Binance Market Overview (October 2, 2024)
The global cryptocurrency market cap currently stands at $2.16 trillion, reflecting a 4.57% dip in the last 24 hours, based on data from CoinMarketCap. Bitcoin (BTC) fluctuated between $60,164 and $64,056 during the day, and as of 09:30 AM (UTC), it is valued at $61,532, marking a 3.94% decline.
Major cryptocurrencies are mostly in the red, with notable exceptions like W, DEGO, and DIA, which have surged by 19%, 18%, and 12%, respectively. Leading news includes Bitcoin's extended outperformance in 2024, its most significant drop in over a month, and Japan's review of cryptocurrency regulations for potential ETFs. Additionally, the global markets were shaken after Iran launched 200 missiles at Israel, leading to a sharp decline in digital assets. Other headlines include Bitwise filing for an XRP ETF, Hashdex revising its application for the Nasdaq Crypto Index ETF, and CME Group introducing Bitcoin Friday Futures with record-breaking volume.
In terms of market activity, top tokens like Ethereum (ETH) are down 6.63% at $2,467.3, Binance Coin (BNB) fell 4.77% to $552.9, and Solana (SOL) slipped 6.28% to $147.14. Other notable declines include XRP (-5.58%), DOGE (-9.34%), ADA (-7.67%), and SHIB (-9.92%).
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