Binance Market Update (2024-06-08)

The global cryptocurrency market cap now stands at $2.64T, up by 4.27% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $68,420 and $71,997 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,448, down by -2.47%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include WINGWINGWING, W, and KNC, up by 11%, 9%, and 7%, respectively.

Top stories of the day:

Coindesk 20 Index Drops 1.3% With Only BTC and ADA Showing Growth

ECB Cuts Interest Rates to Aid Inflation Target Restoration

U.S. Bitcoin Spot ETF Records 19 Straight Days of Net Inflows, $132 Million Added Yesterday

Russia to Implement Digital Ruble for International Transactions by Late 2025, Says Top Financial Officialย 

Cryptocurrency Bull Market 'Reawakens' Following Interest Rate Cuts By Canadian And European Central Banks

DeFi Applications Reach New Monthly High Since February 2022

QCP Capital: Rising Unemployment and Strong Non-Farm Data Fuel Risk Aversion, Present "Buy the Dip" Opportunities

June 7 Sees 3,689 BTC Inflows to 9 ETFs, BlackRock and ARK 21Share Lead Market Movements

Strong U.S. Non-Farm Payrolls Data in May Diminishes Hopes for Federal Reserve September Rate Cutย 

New York Attorney General Files Lawsuit Against Cryptocurrency Companies Over $1 Billion Fraud

Market movers:

ETH: $3693.22 (-3.13%)

BNB: $691.7 (-1.47%)

SOL: $162.3 (-5.55%)

XRP: $0.498 (-4.83%)

DOGE: $0.14758 (-8.38%)

ADA: $0.4421 (-5.64%)

SHIB: $0.00002383 (-5.47%)

AVAX: $33.34 (-7.34%)

WBTC: $69426.45 (-2.43%)

TRX: $0.11359 (-0.64%)

Top gainers on Binance:

WING/USDT (+11%)

W/USDT (+9%)

KNC/USDT (+7%)

$BTC $ETH

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