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Bitcoin News today (March 10): Is this a buying opportunity? | Money Blog

Bitcoin news

Continued unsteady

Bitcoin has been unable to keep its stability above $ 8,000 and the currency has mostly moved around the $ 7,700 – $ 7,900 range.

Bitcoin price movement over the past 24 hours

In the past 24 hours, the lowest bitcoin price recorded at $ 7,625 and the highest at $ 8,106 – according to Coindesk exchange rate.

Today's bitcoin exchange rate (March 10) recorded at 10:20 at $ 7,890, down 2.28% from the previous 24 hours.

The capitalization of the bitcoin market remains around $ 143.98 billion, with Bitcoin's market dominance (market share) at 63.9% – according to the BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/).

Bitcoin exchange rate

Similar to yesterday, the market today was still quite bleak, with 80/100 cryptocurrencies falling compared to the past 24 hours.

Overview of the cryptocurrency market

The top 10, except for BSV, are all down from the last 24 hours.

Top 10 cryptocurrencies by market capitalization

The total market capitalization of digital currencies continues to plummet, recorded at 10:20 am at US $ 226.21 billion, down US $ 27 billion from the previous 24 hours.

Total market capitalization of cryptocurrencies

The volume of 24-hour transactions in the market increased to 166.54 billion USD, an increase of 33 billion USD compared to 9/3.

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

Buying opportunity?

The sharp decline in the cryptocurrency market comes after Brent crude oil futures plunged by 30%, trading at $ 31.02 – the lowest since February 2016. Stocks of markets were also red in the first trading session of the week

Big changes in the cryptocurrency market are not unusual. Many players think that this drop is a buying opportunity

CNBC quoted Jehan Chu, co-founder of Kenetic Capital, an investor in blockchain startups, said that this is an opportunity to buy in for people with long-term investment needs. Future volatility is likely to be further compounded by falling financial shocks and macro platforms but a long-term investment in digital assets, especially bitcoin, is a logical strategy.

Crex24 floor allegedly hid customers about the attack

Users are denouncing a cryptocurrency exchange in Estonia, Crex24, about hiding the hackers after stopping a few trading pairs.

Crex24 member confirmed that the exchange has not yet explained about stopping trading more than 60 digital currencies. The exchange also locks withdrawals and deposits for many currencies on the platform.

According to coin360, Crex24 presided over $ 2.62 million worth of transactions over the past 24 hours, ranking 137th on this trade volume chart.

Boeing uses a blockchain to track and sell $ 1 billion of aircraft parts

Boeing has teamed up with multinational aircraft corporation Honeywell to use the GoDirect platform to track and sell $ 1 billion of redundant aircraft parts using blockchain technology.

This was revealed at the 2020 Hyperledger Global Forum in Arizona. Lisa Butters, director of Honeywell, said these parts were listed on GoDirect Trade last weekend.

The aircraft industry is heavily dependent on complex paperwork for every single part, manufacturer and safety standard. Documents must also be sent through multiple locations, limiting the online market due to fears of tampering.

*updating…

Bitcoin news today (March 10): Is this a buying opportunity?

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