The global cryptocurrency market cap now stands at $1.71T, up by 3.50% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $35,990 and $38,250 over the past 24 hours. As of 1:00 pm (UTC) today, BTC is trading at $37,789, up by 3.38%.

Most major cryptocurrencies by market cap are trading higher as the market recovers. Outperformers included FRONT, WAVES, and REN, up by 64%, 34%, and 20%, respectively.

Top stories of the day:

• ARK Invest: Why BTC could be worth $1M per coin by 2030
• Bitcoin whales take advantage of market, gobble up millions in BTC
• Ethereum Foundation rebrands ETH 2.0 to Consensus Layer
• YouTube's head of Gaming joins Polygon Studios as new CEO

Market movers:

• ETH: 2,536.64 (+4.04%)
• BNB: $387.7 (+4.11%)
• SOL: $96.53 (+4.56%)
• XRP: $0.6248 (+3.31%)
• ADA: $1.093 (+5.92%)
• LUNA: $63.66 (-2.48%)
• AVAX: $68.48 (+6.42%)
• DOT: $18.64 (+2.70%)
• DOGE: $0.1479 (+5.64%)
• SHIB: $0.00002170 (+2.94%)

Top gainers on Binance:

• FRONT/BUSD (+64%)
• WAVES/BUSD (+34%)
• REN/BUSD (+20%)