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Today's bitcoin news (March 8): Sunday is "not very beautiful" Money Blog

Bitcoin news

Overall price Bitcoin The past few hours have been quite negative, the movement of this currency suddenly appeared about falling.

Around 11:30 last night, the price of bitcoin from $ 9,130 ​​suddenly dropped to $ 8,879 and moved at this level throughout the night. By this morning the price of bitcoin continued to fall further to 8,773 USD.

As the price of bitcoin continued to weaken, the whole market also plummeted, many coins recorded a decline of over 7%.

Bitcoin price movement over the past 24 hours

In the past 24 hours, the lowest bitcoin price recorded at $ 8,742 and the highest at $ 9,204 – according to Coindesk exchange rate.

Today's bitcoin exchange rate (March 8) recorded at 8:40 at US $ 8,809, down 3.57% from the previous 24 hours.

Bitcoin's market capitalization remains around $ 160 billion, with Bitcoin's market dominance (market share) at 63.5% – according to the BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/).

Bitcoin exchange rate

The market in this morning red rose simultaneously, when there were 78/100 electronic currencies reduced compared to the past 24 hours. In which, the strongest decrease was 11.31% of Decentraland and in the opposite direction REN was the strongest increase with 13.17%.

Overview of the cryptocurrency market

Top 10 cryptocurrencies in the past 24 hours have not recorded any noticeable recoveries. In which, many copper plummeted over 5%.

Top 10 cryptocurrencies by market capitalization

The total market capitalization of the digital currency recorded at 8:40 at $ 253.56 billion, down $ 10 billion from the previous 24 hours.

Total market capitalization of cryptocurrencies

The 24-hour trading volume continued to decline to USD 133.46 billion, down by USD 4 billion compared to March 7.

Along BTA review the news available in the day, the content in the article will be updated as new news ..

1) The company that manufactures the excavator Canaan is sued for its securities laws

A shareholder of Canaan mining machine hardware manufacturer is suing the company for violating securities laws. The case was filed March 4 at the Oregon State Court.

The complaint alleges that the Chinese company misled investors about its financial health and operations during its initial public offering (IPO) on file to the Securities and Exchange Commission (SEC). ).

In addition to Canaan, the complaint also named underwriters for the company for this IPO, including Galaxy Digital, Chiana Renaissance Securities, Huatai Financial Holdings, CMB International Capital and others.

Notably, key security guarantor Credit Suisse withdrew just days before the IPO.

2) Binance launches stablecoins in won (KRW)

Binance exchange has just released Binance KRW (BKRW), a BEP-2 stablecoin attached to the Korean won (KRW), in cooperation with South Korea's BxB.

According to the announcement, BKRW will now trade at 1BKRW = 1 KRW.

This platform intends to reveal its plan to integrate the BKRW contract into the global system, but there is no detailed information on this issue.

3) Huobi Thailand debuted despite Corona

Corona's progress in the region still does not prevent the launch of Huobi Thailand.

The launch allows for direct trading between the country's fiat currency with Bitcoin, Ethereum, Huobi Token and Tether from the beginning, and is expected to expand in the near future.

In 2019, Huobi was issued a Digital Asset License issued by Thailand's Ministry of Finance, and recently the country's Securities and Exchange Commission.

4) updating ..

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