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Due to profit taking and bad news about Credit Suisse bank, Bitcoin and other crypto tokens were selling in the deep red on Thursday. The markets for riskier commodities are likely to be most concerned about a liquidity crunch, especially in light of Silicon Valley Bank's failure.Bitcoin was once again above the predetermined psychological levels after trying the $24,000 level and had fallen more than 1% in the previous day. However, Ethereum, which is its biggest rival, reported a larger decrease and was below the $1,700 mark. Altcoin, however, experienced a severe drop.On Thursday, all other well-known crypto tokens were trading with significant losses aside from the stablecoins linked to the US dollar. Avalanche experienced a 10% decline, whereas Litecoin, Shiba Inu, and Solana all experienced 8% declines. Polkadot and Cardano both lost 6 percent, while Polygon fell by 7 percent.The market capitalization of all cryptocurrencies was down significantly, trading at $1.17 trillion, after dropping as much as 3% over the previous day. Similar to this, overall trading volume fell by close to 21%, or about $81.03 billion.

On Wednesday, cryptocurrencies continued to increase. The market capitalization of all cryptocurrencies was $1.1 trillion, with $102.4 billion in traffic traded in the previous day.BitcoinThe biggest and most well-known virtual currency in the world, Bitcoin, increased 2.3 percent to $24,838.4 after momentarily crossing the $26,000 mark. Its market valuation was 481.4 billion dollars. The value of the trade was $55 billion.EthereumEthererum, also known as Ether, the second-largest virtual currency, increased 2.3 percent to $1,707, with a market capitalization of $209.5 billion. In the previous day, Ethereum trades were worth $16.4 billion.DogecoinThe virtual currency Dogecoin, which is founded on memes, increased by 4.4 percent on Wednesday. It had a $10 billion market worth. There were $660.7 million worth of transactions.Solana Solana share price dropped 3% to $23.8 and now has a $9 billion market value. $527.3 million worth of Solana trades were made in the previous day.Shiba Inu Shiba Inu market capitalization rose by 2.9 percent to $6.2 billion. $516.5 million worth of transactions were made over the past 24 hours.Polygon Polygon market capitalization decreased by 2.7 percent to $10.5 billion. In the previous 24 hours, there were $1 billion worth of trades.

A quick analysis of the cryptocurrency market on March 10: On Friday morning, the market capitalization of all cryptocurrencies was $932.30 billion.On early Friday morning, Bitcoin (BTC) and Ethereum (ETH), two of the most valuable crypto currencies, were able to surpass $19,000 and $1,400, respectively. Other well-known altcoins, such as Ripple (XRP) and Dogecoin (DOGE), suffered losses as general prices saw only modest increases in all markets. The Klaytn (KLAY) token saw the largest increase, rising more than 5.46 percent in a single day. On the other side, the Huobi Token (HT) ended up being the biggest loser.The market capitalization of all cryptocurrencies was $932.30 billion at the time of writing, representing a decline of 6.53% over the previous 24 hours.Bitcoin price todayAccording to CoinMarketCap, the price of one bitcoin was $19,927.04, a decline of 8.39% over the previous 24 hours. WazirX, an Indian platform, reported that the price of BTC was Rs 17.75 lakhs.Ethereum price todayAt the time of writing, the price of ETH was $1,418.46, a decline of 7.86% over the previous 24 hours. According to WazirX, the price of Ethereum in India was Rs. 1.24 crores.Dogecoin price todayAccording to data from CoinMarketCap, the 24-hour loss for DOGE, which is presently trading at $0.06587, was 8.38%. The price of Dogecoin in India was Rs 5.9732, according to WazirX.Litecoin price todayThe 24-hour loss for Bitcoin was 74.92%. It was currently selling at $10.15 at the time of writing. The price of LTC was Rupees 6,710.67 in India.Ripple price todayThe price of XRP was $0.3737, down 3.72 percent over the previous 24 hours. Bitcoin was priced at Rs 32.7000 on WazirX.Solana price todayThe price of Solana was $17.01, a decline of 8.30% over the previous 24 hours. According to WazirX, the SOL cost in India was Rupees 11,632.00.

