Binance Market Update (2024-04-08)

The global cryptocurrency market cap now stands at $2.59T, up by 1.70% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $68,850 and $72,650 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $72,390, up by 4.37%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include FARM, CREAM, and SFP, up by 73%, 28%, and 26%, respectively.

Top stories of the day:

• Binance Research Reveals Major Crypto Trends in April 2024: BTC Breaches New Highs and DeFi Market Continues Rising 

• Ethereum Sees Decline in Investment Product Inflows for Fourth Consecutive Week Amid Solana's Positive Trends 

• Crypto Startups Witness Surge in Venture Capital Investment 

• Bitcoin's Pre-Halving Moment of Truth: $80K Essential for Mining Profitability & Key Insights for the Week Ahead 

• Paxos Reports a 39% Drop in PayPal Stablecoin Circulation in March 

• DYdX Chain Undergoing Debugging Following Interruption Issues 

• ParaSwap DAO Votes to Use Treasury Funds to Compensate Hack Victims 

• 10x Research Adopts Cautious Stance Amid Unpredictable Market Returns 

• Solana-Based NFT Market Tensorians Sees Significant Price Surge 

• Cryptocurrency Market Value Expected To Double, Predicts Ripple CEO

Market movers:

• ETH: $3617 (+6.79%)

• BNB: $593.7 (+0.92%)

• SOL: $184.28 (+2.53%)

• XRP: $0.6076 (+1.74%)

• DOGE: $0.20717 (+6.79%)

• ADA: $0.6114 (+3.54%)

• AVAX: $50.23 (+3.78%)

• SHIB: $0.0000293 (+4.09%)

• BCH: $696.5 (+2.52%)

• DOT: $8.937 (+3.81%)

Top gainers on Binance:

• FARM/USDT (+73%)

• CREAM/USDT (+28%)

• SFP/USDT (+26%)