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Leaders of the cryptocurrency market for the second week of March
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Leaders of the cryptocurrency market for the second week of March

Mar 10, 2024

As of March 10, 2024, last week turned out to be very successful for the cryptocurrency market. The exchange rate of the leading cryptocurrency bitcoin (BTC) increased by 12.22%, reaching $69,810. This became a historic event, as the price of "digital gold" set a new record high of $70,000.

The market capitalization of this asset amounted to $1.37 trillion, and trading volumes for the week exceeded $181.75 billion. Bitcoin's market share was 51.6%, and the Greed and Fear Index for bitcoin stopped at 89 out of 100, indicating positive sentiment among traders and investors.

In addition, other cryptocurrencies have also shown impressive results. For example, Ethereum (ETH) grew by 15%, reaching the level of $3,944, and its capitalization amounted to $473.77 billion. Trading volumes for the week amounted to $13.05 billion.

Among other cryptocurrencies, BNB stood out with an increase of 29.5%, reaching $536.7, with a capitalization of more than $80.25 billion. Dogecoin (DOGE) and Shiba Inu (SHIB) also rose by 22.7% and 50.4%, respectively.

Among the top 100 cryptocurrencies by capitalization, Gala (GALA), Pepe (PEPE) and Floki (FLOKI) showed the greatest growth, their rates rose by 61.3%, 60.3% and 55.5%, respectively.

Cryptocurrencies related to artificial intelligence (AI) technology were of particular interest. For example, Render (RNDR) rose in price by 53.6%, The Graph (GRT) increased by 41.8%, and Fetch.ai (FET) rose by 54.7%. AIOZ Network (AIOZ) made a particularly impressive jump in price by 137.8%.

However, there were also losers. For example, Kaspa (KAS) fell by 10.3%, and Bitcoin Cash (BCH) also disappointed with a decrease in the exchange rate by the same amount during the same week

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