Binance Market Update (2024-

02-05

The global cryptocurrency market cap now stands at $1.64T, down by -0.61% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $42,222 and $43,195 over the past 24 hours.

As of 09:30 AM (UTC) today, BTC is trading at $42,995, up by 0.20%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include POND, WRX, and NMR, up by 20%, 20%, and 11%, respectively.

Top stories of the day:

• Binance CEO Richard Teng: Since the Birth of Cryptocurrency, Holders have Benef from "Faith" and "Patience" • Asset Managers Including BlackRock and Fidelity Advertise on Google Following-New Crypto Rules

• Bitcoin On-Chain Monthly Transaction

Volume Reaches $1.21 Trillion in January_

2024

• JPMorgan Cautions Against Tether's

Dominance, Suggests Potential Gain for USD Coin

• Bitcoin Trades Above $43K Indicating 'Buy_ The Dip' Trend; Chainlink Gains Momentum

• Ripple Gears Up for US Payment Solutions

Rollout Despite Regulatory Hurdles

• Farcaster's Daily Active Users and Revenue Reach Record Highs

• Former Terraform Labs CFO Han Chang

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Joon Extradited To South Korea South Korean FSS Chief to Discuss Crypto Industry with US SEC Chairman

• El Salvador President Nayib Bukele Set for Another Term Amid Bitcoin-Friendly_

Policies

Market movers:

• ETH: $2320.08 (+1.00%)

• BNB: $304.6 (+1.33%)

• SOL: $97.24 (+0.24%)

• XRP: $0.5034 (-1.89%)

• ADA: $0.5006 (-1.05%)

• AVAX: $35.38 (-0.95%)

DOGE: $0.07889 (+0.27%)

TRX: $0.11903 (+1.56%)

• DOT: $6.901 (+2.07%)

Top gainers on Binance:

• POND/USDI (+20%)

• WRX/USDT (+20%)

• NMR/USDT (+11%)• LINK: $18.764 (+5.10%)$BTC $ETH $BNB