Binance Market Update (2024-04-29)

The global cryptocurrency market cap now stands at $2.38T, up by 2.47% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $61,923 and $63,976 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,284, down by -2.39%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include OAX, GLM, and WAVES, up by 15%, 13%, and 9%, respectively.

Top stories of the day:

• Visa's Stablecoin Metric Reveals USDC's Rising Market Share 

• Bitcoin Mining Costs Approach Shutdown Price Post-Halving 

• Circle's Stablecoin Surpasses Tether in Trading Volume, Becomes Market Leader 

• Ripple's Legal Battle With SEC Progresses To Trial Phase 

• Ethereum Network Sees Significant Inflows, According to Nansen Data 

• Cryptocurrency Market Witnesses Liquidation Worth $98.47 Million in 24 Hours 

• US Prosecutors Accuse Samourai Wallet Co-Founders of $2 Billion Illegal Transactions 

• Australia Set To Launch Bitcoin ETF Following US and Hong Kong 

• Cardano Cryptocurrency May Be Undervalued, Suggests Supply-In-Profit Metric 

• Bitcoin Surpasses Dogecoin and Cardano in Wallet Activity

Market movers:

• ETH: $3165.5 (-4.37%)

• BNB: $586.7 (-2.54%)

• SOL: $134.85 (-5.57%)

• XRP: $0.5033 (-3.45%)

• DOGE: $0.14088 (-5.63%)

• ADA: $0.4513 (-4.59%)

• SHIB: $0.00002341 (-5.72%)

• AVAX: $33.09 (-4.89%)

• TRX: $0.11866 (-1.70%)

• WBTC: $62392.3 (-2.38%)

Top gainers on Binance:

• OAX/USDT (+15%)

• GLM/USDT (+13%)

• WAVES/USDT (+9%)