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According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.43T, up by 1.99% over the last 24 hours.Bitcoin (BTC) has been trading between $101,285 and $104,535 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $102,974, up by 1.08%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ALCX, GIGGLE, and RESOLV, up by 124%, 77%, and 46%, respectively.Top stories of the day:Ethereum Achieves Record Transactions Per Second with Layer 2 IntegrationCiti and DTCC Advance Tokenized Collateral Amid Regulatory ChallengesGrayscale Waives Fees for Solana Trust ETF to Boost Investor ParticipationU.S. October Services PMI Misses Forecast at 54.8, Composite Index Also EasesU.S. October PMI Data Shows Slight DeclineKazakhstan Considers Investing Reserves in CryptocurrencyFederal Reserve December Rate Cut Probability at 70.1% XRP Price Surge Yields 12% Gains Amid Wallet Growth Federal Reserve Likely to Expand Balance Sheet by Year-End, Analyst Predicts UBS: Supreme Court Ruling Could Trigger $140B Tariff Refund, Boost U.S. Spending Power and Fed FlexibilityMarket movers:ETH: $3386.84 (+2.40%)BNB: $953.57 (+0.51%)XRP: $2.3087 (+3.42%)SOL: $159.36 (+1.70%)TRX: $0.2871 (+0.14%)DOGE: $0.16317 (-0.39%)ADA: $0.5353 (+0.68%)WBTC: $102893.06 (+1.01%)WLFI: $0.1186 (+1.54%)LINK: $14.89 (+0.74%)

According to PANews, U.S. Treasury Secretary Besent has noted the positive impact of artificial intelligence on productivity. Addressing inflation concerns, Besent mentioned that many exporters have absorbed tariffs. Additionally, the employment market appears to be in a balanced state.