Bitcoin News Today (March 16): Struggles rise from the bottom | Money Blog

Bitcoin news

The past hours, prices Bitcoin Still shows recovery efforts and growth from the fall of the previous week but the results are nowhere.

Bitcoin price movement in the past 24 hours mainly fluctuated around USD 5,200 – USD 5,400, although it sometimes erected column to USD 5,900 but then immediately returned to the current level. Besides, other altcoins in the market recorded a slight increase.

Bitcoin price movement over the past 24 hours

Over the past 24 hours, the highest bitcoin price recorded at $ 5,951 and the lowest of $ 5,168, according to the Coindesk exchange rate.

Today's bitcoin exchange rate at 10:10 at $ 5,294, an increase of 1.68% compared to the previous 24 hours.

Bitcoin exchange rate

Bitcoin's market capitalization has dropped to $ 96.95 billion, with Bitcoin's market dominance (market share) at 63.8% – according to the BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/).

In the top 100, there are 69/100 cryptocurrencies by market value increased over the past 24 hours.

Overview of the cryptocurrency market

Today's Top 10 increased slightly compared to yesterday, with 9/10 VND increasing compared to the last 24 hours.

The movements in the past 7 days were quite negative, most of them recorded a decrease of over 30%.

Top 10 cryptocurrencies by market capitalization

The total market capitalization of cryptocurrencies recorded at 10:10 at 152.82 billion USD, an increase of 3 billion USD compared to the previous 24 hours.

Total market capitalization of cryptocurrencies

The 24-hour trading volume continued to decrease, recorded at 115.61 billion USD, 4 billion USD lower than on March 15.

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

USDC of Circle increased after the market went down

When bitcoin and the cryptocurrency market plummeted, people turned to stablecoins to keep their capital. Some stablecoins increase more than others.

Jeremi Allaire, co-founder and CEO of Circle, the company behind USDC, points out his company's stablecoin value to a new peak of $ 568 million after the market collapsed. He commented:

While not as excited as seeing a market collapse, but still excited to see the entire blockchain-based monetary infrastructure on the rise, our stablecoins are working well.

Save 400 million USD / year with blockchain technology in air transport

Sita, a technology company in aviation communications and information, and ULD Care, a trade association, are exploring the possibility of using blockchain technology to save $ 400 million a year for the shipping industry. aviation, according to the announcement on 12/3.

The blockchain technology allows the air transport company to track and record changes to the storage of air cargo containers, or Air Transport Vehicles (ULDs), as goods move between locations.

These companies aim to reduce costs in the industry, increase efficiency, reduce losses and limit damage to goods.

The blockchain platform will also integrate validation and creditworthiness to reduce the risk of interference, computer crime, money laundering in commerce, and illegal transactions. Bob Rogers, vice president and financial manager of ULD Care, said:

A container moving from Shanghai to Long Beach can take up to 30 days to complete the journey, but the actual travel time on the sea or on the road is only about 15 days, and the remaining time takes for paper jobs. sheets and office blocks. Using blockchain can innovate that process.

*updating..

Today's bitcoin news (March 16): Struggles rise from the bottom

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My name is Nguyen Manh Cuong. I was born in a poor village in Ba Vi district, HA NOI province - windy and sunny land

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