The crypto market traded sideways, with most US crypto stocks declining. PayPay, a major shareholder of Binance Japan, rose 13.5% on its first day of trading after its IPO.

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On March 13th, according to HTX market data, the cryptocurrency market remained flat overnight, with Bitcoin currently trading at $70,500 and Ethereum at $2,080. The total market capitalization of cryptocurrencies is $2.482 trillion, rebounding 0.6% in the last 24 hours. The altcoins with the largest price changes include:

TRUBO rose 35.12% in the last 24 hours and is currently trading at $0.00126.
ENSO rose 17.3% in the last 24 hours and is currently trading at $1.30.

GTC rose 14.5% in the last 24 hours and is currently trading at $0.108.
The 1000 SATS index rose 13.4% in the last 24 hours and is currently trading at $0.000013.
RENDER rose 10.5% in the last 24 hours and is currently trading at $1.70.

PIXEL has fallen 29.3% in the last 24 hours and is currently trading at $0.01.
ACX has fallen 19.3% in the last 24 hours and is currently trading at $0.049.
HUMA has fallen 18.3% in the last 24 hours and is currently trading at $0.0163.
SXP fell 16.7% in the last 24 hours and is currently trading at $0.0167.

According to Bitget data, the three major U.S. stock indexes closed lower, with the Dow Jones Industrial Average down 1.56%, the S&P 500 down 1.52%, and the Nasdaq Composite down 1.78%. PayPay, Japan's largest cashless payment provider backed by SoftBank, officially listed on Nasdaq. On its first day of trading, its share price rose 13.5% from its IPO price of $16, closing at $18.16, giving it a total market capitalization of $12.142 billion and a 40% stake in Binance Japan. Other U.S. crypto-related stocks generally declined.

Strategy (MSTR) fell 0.72%;

Coinbase (COIN) fell 2.71%;

Circle (CRCL) rose 1.24%;

Riot Platforms (RIOT) fell 2.09%;

BitMine Immersion (BMNR) fell 2.28%;

SharpLink Gaming (SBET) fell 1.45%.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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