Binance Market Update: Top Stories December 20, 2024
According to CoinMarketCap data, the global crypto market cap is $3.23T, an 8.44% decrease over the last day.Bitcoin (BTC) traded between $95,007 and $102,800 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $95,159, down by 6.36%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include STRAX, ZEN, and CTXC, up by 30%, 14%, and 6%, respectively.Top stories of the day:Bitcoin Dominance Declines as Select Altcoins Gain TractionEl Salvador Increases Strategic Bitcoin Reserves With $1 Million PurchaseGrayscale Opens Sui Trust to Accredited InvestorsIMF: Trump’s Strategic Bitcoin Reserve Plan Awaits Full Evaluation Upon ImplementationBitcoin and Ethereum ETFs Expected to Lead U.S. Crypto Fund Launches in 2025Franklin Templeton Files for Bitcoin and Ethereum Crypto Index ETFTrump Advocates for Abolishing Debt CeilingBitcoin ETFs Surpass Gold in Assets Under ManagementBitcoin Mining Profitability Expected to Continue in DecemberIMF Urges Federal Reserve to Adjust Rate Cuts Based on Economic DataMarket movers:ETH: $3289.45 (-10.49%)XRP: $2.1861 (-7.58%)BNB: $643.74 (-7.74%)SOL: $182.86 (-12.39%)DOGE: $0.29488 (-18.06%)ADA: $0.8278 (-14.62%)TRX: $0.2395 (-9.11%)AVAX: $36.45 (-13.97%)LINK: $21.49 (-13.03%)WBTC: $94921.01 (-6.36%)