Binance Market Update (2024-06-11)

The global cryptocurrency market cap now stands at $2.64T, up by 4.27% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $67,284 and $70,196 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,378, down by -2.76%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include LEVER, INJ, and GNO, up by 11%, 9%, and 9%, respectively.

Top stories of the day:

• Binance CEO: Incumbents and Insurgents in the Era of Blockchain Innovation

• Binance Labs Invests in Zircuit to Enhance Layer 2 Security with AI-Enabled Sequencer-Level Technology

• Cryptocurrency Market Faces Significant Correction, Meme Coins Affected

• Institutional Investors Increasingly Eyeing Virtual Assets, Says Chris Barford

• Historical Analysis Reveals Bitcoin's Average Q3 Returns

• Bitcoin's Circulation Speed Mirrors That of 13 Years Ago, Says CryptoQuant CEO

• Solana Surpasses Ethereum in 24-Hour DEX Trading Volume for Five Consecutive Days

• Ethereum Spot ETF Issuers Await SEC Feedback on First Draft S-1 Filings

• Bitcoin Spot Price Remains Stable Despite Record Inflows Into US Listed Bitcoin ETF

• Major Banks Abandon Calls for Interest Rate Cut Following Employment Report

Market movers:

• ETH: $3525.61 (-3.76%)

• BNB: $608.5 (-5.31%)

• SOL: $153.01 (-3.69%)

• XRP: $0.4861 (-1.70%)

• DOGE: $0.14117 (-2.34%)

• ADA: $0.4294 (-2.48%)

• SHIB: $0.00002218 (-4.02%)

• AVAX: $31.89 (-1.85%)

• WBTC: $67292.8 (-2.81%)

• TRX: $0.11715 (+0.86%)

Top gainers on Binance:

• LEVER/USDT (+11%)

• INJ/USDT (+9%)

• GNO/USDT (+9%)