Binance Market Update (2024-05-10)

The global cryptocurrency market cap now stands at $2.26T, down by -1.08% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $60,630 and $63,429 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,928, up by 3.03%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ASR, GMX, and XVG, up by 38%, 23%, and 21%, respectively.

Top stories of the day:

• Binance CEO Richard Teng: We Always Put Users' Intertest First and Take Our Responsibilities on Compliance Seriously

• Four Hardforks on opBNB Testnet Announced: Gas Costs to be Reduced by 10x

• Trading Volume of Bitcoin and Ethereum Spot ETFs Hits HK$11.28 Million in Hong Kong

• US Unemployment Claims Reach New Record High of 231,000 Surpassing Expectations

• Altcoins Expected to Hit Bottom in Early Summer, Paving Way for Bull Run - Crypto Analyst

• Render's Octane Mention by Apple Triggers 11% Surge in RNDR Value

• Twitter Co-Founder Predicts Bitcoin Value Could Reach $1 Million By 2030

• US Bank and Edmond De Rothschild Holding SA Disclose Bitcoin ETF Investments

• Bitcoin Price Indications Suggest a Potential 'BLOW Higher' - Glassnode Founders' Analysis

• Digital Currency Group’s Q1 Revenue Soars by 51% Amid Crypto Market Recovery

Market movers:

• ETH: $3029.2 (+1.71%)

• BNB: $593.1 (-0.82%)

• SOL: $153.85 (+7.47%)

• XRP: $0.5163 (+0.08%)

• DOGE: $0.15097 (+4.01%)

• ADA: $0.4634 (+2.05%)

• SHIB: $0.00002334 (+3.32%)

• AVAX: $35.69 (+4.66%)

• TRX: $0.12488 (+0.35%)

• DOT: $7.086 (+2.92%)

Top gainers on Binance:

• ASR/USDT (+38%)

• GMX/USDT (+23%)

• XVG/USDT (+21%)