Market Overview
In the past 24 hours, the price of Bitcoin (BTC) rose by about 1.23% compared with the previous day, opening at $86,221.16 and closing at $87,281.98. The highest price in 24 hours was $88,967.52 and the lowest price was $81,500.00. The current market value of Bitcoin is $12.59 trillion, accounting for 60.3% of the total market value of cryptocurrencies, up about 2.44% from the previous day.
In the past 24 hours, the price of Ethereum (ETH) rose by about 1.05% compared with the previous day, opening at $2149.02 and closing at $2171.51. The highest price in 24 hours was $2221.88 and the lowest price was $1993.20. The current market value of Ethereum is $1.91 trillion, accounting for 9.1% of the total market value of cryptocurrencies, up about 5.52% from the previous day.
In the past 24 hours, 78 of the top 100 virtual currencies by market value rose and 22 fell. The top three currencies with the largest increases were ADA (20.45%), AAVE (19.60%), and HBAR (11.09%). The top three currencies with the largest decreases were WIF (7.17%), FLR (3.87%), and WLD (3.7%).
ETF Data
As of press time, the total assets under management of the US Bitcoin spot ETF is $99.37 billion, with a total transaction volume of $4.55 billion on the previous day and a total outflow of $143 million on the trading day. The total assets under management of the US Ethereum spot ETF is $7.85 billion, with a total transaction volume of $526 million on the previous day and a total inflow of $14.58 million on the trading day.
As of press time, the total assets under management of the Hong Kong Bitcoin Spot ETF is $354 million, the total trading volume on the previous day is $8.25 million, and the total Bitcoin inflow on the trading day is 0 BTC. The total assets under management of the Hong Kong Ethereum Spot ETF is $41.05 million, the total trading volume on the previous day is $1.44 million, and the total Ethereum inflow on the trading day is 0.02 ETH.
In the past 24 hours, there were 9 transactions on the chain with a single transaction of more than 1,000 BTC, with a total amount of approximately US$2.229 billion, a decrease of approximately 24.87% from the previous day, mainly flowing to exchanges and wallet addresses. In the past 24 hours, there were 30 transactions on the chain with a single transaction of more than 10,000 ETH, with a total amount of approximately US$1.1 billion, a decrease of approximately 52.44% from the previous day, mainly flowing to exchanges.
The current number of active addresses on the Bitcoin chain is about 750,000, down about 6.25% from the previous day, and the current number of active addresses on Ethereum is about 790,000, up about 2.59% from the previous day. The top 100 Bitcoin addresses account for 15.01% of the total, up 0.06% from the previous day, indicating a trend of institutional holdings. The top 100 Ethereum addresses account for about 70.1% of the total, up 0.15% from the previous day, indicating a trend of institutional holdings.
The mayor of Seoul, South Korea, supports cryptocurrency ETFs and STOs, and calls for the establishment of a regulatory framework that combines virtual assets with the real economy. In the United States, the Senate passed a resolution to repeal the Biden administration's cryptocurrency tax rules. The White House will host a cryptocurrency summit this Friday, and the Treasury Secretary said there is no plan to sign a mining agreement with Ukraine. In addition, the United States has sanctioned 49 cryptocurrency addresses related to darknet markets, Cumberland DRW intends to withdraw the SEC lawsuit, and the President of Belarus has instructed the development of the cryptocurrency mining industry.
Switzerland's Portofino Technologies announced that it will open new offices in New York and Singapore. Blockstream received huge investment and plans to launch three funds on April 1. Reddit co-founder Alexis Ohanian considers acquiring TikTok and "on-chaining" it, and by integrating the Frequency blockchain, users can control their data and content.
El Salvador insists on buying Bitcoin, ignores IMF requirements, and continues to increase its holdings. Circle's USDC will become Japan's first dollar stablecoin. The trading volume of Pump.fun tokens in the Solana ecosystem has dropped sharply. VanEck said that the Solana protocol upgrade is important to the network, but it may reduce the income of validators, and the relevant proposal has caused controversy.
