- The market capitalization of cryptocurrencies decreased to 2.7 billions of dollars on Monday, losing an additional 3% in the last 24 hours.
- The market capitalization of protocols DEFI increased by $ 3.5 billion, with Hyper Liquid, Mantle and Ethena with significant gains.
- Bitcoin, XRP and Ethereum continue to have key support levels above $ 80,000, $ 2 and $ 2,000, respectively.
- Crypto merchants have reserved $ 640 million in additional liquidations, anticipating more Bellician signals on the next American CPI this week.
Bitcoin market updates:
- The Bitcoin price rebounded 3% to recover the level of $ 82,200 at midday European negotiated Monday, after testing new stockings almost $ 80,000 earlier in the day.
- Friday, after the American version of PNF data, the ETF Bitcoin recorded outings of $ 409.2 million, exceeding the total cumulative outings of $ 389 million recorded in the first four days of negotiation of the week.
Bitcoin Etf Flows, March 20255 | Source: Sosovalue
- Friday, the rapid wave of Bitcoin ETF outings suggests that the majority of institutional traders seek to leave the BTC and risk asset positions for fixed income instruments on the expectations of an increase in interest rates.
Altcoin market updates: Ethereum and Ripple (XRP) Recover keys while liquidations of $ 647 million triggered fast sales
The cryptocurrency derivative market was faced with a strong correction on Monday, total liquidations reaching $ 647.61 million in the last 24 hours.
The merchants occupying long positions on Bitcoin, Ethereum, XRP and Dogecoin carried the weight of the losses. Bitcoin liquidations alone totaling $ 254.90 million, followed by Ethereum at $ 117.12 million and XRP at 29.48 million dollars.
Cryptography market liquidations, March 10, 2025 | Source: Coringlass
- Long traders have undergone the heaviest impact, with 491.31 million dollars liquidated, compared to $ 156.30 million in short liquidation.
- The largest unique liquidation order has occurred on the BTC / USDT pair in Binance, worth $ 32.09 million.
This suggests that the majority of bull merchants who placed bullish bets before the top of the White House cryptography have now been destroyed. It remains to be seen if ETH and XRP will find a sufficient request to maintain the key levels in the coming days.
- Ethereum (ETH) price rebounded 3% to recover the $ 2,200 bar at the time of the press.
- Ripple (XRP) merchants continue to show resilience, holding support of $ 2.20 despite more than $ 29 million XRP long liquidations on Monday.
Table of the day: Defi markets see entries of $ 3.5 billion while investors are looking for a return to navigate the bear market
US President of the United States President (United States )’s business policies has fueled market speculation in recent weeks.
However, data on payroll in the United States (PNF) published on Friday provided concrete evidence of the impact of recent prices had a negative impact on consumer demand and an increase in unemployment figures.
In response to the prospect of a more Bellician federal reserve (Fed), investors reaffect the capital of risk assets looking for real return.
However, rather than leaving the cryptographic markets, some strategic traders move funds in bearing deffi protocols.
Total performance in the DEFI sector, March 10 | Source: tradingView
Supporting this trend, the latest tradingView data show that the overall market capitalization of tokens linked to DEFI increased by 8%, adding $ 3.5 billion to reach total market capitalization of $ 79 billion on Monday.
A more in -depth examination of live trading data on Monday reveals that projects like Ethena, Hyperliquid and Mantle are among the largest beneficiaries of this change in investors behavior. Aave won 2.5%, the hyperliquid is up 2%and Ethena jumped 5.8%.
Ethena prices action
These movements indicate that, rather than completely withdrawing from the cryptographic markets, some investors strategically reallocate capital in the DEFI protocols carrying the yield to navigate the current bears market.
Updates new crypto:
- Whalle nets trader $ 7.5 million shortening the last drop in bitcoin prices
A qualified whale trader has made profits above $ 7.5 million in recent Bitcoin abbreviation.
According to data on the Lookonchain chain, the merchant opened a short position at around $ 96,500 on February 22.
While the Bitcoin price dropped below $ 80,000 in a week, they executed an almost perfect outing, closing their short term at around $ 78,900.
- Dry Thailand grants the approval of Tether USD ₮ as a recognized cryptocurrency
The Commission for Securities and Exchanges of Thailand officially approved the USD of Tether as a recognized cryptocurrency, allowing its use on regulated exchanges and for payments.
The approval, as of March 16, 2025, follows the changes in regulations on the digital assets of Thailand aimed at expanding investor options and market flexibility.
With a market capitalization of $ 142 billion, USD ₮ is the largest stablecoin on a global scale, widely used for transactions and liquidity management.
The decision strengthens the framework of digital assets of Thailand, facilitating the broader adoption of stalins in the country’s financial system.
- Strategy to issue $ 21 billion in privileged shares to extend Bitcoin Holdings
The strategy has announced its intention to sell up to $ 21 billion in 8.00% of privileged perpetual strike shares through a market market offer, according to a Monday to the SEC.
The company intends to use the product for general companies, in particular the acquisition of more bitcoin and the strengthening of its working capital.
The listed company at NASDAQ has concluded a sales agreement with several financial institutions, notably TD Securities, Barclays Capital and Cantor Fitzgerald, to facilitate sale.
The privileged actions, which should be negotiated under the “Strk” of the Ticker on the world Nasdaq market, will be sold over time thanks to 12 financial institutions acting as a commercial agents, which will receive up to 2% of gross products.
