Binance Market Update: Top Stories January 6, 2025

According to CoinMarketCap data, the global crypto market cap is $3.51T, a 0.85% increase over the last day.

Bitcoin (BTC) traded between $97,277 and $99,892 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $99,114, up by 1.33%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include OSMO, INJ, and SPELL, up by 21%, 12%, and 10%, respectively.

Top stories of the day:

• SOL Net Inflow to Centralized Exchanges Hits $227M, Raising Concerns About Bullish Momentum

• $100K Bitcoin Call Options Signal Bullish Sentiment Ahead of Trump’s Inauguration

• Macro Outlook: Non-Farm Payrolls to Drive Market Sentiment as Fed Takes a Cautious Stance

• MicroStrategy’s Michael Saylor Hints at Ninth Consecutive Bitcoin Purchase Amid Growing BTC Holdings

• Strive Asset Management Files for "Bitcoin Bond" ETF

• Goldman Sachs Predicts Fed Will Cut Rates by 75 Basis Points in 2025

• 10x Research: Bitcoin Trump Rally Faces Federal Reserve Hurdles Ahead of FOMC Meeting

• Metaplanet Plans Significant Bitcoin Expansion by 2025

• Goldman Sachs Predicts S&P 500 to Reach 6500 Points by Year-End

• Weekly Token Unlocks: APT, MOVE, and Others Set for Major Unlocks, with APT Worth Approximately $110M

Market movers:

ETH: $3643.51 (+0.77%)

XRP: $2.3767 (+0.23%)

SOL: $213.58 (-0.37%)

BNB: $714.86 (+0.88%)

DOGE: $0.38323 (-0.51%)

ADA: $1.0754 (-1.09%)

TRX: $0.2629 (-0.49%)

AVAX: $43.81 (+4.83%)

SUI: $5.1407 (-0.21%)

LINK: $23.39 (+0.34%)