Binance Market Update (2024-05-26)

The global cryptocurrency market cap now stands at $2.57T, up by 2.74% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $68,808 and $69,610 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,086, up by 0.01%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BB, CREAM, and CHZ, up by 23%, 21%, and 12%, respectively.

Top stories of the day:

• Bitcoin and Ethereum Lead Market Surge Following US Approval of Spot ETFs 

• CoinGecko's 2024 RWA Report: Rise of Cryptocurrencies as Real-World Assets: USD-Pegged Stablecoins Dominate the Market

• AI Meme Cryptocurrencies Surge, Doubling Value in a Week 

• Crypto Startups Score $2.4B in Q1 2024 Funding, Up 40% YoY

• Bitcoin's Road to $70K: Analyst Forecasts Weeks of Consolidation, Stressing Importance of $69,000 Support 

• MemeCoin Normie's Market Value Drops Over 99% in Suspected Attack, Vulnerability Exploited

• Aptos Sets New Record in L1 Industry with Daily Trading Volume of $95.6 Million

• Grayscale GBTC's Bitcoin Holdings Expected to be Surpassed by Blackrock IBIT 

• Ethereum Spot ETF Approval More Significant Than Bitcoin's, Says The ETF Store President 

• US Spot Bitcoin ETF's Daily Purchases Exceed Bitcoin Mining Output

Market movers:

• ETH: $3805.01 (+1.45%)

• BNB: $602 (-0.15%)

• SOL: $163.19 (-3.53%)

• XRP: $0.5363 (+0.13%)

• DOGE: $0.17037 (+1.61%)

• ADA: $0.4582 (-1.14%)

• AVAX: $37.3 (-2.69%)

• SHIB: $0.00002459 (-1.36%)

• WBTC: $69167.49 (+0.09%)

• DOT: $7.415 (+1.64%)

Top gainers on Binance:

• BB/USDT (+23%)

• CREAM/USDT (+21%)

• CHZ/USDT (+12%)