The market capitalization of all cryptocurrencies was $1.01 trillion, with a turnover of almost $44.3 billion over the previous day. Powell's hawkish remarks and the uncertainties surrounding Silvergate Bank "may take traders and investors some time to understand and analyse."BitcoinThe biggest and most well-known virtual money in the world, Bitcoin, decreased 1.4 percent to $22,188.1. At the time, it had a $428.9 billion market worth. The value of the transaction was $22.9 billion."Bitcoin is currently being traded between $22,230 and $22,247. If BTC falls below its present level, the next support level would be $19,000."EthereumEthererum, also known as Ether, which is the second-largest virtual money, decreased 0.9 percent to $1,563.7 and has a market value of $191.5 billion. In the previous day, $6.9 billion worth of Ethereum was traded.Ethereum is currently valued at $1,555, with its next level of support at $1,450, and is following a similar pattern to Bitcoin.DogecoinA virtual currency founded on memes, decreased by 2.4 percent on Wednesday. It was valued at $9.8 billion on the market. There were $283.4 million worth of transactions.Solana Solana dropped 3.4 percent to $20.1 with a market capitalisation of $7.7 billion. In the previous 24 hours, Solana saw trades worth $396.4 million.Shiba Inu Shiba Inu market capitalization fell by 2.6 percent to $6 billion. In the previous 24 hours, there were $236.7 million in transactions.PolygonThe market capitalization of Polygon, which was down 0.3 percent to $1.1, was $10 billion. $504.4 million worth of transactions were made over the past 24 hours.

The price of Bitcoin, the most popular altcoin in the world, has sharply increased recently, rising by 2.2%. The sudden increase has rekindled debate about Bitcoin's future course and led buyers to review their holdings.According to a Reuters report, Kraken will reduce its use of Signature BankBitcoin transaction The use of Signature Bank, a bank with a focus on cryptocurrencies, is allegedly being reduced by Kraken for some of its crucial financial operations, continuing a trend of cryptocurrency exchanges moving away from particular banks.Non-corporate Kraken clients will no longer be able to transfer or withdraw money in dollars using Signature Bank, according to an email examined by Bloomberg. On March 15, deposits will gradually stop, and on March 30, disbursements will also stop. Kraken attributed the modification to Signature's changes.When CoinDesk asked Kraken and Signature Bank for confirmation or more information, neither company replied. LedgerX, a cryptocurrency derivatives trading platform, also declared earlier this week that it would cease using Silvergate Bank and start using Signature Bank to accept domestic wire transfers.Concerns Raised by Binance's Inconsistent Statements Regarding Lost $1.8B USDCOne of the biggest cryptocurrency exchanges in the world, Binance, has come under fire for making contradictory claims about losing USDC stablecoin valued $1.8 billion. Investors are worried about the scandal, and many are doubting the platform's dependability and transparency.According to a Forbes article from August 17, 2022, Binance wallets had received a transfer of $1.78 billion in collateral designated to back stablecoins, particularly b-USDC, a wrapped version of Circle's USDC.$1.2 billion of this collateral was transferred to trading company Cumberland DRW, according to Forbes' analysis of the blockchain data, which Binance has not refuted. The remaining funds were sent to individuals and organisations like Justin Sun, the founder of Tron, and Amber Group, a provider of crypto infrastructure and services.Economic Events to Watch on ThursdayThere are several economic events to monitor on Thursday, March 2. The CPI Flash Estimate year-over-year for the European Union will be made public. It is anticipated to be 8.3% for the total CPI and 5.3% for the core CPI. At 1:30 pm in the United States, the Unemployment Claims report will be made public. 196,000 applications are anticipated.Bitcoin Price The price of one bitcoin is currently $23,411; the 24-hour transaction volume is $24.9 billion. With a live market cap of $451 billion, Bitcoin presently holds the top spot on CoinMarketCap. 21,000,000 BTC tokens are available, with 19,305,393 currently in circulation.The critical level of $23,750 presented opposition to Bitcoin, which it found difficult to overcome. As a result, the price of BTC experienced a bearish correction and may now decline towards the $22,800 support mark. The next level of support might be located around $22,150 if this one fails to hold.The BTC/USD pair is oversold, but there is a chance of a recovery if this situation continues. As a consequence, Bitcoin might surpass the $23,500 resistance level and possibly reach a price of $24,250.

