Cryptocurrency Market Update: Bitcoin Holds Steady Amid Mixed Performance of Major Altcoins
1 month ago

The global cryptocurrency market cap currently stands at an impressive $3.34 trillion, reflecting a notable increase of 3.78% within the last 24 hours. Bitcoin (BTC) is demonstrating resilience as it navigates trading between $95,352 and $97,725 in this same timeframe. As of 09:30 AM (UTC) today, Bitcoin is valued at $96,928, marking a slight uptick of 0.59%.

In the broader market, the performance of major cryptocurrencies exhibits a mixed trend. Leading the pack in market performance are the lesser-known coins AIXBT, ZEN, and DEXE, which have surged by 23%, 22%, and 16% respectively. Looking at the top cryptocurrencies by market capitalization, Ethereum (ETH) is trading at $3,221.69, witnessing a marginal decline of 0.33%.

XRP has made a significant move, rising 10.65% and currently trades at $2.8479. Binance Coin (BNB) remains relatively stable at $695.62, showing an increase of 0.11%. Solana (SOL) and Dogecoin (DOGE) have also seen minimal changes, with SOL priced at $188.45 and DOGE at $0.35681, indicating slight increases of 0.02% and 2.40% respectively.

Cardano (ADA) continues to show strength, trading at $1.0343 with a noteworthy gain of 5.65%, while TRON (TRX) has experienced a small decrease of 0.40%, now priced at $0.2243. Avalanche (AVAX) and Stellar (XLM) have made positive strides, trading at $36.88 (+2.53%) and $0.4731 (+11.19%), respectively.

Furthermore, The Open Network (TON) also saw a rise of 2.84%, bringing its value to $5.429. Investors looking for potential gains have their eyes on the top gainers listed on Binance as well. The pairs AIXBT/USDT, ZEN/USDT, and DEXE/USDT are seeing remarkable upward movement, with increases of 23%, 22%, and 16% respectively.

This dynamic landscape in the cryptocurrency realm emphasizes the ever-evolving nature of digital assets and the potential for significant returns associated with market fluctuations..

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Economic Calendar

Unemployment Rate
2025-03-12 06:00:00
Actual
Forecast
Previous
7.2%

Up to and including March 2005, data refers to all persons of working age who during the reference week were not employed, but were willing and able to work and had looked for work (or would have looked for work if they had not been temporarily prevented from doing so) during the last four weeks.

Retail Sales y/y
2025-03-12 09:00:00
Actual
Forecast
Previous
4.0%

The main objective of the Retail Trade (or Retail Sales) Indices (RTI) is to obtain the fundamental characteristics of companies dedicated to the exercise of retail sales in Spain, which facilitates measuring in the short term, the development of activity in the sector.

ECB Press Conference, ECB President Speaks
2025-03-12 09:45:00
Actual
Forecast
Previous
MBA Mortgage Applications
2025-03-12 12:00:00
Actual
Forecast
Previous
20.4%

The Weekly Mortgage Applications Survey contains 15 indices covering application activity for fixed rate, adjustable rate, conventional and government loans for home purchases and refinances.

OPEC Meeting
2025-03-12 12:00:00
Actual
Forecast
Previous
Core Consumer Price Index (CPI) y/y
2025-03-12 13:30:00
Actual
Forecast
Previous
3.3%

Bureau of Labour Statistics also calculates and publishes indexes for special aggregations, such as energy items, that cut across the above classification scheme.

Core Consumer Price Index (CPI) m/m
2025-03-12 13:30:00
Actual
Forecast
0.3%
Previous
0.4%

Bureau of Labour Statistics also calculates and publishes indexes for special aggregations, such as energy items, that cut across the above classification scheme.

Consumer Price Index (CPI) m/m
2025-03-12 13:30:00
Actual
Forecast
0.3%
Previous
0.5%

The CPI (Consumer Price Index) provides an estimate of the price change between any two periods.

