Binance Market Update (2024-12-19)

The global cryptocurrency market cap now stands at $3.65T, down by -2.68% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $98,802 and $105,350 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $101,626, down by -2.56%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include USUAL, VELODROME, and ZEN, up by 46%, 11%, and 7%, respectively.

Top stories of the day:

• Binance Highlights Compliance Efforts at ACFE Hong Kong Anniversary Conference

• Bank Of Japan Maintains Policy Rate at 0.25% for Third Consecutive Time

• SEC Commissioner Caroline Crenshaw's Reappointment Vote Canceled

• Fed's Dovish Stance Expected to Weaken in 2025, Impacting Crypto Market

• Federal Reserve Officials Express Concerns Over Core PCE Inflation Risks

• El Salvador Adjusts Bitcoin Policies Amid IMF Loan Agreement

• Gold and Bitcoin Positions May Increase Amid Short-Term Stability

• Hong Kong Monetary Authority Lowers Benchmark Rate Following Federal Reserve's Decision

• Federal Reserve Lowers Interest Rates Amid Economic Growth

• QCP Capital: Bitcoin Spot Remains Bullish, But Options Market Signals Risk Aversion

• Binance Global User Survey: 45% Entered Crypto in 2024, AI Tokens Expected to Lead 2025

• Binance Alpha Reveals First Batch of Projects: KOMA, Cheems, APX, ai16z, and AIXBT

Market movers:

• ETH: $3674.83 (-5.01%)

• XRP: $2.3657 (-6.60%)

• BNB: $697.75 (-2.47%)

• SOL: $208.73 (-3.78%)

• DOGE: $0.35992 (-6.91%)

• ADA: $0.9698 (-6.13%)

• TRX: $0.2634 (-3.66%)

• AVAX: $42.37 (-9.29%)

• LINK: $24.71 (-9.75%)

• SHIB: $0.00002406 (-7.03%)

Top gainers on Binance:

• USUAL/USDT (+46%)

• VELODROME/USDT (+11%)

• ZEN/USDT (+7%)