Binance Market Update (2023-08-29)

The global cryptocurrency market cap now stands at $1.04T, down by -0.62% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $25,909 and $26,254 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $25,977, up by 0.04%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AKRO, SYS, and OAX, up by 29%, 25%, and 15%, respectively.

Top stories of the day:

• Binance FZE's Executive Director: Binance is committed to collaborating with regulators and policymakers in the MENA region to ensure secure operations and practices 

• U.S. Government Believed to Control 5th Largest Bitcoin Wallet Linked to Bitfinex Hack  

• Digital Currency Group Reaches Preliminary Agreement with Genesis Creditors

• DOJ Files Motion to Ban Expert Witnesses for Sam Bankman Fried

•  Bitcoin's Long-Term Holders Show Continued Accumulation Amid Market Lull 

• Dogecoin Experiences 10% Decline in 2023; European Trading Hours Contribute

• SEC Charges Impact Theory with Unregistered Securities Offering in NFT Format

• US House of Representatives Committee Members Express Opposition to Fed's Stablecoin Regulatory Letter

• Mantle Network Proposes $238 Million Liquidity Support for Ecosystem Development

Market movers:

• ETH: $1647.31 (+0.64%)

• BNB: $217.9 (+0.65%)

• XRP: $0.516 (+0.62%)

• ADA: $0.2625 (+1.20%)

• DOGE: $0.06293 (+0.90%)

• SOL: $20.31 (+0.49%)

• TRX: $0.07599 (-1.25%)

• DOT: $4.566 (+2.61%)

• MATIC: $0.557 (+1.00%)

• LTC: $65.06 (+1.06%)

Top gainers on Binance:

• AKRO/BUSD (+29%)

• SYS/BUSD (+25%)

• OAX/BUSD (+15%)