Binance Market Update (2024-03-20)

The global cryptocurrency market cap now stands at $2.38T, down by -7.54% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $60,775 and $65,756 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $63,090, down by -0.83%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include DATA, SKL, and AMP, up by 23%, 22%, and 17%, respectively.

Top stories of the day:

• Binance CEO, Richard Teng, Meets Thai Prime Minister to Discuss Digital Asset Market Evolution 

• 10x Research: Bitcoin Price May Fall Below $60,000 Before Rebounding

• Over $533 Million in Crypto Long-Term Contracts Liquidated as BTC Falls Below $63,000 

• Bitcoin Price Correction Accelerates as Spot ETFs Witness Outflows

• FCA's Stance on Bitcoin-Backed Securities: A Nuanced View 

• Ripple vs SEC Trial Nears as Joint Letter Filed for Trial Preparations 

• Solana-Based Decentralized Exchanges Surpass Ethereum in Trading Volume 

• CP Group and Gulf Energy Compete for Thailand's New Virtual Banking License 

• Bitcoin Miners' Reserves Hit Low Since April 2021 Amid Lagging Active Addresses 

• Argentinians Turn to Bitcoin Amid High Inflation Rate

Market movers:

• ETH: $3227.17 (-1.17%)

• BNB: $528.4 (+3.55%)

• SOL: $171.88 (-2.87%)

• XRP: $0.5938 (+1.37%)

• ADA: $0.6053 (-0.51%)

• AVAX: $53.17 (-6.18%)

• DOGE: $0.13388 (+4.13%)

• SHIB: $0.00002533 (+1.16%)

• DOT: $9.12 (+2.04%)

• TRX: $0.11561 (-3.63%)

Top gainers on Binance:

• DATA/USDT (+23%)

• SKL/USDT (+22%)

• AMP/USDT (+17%)