CoinNess Market Surveillance Mar. 23: BTC Drops To $55000 Level

As of 3:00 (UTC) on March 23, the global price index of Bitcoin (BTC) has slid to the $54,000 level. At present, the coin marks $54,905.16 with a decrease of 2.92% in the past 24 hours.

The CoinNess.com Bullish vs. Bearish Indicator shows our four-hour technical bias on BTC is "Strong Sell" with 13 indicators sending out selling signals, five showing neutral signals, and zero indicating buying signals.

The broad market is trading in a downtrend, with 63 out of Top 100 cryptos by market cap dropping.

The global market cap reads $1.72 trillion, and the 24-hour trading volume is $131.35 billion.

Major Coins

1. BTC quotes show 54,593.77 USDT on Binance, $54,560.00 on Bitfinex, $54,615.77 on Coinbase Pro and 54,585.98 USDT on Boboo.com;

2. CoinNess.com Market Index presents quotes for major cryptocurrencies besides BTC as following: ETH marks $1,710.62 (-3.27%); XRP marks $0.5865 (+14.17%); BCH marks $531.16 (+2.64%); LTC marks $189.37 (-1.52%); EOS marks $4.26 (+4.59%); ETC marks $12.04 (+2.46%).

Top 3 Gainers and Losers in Cryptocurrencies

1. Top 3 gainers among Top 100 cryptocurrencies by market cap: DENT (+62.47%), BTG (+40.44%), and TFUEL (+22.12%);

2. Top 3 losers among Top 100 cryptocurrencies by market cap: SC (-10.99%), ONE (-10.28%), and NEXO (-8.95%).

Cap Flows of Coins/Exchanges

1. Top 3 capital inflows within the last 24 hours: BTC (+$1.56 bln), ETH (+$548.24 mln), and BCH (+$107.04 mln);

2. Top 3 capital outflows within the last 24 hours: DOT (-$37.63 mln), ADA (-$34.70 mln), and BUSD (-$27.64 mln);

3. Net inflows/outflows of exchanges: Binance (-$269.45 mln), Bitfinex (-$85.72 mln), and Coinbase Pro (+$47.95 mln).

Coinness