The global cryptocurrency market capitalization stands at approximately $2.28–2.37 trillion, having declined slightly by about 0.5%–1.4% over the past 24 hours. Trading volume remains around $4.5–5.5 billion. Bitcoin’s dominance rate is approximately 57.8%–57.9%, while Ethereum’s is about 10.5%.
MicroStrategy may pause its Bitcoin accumulation, ending its 13-week streak of consecutive purchases, which has drawn market attention.
I do not believe BTC can stabilize at this level; I recommend staying out of the market and waiting on the sidelines.
GM
The cryptocurrency market as a whole is showing a moderate upward trend, with major cryptocurrencies such as Bitcoin and Ethereum all posting gains. This is partly due to the upcoming Federal Reserve meeting on March 18–19 (the market expects interest rates to remain unchanged, but the dot plot may adjust expectations for rate cuts, which could put some short-term pressure on risk assets, including cryptocurrencies).