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- Crypto Market Overview for February 7,2023
Crypto Market Overview for February 7,2023

We're thrilled to announce the arrival of our latest edition of Crypto Insider, your ultimate guide to navigating the world of cryptocurrencies!
In this issue, we're uncovering the latest trends, insights, and analysis that will empower you to make informed decisions in the fast-paced crypto landscape. From market updates to investment strategies, regulatory developments, and innovative projects, we've got you covered.
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MARKET OVERVIEW (Today's Cryptocurrency Prices by Market Cap)
The global crypto market cap is $1.66T, a 0.74% increase over the last day.
The total crypto market volume over the last 24 hours is $42.43B, which makes a 3.27% decrease. The total volume in DeFi is currently $3.76B, 8.87% of the total crypto market 24-hour volume. The volume of all stable coins is now $39.07B, which is 92.08% of the total crypto market 24-hour volume.
Bitcoin’s dominance is currently 51.06%, a decrease of 0.08% over the day.

Crypto industry tops all Canadian fintech investments 2 years in a row
KPMG’s data showed that the blockchain and crypto space had 31 deals in 2023, more than any other vertical in fintech. The software-as-a-service industry followed with 24 deals, while the artificial intelligence and machine learning industry had 15 deals.
KPMG partner Edith Hitt said in the report that investor interest in crypto-related fintech projects was driven partly by the anticipation of spot Bitcoin exchange-traded fund (ETF) approvals by the United States Securities and Exchange Commission.
Bitcoin Records $703 Million In Inflows
According to the latest Bitfinex Alpha market report reflecting on-chain data, the second day of trading of Bitcoin ETFs on Jan. 12 saw a significant increase in Bitcoin miners’ outflow to exchanges.
The launch of Bitcoin exchange-traded funds (ETFs) in the United States has directly influenced miners’ BTC reserves, with more than $1 billion of BTC flowing from miner wallets to exchanges in the first 48 hours of trading.
Stay tuned for tomorrow's updates as we bring you the latest news and information. We will keep you informed and provide you with all the necessary details.
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