SoSo Daily Mar 14 | Bitcoin falls below 81,000 USDT

Let's turn our attention to today's overall Crypto market situation.
As of 11:59 PM on March 13, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.74 trillion US dollars, witnessing a decrease of 4.22% compared to yesterday; the total trading volume is 107.52 billion US dollars, marking a decline of 12.2% from the previous day.

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 UNCX Network. As of 23:50 today, its market cap is 6.13M, with a coin price of 169.60 USD, witnessing a 24-hour increase of 212%.
The second is LayerAI. As of 23:50 today, its coin price is 0.0063910 USD, with a 24-hour increase of 140%.
The third is Prisma Governance Token. As of 23:50 today, its coin price is 0.054860 USD, showing a 24-hour increase of 62.6%.
In fourth place is ChainX. As of 23:50 today, its coin price is 0.070640 USD, with a 24-hour rise of 60.5%.
In fifth place is Moonwell. As of 23:50 today, its coin price is 0.024680 USD, increasing by 34.4% over the last 24 hours.


Moving on, let's take a look at the sector performance in crypto market.
According to sosovalue, out of 16 sectors, 4 are up and 12 are down. Notably, Meme, AI, and RWA sectors are worth mentioning.




Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:Bitcoin has dropped below 81,000 USDT.
Next news:The Trump family reportedly engaged in discussions to acquire a stake in Binance.US, according to the Wall Street Journal. This potential investment highlights the family's interest in the cryptocurrency sector. Details about the outcome of these talks or the extent of the investment interest were not disclosed.
Next news:The Trump family is negotiating a financial stake with Binance's U.S. division, while Binance founder Changpeng Zhao seeks a pardon from the Trump administration. The negotiations began last year when Binance reached out to Trump allies, aiming to restore its position in the U.S. market. Zhao was sentenced to four months in prison and fined heavily for failing to maintain an effective anti-money laundering program. Trump's recent involvement in the cryptocurrency industry has significantly increased, including signing an executive order to create a U.S. strategic Bitcoin reserve.
Next news:MoonPay has acquired the stablecoin infrastructure platform Iron, marking its latest move in mergers and acquisitions. This acquisition is part of MoonPay's strategy to expand its capabilities in the cryptocurrency space. The deal highlights the growing interest in stablecoin technology and infrastructure among major players in the crypto industry.
Next news:

CZ tweeted to deny the claims in The Wall Street Journal report regarding discussions about Binance US trading or pardons with the Trump family, stating that the "facts were wrong." CZ revealed that the WSJ had asked hundreds of people related questions in an attempt to create news, but he has never discussed Binance US trading or pardons with anyone. He stated that as the only criminal in U.S. history imprisoned for a single violation of the Bank Secrecy Act (BSA), he does not oppose pardons but emphasized that the report may be targeting President Trump and reflecting the aftermath of the previous administration's "anti-crypto war" against the crypto industry.

Next news:

According to Wu, Robinhood will launch Pudgy Penguins (PENGU), Popcat (POPCAT), and Peanut the Squirrel (PNUT).

Next news:

According to reports, on-chain analyst @EmberCN has monitored that the "50x leverage whale on Hyperliquid" has closed its positions today, with a total profit of $80,000 from dual platform and dual-line operations. $2.24 million was used to short $ETH on GMX, and after 5 minutes, it was quickly closed with a profit of $170,000; $2.30 million was used to long $ETH and short $BTC on Hyperliquid, which just closed and returned $2.46 million USDC, earning $160,000; $1.50 million was used to long $ETH on GMX, which just closed and returned $1.24 million, resulting in a loss of $250,000.

Next news:Solv has successfully raised $10 million to support its Bitcoin Reserve Offering, aiming to enhance the adoption of Bitcoin finance among institutional investors. This funding round is expected to bolster Solv's efforts in promoting Bitcoin as a viable financial asset for institutions.
Next news:

The U.S. Senate Banking Committee has passed the first committee approval of the cryptocurrency industry stablecoin regulation bill, the "GENIUS Act," which aims to establish federal-level oversight of stablecoin issuers in the United States. The bill now requires approval from the full Senate, while the House of Representatives is also considering a similar version. The committee advanced the bill with a vote of 18 to 6, but coordination between the Senate and House versions is still needed. (CoinDesk)

Next news:Circle is planning to bring Hashnote, a tokenized treasury issuer valued at $1 billion, under its Bermuda license. This move is part of Circle's strategy to expand its operations and regulatory compliance. Jeremy Allaire, the CEO of Circle, is leading this initiative.

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.