The global cryptocurrency market cap now stands at $2.07T, down by -1.81% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $56,542 and $59,650 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $57,178, down by -1.95%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PDA, MDX, and 1000SATS, up by 31%, 25%, and 10%, respectively.

Top stories of the day:

Industry Expert: Expect More Solana ETF Applications After Ethereum ETF Approval

US Federal Reserve's Daly Suggests Early Monetary Policy Relaxation

Tech Giants Experience Significant Drop After US CPI Data Release

Coingecko Co-Founder Reports DNS Attack Affecting Squarespace Domain Users

Morgan Stanley Anticipates Federal Reserve Rate Cut in September

Potential Ethereum ETF Issuers Await SEC Feedback

SEC Drops Investigation Into PAXOS, Declares BUSD Not a Security

Daily Market Update: CoinDesk 20 Index Closes Higher

US Initial Unemployment Claims Drop to 222,000

Decline in Crypto Speculation Index Points to Bitcoin Bull Market Reset

Market movers:

ETH: $3072.39 (-1.77%)

BNB: $522.2 (-1.34%)

SOL: $135.53 (-4.94%)

XRP: $0.468 (+4.96%)

DOGE: $0.10619 (-2.88%)

ADA: $0.4008 (+2.11%)

TRX: $0.13592 (+1.37%)

AVAX: $25.19 (-1.95%)

SHIB: $0.00001606 (-3.19%)

WBTC: $57225.13 (-1.98%)

Top gainers on Binance:

PDA/USDT (+31%)

MDX/USDT (+25%)

1000SATS/USDT (+10%)