The global crypto market cap edged up to $2.51 trillion on March 13, a 1.5% gain over 24 hours with $111 billion in total volume. Bitcoin (BTC) traded at $71,563, up 2.28%, commanding a $1.43T market cap and a dominance of 56.9%. Ethereum (ETH) stood at $2,122.88, rising 3.55%, with a market cap of $256B. The Crypto Fear & Greed Index sank from 18 yesterday to 15 (Extreme Fear), signaling persistent caution among market participants.
Pi Coin Leads, TRUMP Token in Spotlight
Pi Network (PI) jumped 33.30% to $0.2914 on $111M volume. TURBO climbed 29.39% to $0.001194, trading $140M. RIVER added 23.96% to $18.75, volume $46.4M. Official TRUMP coin inched up 3.18% to $2.95. Other notable gainers: Fetch.ai (FET) +17.55%, Bittensor (TAO) +11.75%, World Mobile Token (WMTX) +9.73%.
On the downside, Canton Coin (CC) lost 4.37% to $0.1478, Chiliz (CHZ) fell 2.46% to $0.03746, and Toncoin (TON) slipped 1.87% to $1.31.
Grayscale Launches Avalanche Staking ETF; Coinbase Adds Billions to Roadmap
Grayscale Investments debuted the Grayscale Avalanche Staking ETF on Nasdaq, offering exposure to AVAX price and staking rewards with returns reinvested or distributed. Eightco Holdings secured $125M financing from Bitmine, Ark Invest, and Payward. Coinbase added the Billions token to its listing roadmap, with trading set to begin once market-making support and technical infrastructure are ready. A trader swapped 50M USDT for AAVE on CoW Swap but received only 324 tokens due to extreme price impact, despite risk warnings displayed on the platform.
Donald Trump is scheduled to speak at a crypto business conference at Mar-a-Lago on April 25, limited to the top 297 TRUMP holders. Backpack confirmed its token generation event for March 23, unlocking 25% of supply, with major airdrop rewards for points holders and the Mad Lads community.
Market Comparison and Takeaways
Compared to March 12, market cap rose from $2.46T to $2.51T, volume from $103B to $111B. BTC climbed from $69.8K to $71.5K, ETH from $2,048 to $2,122. Yet the Fear & Greed Index worsened from 18 to 15, indicating deeper fear. DeFi market cap inched up 2.6% to $53.3B, representing 2.1% of the global market. Stablecoin market cap stood at $310.82B with $85.9B volume.
Though major assets are recovering, extreme fear suggests volatility may persist. Traders should manage risk and base decisions on research, not emotions.