The global crypto market cap is $2.04T, a 2.26% increase over the last day, according to CoinMarketCap data.

Bitcoin (BTC) traded between $55,545 and $58,470 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $58,184, up by 2.89%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include LOKA, SUI, and PENDLE, up by 20%, 16%, and 15%, respectively.

Top stories of the day:

Goldman Sachs Predicts Consecutive Rate Cuts by Bank of England Starting November  

UAE Financial Authorities Announce Agreement on Virtual Asset Supervision

El Salvador Continues Daily Bitcoin Purchases for 665 Days 

Fed Rate Cut Expectations Rise Amid Stable Market Conditions 

U.S. August CPI Falls to Lowest Level Since February 2021

Nvidia's Market Value Sees Significant Growth 

Bank Of Japan Official Advocates Gradual Interest Rate Hikes 

CPI Data Release Impacts Dollar Index and Bitcoin Prices

U.S. Stock Market Sees Significant Decline As S&P 500 Drops 1% 

Citibank Predicts Federal Reserve Rate Cuts in September, November, and December

Market movers:

ETH: $2358.63 (+1.06%)

BNB: $543.9 (+6.27%)

SOL: $134.82 (+2.57%)

XRP: $0.5372 (+0.81%)

DOGE: $0.10226 (+1.61%)

TON: $5.383 (+2.49%)

TRX: $0.1542 (+1.18%)

ADA: $0.3599 (+7.14%)

AVAX: $23.67 (+0.64%)

WBTC: $58123.49 (+2.90%)

Top gainers on Binance:

LOKA/USDT (+20%)

SUI/USDT (+16%)

PENDLE/USDT (+15%)