Binance Market Update (2024-05-15)

The global cryptocurrency market cap now stands at $2.27T, down by -1.89% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $61,143 and $62,300 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,042, up by 0.25%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include KP3R, FLOKI, and CYBER, up by 16%, 13%, and 8%, respectively.

Top stories of the day:

• 10x Research Predicts Major Market Rally; Emphasizes the Need for Timely Decision-Making and Strategic Planning 

• Major Banks Collaborate With European Central Bank On Tokenization Project 

• Prominent Analyst Predicts Bitcoin Price to Reach $95K in Unspecified Time Frame 

• Fed's Powell Deems April's PPI Data a Mixed Situation, Doesn't Foresee Overheating

• US SEC Likely to Reject Several Ethereum ETF Applications 

• Japanese Firm Metaplanet Adopts Bitcoin As Reserve Asset Amid Economic Pressures

• US Pension Funds Likely To Invest In Bitcoin, Predicts MicroStrategy Co-Founder

• ECB Governing Council Anticipates Interest Rate Cuts Starting in June

• MicroStrategy, Holding 214,400 Bitcoins, Now Included in MSCI World Stock Index 

• Digital Assets Investments Record First Inflow in Five Weeks

Market movers:

• ETH: $2897.72 (-0.52%)

• BNB: $566.5 (-3.59%)

• SOL: $143.46 (-2.18%)

• XRP: $0.4991 (-1.83%)

• DOGE: $0.14821 (-1.41%)

• ADA: $0.4314 (-1.12%)

• SHIB: $0.00002366 (-0.84%)

• AVAX: $32.49 (-1.34%)

• TRX: $0.12568 (+0.58%)

• WBTC: $62012.14 (+0.25%)

Top gainers on Binance:

• KP3R/USDT (+16%)

• FLOKI/USDT (+13%)

• CYBER/USDT (+8%)