Binance Market Update (2024-05-20)

The global cryptocurrency market cap now stands at $2.43T, down by -0.36% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $65,857 and $67,700 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,940, down by -0.07%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CREAM, FARM, and OOKI, up by 36%, 16%, and 11%, respectively.

Top stories of the day:

• MicroStrategy's Chairman Encourages Betting On Bitcoin Amidst Price Pause

• ETFs Acquire Thrice the New BTC Supply: Key Takeaways in Bitcoin Market This Week

• Genesis To Reimburse Customers In Bitcoin And Ethereum Claims

• Federal Reserve Meeting and Nvidia Earnings Report to Influence Markets

• Five On-Chain Indicators Suggest Cryptocurrency Bull Market Is Just Beginning

• 10x Research: Bitcoin Could Break New Records If It Surpasses $67,500

• Silver Surpasses Bitcoin To Become The Eighth Largest Asset By Market Cap

• Ten U.S. Bitcoin Spot ETFs Amass Over $36 Billion in BTC Since Listing

• SEC Set to Decide on Ethereum Spot ETF This Week

• Federal Reserve's Balance Sheet Contracts to $7.3 Trillion

Market movers:

• ETH: $3106.26 (+0.18%)

• BNB: $576.3 (-0.45%)

• SOL: $177.58 (+3.12%)

• XRP: $0.5138 (-1.02%)

• DOGE: $0.15143 (-0.60%)

• ADA: $0.468 (-1.41%)

• SHIB: $0.00002391 (-2.61%)

• AVAX: $36.19 (-1.09%)

• TRX: $0.12144 (-0.52%)

• WBTC: $66991.45 (+0.01%)

Top gainers on Binance:

• CREAM/USDT (+36%)

• FARM/USDT (+16%)

• OOKI/USDT (+11%)