# MARCH 9, 2025, the cryptocurrency market exhibits notable activity across various assets.
Market Overview:
The global cryptocurrency market capitalization stands at approximately $2.84 trillion, reflecting a 0.71% increase over the past 24 hours. Trading volumes have seen a significant surge, with a 54.83% increase, totaling $55.36 billion. Decentralized Finance (DeFi) platforms contribute $4.54 billion, representing 8.19% of the total 24-hour trading volume. citeturn0search11
Major Cryptocurrencies:
Bitcoin (BTC): Trading at $86,167, BTC has seen an increase of 0.82% from the previous close, with intraday values ranging between $85,467 and $86,614.
Ethereum (ETH): Priced at $2,198.40, ETH has appreciated by 3.78% over the last 24 hours, with intraday highs of $2,224.72 and lows of $2,118.38.
Binance Coin (BNB): Currently at $590.69, BNB has experienced a modest increase of 0.13%, with intraday movements between $589.93 and $601.83.
Cardano (ADA): Trading at $0.810495, ADA has seen a slight decrease of 1.47%, with intraday values ranging from $0.795687 to $0.832699.
Dogecoin (DOGE): At $0.192635, DOGE has declined by 1.80%, with intraday highs of $0.19937 and lows of $0.191352.
Recent Developments:
Regulatory Changes: The U.S. Office of the Comptroller of the Currency (OCC) has issued new guidelines permitting banks to engage in cryptocurrency-related activities, such as crypto-asset custody and stablecoin operations, without prior regulatory approval. This marks a significant shift from previous policies requiring explicit permissions. citeturn0news13
