Welcome to the Friday edition of Crypto Insider! As the week draws to a close, we're here to bring you the latest updates, trends, and analysis from the world of cryptocurrencies. From market movements to regulatory developments, we've got you covered. Join us as we wrap up the week with a comprehensive look at what's been happening in the crypto space. Let's dive in!"

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

The global crypto market cap is $2.61T, a 3.25% increase over the last day.

The total crypto market volume over the last 24 hours is $126.11B, which makes a 9.58% decrease. The total volume in DeFi is currently $10.49B, 8.32% of the total crypto market 24-hour volume. The volume of all stable coins is now $111.78B, which is 88.64% of the total crypto market 24-hour volume.

Bitcoin’s dominance is currently 52.02%, a decrease of 0.03% over the day.

Bitcoin Price Forms Inverse Head And Shoulders Pattern, Eyes $76,000

An inverse head and shoulders (iH&S) pattern, often seen as a bullish indicator, has formed on the Bitcoin 1-hour chart, suggesting a potential upward price movement. This pattern, while admittedly imperfect as per Olszewicz, is considered tradeable in his view. “[The] pattern is definitely not perfect but still tradeable imo,” he remarked.

Related Reading: The $69,000 Bitcoin Question: Expert Forecasts When Price Will Breakout

An Inverse Head and Shoulders (iH&S) pattern is a bullish reversal pattern in technical analysis, signaling a potential upward reversal in price trends. It consists of three troughs with the middle trough being the lowest, resembling the shape of a head and two shoulders, but flipped upside down

Is Bitcoin repeating its 2020 breakout? Here’s why $92.5K might be the next target

Bitcoin’s price uptrend in recent weeks has coincided with the increasing capital inflows into the United States-based exchange-traded funds (ETF). Notably, these ETFs hold over $53 billion in reserves as of March 7, compared to $27.95 billion at their launch in January.

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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