March 2 Cryptocurrency Price in India: Check Global Market Cap and Gain/Loss of Bitcoin, Ethereum, Doge, Solana, Litecoin and Maker MKR
Bitcoin (BTC) remained stable at around $23,000 in early trading on Thursday, while other popular altcoins saw mixed gains and losses. The global crypto market cap stood at $1.07tn, showing a 24-hour gain of 0.29%. The most significant gainer was the Maker token, which experienced a 24-hour jump of over 11%. The biggest loser was NEM, which experienced a 24-hour dip of nearly 6%.
Mudrex co-founder and CEO Edul Patel stated that Bitcoin remained “somewhat weak” and required a recovery to make a significant move in the coming days. Ethereum saw a 2% increase over the previous day and traded between $1,613 and $1,650 levels.
France continues to lead the crypto regulation efforts of the European Union with tighter legislation for new crypto firms. Hong Kong’s evolving stance on crypto, and consequent steps to introduce digital assets in the country, is being actively supported by China.
Shivam Thakral, the CEO of BuyUCoin, said that the cryptocurrency market remained flat due to unchanged macroeconomic factors in the last 24 hours. BTC and ETH showed a marginal jump in their value and are trading at $23,516.89 and $1,649.09, respectively.
The crypto industry continues to face increased scrutiny from regulators and lawmakers. Cryptocurrency products and NFTs are unregulated and can be highly risky. Cryptocurrency is not a legal tender and is subject to market risks. Cryptocurrency market predictions are speculative, and any investment made shall be at the sole cost and risk of the readers.
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