DeFiLlama: The monthly costs for over 60 chains are less than $1,000

QCP: BTC Oscillates Near $74,000; Multi-Country Central Bank Rate Decisions Key This Week

QCP Capital analysis indicates that BTC price is maintaining around $74,000, with a lack of upward momentum. Although the overall crypto market remains under pressure, the declines are relatively controlled. Central bank policy meetings throughout the year will influence the market, as high oil prices have lowered expectations for rate cuts, and the interest rate environment has weakened support for crypto assets. Until policy and geopolitical situations become clearer, a volatile pattern may continue.

Analyst: The overheated bubble of Bitcoin (BTC) has been absorbed, but selling pressure still remains.

On-chain analyst Axel's research report indicates that the Bitcoin market has returned to a neutral range, but overall remains in a loss state with unrelenting selling pressure. The MVRV Z-Score shows that valuation bubbles have dissipated; however, aSOPR has remained below 1.0 for 55 consecutive days, indicating sustained selling pressure. Axel emphasizes that the key to the market lies in whether selling pressure will be exhausted, requiring observation of whether aSOPR can stabilize above 1.0.

Bitcoin Holds Strong at $70,000! On-Chain Data Reveals "Collective Selling Wave," Retail Investors Emerge as Biggest Selling Pressure

Under Middle East geopolitical tensions, Bitcoin faced widespread selling pressure, particularly from retail holders. According to Glassnode data, the market is experiencing heavy selling pressure, with the accumulated trend score declining to 0.04, indicating that retail and small-to-medium investors are reducing their positions significantly. Despite this, Bitcoin's resilience against the decline has surprised market observers.

Ethereum Open Interest Continues to Grow, Derivatives Market Liquidity Continues to Flow In

Gate News update: On March 18, CryptoQuant posted on the X platform stating that Ethereum's open interest shows a continuous growth trend, indicating sustained liquidity inflows into the derivatives market. The institution believes this trend supports the stability of Ethereum's uptrend rather than short-term volatility.

Ethereum Returns to $2,300: Whales Accumulate 540,000 ETH, Exchange Inflows Drop to 10-Month Low

Ethereum's price rebounded above $2,300 on March 18, primarily driven by whale purchases and net exchange outflows. On-chain data shows investors have reduced their selling pressure, with supply tightening. Technical indicators reveal short-term resistance at $2,380 to $2,400, with support near $2,320. The futures market is also displaying positive signals.

XRP Ledger Activity Surges as Price Holds Near Key Resistance

Key Insights XRP Ledger processed over 2.5 million transactions in 24 hours, reflecting rising network engagement while the asset price remained stable near resistance. XRP price holds near $1.41 while forming higher lows, indicating buyers continue supporting the asset despite repeated resis