Binance Market Update (2024-04-16)

The global cryptocurrency market cap now stands at $2.43T, up by 4.46% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $61,680 and $66,786 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,504, down by -4.71%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include JUV, BETA, and SANTOS, up by 18%, 15%, and 10%, respectively.

Top stories of the day:

• Binance Academy Launches University-Accredited Web3 Courses in Partnership with European Institutions 

• Gold Proponent Peter Schiff Challenges Bitcoin ETF Demand and $100K BTC Price Predictions 

• Bitcoin Depot's Revenues Remain Steady Amid Turbulent Crypto Market

• Bitcoin ETFs Expected To Boost Demand For BTC Spot, Says Canaccord Genuity 

• United Kingdom to Reveal Enhanced Crypto Regulations by July, Promoting Innovation and Protection

• Grayscale's Bitcoin Holdings Halve in Three Months Following US Spot Bitcoin ETF Launch 

• Markets Poised for 'Significant' Correction, Warns 10x Research, Shedding Tech Stocks and Crypto amid Bearish Outlook 

• Crypto Whales Revealed: Top 5 Holders Amass $3.5B, But 35% Remains Inaccessible Due to Lost Keys 

• Matrixport Report Suggests Potential Altcoin Surge 

• Toncoin Surpasses Dogecoin To Become Eighth Largest Cryptocurrency

Market movers:

• ETH: $3096.6 (-4.70%)

• BNB: $549.6 (-5.44%)

• SOL: $137.62 (-10.49%)

• XRP: $0.4977 (-3.23%)

• DOGE: $0.15695 (-4.95%)

• ADA: $0.4725 (-3.30%)

• AVAX: $35.59 (-5.90%)

• SHIB: $0.00002177 (-7.28%)

• WBTC: $63504.3 (-4.78%)

• TRX: $0.11162 (-2.89%)

Top gainers on Binance:

• JUV/USDT (+18%)

• BETA/USDT (+15%)

• SANTOS/USDT (+10%)