Usually, at times of economic uncertainty when market volatility is high, panicked investors shy away from risk assets such as cryptocurrencies and drift towards safe-haven assets such as government bonds and Gold. 
CRYPTOCURRENCY Price Today: Bears continued to hold power in the crypto market on Thursday (March 15), as concerns related to turmoil in the banking industry in the US dented investors’ sentiments. Usually, at times of economic uncertainty when market volatility is high, panicked investors shy away from risk assets such as cryptocurrencies and drift towards safe-haven assets such as government bonds and Gold. 
Today, the global crypto market cap slumped 1.33% at $1.08T, as sell-off continued in the digital asset market. The price of the world’s two largest cryptocurrencies also traded in the red today.
Bitcoin price today fell 2.22% at US$24,637.12, with a 24-hour trading volume of US$40,349,265,775. Bitcoin has a live market cap of US$475,966,732,720. Ethereum price was 3.11% lower at US$1,644.66. The world’s second-largest cryptocurrency, Ethereum has a live market cap of US$201,262,811,623.

The total crypto market volume over the past 24 hours is $77.18B, a decrease of 17.49%. The total volume in DeFi is currently $7.01B, which is 9.08% of the total crypto market 24-hour volume. The volume of all stablecoins stands at $72.85B, which is 94.40% of the total crypto market 24-hour volume.
Other top crypto tokens were also seen trading in the red today.
Polygon price was spotted trading at $1.12 per token, down 6.09% compared to the previous close. Polygon has a 24-hour trading volume of US$659,390,238. Polygon has a live market cap of US$9,769,025,437.

Solana was seen trading 7.50% lower at US$19.20 per token. The altcoin has a live market cap of US$7,361,798,789. The price of Cardano (ADA) and XRP also traded lower today. 
Cardano was trading at US$0.323437, down 4.55% over the last 24 hours. The altcoin has a live market cap of US$11,225,648,817. XRP price was down 2.81% at US$0.360325 per token. XRP has a live market cap of US$18,358,862,385 and its current CoinMarketCap ranking is 6. 
The price of two meme-based cryptocurrencies Dogecoin and Shiba Inu traded in the red today. Dogecoin price was down 4.88% at US$0.070087. Meanwhile, Shiba Inu price today declined 5.88% at US$0.000010. 
 
 
 
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