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A sharp 13.6% drop saw Crypto.com Coin (CRO) fall to $0.07, making it one of the day's biggest movers. Solana (SOL) followed suit, plunging 13.1% to settle at $139.36. XRP saw a 9.7% drop and landed at $2.38. Binance Coin (BNB) closed at $570.37 after a 4.8% shift. Binance Coin (BNB) fell 4.8% to $570.37.
In a broader context, Ethereum (ETH) faced strong headwinds, slipping 14% over the past seven days.
Overall, the market reflected bearish sentiment, as multiple assets decreased in value.
Richard Teng, CEO of Binance, said that the company remains committed to combating virtual asset-related crimes and upholding justice.
The Federal Financial Supervisory Authority (BaFin) has issued a warning regarding Xyron Beam AI, which is offering financial, investment, and crypto asset services without the necessary authorization.
Tracking the latest price action across Bitcoin, Ethereum, Binance Coin, and more on March 4, 2025.
Binance has announced the removal of non-MiCA compliant stablecoin trading pairs for the European Economic Area (EEA), including USDT, DAI, and FDUSD.
The European Securities and Markets Authority (ESMA) is soliciting responses on draft guidelines for rules regarding cryptocurrency.
Therese Chambers, joint executive director of enforcement at the Financial Conduct Authority (FCA), said that the sentencing of Olumide Osunkoya marks the UK's first criminal conviction for unregistered crypto activity.
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