Binance Market Update (2024-06-12)

The global cryptocurrency market cap now stands at $2.64T, up by 7.61% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $66,051 and $67,625 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,425, up by 0.07%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include IO, SYN, and ONG, up by 6582%, 26%, and 10%, respectively.

Top stories of the day:

• Dubai International Financial Centre Eyes Collaboration With Hong Kong In Fintech

• Elon Musk Accused Of Misusing Tesla Resources In Social Media Platform Acquisition

• Brazil's Largest Bank Itau Unibanco Opens Cryptocurrency Trading Services To All Users

• Cathie Wood And Ark Invest To Update Tesla's Target Stock Price For 2029

• Federal Reserve Expected To Maintain Interest Rates

• Cboe VP Believes Crypto ETFs Beyond Bitcoin and Ethereum Unlikely Until Market Changes

• Ethereum Spot ETF S-1 File Expected to Receive Approval by June

• US Bitcoin Spot ETF Records $200 Million Net Outflow

• Spain's Second Largest Bank BBVA's Turkish Subsidiary Begins Offering Cryptocurrency Custody Services

• Bitcoin's Correlation With US Stock Market Reaches 18-Month High

Market movers:

• ETH: $3518.03 (-0.21%)

• BNB: $615.1 (+1.08%)

• SOL: $151.42 (-1.04%)

• XRP: $0.4808 (-1.11%)

• DOGE: $0.13994 (-0.86%)

• ADA: $0.4255 (-0.91%)

• SHIB: $0.00002206 (-0.54%)

• AVAX: $32.13 (+0.78%)

• WBTC: $67475.58 (+0.30%)

• TRX: $0.11722 (+0.06%)

Top gainers on Binance:

• IO/USDT (+6582%)

• SYN/USDT (+26%)

• ONG/USDT (+10%)