The global crypto market cap is $2.05T, a 4.78% decrease over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $57,642 and $61,515 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $58,293, down by -5.12%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include RARE, ALPINE, and CRV, up by 24%, 9%, and 9%, respectively.

Top stories of the day:

BitGo CEO Addresses Concerns Over WBTC Security Amid Justin Sun's Involvement

Bitcoin Nears $58K as Crypto Market Faces Selloff Ahead of Key Economic Data

Ether ETFs See First Positive Weekly Inflows Since Launch, Totaling $105 Million

Crypto Startup Funding Reaches $2.7B in Q2, Despite Decline in Total Deals

Canto Blockchain Faces 33-Hour Outage Due to Consensus Issue, Fix Planned for August 12

Matrixport Report: Bitcoin Rebounds After Last Week's Plunge

BOJ Expected To Delay Further Rate Hikes Until Next Year

Polish Central Bank Official Sees Potential for Rate Cuts in 2025 Amid Low Growth

Asian Shares Rise Amid Focus On Key US Economic Data

US Core CPI Expected to Slightly Decrease in July

Market movers:

ETH: $2578.58 (-4.66%)

BNB: $506.5 (-5.19%)

SOL: $144.94 (-7.92%)

XRP: $0.5736 (-2.73%)

TON: $6.273 (-5.17%)

DOGE: $0.1031 (-5.86%)

ADA: $0.3348 (-5.93%)

TRX: $0.1276 (-0.85%)

WBTC: $58273.39 (-5.12%)

AVAX: $21.03 (-5.53%)

Top gainers on Binance:

RARE/USDT (+24%)

ALPINE/USDT (+9%)

CRV/USDT (+9%)