Binance Market Update: Top Stories January 4, 2025

According to CoinMarketCap data, the global crypto market cap is $3.48T, a 2.15% increase over the last day.

Bitcoin (BTC) traded between $96,403 and $98,977 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $97,873, up by 1.44%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include BIO, SUSHI, and CETUS, up by 2406%, 20%, and 19%, respectively.
Top stories of the day:

• India Intensifies Efforts Against Crypto Scams With Tech Giants

• Bitcoin Hashrate Reaches Record High, Nearly Doubling in a Year

• MicroStrategy Seeks $2 Billion Through Preferred Stock Sale

• Mike Johnson Re-Elected as U.S. House Speaker, Signaling Potential Crypto Legislation

• U.S. Dominates Bitcoin Network Hashrate with Significant Growth

• Federal Reserve's Barkin Optimistic About Economic Growth in 2025

• Crypto Industry Sees Significant Decline in Hacks for December 2024

• Stablecoin Issuers Lead Cryptocurrency Revenue in December 2024

• Tesla to Release Q4 and Full-Year 2024 Financial Results

• U.S. Dollar Poised for Best Weekly Gain Amid Fed Policy Expectations

Market movers:

ETH: $3593.85 (+4.36%)

XRP: $2.4448 (+1.02%)

SOL: $216.17 (+2.14%)

BNB: $715.3 (+1.88%)

DOGE: $0.38606 (+13.53%)

ADA: $1.0676 (+0.72%)

TRX: $0.2679 (+2.10%)

AVAX: $41.63 (+2.61%)

SUI: $5.072 (+17.66%)

LINK: $23.04 (+3.92%)