Binance Market Update (2024-06-17)

The global cryptocurrency market cap now stands at $2.42T, down by -1.20% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $65,940 and $66,999 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,205, down by -0.27%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CVX, BURGER, and UNFI, up by 75%, 29%, and 11%, respectively.

Top stories of the day:

• Digital Assets Experience Largest Outflow Since March 2024 Due To Hawkish Fed Stance

• UXLINK Surpasses All GameFi and DEX in Active Wallet Addresses

• Terraform Settles With SEC For $44.7 Billion, Founders Accused Of Fraudulent Trading

• Ethereum's Transaction Per Second (TPS) Hits Historic High Due To Layer3 Surge

• Tether and WAX Co-Founder Predicts Wall Street Will Push for More Crypto ETFs

• SEC Rejects Ripple Labs' Plea To Lower Fines, Insists On Nearly $2 Billion Penalty

• Fed's Kashkari Predicts Rate Cut by Year-End

• BlackRock Executive: Bitcoin ETF is a Bridge Between Cryptocurrency and Traditional Finance 

• El Salvador Government Proposes Reform of Banking Law to Introduce New Banks Offering Bitcoin Services 

• Blast L2 Network and USDB Stablecoin Supply Doubles in 90 Days

Market movers:

• ETH: $3547 (-0.25%)

• BNB: $602.8 (-0.43%)

• SOL: $146.76 (+1.58%)

• XRP: $0.5022 (+2.26%)

• DOGE: $0.13432 (-1.18%)

• ADA: $0.4096 (-0.87%)

• SHIB: $0.00002023 (-2.22%)

• AVAX: $29.07 (-3.68%)

• TRX: $0.11706 (+1.57%)

• WBTC: $66156.71 (-0.54%)

Top gainers on Binance:

• CVX/USDT (+75%)

• BURGER/USDT (+29%)

• UNFI/USDT (+11%)