Binance Market Update (2024-05-30)

The global cryptocurrency market cap now stands at $2.57T, down by -1.42% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $67,125 and $68,423 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,579, down by -0.28%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include STG, NOT, and VGX, up by 73%, 38%, and 20%, respectively.

Top stories of the day:

• Altcoins Experience Significant Drop in Value

• Nvidia CEO Jensen Huang's Stock Value Surges to Over $90 Billion

• US Treasury Yields Surge, Bitcoin and Stock Markets Under Pressure

• Bitcoin Spot ETF Sees Significant Inflow, Grayscale's GBTC Experiences Outflow

• Bitcoin Predicted to Reach New Highs if Inflation Drops to 3.3% or Lower, Says 10x Research

• NYSE President Considers Offering Cryptocurrency Trading If Regulatory Situation Becomes Clearer

• US Federal Reserve Reports Continued Economic Expansion

• US Treasury Has No Plans To Ban Cryptocurrency Mixers, Says Deputy Secretary

• IBIT ETF Nears $20 Billion Asset Size in Record Time 

• Telegram's Wallet Updates KYC Rules, Requires Additional Personal Information

Market movers:

• ETH: $3724.47 (-1.97%)

• BNB: $590.5 (-1.27%)

• SOL: $165.08 (-1.60%)

• XRP: $0.5173 (-2.16%)

• DOGE: $0.15823 (-3.69%)

• ADA: $0.4488 (-2.67%)

• SHIB: $0.00002602 (-5.04%)

• AVAX: $35.9 (-2.42%)

• LINK: $18.22 (-0.37%)

• WBTC: $67525.17 (-0.46%)

Top gainers on Binance:

• STG/USDT (+73%)

• NOT/USDT (+38%)

• VGX/USDT (+20%)