📣 CRYPTO MARKET OVERVIEW March 1

Market stats

- Total market capitalization: $2393B

- Spot Volume (24H): $195.6B

- BTC.D: 54.18%

- Total liquidation amount in the last 24 hours: $330M

- Long/short ratio 24: 56.01%Short

- Number of liquidated traders: 114k

🗞Market news from the past 24 hours

➡️ US Government transfers 922 million USD in confiscated Bitcoin

➡️ Spot Bitcoin ETF volume breaks record with huge trading volume of 7.7 billion USD

➡️ Coinbase Users Report Zero Balances as Bitcoin Soars to $64,000

➡️ The Seneca lending protocol was exploited through its 'PerformOperations' function and over $6 million in collateral was withdrawn from it.

➡️ Hong Kong ends licensing activities for cryptocurrency exchanges

➡️ Hong Kong allocates 383 million USD for Cyberport AI program

➡️ US Bitcoin mining giant Marathon Digital saw revenue skyrocket in 2023 as the company became profitable, however, the company's shares fell after the release of its fourth quarter earnings report .

➡️ IOTA's ecosystem commits $10 million to crypto, trading startups

➡️ MXM, MixMob's governance token on the Solana blockchain, operates the MXM Esports League and incentivizes players.

➡️ Floki developers plan to burn 11 million USD worth of tokens, reducing the supply of 190 billion FLOKI