The global crypto market cap is $2.71tn, a 0.37% decrease over the last day, while the total crypto market 24h volume is up 7.19% to $74.27bn.
Wall Street showed signs of stabilization after last week's sharp correction, with most S&P 500 companies rising Monday, but the "Magnificent 7" tech stocks still struggled.
Gold reached a new record high of $3,027 this morning, due to escalating geopolitical tensions in the Middle East.
US retail sales rose only 0.2% in February (below the 0.6% forecast) after January's downwardly revised 1.2% decline, meaning consumers are spending more cautiously.
US BTC spot ETFs recorded a daily net inflow of $274.6m on the first trading session of the week, the largest inflow since early February. According to Farside Investors data, Grayscale Bitcoin Mini Trust ETF (BTC), Fidelity (FBTC), Ark Invest/21Shares (ARKB), Bitwise (BITB), Blackrock (IBIT) all recorded net inflows, with Fidelity's FBTC leading at $127.3m inflows. On the contrary, ETH ETFs recorded a net daily outflow of $7.3m.
Solana futures traded for the first time on the Chicago Mercantile Exchange (CME) Group’s US derivatives exchange on March 17. According to CME data, SOL futures representing a notional value of 97,000 SOL were traded.
The whale who shorted Bitcoin with 40x leverage successfully closed all positions, securing a $9.46m profit in just 8 days, despite an organized effort to liquidate him. A group (@Cbb0fe on X) publicly attempted to hunt the whale by pushing BTC above $84,690, forcing the whale to deposit $5m USDC to maintain margin.
MicroStrategy acquired 130 Bitcoins for $10.7m between March 10-16, paying on average $82,981 per BTC.
Metaplanet has acquired 150 BTC for approximately $12.5 million, bringing its total holdings to 3,200 BTC.
