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Binance Market Update (2022-02-25)
Binance
2022-02-25 08:57
The global cryptocurrency market cap now stands at $1.71T, up by 8.8% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $34,800 and $39,758 over the past 24 hours. As of 09:08 am (UTC) today, BTC is trading at $38,367, up by 8.67% on the day.
Most major cryptocurrencies by market cap are trading lower on the day. Market outperformers include JASMY, ACA, and VOXEL, up by 37%, 35%, and 32%, respectively.
Top stories of the day:
- Block tops Q4 estimates, posts nearly $2B in Bitcoin transactions
Fintech and digital payments giant Block, formerly known as Square, reported better-than-expected 2021 fourth quarter results after the market closed on Thursday. - Ethereum gets an upgraded scaling testnet – and it's actually years ahead of schedule
zkSync, a protocol responsible for implementing Ethereum scaling platforms, announced the test network release of an Ethereum Virtual Machine compatible Zero-Knowledge rollup (zkEVM) years ahead of schedule. - Mexican senator plans to propose Bitcoin legal tender bill
Mexico could soon follow El Salvador's footsteps in legalizing Bitcoin as legal tender if a proposed bill passes the Senate.
Market movers:
- ETH: 2,599.94 (+8.28%)
- BNB: $360.16 (+6.47%)
- SOL: $87.65 (+5.13%)
- XRP: $0.6893 (+7.14%)
- ADA: $0.836 (+7.41%)
- LUNA: $65.80 (+23.08%)
- AVAX: $73.47 (+7.08%)
- DOT: $15.38 (+10.52%)
- DOGE: $0.1211 (+6.30%)
- SHIB: $0.00002339 (+5.90%)
Top gainers on Binance:
- JASMY/BUSD (+37%)
- ACA/BUSD (+35%)
- VOXEL/BUSD (+32%)
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