Binance Market Update (2024-11-16)

The global cryptocurrency market cap now stands at $2.95T, down by -1.84% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $87,754 and $91,850 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $91,252, up by 2.33%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CLV, OM, and ALGO, up by 84%, 43%, and 31%, respectively.

Top stories of the day:

• Bitcoin News Today: Michael Saylor Predicts Bitcoin Will Hit $100K, Dismisses $60K Retrace

• Binance News: Binance Reaches 240 Million Registered Users

• Crypto Market News: RWA Tokenization Predicted to Reach $30 Trillion by 2030, Driven by Financial Institutions

• Bitcoin News: Goldman Sachs Grows Bitcoin ETF Holdings to $710M, Adding $300M in Q3

Market movers:

• ETH: $3112.8 (+0.30%)

• SOL: $218.16 (+2.48%)

• BNB: $621.86 (-0.24%)

• XRP: $1.0178 (+26.61%)

• DOGE: $0.37365 (-0.77%)

• ADA: $0.7289 (+22.48%)

• TRX: $0.1922 (+5.95%)

• SHIB: $0.00002526 (+4.34%)

• AVAX: $34.51 (+6.41%)

• TON: $5.436 (+2.53%)

Top gainers on Binance:

• CLV/USDT (+84%)

• OM/USDT (+43%)

• ALGO/USDT (+31%)