Binance Market Update: Crypto Market Trends | March 7, 2025

According to CoinMarketCap data, the global crypto market cap is $2.93T, a 2.79% decrease over the last day.

Bitcoin (BTC) traded between $91,6o6 and $84,667 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $89,308, down by 2.36%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include REZ, AUCTION, and DGB, up by 24%, 18%, and 15%, respectively.

Top stories of the day:

• Binance Updates Proof of Reserves for March 2025, Confirms Full Asset Backing

• U.S. February Employment Report and Federal Reserve Speech Anticipated

• From GameFi to DeFi: Why BinaryX Rebranded to Four

• Interest Rate Fears Replace Tariff Concerns as Crypto and Equities Pull Back

• Texas Senate Greenlights Bitcoin Strategic Reserve in Landmark Vote

• Mexico Announces End to Reciprocal Tariffs with The U.S. 

• Trump Signs Executive Order to Establish U.S. Strategic Bitcoin Reserve

• U.S. Jobless Claims Decline, Indicating Moderate Labor Market Conditions

• Canada Engages in Talks With U.S. to Lift Tariffs

• U.S. Records Largest Trade Deficit in January

Market movers:

ETH: $2208.05 (-3.23%)

XRP: $2.5636 (-0.04%)

BNB: $602.35 (+0.14%)

SOL: $145.75 (-2.60%)

ADA: $0.8875 (-6.18%)

DOGE: $0.20301 (-2.76%)

TRX: $0.2417 (-1.87%)

TRUMP: $13.18 (-2.87%)

WBTC: $89054.75 (-1.68%)

LINK: $17.14 (-0.12%)