Binance Market Update (2024-07-12)
The global cryptocurrency market cap now stands at $2.07T, down by -1.81% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $56,542 and $59,650 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $57,178, down by -1.95%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PDA, MDX, and 1000SATS, up by 31%, 25%, and 10%, respectively.Top stories of the day:Industry Expert: Expect More Solana ETF Applications After Ethereum ETF ApprovalUS Federal Reserve's Daly Suggests Early Monetary Policy RelaxationTech Giants Experience Significant Drop After US CPI Data ReleaseCoingecko Co-Founder Reports DNS Attack Affecting Squarespace Domain UsersMorgan Stanley Anticipates Federal Reserve Rate Cut in SeptemberPotential Ethereum ETF Issuers Await SEC FeedbackSEC Drops Investigation Into PAXOS, Declares BUSD Not a SecurityDaily Market Update: CoinDesk 20 Index Closes HigherUS Initial Unemployment Claims Drop to 222,000Decline in Crypto Speculation Index Points to Bitcoin Bull Market ResetMarket movers:ETH: $3072.39 (-1.77%)BNB: $522.2 (-1.34%)SOL: $135.53 (-4.94%)XRP: $0.468 (+4.96%)DOGE: $0.10619 (-2.88%)ADA: $0.4008 (+2.11%)TRX: $0.13592 (+1.37%)AVAX: $25.19 (-1.95%)SHIB: $0.00001606 (-3.19%)WBTC: $57225.13 (-1.98%)Top gainers on Binance:PDA/USDT (+31%)MDX/USDT (+25%)1000SATS/USDT (+10%)