Market Overview
In the past 24 hours, the price of Bitcoin (BTC) fell by about 2.65% compared with the previous day, opening at $80,734.48 and closing at $78,595.86. The highest price in 24 hours was $84,123.46 and the lowest price was $77,459.91. The current market value of Bitcoin is $1.61 trillion, accounting for 61.2% of the total market value of cryptocurrencies, down about 3.91% from the previous day.
In the past 24 hours, the price of Ethereum (ETH) fell by about 7.69% compared with the previous day, opening at $2020.43 and closing at $1865.10. The highest price in 24 hours was $2152.40 and the lowest price was $1810.01. The current market value of Ethereum is $231.8 billion, accounting for 8.7% of the total market value of cryptocurrencies, down about 10.11% from the previous day.
In the past 24 hours, 10 of the top 100 virtual currencies by market value rose and 90 fell. The top three currencies with the largest increases were MOVE (8.22%), OM (4.93%), and MNT (2.03%), while the top three currencies with the largest decreases were LDO (17.18%), FET (17.08%), and AVAX (13.46%).
ETF Data
As of press time, the total assets under management of the US Bitcoin spot ETF is $88.66 billion, with a total transaction volume of $5.05 billion on the previous day and a total outflow of $278 million on the trading day. The total assets under management of the US Ethereum spot ETF is $6.65 billion, with a total transaction volume of $661 million on the previous day and a total outflow of $34 million on the trading day.
As of press time, the total asset management scale of Hong Kong Bitcoin Spot ETF is US$349 million, the total transaction volume on the previous day is US$3.87 million, and the total Bitcoin outflow on the trading day is 0 BTC. The total asset management scale of Hong Kong Ethereum Spot ETF is US$40.83 million, the total transaction volume on the previous day is US$488,600, and the total Ethereum inflow on the trading day is 0 ETH.
In the past 24 hours, there were 11 transactions on the chain with a single transaction of more than 1,000 BTC, with a total amount of approximately US$3.887 billion, an increase of approximately 2159% from the previous day, mainly flowing to exchanges and wallet addresses. In the past 24 hours, there were 40 transactions on the chain with a single transaction of more than 10,000 ETH, with a total amount of approximately US$1.451 billion, an increase of approximately 259% from the previous day, mainly flowing to exchanges.
The current number of active addresses on the Bitcoin chain is about 820,000, up about 22.38% from the previous day, and the current number of active addresses on Ethereum is about 710,000, down about 2.81% from the previous day. The top 100 Bitcoin addresses account for 15.05% of the total holdings, up 0.06% from the previous day, indicating a trend of institutional holdings. The top 100 Ethereum addresses account for about 70.19% of the total holdings, up 0.05% from the previous day, indicating a trend of institutional holdings.
Movement's public beta mainnet is officially launched, and MoveVM is moving towards Ethereum deployment, raising over $233 million in liquidity. OpenAI uses CoT to monitor large models with good results. Balancer V3 expands to Avalanche, and is expected to complete integration by the end of March, which will increase liquidity and revenue.
FOX Business reporter said the US SEC is considering abandoning part of the 2022 Gensler-era proposal regarding the definition of cryptocurrency companies. Paraguay and El Salvador signed an anti-money laundering crypto regulatory agreement. Trump may sign an order this week to overturn Biden's crypto banking policy, the SEC memecoin guidance may hint at policy adjustments, and the US Senate bill expands the reciprocity clause for stablecoins.
X platform suffered continuous failures, and 31,700 users in the United States reported service anomalies. On Monday, the system was down twice for a total of 90 minutes. Musk said it was a "large-scale cyber attack" and the IP address originated from Ukraine. In addition, the account of Meteora co-founder Ben Chow was suspected to have been stolen, and he issued a statement involving sensitive events.
