MVIS CryptoCompare Top 100 IndexThe MVIS CryptoCompare Top 100 Index has dropped 10.67% in the last 24 hours to 4,459.38

The vice president of Venezuela, Tareck El Aissami, announced during the National Council for Productive Economy’s meeting held at the White Palace in Caracas that “Venezuelan cryptocurrency ‘el petro’ will be auctioned through the Complementary Floating Market Exchange Rate System (Dicom) for the development of the Bolivarian Economic Agenda (AEB).”

While the country’s National Assembly has frequently declared this new currency illegal, the Venezuelan government will continue with the auction of the Petro on the country’s official foreign exchange platform.

Users of Binance, the top cryptocurrency exchange in the world by trade volume, have reported suspicious activity in their accounts on March 7. Binance’s CEO, Changpeng Zhao, tweeted:

“All deposit, trading and withdrawal are resumed. will write a more detailed account of what happened shortly. Interestingly, the hackers lost coins during this attempt. We will donate this to Binance Charity.”

Binance’s CEO – Changpeng Zhao

Top 10

CryptoCompare Top 10 Coins

Almost every coin of the top 10 coins by 24-hour volume showed a negative change, ranging from 3.2 to 9.35%, in the last 24 hours. Ethereum Classic was the only exception and showed a gain of 2.61% in the last 24 hours.

Bitcoin Cash ($1,091) posted a loss of 6.71% and has a total volume of 312M in the last 24 hours. NEO ($99) and Monero ($318) showed a loss of around 8%, while Tronix ($0.039) recorded a negative change of 9.35%. EOS also posted a negative change of 7.82% and is currently sitting at $6.48.

BTC

Bitcoin BTC/USD CryptoCompare Chart

At the time of writing, the Bitcoin price is sitting at $9,984 representing a loss of 6.27% in the last 24 hours. More than $1.95 B worth of BTC were exchanged in the BTC/USD market representing a 27% share of global daily volume. The BTC/JPY pair represents the biggest pair with a 48.5% share.

ETH

Ethereum ETH/USD CryptoCompare Chart

The Ethereum price posted a loss of 3.2% over the past 24 hours and is currently sitting at $765, with over $340 M worth of Ether exchanged in the past 24 hours on the ETH/USD pair which has a 31.7% market share of the global daily trading volume. The largest Ethereum pair was ETH/BTC with a 36.5% share.

LTC

Litecoin LTC/USD CryptoCompare Chart

The Litecoin price has dropped 4.7% over the past 24 hours and is currently sitting at $184, with more than $190 M worth of LTC exchanged in the past 24 hours on the LTC/USD pair, the biggest Litecon pair, which has a 36% market share of the global daily trading volume.

XRP

Ripple XRP/USD CryptoCompare Chart

The Ripple price has dropped 5.87% over the past 24 hours and is currently sitting at $0.856, with more than $130 M worth of XRP exchanged in the past 24 hours on the XRP/USD pair which has a 25.7% market share of the global daily trading volume. The largest Ripple pair is XRP/KRW with a 37.2% share