Binance Market Update (2023-12-07)

The global cryptocurrency market cap now stands at $1.60T, up by 4.12% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $42,821 and $44,297 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $43,014, down by -1.74%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BTTC, AMP, and ORN, up by 39%, 32%, and 18%, respectively.

Top stories of the day:

• Teng Echoes Dr. Gwizdalki's Analysis: Cryptocurrency's $20bn Illicit Activity is a Fraction of Traditional Fiat’s $3.2tn  

• Hong Kong SFC Reports Q3 Loss and Increases Efforts in Virtual Asset Education 

• Bitcoin Network Experiences 90-Minute Block Delay and Increased Transaction Fees 

• India Unlikely to Introduce Cryptocurrency Legislation Until Mid-2025

• Russian Cross-Border Payment Platform Exved Launches, Facilitating International Settlements with USDT 

• First Digital USD Stablecoin Market Cap Surpasses $1 Billion

• PeckShield Warns of Exploits Targeting Thirdweb Contract Vulnerabilities

• Elon Musk Announces Grok AI Model Availability for 𝕏 Premium+ Subscribers 

• Female Investors Outperform Male Counterparts in Sweden's Equities Market 

• Cryptocurrency Market Experiences Rollercoaster Performance

Market movers:

• ETH: $2229.9 (-2.13%)

• BNB: $229.5 (-1.92%)

• XRP: $0.6279 (-0.62%)

• SOL: $62.09 (-4.62%)

• ADA: $0.4343 (+1.57%)

• DOGE: $0.09404 (-9.00%)

• AVAX: $26.19 (+0.15%)

• TRX: $0.10317 (-0.06%)

• LINK: $15.219 (-3.57%)

• MATIC: $0.8138 (-1.77%)

Top gainers on Binance:

• BTTC/USDT (+39%)

• AMP/USDT (+32%)

• ORN/USDT (+18%)