today's crypto News ..$BTC

As of March 11, 2025, here are the latest updates in the cryptocurrency market:

Market Overview

Bitcoin (BTC): Currently trading around $81,565, reflecting a 1.01% increase over the past 24 hours.

Ethereum (ETH): Trading at approximately $1,920, with an 8.75% rise in the last 24 hours.

Global Market Capitalization: The total cryptocurrency market cap stands at $2.71 trillion, experiencing a 5.01% decrease in the past day.

Notable News

Mt. Gox Bitcoin Movements: The defunct exchange Mt. Gox transferred 11,833 BTC (approximately $926.2 million) on March 11, marking its second significant Bitcoin move within a week.

Cyberattack on X Platform: Elon Musk's social media platform, X, experienced a substantial cyberattack attributed to the hacker group "Dark Storm," leading to widespread access issues for users.

Institutional Crypto Custody: Deutsche Boerse's Clearstream is set to launch cryptocurrency custody services for institutional clients later this year, signaling increased institutional interest in digital assets.

Coinbase's India Re-Entry: Coinbase has secured regulatory approval from India's Financial Intelligence Unit (FIU), paving the way for the exchange to resume its cryptocurrency trading services in the Indian market.

Texas Bitcoin Reserve Proposal: The state of Texas has introduced a bill proposing a $250 million investment in Bitcoin as a reserve asset, reflecting growing state-level interest in cryptocurrency adoption.

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