Binance Market Update (2023-10-09)

The global cryptocurrency market cap now stands at $1.09T, down by -0.41% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $27,688 and $28,000 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $27,755, down by -0.55%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BNT, LQTY, and REI, up by 24%, 21%, and 15%, respectively.

Top stories of the day:

• Binance Futures Launches Copy Trading: A New Avenue for Capitalizing on Cryptocurrency Trading Expertise 

• FTX CEO, Sam Bankman-Fried, Faces Serious Fraud Allegations; Ex-CEO of Alameda Research to Testify 

• Ethereum Falls Below 1600 USDT With A Daily Decline Of About 3% 

• Matrixport Report: Bitcoin Outperforms Gold as a Store of Value 

• CoinShares Report: Digital Asset Fund Records $78M Inflows In A Week; Solana Sees Highest Inflows Since March 

• zkFlexFinance Accused of $56k Exit Scam, Drops 100% in Value

Market movers:

• ETH: $1615.85 (-0.67%)

• BNB: $210.6 (-0.33%)

• XRP: $0.5093 (-2.28%)

• SOL: $22.87 (-2.47%)

• ADA: $0.2558 (-0.16%)

• DOGE: $0.06009 (-1.86%)

• TRX: $0.08788 (+0.15%)

• MATIC: $0.5508 (-1.96%)

• DOT: $3.935 (-2.31%)

• LTC: $64.4 (-1.65%)

Top gainers on Binance:

• BNT/BUSD (+24%)

• LQTY/BUSD (+21%)

• REI/BUSD (+15%)