Binance Market Update: Top Stories December 9, 2024
According to CoinMarketCap data, the global crypto market cap is $3.56T, a 2.24% decrease over the last day.Bitcoin (BTC) has traded between $98,328 and $101,351 over the past 24 hours. As of 09:30 AM (UTC) today, it is trading at $98,570, down by 0.73%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include 1MBABYDOGE, IDEX, and MLN, up by 41%, 39%, and 22%, respectively.Top stories of the day:Bitcoin Price Faces Challenges as Long-Term Holders Sell Off Ahead of Potential Market ShiftAnalysis: U.S. Stocks and Crypto Markets Remain Active, CPI Data Key to Fed's December Rate CutWeekly Token Unlocks: APT, ADA, ENA Among Major Unlock, with APT Valued at $160MCardano Foundation's Twitter Account CompromisedTrump Indicates No Plans to Replace Federal Reserve Chair PowellDollar Declines Amid Fed Rate Cut Expectations in DecemberMicrosoft Shareholders' Bitcoin Investment Vote Probability AssessedU.S. Unemployment Rate Rise May Justify Federal Reserve Rate CutBitcoin OTC Supply Insufficient to Meet High Demand, Says Former JPMorgan StrategistThink Tank Proposes Bitcoin Treasury Strategy to Amazon, Citing Inflation RisksMarket movers:ETH: $3860.52 (-2.46%)XRP: $2.3701 (-6.43%)SOL: $226.29 (-4.05%)BNB: $708.97 (-4.02%)DOGE: $0.43036 (-5.72%)ADA: $1.1167 (-6.36%)TRX: $0.2933 (-6.11%)AVAX: $49.8 (-2.47%)SHIB: $0.00002991 (-5.38%)TON: $6.418 (-4.59%)
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