BENCHMARK
| Indices | LTP | Change (%) |
|---|---|---|
| BITCOIN | $28634 | 2.86% |
| ETHEREUM | $1916 | 5.80% |
CRPTO STATS(24H)
| Indices | VALUE | Change (%) |
|---|---|---|
| MARKET CAP | $1.25 T | 2.80% |
| TRADING VOLUME | $58.40 B | 6.33% |
TOP 5 GAINER
| Indices | LTP | Change (%) |
|---|---|---|
| Poolz Finance | $0.18 | 545.37% |
| FutureCoin | $0.032 | 220.33% |
| Sifchain | $0.00028 | 182.39% |
| Etho Protocol | $0.0074 | 51.13% |
| ICON | $0.38 | 43.31% |
TOP 5 LOSER
| Indices | LTP | Change (%) |
|---|---|---|
| OOGI/td> | $0.0000022 | 72.08% |
| RELEASE | $0.0000029 | 65.49% |
| SINOVATE | $0.00028 | 50.82% |
| CorionX | $0.00020 | 46.03% |
| DEGEN Index | $0.0000023 | 42.06% |
In the early morning, Bitcoin and other cryptocurrencies continued to rise in value, despite concerns over a potential recession sparked by underwhelming US jobs data. However, the market was still affected by uncertainty in the banking sector, which limited the gains made in the digital token market.
Major Events Around the World
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Paxful, a leading peer-to-peer (P2P) cryptocurrency exchange, has recently announced the suspension of its marketplace. As one of the largest exchanges in the world, Paxful has gained a reputation for its high trading volume and user-friendly platform. However, the company's founder and CEO, Ray Youssef, has revealed that the decision to suspend the marketplace was made due to the departure of key staff members and regulatory challenges facing the industry.
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Following Donald Trump's arraignment in a Manhattan court on Tuesday, sales of his NFT collection, known as Trump Digital Trading Cards, skyrocketed by an astounding 400%. This surge in sales occurred just moments after the former U.S. President became the first in history to face criminal charges. The charges against him allege that he orchestrated a scheme to influence the 2016 presidential election through the use of "hush money."
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In February, the number of job vacancies decreased, dropping below 10 million for the first time in almost two years. This indicates a softening in the demand for workers, despite a still-healthy labour market. The Labor Department's report, published on Tuesday, revealed that there were only 9.9 million job opportunities in February, a significant decrease from the 10.6 million job openings recorded in January. This decline may be attributed to various factors, such as the ongoing pandemic and economic uncertainty. Nonetheless, it is crucial to monitor this trend and its potential impact on the job market.
COIN GABBAR Views: Can the CBDC Boost Cryptocurrency Markets and Improve Public Perception of Digital Assets? Is it possible for cryptocurrencies to be environmentally friendly, or is this just a myth? We would love to hear your thoughts on these topics. Please share your views in the comment section below. We will continue to provide you with the latest updates and information on this developing situation. Please stay tuned with us www.coingabbar.com
Also read: White House Will Not Pay for Twitter Blue Verification: Reports
Disclaimer: Crypto is not regulated and can offer considerable risks. There may be no regulatory remedies available in the event of any losses resulting from price analysis. As a result, before engaging in any transactions involving crypto products, each investor must perform in-depth examination or seek independent advice.
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