Binance Market Update: Top Stories December 24, 2024

According to CoinMarketCap data, the global crypto market cap is $3.3T, a 0.53% decrease over the last day.

Bitcoin (BTC) traded between $92,520 and $96,539 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $94,155, down by 1.84%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PHA, ZEN, and BAT, up by 34%, 30%, and 25%, respectively.

Top stories of the day:

• Matrixport: Bitcoin's Sweet Spot for Setting the Stage for a 2025 Rally

• Binance 2024 Anti-Scam Refund Initiative: $129M in Losses Prevented and $9.1M Recovered

• BNB Chain Annual Report: 58% TVL Growth, 17% Unique Addresses Increase, and 67% Drop in Security Losses Define 2024’s Success

• Report: Top 3 Most Popular Crypto Narratives in 2024 - Memecoin, AI, and RWA

• Compass Mining Expands Operations with 25 MW Bitcoin Mining Facility in Texas

• Federal Reserve Interest Rate Decision Probabilities for January 2024

• Market Awaits Major Options Expiry Amidst Holiday Calm

• Grayscale Opens Private Placement for 22 Cryptocurrency Trusts

• Grayscale Submits 8-K Form for Horizen Trust to SEC

• Philippines SEC Introduces Comprehensive Crypto Asset Regulations

Market movers:

ETH: $3404.51 (+2.15%)

XRP: $2.2397 (+1.62%)

BNB: $687.81 (+2.50%)

SOL: $192.49 (+4.08%)

DOGE: $0.32008 (+1.21%)

ADA: $0.9001 (-0.01%)

TRX: $0.2518 (+0.88%)

AVAX: $38.86 (+4.77%)

LINK: $24.2 (+5.08%)

TON: $5.654 (+3.48%)