In 2024, Binance, the largest cryptocurrency exchange in the world, is navigating a complicated environment filled with regulatory hurdles, market dynamics, and operational adjustments. Here are some key developments and trends related to Binance in 2024:
Market Performance
- As of December 5, 2024, the global cryptocurrency market capitalization is around $3.7 trillion, with Bitcoin (BTC) trading at approximately $102,792, marking a notable increase of 6.14% over the past day. Other major cryptocurrencies are showing mixed results, with Binance Coin (BNB) trading at $733.22, which represents a decline of 5.75%.
