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Binance Market Update (2022-05-05)
Binance
2022-05-05 16:00
The global cryptocurrency market cap now stands at $1.68T, down by -3.96% over the last day, according to CoinMarketCap data.
Bitcoin (BTC) has been trading between $36,600 and $40,041 over the past 24 hours. As of 04:00 PM (UTC) today, BTC is trading at $36,837, down by -5.51%.
Most major cryptocurrencies by market cap are trading lower. Market outperformers include GAL, MULTI, and ANC, up by 854%, 14%, and 7%, respectively.
Top stories of the day:
- Binance plans to invest $500 million alongside Elon Musk in Twitter buyoutBinance plans to invest $500 million to Twitter as an equity investor alongside Elon Musk in his buyout of the social media service, it announced on Thursday.
- Dubai Regulator to Open Offices in The Sandbox MetaverseThe Dubai Virtual Assets Regulatory Authority (VARA) announced the purchase of a piece of land in The Sandbox metaverse.
- Gucci to Accept Crypto in Some US Retail Stores: Report
- Yuga Labs Refunds Gas Fees for Failed ‘Otherdeed’ TransactionsYuga Labs has returned the gas fees of everyone who failed to mint an “Otherdeed” non-fungible token (NFT) April 30.
- Data: Yuga Labs breaks Ethereum, Gas Fees Set New ATH
Market movers:
- ETH: $2737.84 (-3.80%)
- BNB: $380.6 (-3.45%)
- XRP: $0.5996 (-2.27%)
- SOL: $84.78 (-2.82%)
- LUNA: $79.6 (-4.96%)
- ADA: $0.7876 (-5.04%)
- DOGE: $0.1271 (-2.98%)
- AVAX: $58.24 (-4.08%)
- DOT: $14.47 (-4.30%)
- SHIB: $0.00001999 (-2.82%)
Top gainers on Binance:
- GAL/BUSD (+854%)
- MULTI/BUSD (+14%)
- ANC/BUSD (+7%)

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