The cryptocurrency markets are recording some stability in the middle of the opening session of the week today, Monday, 14 March, amid a clear decline in liquidity, as Bitcoin is trading at levels of 39 thousand dollars and a market value at 740 billion dollars, an increase of about 0.02%, coinciding with anticipation in the markets for the outcome of the European Parliament vote Regarding the future of digital currencies.
The European Parliament’s Economic and Monetary Affairs Committee is expected to vote on Monday on a draft proposed market action in crypto-assets MiCA, the EU’s comprehensive legislative package for managing digital assets, which could mean a ban on the use of energy-intensive cryptocurrencies such as Bitcoin if approved.
The market value of the cryptocurrency market combined, according to the Coingecko website, which includes more than 13,000 digital currencies, has witnessed slight declines since the beginning of the session, by about 0.2%, trading at levels of 1.82 trillion dollars.
Ethereum is the second largest digital currency, rising by about 0.65% and trading at levels of 2.592 thousand dollars, with a market value of 311 billion dollars.
The Dogecoin currency recorded declines of about 0.53%, trading at levels of 0.115 dollars, with a stability in the market value at 15 billion dollars, while the cardano rose by about 1.86%, trading at levels of 0.8076 dollars, and a market value estimated at about 27 billion dollars.
The Shiba Inu currency, in turn, is declining by about 2%, trading at levels of $0.00022, with a stability in the market value at $12 billion, while the Solana currency is trading down by about 0.38%, trading at levels of $81, and a market value of $26 billion.
The XRP or Ripple currency is down by about 3.70% today, Monday, and is trading at 0.7712 levels, with a decline in its market value to 37 billion, while Litecoin loses about 1.12% by trading at levels of 104 dollars, with a decline in the market value to 7 billion dollars.
05/11/2024
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