Binance Market Update (2024-06-03)

The global cryptocurrency market cap now stands at $2.57T, up by 1.66% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $67,257 and $69,333 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,005, up by 2.10%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ALICE, PORTAL, and SLP, up by 57%, 22%, and 19%, respectively.

Top stories of the day:

• Blockchain Platforms BNBChain, Polygon, and Ethereum Lead in Unique Address Growth

• Australia's First Bitcoin ETF Set To Begin Trading

• Frax Finance's X Account Hacked, CEO Suspects Internal Involvement

• Investors Await Key Economic Reports Ahead of Federal Reserve Meeting

• 10x Research: Bitcoin Exchange Balances Plummet as Traders Show Concern Over Market Trend

• Arbitrum Surpasses Ethereum In Monthly Active Users

• Federal Reserve Slashes its Balance Sheet by $78.1 Billion in May

• Ethereum Reserves on CEX Drop Significantly Following SEC's Approval of Spot ETF

• Matter Labs Abandons Trademark Applications For 'ZK'

• Nigeria Tops Interest in Bitcoin, Followed by El Salvador

Market movers:

• ETH: $3813.37 (+0.84%)

• BNB: $627.3 (+5.04%)

• SOL: $165.22 (+0.48%)

• XRP: $0.5199 (+0.97%)

• DOGE: $0.16118 (+2.35%)

• ADA: $0.454 (+1.20%)

• SHIB: $0.00002502 (+1.30%)

• AVAX: $35.98 (+1.24%)

• WBTC: $69024.49 (+2.00%)

• LINK: $18.007 (-1.29%)

Top gainers on Binance:

• ALICE/USDT (+57%)

• PORTAL/USDT (+22%)

• SLP/USDT (+19%)