CoinNess Market Surveillance Mar. 11: BTC Swings Around $56000 Level

As of 3:15 (UTC) on March 11, the global price index of Bitcoin (BTC) has been dancing in and out of the $56,000 level. At present, the coin marks $56,054.74 with an increase of 4.07% in the past 24 hours.

The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Buy" with two indicators sending out selling signals, one showing a neutral signal, and 15 indicating buying signals.

The broad market is trading in an uptrend, with 28 out of Top 100 cryptos by market cap dropping.

The global market cap reads $1.71 trillion, and the 24-hour trading volume is $125.92 billion.

Major Coins

1. BTC quotes show 55,926.83 USDT on Binance, $55,961.00 on Bitfinex, $55,929.17 on Coinbase Pro and 55,988.54 USDT on Boboo.com;

2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $1,798.40 (+0.29%); XRP marks $0.4585 (-1.94%); BCH marks $562.72 (+5.85%); LTC marks $200.04 (+1.34%); EOS marks $4.02 (+0.40%); ETC marks $12.47 (+4.41%).

Top 3 Gainers and Losers in Cryptocurrencies

1. Top 3 gainers among Top 100 cryptocurrencies by market cap: TFUEL (+68.03%), THETA (+21.88%), and BAT (+19.30%);

2. Top 3 losers among Top 100 cryptocurrencies by market cap: AVAX (-9.18%), FTM (-7.66%), and XEM (-7.34%).

Cap Flows of Coins/Exchanges

1. Top 3 capital inflows within the last 24 hours: BTC (+$2.25 bln), ETH (+$650.02 mln), and BCH (+$163.45 mln);

2. Top 3 capital outflows within the last 24 hours: ADA (-$41.26 mln), LINK (-$27.60 mln), and HT (-$21.86 mln);

3. Net inflows/outflows of exchanges: Binance (-$100.09 mln), Bitfinex (-$53.60 mln), and Coinbase Pro (+$43.50 mln).

Coinness