● Cryptocurrency market value exceeds $2.5 trillion
According to BlockBeats, according to data, on March 4, the total market value of cryptocurrencies exceeded 2.5 trillion US dollars, with a 24-hour increase of 1.5%.
● LQTY, GAL and HFT tokens will be unlocked in large amounts this week
According to BlockBeats, Token Unlocks data shows that tokens such as LQTY, GAL and HFT will see a one-time large-scale unlocking this week.
● BTC fell sharply from over $64,000 to around $62,300, and then rebounded to break through $63,000
According to BlockBeats, on March 4, Bitcoin rose above $64,000 before plummeting to $62,300 and then rebounded to above $63,000.
● BTC market share dropped to 49.8%
According to Golden Finance, data shows that BTC currently has a market share of 49.8% and ETH has a market share of 16.8%.
● Bitcoin ETF’s total market value exceeds US$50 billion, and AUM reaches US$48.825 billion
According to the Daily Planet, Coinglass data shows that the total market value of Bitcoin ETFs (including spot and futures ETFs) is US$50.514 billion, and the total assets under management (AUM) is US$48.825 billion. Among them, the top three Bitcoin ETFs in terms of asset management scale are: GBTC with an asset management scale of US$27.021 billion; IBIT with an asset management scale of US$10.009 billion; and FBTC with an asset management scale of US$6.472 billion.
● BlackRock IBIT's asset management scale exceeds the largest silver ETF SLV, ranking third among commodity ETFs
According to Wu, HODL15Capital statistics show that BlackRock IBIT's asset management scale (US$10.03 billion) has exceeded the largest silver ETF SLV (US$9.626 billion) by asset management scale (AUM), ranking third among commodity ETFs. At the same time, Fidelity FBTC, ARK 21Shares ARKB and Bitwise BITB ranked fifth, ninth and eleventh respectively.
● In February, the cryptocurrency spot trading volume of CEX continued to rise, with Binance accounting for 75.7% and ranking first.
According to the Daily Planet, data from The Block Pro shows that the spot trading volume of cryptocurrencies on compliant CEXs continued to rise in February, up about 6.4% to $668.5 billion. In terms of the spot market share rankings of major cryptocurrency exchanges, Binance accounts for 75.7%, Coinbase for 10.9%, Kraken for 4.4%, and LMAX Digital for 2.1%.
● Chainlink founder: RWA tokenization will become the next trend in the crypto market
According to Planet Daily, Chainlink founder Sergey Nazarov said in a recent interview that due to the entry of a large number of new buyers, the current cryptocurrency market cycle is unique and may adopt RWA tokenization faster than the industry initially expected. Nazarov emphasized that new buyers come from all walks of life in the global financial system, which is a very large group of net new buyers. At the same time, Nazarov predicted that RWA tokenization will be the next trend in the crypto market: "The next stage is asset tokenization, banks see all this money flowing into ETFs, and then they create assets to compete with ETFs, or get some of the money."
