Crypto Daily Report – March 3

Mar 3, 2022
body div center ul, body div center li { font-size: 22px; margin-left: 10px !important; margin-right: 0 !important; Most Important Daily Data and News for Digital Assets Crypto Daily ReportThe Most Important Daily Data for Digital Assets Daily Updates from FSInsightMarch 3, 2022The crypto market continues to take a breather after the 23% run over the seven days since the invasion into Ukraine. Over the past 24 hours, the overall market cap is down $5.7B, just 0.3%. Bitcoin has seen very strong resistance at the $44k mark, dropping 0.1% to $43.6 after breaking that mark yesterday. Ethereum saw even stronger resistance at $3k, falling 1.4% to $2900 after spending a few hours above that $3k mark yesterday. While a number of popular cryptoassets have experienced similar pullbacks, many of last week's top-performing tokens such as LUNA, ATOM, and NEAR continue to make gains as investors appear to pour focus into protocols showing the most strength in this bull run.The Ukrainian minister of digital transformation, Mykhailo Fedorov, announced that they have canceled their plans to airdrop crypto to random donors. There were rumors that an airdrop was already taking place, but it appears the airdrop was a spoof done by a random third party. Instead, after already having raised almost $

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CRYPTO MARKET UPDATE CRYPTO HAS RESUMED ITS RECENT WEAKENING TREND FOLLOWING A WEEKEND PUMP, WITH BTC -2.03% TESTING THE $65K LEVEL, ETH -1.27% TRADING AROUND $3500, AND SOL -4.07% APPROACHING $140. The ETHBTC ratio is declining again after a weekend relief rally sparked by news from Bloomberg ETF expert Eric Balchunas on Friday evening, clarifying his timeline for the ETH ETF launch. Meanwhile, the DXY continues its upward trajectory from the post-CPI selloff,...

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