📣 CRYPTO MARKET OVERVIEW March 2

Market stats

- Total market capitalization: $2420B

- Spot Volume (24H): $132B

- BTC.D: 54.37%

- Total liquidation amount in the last 24 hours: $262.22M

- Long/short ratio 24: 61.92% Long

- Number of liquidated traders: 91k

🗞Market news from the past 24 hours

➡️ Based on CoinGecko data, memecoin market capitalization is currently approximately 35 billion USD. On a 7-day frame, major memecoins such as Dogecoin (DOGE), Shiba Inu (SHIB), Bonk (BONK), and Pepe (PEPE) have skyrocketed 50%, 49%, 95%, and 172.8%, respectively.

➡️ Nigeria accuses Binance of "indirectly" causing national loss, demands $10 billion in compensation

➡️ BlackRock's IBIT fund recorded an inflow of 603.9 million USD, and managed 10 billion USD of BTC assets after only 7 weeks of launching the Bitcoin Spot ETF product.

➡️ Billionaire Elon Musk accused OpenAI and CEO Sam Altman of violating initial contractual agreements made during the company's founding in 2015.

➡️ Deribit, the crypto futures and options exchange, reported multiple records related to its platform on the last day of February 2024.

➡️ Coinbase is building two new wallet solutions focused on integration and balance transfers across EVM applications, targeting onboarding developers to its layer 2 blockchain facility.

➡️ PlanB's bullish market signal flashed when Bitcoin price was trading firmly above the $62,000 mark.

➡️ Nokia targets 'broader potential of the metaverse' in 2030 strategy