Crypto Market Overview
Let's turn our attention to today's overall Crypto market situation.
As of 6:34 AM on March 20, 2025, according to sosovalue, the total market cap of the crypto market stands at 2.92 trillion US dollars, witnessing an increase of 1.43% compared to yesterday.
The total trading volume is 127.71 billion US dollars, marking a significant rise of 53.2% from the previous day.
Cryptocurrency Market Update
According to sosovalue, the price of $BTC is 85,800 USD, an increase of 3.09% from yesterday. The market cap of $BTC is 1.70 trillion USD, accounting for 58.4% of the total market cap; $BTC's 24-hour trading volume is 37.63 billion USD, making up 29.5% of the total trading volume.
The price of $ETH is 2,013.6 USD, up 4.01% from yesterday; the market cap of $ETH is 242.90 billion USD, representing 8.33% of the total market cap; $ETH's 24-hour trading volume is 21.05 billion USD, comprising 16.5% of the total trading volume.
The combined market capitalization of $BTC and $ETH accounts for 66.73% of the total cryptocurrency market cap, and their combined trading volumes constitute 46.0% 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 06:30 Hong Kong time, according to sosovalue, the top five gainers are:
Top 1 gainer is NEIRO. As of 06:30 today, its market cap is 125.95K, with a coin price of 0.00012595 USD, witnessing a 24-hour increase of 750%.
The second is TUT. As of 06:30 today, its coin price is 0.059245 USD, with a 24-hour increase of 149%.
The third is BROCCOLI. As of 06:30 today, its coin price is 0.062280 USD, showing a 24-hour increase of 92.5%.
In fourth place is DIAM. As of 06:30 today, its coin price is 0.016750 USD, with a 24-hour rise of 74.9%.
In fifth place is ASI. As of 06:30 today, its coin price is 0.012200 USD, increasing by 56.4% over the last 24 hours.
Sector Performance in the Crypto Market
According to sosovalue, out of 16 sectors, 16 are up and 0 are down. Notably, the PayFi, AI, and $ETH sectors are worth mentioning.
PayFi Sector
The PayFi sector has risen by 6.44% relative to the UTC 0 time, led by gains in plu (45.7%), tel (19.2%), and ecox (8.8%).
AI Sector
The AI sector has increased by 5.34% relative to UTC 0, with tut (147%), ASI (76.9%), and ali (47%) leading the rise.
The $ETH sector has risen by 4%, with $eth (4%) leading the rise.
Let's go through the Crypto news worth paying attention today according to sosovalue:
The first is:The U.S. spot
Bitcoin ETF has achieved net inflows for three consecutive days, while the
Ethereum ETF continues to trend with net outflows. According to SoSoValue data, the total net inflow of the U.S. spot
Bitcoin ETF on Tuesday was $209 million, marking the longest positive inflow period since early February. BlackRock's IBIT was the main contributor to the net inflow, while Ark Invest & 21Shares experienced a net outflow of $9 million. Meanwhile, the net outflow of the spot
Ethereum ETF has continued for ten days, the longest record since its launch in July last year. BlackRock's ETHA and Grayscale's Mini
Ethereum Trust reported net outflows of $40.17 million and $9.33 million, respectively.
Bitcoin price increased by 0.54% to $83,560, while
Ethereum rose by 1.91% to $1,941.
Next news:According to Wu, Blockworks has learned that former U.S. President Donald Trump is expected to speak at the New York Digital Assets Summit on March 20. The conference will also feature representatives such as Congressman Ro Khanna, Tom Emmer, and industry executives including Strategy CEO Michael Saylor and Ripple CEO Brad Garlinghouse, who announced at the event that the U.S. SEC has withdrawn its appeal against Ripple.
Next news:
According to reports from @EmberCN, a giant whale transferred 44.70 thousand AAVE (8.18 million USD) to Binance 2 hours ago, realizing a profit of 1.46 million USD on AAVE. They accumulated 43.80 thousand AAVE (6.60 million USD) on Binance between August and November 2024 at an average price of 150.4 USD, and today transferred it to Binance at a price of 183 USD, earning 1.46 million USD (+22%).
