdoing, no fines, and no changes to its business. Kraken is one of several cryptocurrency companies considering an IPO, with others planning to go public including Circle, BitGo, Gemini, and Bullish. Founded in 2011, Kraken has raised approximately $27 million in primary capital to date.

Next news:JUST IN: 🇺🇸 Nasdaq to offer 24-hour trading on its stock exchange. https://t.co/xrKi2DHKhF


Okay that's all for today. Thank you for tuning in, and we hope you found it helpful. Visit sosovalue.com, our one-stop financial research platform for crypto investors, to stay abreast of the latest market trends and key information. Until next time, goodbye.