Binance Market Update: Top Stories December 20, 2024

According to CoinMarketCap data, the global crypto market cap is $3.23T, an 8.44% decrease over the last day.

Bitcoin (BTC) traded between $95,007 and $102,800 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $95,159, down by 6.36%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include STRAX, ZEN, and CTXC, up by 30%, 14%, and 6%, respectively.

Top stories of the day:

• Bitcoin Dominance Declines as Select Altcoins Gain Traction

• El Salvador Increases Strategic Bitcoin Reserves With $1 Million Purchase

• Grayscale Opens Sui Trust to Accredited Investors

• IMF: Trump’s Strategic Bitcoin Reserve Plan Awaits Full Evaluation Upon Implementation

• Bitcoin and Ethereum ETFs Expected to Lead U.S. Crypto Fund Launches in 2025

• Franklin Templeton Files for Bitcoin and Ethereum Crypto Index ETF

• Trump Advocates for Abolishing Debt Ceiling

• Bitcoin ETFs Surpass Gold in Assets Under Management

• Bitcoin Mining Profitability Expected to Continue in December

• IMF Urges Federal Reserve to Adjust Rate Cuts Based on Economic Data

Market movers:

ETH: $3289.45 (-10.49%)

XRP: $2.1861 (-7.58%)

BNB: $643.74 (-7.74%)

SOL: $182.86 (-12.39%)

DOGE: $0.29488 (-18.06%)

ADA: $0.8278 (-14.62%)

TRX: $0.2395 (-9.11%)

AVAX: $36.45 (-13.97%)

LINK: $21.49 (-13.03%)

WBTC: $94921.01 (-6.36%)