Binance Market Update: Top Stories January 16, 2025
According to CoinMarketCap data, the global crypto market cap is $3.48T, a 3.32% increase over the last day.Bitcoin (BTC) traded between $96,521 and $100,867 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $98,947, up by 2.09%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include PHA, AIXBT, and ZEN, up by 35%, 28%, and 19%, respectively.Top stories of the day:CryptoQuant Report: Binance Emerges as the Global Favorite Crypto ExchangeXRP Rally to $3 Surpasses Bitcoin in Google Searches as New Highs LoomFed Rate Cut Probability Slightly Increases After CPI Data ReleaseCanary Funds Advances Litecoin ETF Plans with Revised ApplicationU.S. National Security Advisor Mike Waltz Comments on TikTok's Future Amid Speculation of Ban ReversalTexas Senator Proposes State-Level Bitcoin ReserveSEC Officials Plan Cryptocurrency Policy ReformsCPI Report Reveals Ongoing Inflation Challenges in U.S. EconomyU.S. Two-Year Treasury Yield Declines After Inflation Data ReleaseBitcoin Rally Gains Momentum Post-Bullish CPI Data, Eyes on Trump’s Crypto PoliciesMarket movers:ETH: $3306.87 (+2.64%)XRP: $3.0592 (+7.35%)BNB: $705.3 (+1.40%)SOL: $199.82 (+6.02%)DOGE: $0.37163 (+4.13%)ADA: $1.036 (+0.15%)TRX: $0.2346 (+4.55%)AVAX: $38.49 (+4.34%)XLM: $0.4735 (+0.00%)TON: $5.472 (+0.79%)