Binance Market Update: Top Stories December 16, 2024
According to CoinMarketCap data, the global crypto market cap is $3.65T, a 0.20% increase over the last day.Bitcoin (BTC) traded between $102,021 and $106,648 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,749, up by 2.67%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include COW, CETUS, and DEGO, up by 42%, 16%, and 13%, respectively.Top stories of the day:Bitcoin Surges Past $106K, Retreats Ahead of Hawkish Fed Rate CutFed Rate Cut Impact on Cryptocurrency Prices Expected to be LimitedBitcoin-to-Gold Ratio Hits Record High as BTC Surpasses $106,000Digital Asset Investment Products Achieve Record $44.5 Billion Year-to-Date InflowsQCP Capital: Bitcoin’s Surge Driven by Market Sentiment, Fed Meeting Impact MinimalNomura Predicts Stronger Dollar in 2025 Amid Economic ChallengesMicroStrategy Hints at Potential Bitcoin Purchase over $100,000Trump's Potential Bitcoin Reserve Plan UnveiledThird U.S. State to Launch Strategic Bitcoin Reserve LegislationWeekly Token Unlocks: ARB, APE, QAI, and More Set for Major ReleasesMarket movers:ETH: $3949.8 (+2.50%)XRP: $2.3961 (-0.38%)SOL: $219.38 (+0.32%)BNB: $710.28 (+0.08%)DOGE: $0.40127 (+0.73%)ADA: $1.0756 (+0.43%)TRX: $0.2814 (+0.50%)AVAX: $49.14 (-0.45%)LINK: $29.51 (+2.75%)TON: $6.324 (+1.85%)