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🌍 Crypto Market Overview 🌍 💰 Total Market Cap: $2.73T 📉 Market Cap Change (24h): -5.80% 🔴 Bitcoin Dominance: 58.21% 🔵 Ethereum Dominance: 8.96% 💎 Total Cryptocurrencies: 17174 📊 Total 24h Volume: $147.31B 📈 BTC 24h High/Low: $83690/79367 📈 ETH 24h High/Low: $2146.48/2001.26 📈 Stay ahead of the Market with Fortune AI 🚀

JUST IN - 🇺🇸 Senator Cynthia Lummis on speaking at the "Bitcoin for America" event in Washington DC tomorrow: "You’re not going to want to miss this!" 👀

The Daily: Strategy's latest $21 billion bitcoin plan, 'signs of capitulation' amid crypto market sell-off and more

In the week spanning Mar. 3 to Mar. 7, bitcoin and ether ETFs experienced significant net outflows, reflecting a continuation of the cautious sentiment among investors. Bitcoin U.S. spot ETFs recorded a net outflow of $799.39 million, marking the fourth consecutive week of withdrawals. The most substantial outflow occurred on Friday, Mar. 7, with $409.21 million exiting these funds. Leading the weekly outflows, Fidelity’s FBTC saw $200.97 million withdrawn, followed by BlackRock’s IBIT with $129.47 million, and Ark 21Shares’ ARKB with $163.54 million. Grayscale’s GBTC and Valkyrie’s BRRR also experienced notable outflows, losing $125.36 million and $60.42 million, respectively. Other funds such as Franklin’s EZBC and Bitwise’s BITB recorded outflows of $53.75 million and $49.43 million, respectively. In contrast, Grayscale’s BTC fund attracted a net weekly inflow of $35.77 million, standing out amid the broader trend of withdrawals. Ether ETFs were not immune to the week’s downturn, experiencing a net outflow of $119.83 million. The largest single-day outflow occurred on Wednesday, Mar. 5, with $63.32 million exiting these funds. BlackRock’s ETHA led the weekly outflows with $63.51 million, while Grayscale’s ETHE saw $52.61 million withdrawn. Conversely, Fidelity’s FETH and Grayscale’s ETH funds managed to buck the trend, recording inflows of $16.13 million and $8.46 million, respectively. The sustained outflows from bitcoin and ether ETFs highlight a broader market apprehension. The fact that bitcoin ETFs have endured four consecutive weeks of outflows suggests an extremely cautious approach, with stakeholders potentially seeking safer investment avenues or awaiting more favorable market conditions. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

The Trump administration’s lackluster White House Crypto Summit was largely ceremonial in nature and appears to have contributed to a precipitous drop in the price of bitcoin (BTC). (BTC price / Trading View) (BTC Dominance / Trading View) President Donald Trump signed an executive order on Thursday, establishing a national strategic bitcoin reserve and digital asset stockpile. Key leaders in the cryptocurrency industry were subsequently invited on Friday to the White House Crypto Summit. Many anticipated further details around the strategic bitcoin reserve would be revealed, but the event appeared merely ceremonial in nature, which some are saying could have contributed to the sharp price correction that left bitcoin at $82K. The establishment of a strategic bitcoin reserve by the U.S. government signifies a growing institutional acceptance of cryptocurrencies. While the immediate market reaction has been negative, with bitcoin’s price declining, some analysts believe this move could enhance the U.S.’s standing in the crypto space and attract more institutional investors in the long term. However, the lack of immediate, concrete policy changes and the broader economic concerns, such as potential recessions and trade tensions, continue to weigh on investor sentiment. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。