Binance Market Update (2024-01-20)

The global cryptocurrency market cap now stands at $1.63T, down by -3.18% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $40,280 and $42,197 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $41,510, up by 0.45%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include API3, DIA, and PROS, up by 95%, 33%, and 26%, respectively.

Top stories of the day:

• ALLY Marketplace Opens with Over 1000 ETH Daily Trading Volume and $10 Million Market Cap

• Bitcoin Inscription Rats and Bit.Store Launch Ordinals Co-Branded Crypto Virtual Card 

• Solana-Based Meme Coin LFG Removes 144 Billion Tokens From Second Round Supply 

• SEC Seeks Public Opinion on Nasdaq's Proposal to Allow BlackRock Bitcoin Futures ETF Options Trading

• South Korea Reconsiders Stance on Spot Bitcoin ETF

• CFTC Sues Debiex for Allegedly Misappropriating $2.3 Million in Customer Funds 

• Cryptocurrency Liquidations Reach $159 Million in 12 Hours 

• BlackRock and Fidelity Lead in Net Inflows for Bitcoin ETFs 

• Brazil's B3 Stock Exchange to Launch Night Trading Sessions Featuring Bitcoin ETFs 

• Bitcoin Price Faces Bearish Reversal After Rejection From $48K Resistance Zone

Market movers:

• ETH: $2467.26 (-0.39%)

• BNB: $314.5 (+0.64%)

• SOL: $91.83 (-2.75%)

• XRP: $0.5464 (-0.44%)

• ADA: $0.5127 (+2.62%)

• AVAX: $32.35 (-3.55%)

• DOGE: $0.07898 (+0.91%)

• TRX: $0.11007 (+1.26%)

• LINK: $16.092 (+5.24%)

• DOT: $6.845 (-2.06%)

Top gainers on Binance:

• API3/USDT (+95%)

• DIA/USDT (+33%)

• PROS/USDT (+26%)