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Bitcoin news today (March 5): Need to keep up the sentiment Money Blog

These past hours, Bitcoin In particular, and other cryptocurrencies in general have struggled to obtain growth.

Bitcoin price movement over the past 24 hours

Today's bitcoin exchange rate (March 5) recorded at 15:10 at US $ 8,944, up 1.12% from the previous 24 hours. Bitcoin's market capitalization remains at $ 162.93 billion, with Bitcoin's market dominance (market share) at 63.6% – according to the BTA's bitcoin exchange rate (https://blogtienao.com/ty-gia/BTC/bitcoin/)

Today's market witnessed an increase of 81/100 leading digital currencies by market value compared to the last 24 hours.

Overview of the cryptocurrency market

In the top 10, except for Bitcoin SV, the rest increased compared to the past 24 hours, of which Tezos surged 11.9%.

But overall, most of the momentum is still very low and negligible.

Top 10 cryptocurrencies by market capitalization

The total market capitalization of the digital currency recorded at 15h10 at $ 255.40 billion, an increase of $ 2.73 billion compared to yesterday's figure of $ 252.67 billion.

Total market capitalization of cryptocurrencies

The 24-hour trading volume of the market has decreased sharply, down to 128.90 billion USD, down 44 billion USD compared to March 4.

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

Keep the optimism

According to an analysis of Eric – a cryptocurrency investor with more than 5 years of experience, most major cryptocurrencies are still moving in the short-term downtrend. The buying force at the moment is quite weak so it cannot help reverse the trend.

Eric said that it takes time for new cash flows into the market to come from institutional investors, so the situation could be better.

However, he also advised investors to remain optimistic about Bitcoin price. Because one of the most important events is approaching, it's Halving.

Binance expanded to Turkey

Binance exchange announced the launch of trading with Turkish Lira in cooperation with Turkish bank Akbank, according to CoinTelegraph.

Turkish users can now top up and withdraw funds directly through electronic payment or wire transfer.

One of the largest banks in Turkey, Akbank has been serving the digital currency community since 2017, CEO Binance said.

This partnership allows users to fund Binance accounts for free and withdraw for a low fee.

Argentina closed the online business registration blockchain system

Argentine authorities have announced a ban on the mechanism of using blockchain to register companies.

Specifically, the Argentine Government said it would ban the blockchain mechanism in company registration for 180 days.

According to a statement by Ricardo Nissen, Argentina's minister of justice, aimed at rearranging company registrations so that the ministry could participate in the entire process.

Google Play scrapped the crypto news app

Google's Play Store for smart phone apps seems to be having issues with cryptocurrency and blockchain news, and Google Play has removed a few notable applications.

The news application of digital money news site CoinTelegraph has also been removed from the Play Store. CoinTelegraph also said that Google did not contact them about the removal of the application, nor without any prior notice.

… also updated

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