Welcome to Crypto Insider's Tuesday Edition! As the week gains momentum, so does the excitement in the world of cryptocurrencies. Today, we're here to bring you a curated selection of the latest news, trends, and insights shaping the digital asset landscape. Join us as we navigate through the dynamic market movements and uncover valuable opportunities that lie ahead. Let's dive into the heart of the crypto realm together

MARKET OVERVIEW (Today's Cryptocurrency Prices by Market Cap)

The global crypto market cap is $2.67T, a 1.94% decrease over the last day.

The total crypto market volume over the last 24 hours is $147.17B, which makes a 7.67% decrease. The total volume in DeFi is currently $13.31B, 9.04% of the total crypto market 24-hour volume. The volume of all stable coins is now $134.4B, which is 91.32% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 52.11%, a decrease of 0.32% over the day.

Bitcoin Mining Daily Revenue Reaches New Peak of Over $78M amid Macro Bullish Outlook

Bitcoin miners, who are currently receiving 900 coins per day, have significantly benefited from the recent BTC spike above $72,000 for the first time in crypto history.

Unlike the 2021 cryptocurrency bull run when Bitcoin (BTC) price reached a peak of $69,000, the flagship coin is in the early stages of a macro bull cycle after rallying above $72,000 on Monday. As a result, Bitcoin miners have significantly benefited from higher spot prices. According to market data provided by CryptoQuant, Bitcoin miners earned a whopping $78.6 million on March 7, thus surpassing the prior peak of $67.1 million that was set in April 2021.

Notably, Bitcoin miners are counting less than 40 days before the fourth halving occurs, which will reduce their daily rewards to 450 coins. As a result, Bitcoin must compensate for the halving with higher prices in order to incentivize the miners to keep securing the network. Furthermore, BTC  miners will be compelled to update their hardware components since the mining difficulty will experience a sharp uptick in the coming months.

As of this writing, the total Bitcoin mining was around 606 million hash rate TH/s, with about 35,425 Bitcoins left to mine until the next halving.

Crypto Fever: Bitcoin Smashes Records, Approaching $73,000 Milestone

This achievement, occurring with remarkable frequency since early March, saw Bitcoin registering a new all-time high of $72,750 today, marking a 5% daily increase and an 12% gain over the past week. The cryptocurrency’s consistent climb underlines its relentless ascent in the financial world.

Amid the UK financial regulator’s announcement that it would permit the trading of cryptocurrency-backed securities, the price of Bitcoin surged to a new all-time high of nearly $73,000. The leading cryptocurrency erased its previous peak of nearly $69,000 set in November 2021.

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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