Binance Market Update (2024-06-29)

The global cryptocurrency market cap now stands at $2.34T, up by 3.11% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $60,063 and $61,875 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $60,920, down by -0.82%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include REI, NTRN, and WIN, up by 22%, 17%, and 12%, respectively.

Top stories of the day:

• U.S. PCE Inflation Hits 2.6% in May, Signaling Easing Inflationary Pressure

• SEC Returns S-1 Form To Potential Ethereum ETF Issuer

• Q2 Market Report: Bitcoin Fees Rise, Ethereum Fees Fall, and L2 Transactions Quadruple

• US Stock Market Poised For Sharp Decline, Warns Citigroup Strategist

• US Treasury Department Announces Cryptocurrency Tax System for 2025 

• Approval of Ethereum Spot ETF Expected to Be Delayed Until After Holidays

• US Securities and Exchange Commission Files Lawsuit Against Consensys, Developer of MetaMask Wallet

• 21Shares Submits S-1 Document For Solana ETF

• X Payments Receives Money Transmitter License in 31 US States

• US Dollar Index Dips Following May PCE Data Release

Market movers:

• ETH: $3391.58 (-1.29%)

• BNB: $571.4 (-0.75%)

• SOL: $141.98 (-2.17%)

• XRP: $0.4758 (-0.19%)

• DOGE: $0.1237 (-1.72%)

• ADA: $0.3947 (+2.33%)

• AVAX: $28.24 (+0.25%)

• TRX: $0.12502 (+2.08%)

• SHIB: $0.0000171 (-0.98%)

• WBTC: $61037.22 (-0.79%)

Top gainers on Binance:

• REI/USDT (+22%)

• NTRN/USDT (+17%)

• WIN/USDT (+12%)