Binance Market Update (2024-08-04)
The global cryptocurrency market cap now stands at $2.19T, down by -4.51% over the last day, according to CoinMarketCap data.Bitcoin (BTC) has been trading between $59,850 and $62,198 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $60,654, down by -1.49%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include IRIS, GFT, and AKRO, up by 14%, 13%, and 9%, respectively.Top stories of the day:MicroStrategy Seeks To Raise $2 Billion Through Stock Sale For Bitcoin PurchasesBank Of America Predicts Fed Rate Cut In SeptemberBitcoin Price Rebound Expected Based On On-chain AnalysisWhite House Officials And Crypto Executives To Discuss Digital Asset PolicyCryptocurrency Fear And Greed Index Drops To 34 Indicating Market FearBerkshire Hathaway Reports Record Cash Reserves and Significant Apple Stock ReductionIndian Court Reaffirms Legality Of Cryptocurrency TradingU.S. Senator Cynthia Lummis Introduces Bitcoin Strategic Reserve BillVanEck CEO Predicts Bitcoin Surge To $350,000 BRICS Nations Discuss Independent Digital Payment PlatformMarket movers:ETH: $2909.77 (-2.51%)BNB: $526.6 (-2.26%)SOL: $142.95 (-4.17%)XRP: $0.5485 (-3.35%)DOGE: $0.10702 (-5.17%)ADA: $0.3583 (-2.72%)TRX: $0.1282 (+2.31%)WBTC: $60649.9 (-1.62%)AVAX: $22.56 (-4.37%)SHIB: $0.00001405 (-3.77%)Top gainers on Binance:IRIS/USDT (+14%)GFT/USDT (+13%)AKRO/USDT (+9%)