Crypto Market Trades Sideways, US Stock Crypto-Related Companies Experience Widespread Decline, Binance Japan Major Shareholder PayPay's IPO Surges 13.5% on First Day

BlockBeats News, March 13th, according to HTX market data, the overnight cryptocurrency market remained flat, with Bitcoin currently at $70,500 and Ethereum at $2,080. The total cryptocurrency market cap is $2.482 trillion, with a 0.6% 24-hour rebound. The top-performing altcoins in terms of price change are:

TRUBO up 35.12% in 24 hours, currently at $0.00126;
ENSO up 17.3% in 24 hours, currently at $1.3;

GTC up 14.5% in 24 hours, currently at $0.108;
1000SATS up 13.4% in 24 hours, currently at $0.000013;
RENDER up 10.5% in 24 hours, currently at $1.7;

PIXEL down 29.3% in 24 hours, currently at $0.01;
ACX down 19.3% in 24 hours, currently at $0.049;
HUMA down 18.3% in 24 hours, currently at $0.0163;
SXP down 16.7% in 24 hours, currently at $0.0167.

According to Bitget data, the three major U.S. stock indexes closed lower, with the Dow down 1.56%, the S&P 500 down 1.52%, and the Nasdaq down 1.78%. SoftBank-backed Japan's largest cashless payment provider, PayPay, officially listed on the Nasdaq. On its IPO debut, the stock price closed 13.5% higher than the $16 IPO price at $18.16, with a total market value of $12.142 billion and holding 40% of Binance Japan's shares. Other U.S. stock cryptocurrency concept stocks experienced a general decline:

MicroStrategy (MSTR) down 0.72%;

Coinbase (COIN) down 2.71%;

Circle (CRCL) up 1.24%;

Riot Blockchain (RIOT) down 2.09%;

Bit Mining Immersion (BMNR) down 2.28%;

SharpLink Gaming (SBET) down 1.45%.