Binance Market Update (2023-02-17)

The global cryptocurrency market cap now stands at $1.09T, down by -2.27% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $23,346 and $25,260 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $23,755, down by -3.48%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include COCOS, AKRO, and FIL, up by 35%, 31%, and 19%, respectively.

Top stories of the day:

• Japan Will Launch Pilot for Issuing Digital Yen in April

• Binance Releases Policy Paper on Building Trust in The Crypto Ecosystem

• Tencent Teams Up With MultiversX to Expand Web3 Strategy

• Dogecoin and Shiba Inu Soar As Elon Musk Announces New Twitter CEO

• BTC Eyes $25K for the First Time Since August As Crypto Markets Add $100B: Market Watch

• CPI shakes the market

Market movers:

• ETH: $1663.94 (-1.25%)

• BNB: $310.3 (-3.63%)

• XRP: $0.3896 (-2.53%)

• ADA: $0.3941 (-3.26%)

• MATIC: $1.433 (+4.64%)

• DOGE: $0.08656 (-2.98%)

• SOL: $22.66 (-4.59%)

• DOT: $6.68 (+1.26%)

• SHIB: $0.0000132 (-3.65%)

• LTC: $99.52 (-1.98%)

Top gainers on Binance:

• COCOS/BUSD (+35%)

• AKRO/BUSD (+31%)

• FIL/BUSD (+19%)