Major coins traded lower on Sunday evening as investors weighed the possible fallout from major events in March, including bank failures, inflation and regulatory actions related to cryptocurrencies.
| cryptocurrency | Profits (+/-) | Price (taken at 9:30pm EST) |
|---|---|---|
| Bitcoin BTC/USD | -1.36% | $28,027 |
| ether ETH/USD | -1.66% | $1,785 |
| Dogecoins DOGE/USD | -5.78% | $0.078 |
What happened: However, the cryptocurrency market has been rocked by volatility Bitcoin BTC/USD gained about 24% in March.
Top Winners (24 Hours)
| cryptocurrency | Profits (+/-) | Price (taken at 9:30pm EST) |
|---|---|---|
| Aptos | +4.59% | $11.71 |
| ripple | +2.50% | $0.51 |
| EOS | +2.40% | $1.22 |
At the time of writing, the global crypto market cap was $1.17 trillion, down 1.34% from the last day.
US stocks surged Friday, reacting to news that the federal reserve‘s favorite measure of inflation has shown a lower-than-expected rise in prices. The S&P 500 rose 1.44%, while the Nasdaq Composite gained 1.74%.
See more: Best Crypto Day Trading Strategies
This week, investors will get a new set of jobs and economic output data to find out whether the US economy is picking up steam or continuing to slow, as recent indicators suggest. On Tuesday the U.S. Census Bureau will release its report on durable goods orders in February, with analysts expecting a 1% month-on-month decline. On Friday the US Department of Labor will unveil its report on non-farm payrolls and unemployment rate for March.
News Highlights: The Arbitrum Foundation has agreed to split a controversial governance package into multiple separate votes following a series of protests from holders of its ARB token.
“AIP-1 is too big and covers too many topics. We will follow the advice of the DAO…
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