Binance Market Update (2024-03-17)

The global cryptocurrency market cap now stands at $2.64T, up by 3.91% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $64,533 and $69,155 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,616, down by -3.61%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include BOME, FRONT, and REI, up by 166%, 34%, and 22%, respectively.

Top stories of the day:

• Bitcoin Traders Consider $60K BTC Price Support Amid Significant Futures Gap 

• Starbucks to Terminate NFT Rewards Program for New Initiatives  

• Solana Chain DEX Transaction Volume Reaches Record High

• Pro-XRP Attorney John Deaton Launches Senate Campaign, Sets $1M Fundraising Goal

• AI Concept Tokens Experience Significant Gains

• Mechanism Capital Co-Founder Acquires Original Pepe NFT Through Sotheby's Auction 

• DAO Maker Expands to Solana Network and Adds $2 Million SOL Liquidity Pool on Raydium 

• Court Documents Reveal Sam Bankman-Fried's Image Restoration Plans Following FTX Bankruptcy

• Circle Issues 3.5 Billion USDC and Redeems 2.2 Billion USDC in a Week 

• Fake Account Impersonating Solana KOL Ansem Phishes Over $2.6 Million

Market movers:

• ETH: $3565.8 (-4.32%)

• BNB: $573.7 (-6.70%)

• SOL: $186.23 (-3.54%)

• XRP: $0.614 (-4.00%)

• ADA: $0.6736 (-7.55%)

• DOGE: $0.14873 (-8.20%)

• AVAX: $55.4 (-8.34%)

• SHIB: $0.00002628 (-9.88%)

• DOT: $9.81 (-6.65%)

• TRX: $0.12514 (-1.69%)

Top gainers on Binance:

• BOME/USDT (+166%)

• FRONT/USDT (+34%)

• REI/USDT (+22%)