Quick analysis of the cryptocurrency market on February 27: On Monday morning, the market capitalization of all cryptocurrencies was $1.08 trillion.The eldest and most valuable cryptocurrency in the world, Bitcoin (BTC), was unable to surpass $24,000 over the weekend. On the other side, Ethereum (ETH) was able to maintain stability within the $1,600 band. Other well-known altcoins, such as Dogecoin (DOGE), Solana (SOL), Ripple (XRP), and Litecoin (LTC), experienced a blend of reds and greens. The NEO token, with a 24-hour increase of more than 11%, turned out to be the largest gainer of the group.At the moment of writing, the market capitalization of all cryptocurrencies was $1.08 trillion, up 1.64 percent over the previous 24 hours.Bitcoin price todayAccording to CoinMarketCap, the price of one bitcoin was $23,583.32, up 1.55 percent over the previous day. The price of Bitcoin was Rs 20.43 lakhs, according to Indian platform WazirX.Ethereum price todayAt the moment of writing, the price of ETH was $1,641.79, up 2.43 percent over the previous day. According to WazirX, the price of ethereum in India was Rs. 1.41 crores.Dogecoin price todayAccording to statistics from CoinMarketCap, DOGE, which is currently trading at $0.08205, saw a 24-hour gain of 0.92 percent. Dogecoin's worth in India was Rs 7.25, according to WazirX.Litecoin price todayThe 24-hour decline for Litecoin was 1.46 percent. Its price at the time of writing was $94.95. In India, LTC was priced at Rupees 8,290.Ripple price todayThe price of XRP was $0.3765, down 0.56 percent over the previous 24 hours. The price of ripple was Rs 32.80, according to WazirX.Solana price todayThe price of solana was $23.04, up 1.66 percent over the previous day. SOL cost Rs 2,071 in India, according to WazirX.

On Friday, most cryptocurrencies saw a drop. The market capitalization of all cryptocurrencies was $1.09 trillion, with a volume of roughly $56.2 billion over the previous day.BitcoinBitcoin, the biggest and most used virtual money in the world, decreased 2.7 percent to $23,861.4. It had a market valuation of $462, 8 billion. The value of the transaction was $28.9 billion. In the past seven days, the coin has increased by 0.8 percent.EthereumThe second-largest virtual currency, dropped 1.6 percent to $1,643.6 and had a market value of $201.9 billion. In the previous day, $8.4 billion worth of Ethereum was traded. In the past week, ether has decreased by 0.6%. On the other side, Ethereum is still holding steady at $1,650.DogecoinA virtual currency founded on memes, decreased by 2.4 percent on Friday. It was valued at $11.2 billion in the market. A total of $318.6 million was traded.Solana Solana share price dropped 3% to $23.8 and now has a $9 billion market value. $527.3 million worth of Solana trades were made in the previous day.Shiba Inu Shiba Inu market capitalization decreased by almost 3.3 percent. In the previous 24 hours, there were $293 million worth of trades.Polygon Polygon market capitalization decreased by 2.2 percent to $11.2 billion. In the previous 24 hours, there were $319.2 million in trades.

Bitcoin (BTC), the world's oldest and most valuable cryptocurrency, has broken through the $24,000 barrier for the first time since June of last year. Other popular altcoins, such as Ethereum (ETH), Dogecoin (DOGE), Ripple (XRP), Litecoin (LTC), and Solana (SOL), saw significant gains across the board. The BLUR token was the biggest winner of the bunch, as the NFT platform saw a volume of $500 million during its latest airdrop. BLUR gained more than 48 percent in a single day.At the time of writing, the global crypto market cap was $1.11 trillion, up 8.55 percent in 24 hours.Bitcoin price todayAccording to CoinMarketCap, the price of bitcoin was $24,707.30, up 11.61 percent in 24 hours. According to the Indian exchange WazirX, the price of Bitcoin was Rs 20.30 lakhs.Ethereum price todayAt the time of writing, the price of ETH was $1,691.06, representing a 9.17 percent 24-hour gain. According to WazirX, the current price of Ethereum in India is Rs 1.34 lakhs.Dogecoin price todayDOGE registered a 24-hour gain of 4.81 percent, as per CoinMarketCap data, currently priced at $0.08971. As per WazirX, Dogecoin price in India stood at Rs 7.47.Litecoin price todayLitecoin saw a 24-hour profit of 6.61 percent. It was trading at $101.94 at the time of writing. LTC price in India stood at Rs 8,399.16.Ripple price todayXRP price stood at $0.4013, seeing a 24-hour gain of 5.13 percent. According to WazirX, the current price of Ripple is Rs 33.11.Solana price todaySolana price stood at $23.78, marking a 24-hour jump of 9.95 percent. As per WazirX, SOL price in India stood at Rs 2,010.