Consumer Price Index (CPI) y/y
2025-03-12 13:30:00
Actual
Forecast
Previous
3.0%

The CPI (Consumer Price Index) provides an estimate of the price change between any two periods.

Crude Oil Inventories
2025-03-12 14:30:00
Actual
Forecast
Previous
433.8 M Barrels

The Weekly Petroleum Status Report (WPSR) provides timely information on supply and prices of crude oil and principal petroleum products in the context of historical data and forecasts.

Interest Rate Decision
2025-03-12 14:45:00
Actual
Forecast
Previous
3.00%

The Bank carries out monetary policy by influencing short-term interest rates.

Federal Budget Balance
2025-03-12 19:00:00
Actual
Forecast
Previous
-129.0 B USD

The Monthly Treasury Statement of Receipts and Outlays of the United States Government (MTS) is prepared by the Financial Management Service, Department of the Treasury, and after approval by the Fiscal Assistant Secretary of the Treasury.

Building Approvals m/m
2025-03-13 01:30:00
Actual
Forecast
6.3%
Previous
0.7%

This indicator shows the number of permits for new construction projects.

Consumer Price Index y/y
2025-03-13 08:00:00
Actual
Forecast
1.3%
Previous
0.9%

The Consumer Price Index (CPI) is the most common measure of changes in prices.

Consumer Price Index m/m
2025-03-13 08:00:00
Actual
Forecast
0.6%
Previous
0.0%

The Consumer Price Index (CPI) is the most common measure of changes in prices.

Producer and Import Prices y/y
2025-03-13 08:30:00
Actual
Forecast
Previous
-0.3%

The producer price index relates to goods produced and sold on the domestic market or exported by enterprises based in Switzerland.

Producer and Import Prices m/m
2025-03-13 08:30:00
Actual
Forecast
Previous
0.1%

The producer price index relates to goods produced and sold on the domestic market or exported by enterprises based in Switzerland.

Industrial Production y/y
2025-03-13 11:00:00
Actual
Forecast
Previous
-2.0%

The Industrial Production Index is a business cycle indicator showing the output and activity of industry.

Industrial Production m/m
2025-03-13 11:00:00
Actual
Forecast
0.8%
Previous
-1.1%

The Industrial Production Index is a business cycle indicator showing the output and activity of industry.

Core Producer Price Index (PPI) y/y
2025-03-13 13:30:00
Actual
Forecast
Previous
3.6%

Because prices for food and energy have tended to be so erratic in recent years, some economists prefer to focus attention on an index measuring prices for finished goods other than foods and energy as a better measure of the so-called core or underlying rate of inflation.

Core Producer Price Index (PPI) m/m
2025-03-13 13:30:00
Actual
Forecast
0.3%
Previous
0.3%

Because prices for food and energy have tended to be so erratic in recent years, some economists prefer to focus attention on an index measuring prices for finished goods other than foods and energy as a better measure of the so-called core or underlying rate of inflation.

Initial Jobless Claims
2025-03-13 13:30:00
Actual
Forecast
Previous
221 000

Initial Jobless Claims is a report issued by the U.

Producer Price Index (PPI) m/m
2025-03-13 13:30:00
Actual
Forecast
0.3%
Previous
0.4%

The Producer Price Index (PPI) of the Bureau of Labour Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services.

Producer Price Index (PPI) y/y
2025-03-13 13:30:00
Actual
Forecast
Previous
3.5%

The Producer Price Index (PPI) of the Bureau of Labour Statistics (BLS) is a family of indexes that measure the average change over time in the prices received by domestic producers of goods and services.

Building Permits m/m
2025-03-13 13:30:00
Actual
Forecast
Previous
11.0%

The Building Permits Survey covers all Canadian municipalities that issue permits.

Natural Gas Storage
2025-03-13 15:30:00
Actual
Forecast
Previous
1760 BCF

This report tracks U.

Food Price Index (FPI) m/m
2025-03-13 22:45:00
Actual
Forecast
Previous
1.9%

The Food Price Index (FPI) measures the price change rate of a fixed basket of food goods and services purchased by households.

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