Crypto Daily Report – March 11
Mar 11, 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 11, 2022Total global crypto market capitalization is hovering at $1.7T, down 1.2% from 24 hours ago. BTC and ETH are still bleeding from yesterday's CPI figures and ECB's reduction in asset purchasing, down 1.2% and 1.6%, respectively. Traditional markets SPX and NDAQ have also had soft openings, indicating weakness into the weekend. The Russian-Ukrainian conflict and the associated economic sanctions render markets indecisive at large. Just today, Biden announced bans on US exports to Russia, including trade verticals worth about $1.5b annually. VC Firm Bessemer Venture Partners announced a $250 million fundraise for financing the future of crypto, NFTs, and DeFi. They will primarily be looking for startups building consumer crypto, web3 infrastructure, and decentralized finance applications. Supporting the fund, BessemerDAO will be a Web3 community that helps crypto firms meet talent, as well as compare notes on product, business development, and tokenomics sub-verticals. Bessemer joins a sleuth of traditio