Binance Market Update: Top Stories January 8, 2025
According to CoinMarketCap data, the global crypto market cap is $3.33T, a 6.68% decrease over the last day.Bitcoin (BTC) traded between $95,251 and $101,770 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $95,907, down by 5.76%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include FIRO, STPT, and PAXG, up by 23%, 2%, and 0%, respectively.Top stories of the day:Binance CEO Richard Teng: Major Investment in Compliance to Strengthen Competitive EdgeBhutan's Economic Zone, Gelephu Mindful City (GMC), Announces Inclusion of BTC, ETH, and BNB in Strategic ReservesMicroStrategy Acquired 258,320 BTC in 2024, Creating $14B in Shareholder ValueCzech National Bank Considers Bitcoin for Reserve DiversificationSpanish Banks Develop Frameworks for Cryptocurrency ETPsXRP ETF Anticipated Amid Favorable U.S. Crypto RegulationsThailand Launches Cryptocurrency Payment Pilot in PhuketOn-Chain Lending Market Reaches Record HighsFederal Reserve Faces Concerns Over Labor Supply and Wage GrowthNations May Increase Bitcoin Holdings Amid Economic Challenges, Says AnalystMarket movers:ETH: $3366.18 (-8.19%)XRP: $2.3233 (-5.11%)BNB: $702.62 (-3.63%)SOL: $197.57 (-8.49%)DOGE: $0.35036 (-11.24%)ADA: $0.9961 (-12.72%)TRX: $0.2501 (-7.34%)AVAX: $38.65 (-11.62%)SUI: $4.6198 (-9.50%)TON: $5.271 (-8.09%)