Binance Market Update (2024-06-06)

The global cryptocurrency market cap now stands at $2.53T, down by -3.92% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $70,384 and $71,758 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $70,995, up by 0.01%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include FIDA, BURGER, and COMBO, up by 43%, 31%, and 28%, respectively.

Top stories of the day:

BNB Price Surges Amid U.S. Bond Yield Dip and Ascending Triangle Breakout

QCP Capital Analyst: Ethereum Options' Implied Volatility Surpasses Bitcoin, Likely Due to Anticipated Ethereum Spot ETF

First 2x Ethereum Futures ETF ETHU Sees Trading Volume Triple on Second Day

Ethereum Market Sentiment Hits 14-Month High as Price Oscillates between $3,700 and $3,900

Economists Predict Federal Reserve's First Interest Rate Cut in September

UAE Central Bank Approves Stablecoin Regulation and Licensing Rules

US ADP Employment Figures Show Smallest Increase Since January

US Reclaims Dominance in Cryptocurrency Markets

Shift in Perception from US SEC Chairman Regarding Cryptocurrencies - Focus Now on Lack of Disclosure

ETH ETF Approval 'Will Take Some Time'," Says US SEC Chairman

Market movers:

ETH: $3852.01 (+1.34%)

BNB: $704.2 (+1.06%)

SOL: $173.24 (-0.39%)

XRP: $0.524 (-0.83%)

DOGE: $0.16221 (-0.69%)

ADA: $0.4589 (-0.43%)

SHIB: $0.00002565 (-1.87%)

AVAX: $36.68 (+0.74%)

WBTC: $70994.66 (+0.03%)

DOT: $7.204 (-0.07%)

Top gainers on Binance:

FIDA/USDT (+43%)

BURGER/USDT (+31%)

COMBO/USDT (+28%)