Market Update

Crypto Update: Bitcoin price today, Russia’s oil trade, European Central Bank of the American Reserve, Trump to buy Binance? Check the details here

Bitcoin price today: In the open market today, March 17, the largest world Coded It is circulated in green, at 83,693.28 dollars, with a market capital of $ 1.66 trillion, according to Coinmarketca data. Over the past 24 hours, the Bitcoin trading volume jumped by 77 percent to $ 22.92 billion.

This comes as a good sign after the distinctive symbol decreased to less than $ 80,000 on Friday (March 14), but it managed to stay around the level during the weekend.

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Prices of encryption on March 17: Ether, Tether, Solana & Dogoin

For other encryptions, the second largest currency, ether$ 1909.53 at 9.30 am on March 17, with a maximum of 230.33 billion dollars. Stablecoin Tether, associated with US dollars, remained at $ 1, with the maximum market, about 143.47 billion dollars. USDT is the most trading encryption in the world, with trade sizes over the past 24 hours that exceed Bitcoin by $ 51.65 billion.

Other codes in the news, including Solana and Mimi Quinn Dukwin, were in The Green on March 17, at $ 129.06 and $ 0.1731, respectively.

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Bitcoin and encryption markets: Expert offer

According to Avinash Shekhar, co -founder and CEO, Pi42, Bitcoin and The Crypto Market broader progress before the United States Federal ReserveThe interest rate decision.

“Bitcoin is currently trading near 83 thousand dollars and can see the bullish trend if broken the main resistance level, while the feelings turn with the decrease in encrypted fear and the greed index to 22, which reflects the increase in uncertainty.

On ethereum and Dokwin After also pressing, sheikhs felt that the “internal and technical and technical factors” and “market participants look forward to the catalysts of collapse.”

He feels that the institutional demand for encryption “is still strong, and that the steps below Bitcoin will determine the direction of the world of encryption in the next two weeks.”

Below are the most important updates on encrypted currencies, markets and relevant news.

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European Central Bank Member of the American Crypting Reserve: “The risks are bringing the following financial emergency”

Bloomberg reported that Francois Felieri de Galhao, a member of the Board of Directors of the European Central Bank (ECB), warned against the cryptocurrency reserves in the United States on March 16.

In an interview with French Weekly La Tribune Dimanche, De Galhau said, “The United States risked by mistake through neglect. Financial crises often arise in the United States and spread to the rest of the world. Through encouragement EncryptionNon -banking parties and financing, the American administration is planning the seeds of future turmoil. “

He pointed out that the supervision was better guaranteed and protection against any banking crisis on the side of the European Union. His comments come after US President Donald Trump signed an executive matter calling for the creation of a strategic bitcoin reserve and a separate stock of other digital assets.

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Donald Trump in talks with Binance for us?

Wall Street Journal and Reuters reported that representatives of the US President Donald TrumpA family is considering a share in the US arm to exchange encryption and “talks held” to achieve this goal. The WSJ report indicated that Binance had communicated with a deal in 2024 in an attempt to revive the “exile” company, and the founder of the Changpeng Zhao was also pressing for Donald Trump to give him an amnesty.

It is not clear at the present time whether the deal will reach its fruits. Representatives of Trump and Binance The Reuters report added that he did not respond to inquiries.

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Russia uses encryption for oil trade with India, China: Report

According to a Reuters report, quoting four sources, Russia Current currencies are used to trade oil with India and China and overcome European sanctions on their manufacture.

She pointed out that sources say that some Russian oil companies use codes codes such as bitcoin, ether and spices to convert the Indian rupee and Chinese yuan into Russian rubles for trade. The report described this as “a small but increasing part of the total oil trade in Russia.” She added that the country’s oil business is worth $ 192 billion in 2024.

The Russian Central Bank refused to comment, according to the report. However, the sources said that practice is likely to continue because it is “a comfortable tool and helps operate operations faster.”

(With inputs of agencies)

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Business NewsMarketsCodedCrypto Update: Bitcoin price today, Russia’s oil trade, European Central Bank of the American Reserve, Trump to buy Binance? Check the details here

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