Binance Market Update (2024-03-12)

The global cryptocurrency market cap now stands at $2.69T, up by 2.32% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $71,270 and $72,800 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,976, up by 0.46%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AMP, METIS, and REEF, up by 187%, 51%, and 46%, respectively.

Top stories of the day:

• Binance Features ether.fi (ETHFI) on Launchpool: First to Stake BNB and FDUSD for ETHFI Token Farming 

• CME Bitcoin Futures Open Interest Hits Record High  

• CoinShares Acquires Valkyrie's ETF Business And Investment Advisory Services 

• Goldman Sachs, BNY Mellon, and CBOE Complete Blockchain Pilot Test

• BlackRock's Bitcoin ETF IBIT Surpasses 200,000 BTC in Assets Under Management

• Shiba Inu Trading Volume Spikes Despite Price Drop, Narrows Market Cap Gap With Dogecoin 

• CME FedWatch Tool Indicates Unchanged Interest Rates in March

• Bitcoin Price Fluctuates Following US Consumer Price Index Release 

• Grayscale Submits Mini GBTC Registration Application to SEC 

• US February Unadjusted CPI Annual Rate Rises to 3.2%

Market movers:

• ETH: $4009.44 (+0.03%)

• BNB: $533.7 (+1.16%)

• SOL: $152.89 (+2.87%)

• XRP: $0.6967 (+11.42%)

• ADA: $0.7475 (+1.40%)

• DOGE: $0.17077 (-3.23%)

• SHIB: $0.00003254 (-5.24%)

• AVAX: $47.63 (+6.91%)

• DOT: $10.661 (-0.86%)

• LINK: $20.47 (-4.10%)

Top gainers on Binance:

• AMP/USDT (+187%)

• METIS/USDT (+51%)

• REEF/USDT (+46%)