Bitcoin price today: In Market Open Today, on March 17, the largest cryptocurrency in the world was negotiated in the green, at $ 83,693.28, with a market capitalization of $ 1.66 Billion of dollars, according to CoinmarketCap data. In the past 24 hours, Bitcoin’s trading volume jumped 77% to $ 22.92 billion, data showed.
It is a good sign after the token collapsed below $ 80,000 on Friday, March 14, but managed to stay in the level throughout the weekend.
Crypto prize on March 17: ether, attachment, Solana and Dogecoin
For the other cryptos, the second coin, ether, was at the price of $ 1,909.53 at 9:30 am on March 17, with a market capitalization of $ 230.33 billion. The stable attachment to American connection remained at $ 1, with a market capitalization of around 143.47 billion dollars. The USDT is the most negotiated crypto in the world, with commercial volumes in the last 24 hours exceeding Bitcoin at 51.65 billion dollars.
Other cryptos in the news, including Solana and even Coin Dogecoin, were also in the green on March 17 at $ 129.06 and $ 0.1731, respectively.
Bitcoin and Crypto markets: expert view
According to Avinash Shekhar, co-founder and CEO of PI42, Bitcoin and the broader cryptography market undergo volatility before the interest rate of the Federal Reserve of the United States.
“Bitcoin is currently negotiating nearly $ 83,000 and can be upward if it breaks a key resistance level, while feeling moves as the crypto-body and greeding index falls to 22, reflecting increased uncertainty. The correction of $ 100,000 to $ 77,000 has made investors in investors, but optimism is that it can be an ephemeral correction and not a long-term slide, “he added.
On Ethereum and Dogecoin being also under pressure, Shekhar estimated that the market “internalizes macroeconomic factors and techniques” and that “market participants are considering catalysts in small groups”.
He believes that the institutional demand of Crypto is “always robust, and the next Bitcoin stages will determine the direction of the universe of cryptography in the next two weeks”.
Here are the other best updates on cryptocurrencies, markets and related news.
Member of the ECB on US Crypto Reserve: “Risks Bring the next financial emergency”
Bloomberg reported that François Villeuroy de Galhau, member of the Opportunity Council of the European Central Bank (ECB), warned of the United States cryptocurrency reserve on March 16.
In an interview with French Weekly La Tribune Didanche, by Galhau said: “The United States is at risk of neglecting. Financial crises often come from the United States and spread to the rest of the world. By encouraging cryptocurrency and non-banking finance, the US administration is under sowing future insured. ”
He noted that supervision was better secure and protected against any banking crisis on the EU side. His comments arise after US President Donald Trump signed an executive decree calling for the creation of a strategic bitcoin reserve and a separate stock of other digital assets this month.
Donald Trump is in talks with Binance US?
The Wall Street Journal and Reuters reported that the family representatives of the American president Donald Trump are considering participation in the American branch of the crypto exchange and “have talks” for this purpose. The WSJ report noted that Binance had contacted an agreement in 2024 in order to resuscitate the “exiled” company, and the founder billionaire Changpeng Zhao also lobby for Donald Trump to forgive him.
We do not currently know if the agreement will materialize. The representatives of Trump and Binance did not answer the questions, added Reuters’s report.
Russia using cryptos for oil trade with India, China: Report
According to a Reuters report citing four sources, Russia uses cryptocurrencies to exchange oil with India and China and the whirlwind of European sanctions for its industry.
He has cited sources indicates that some Russian oil companies use cryptographic tokens such as bitcoin, ether and attachment to convert Indian rupees and Chinese yuan to Russian rubles for trade. The report described it as a “small but increasing part of the overall trade in Russia oil”. The country’s oil activity was worth $ 192 billion in 2024, he added.
The central bank of Russia refused to comment, according to the report. However, sources have said that practice should continue because it is a “practical tool and helps carry out operations faster”.
(With agency entries)
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