Next news:
According to Wu Shuo, as reported by The Wall Street Journal, sources reveal that the cryptocurrency exchange Kraken is nearing a $1.50 billion acquisition of the U.S. retail futures trading platform NinjaTrader, with an announcement expected as early as Thursday. This deal will enable Kraken to leverage NinjaTrader's Futures Commission Merchant (FCM) license to offer cryptocurrency futures and derivatives trading in the U.S., and will also drive NinjaTrader's expansion in the UK, continental Europe, and Australia.
Next news:BTC price breaks through $84,000, daily increase of 2.94%. According to a PANews report on March 19, the OKX market shows that
$BTC has just surpassed $84,000, with the current trading price at $84,000.00 and a daily increase of 2.94%.
Next news:Three executives from Trump's media group have established a special purpose acquisition company (SPAC) aimed at acquiring a cryptocurrency or blockchain company in the United States. The company is named Renatus Tactical Acquisition Corp I, registered in the Cayman Islands, and plans to raise $178.90 million. The management team of the SPAC is closely associated with Trump's media company, with Eric Swider serving as CEO, Devin Nunes as chairman, and Alexander Cano as COO. The company plans to complete the business combination through an initial public offering and private placement. Recent policy changes from the Trump administration, including an executive order to create a strategic
Bitcoin reserve, have driven this initiative.
Next news:The operators of Garantex, a cryptocurrency exchange sanctioned by Russia, are reportedly transferring customer funds to a new trading platform called Grinex. According to an investigation by Swiss blockchain analysis firm Global Ledger, Grinex is actually a direct continuation of Garantex. The U.S. Department of Justice, in collaboration with German and Finnish authorities, has frozen multiple domains associated with Garantex and frozen $23 million in funds. Garantex was sanctioned by the U.S. Treasury for involvement in money laundering and illegal activities. The new platform Grinex operates using the same infrastructure as Garantex and has launched a ruble-backed stablecoin A7A5 issued by Promsvyazbank's cross-border payment platform A7.
Next news:The Uniswap community has passed two governance proposals, approving a new fund of $165.50 million to drive the growth of the Unichain Layer 2 and Uniswap v4 protocol. These proposals are part of the "Uniswap Unleashed" initiative, aimed at expanding the Uniswap ecosystem through new grant programs and liquidity incentives. The Uniswap Foundation, in collaboration with Gauntlet, plans to invest $95.40 million for the grant budget, with an additional allocation of $25.10 million for operations over the next two years. Another proposal requests $45 million to support liquidity incentives. Gauntlet has deployed an Aera treasury for the Uniswap Foundation on the mainnet, with an initial funding of 750,000 UNI tokens, valued at approximately $52 million. The price of UNI tokens has risen by over 10%. The proposals also lay the groundwork for a "fee switch" that will redirect a portion of protocol revenue from liquidity providers to UNI token holders. The Uniswap Foundation is an independent nonprofit organization responsible for overseeing the growth of the Uniswap protocol, community, and ecosystem.
Next news:
According to reports, Slow Mist's Chief Information Security Officer 23pds has warned that the AMOS and Lumma information stealing programs have recently been spreading through Reddit posts, disguised as cracked versions of TradingView, specifically targeting cryptocurrency users to steal wallets and personal data. This malware can affect both Mac and Windows users, and it is recommended that users avoid downloading unofficial software to enhance account security.
Next news:According to Wu, Arthur Hayes, co-founder of BitMEX, tweeted that Powell has fulfilled his promise, and quantitative tightening (QT) is essentially ending on April 1. To truly drive the market into a bull phase next, either the Supplementary Leverage Ratio (SLR) exemption policy needs to be restored, or quantitative easing (QE) should be restarted.
Bitcoin at $77,000 might be the bottom; there's a possibility of this. However, the stock market may need to experience some more turbulence before Jay (Powell) fully aligns with the Trump team.
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.