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%)
Binance Market Update: Top Stories December 8, 2024
According to CoinMarketCap data, the global crypto market cap is $3.63T, a 0.07% increase over the last day.Bitcoin (BTC) has traded between $98,888 and $100,439 over the past 24 hours. As of 09:30 AM (UTC) today, it is trading at $99,294, down by -0.51%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PSG, BAR, and 1MBABYDOGE, which are up 38%, 29%, and 22%, respectively.Top stories of the day:Top 15 Bitcoin Holders Own 1.647 Million BTC, BlackRock’s IBIT Leads with 523,735 BTCMichael Saylor Advocates for Bitcoin Over Gold as a Strategic Reserve for the USReport: 9 Newly Launched U.S. Bitcoin Spot ETFs Accumulate 857,342 BTCBlackRock Increases Ethereum Holdings by $500 Million, Reports ArkhamDogecoin Celebrates 11th Anniversary Amid Market GrowthSantiment Report: Meme Coins See Modest Gains Amid Whale Activity and FOMO RisksMarket movers:ETH: $3957.99 (-0.78%)XRP: $2.5333 (+4.14%)SOL: $235.84 (-0.94%)BNB: $738.7 (-0.49%)DOGE: $0.45645 (+1.46%)ADA: $1.193 (-1.58%)TRX: $0.3124 (-3.19%)AVAX: $51.05 (-1.81%)SHIB: $0.0000316 (+0.89%)TON: $6.728 (-2.04%)
Binance Market Update: Top Stories December 2, 2024
According to CoinMarketCap data, the global crypto market cap is $3.38T, a 1.50% decrease over the last dayBitcoin (BTC) traded between $94,872 and $98,130 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $95,303, down by 1.64%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include DASH, XVG, and HBAR, up by 37%, 27%, and 27%, respectively.Top stories of the day:Michael Saylor Urges Microsoft to Invest in Bitcoin for Trillion-Dollar GrowthGlobal Markets Influenced by November's 'Trump Trade'Bitcoin Spot ETFs Experience Mixed Inflows and OutflowsEthereum's Bullish Momentum Mirrors Bitcoin's Previous RallyWeekly Token Unlocks: Major Releases for ADA, ENA, with ADA Valued at $19.8MXRP Market Cap Surges to $110.5 Billion, Climbs Global Asset RankingsWisdomTree Files for XRP ETF with SECBitcoin's Risk-Adjusted Returns Surpass Traditional MarketsFederal Reserve's December Rate Decision Probabilities RevealedXRP Surpasses USDT to Become Third Largest CryptocurrencyMarket movers:ETH: $3615.1 (-2.16%)XRP: $2.3456 (+21.89%)SOL: $226.87 (-4.32%)BNB: $637.42 (-2.70%)DOGE: $0.4134 (-3.07%)ADA: $1.0983 (+2.68%)AVAX: $46.72 (+5.82%)TRX: $0.2062 (-0.72%)SHIB: $0.00002912 (-1.49%)TON: $6.488 (-4.12%)Top gainers on Binance:DASH/USDT (+37%)XVG/USDT (+27%)HBAR/USDT (+27%)
Liquidity Gap Closed: US Exchanges Recover from FTX & Alameda Collapse 📈
The void in liquidity following the dramatic collapse of #FTX and Alameda has finally been filled on US exchanges. After two years of market adjustments, the "Alameda Gap" is no more, signaling a return to stability and confidence in the crypto trading environment. This is a positive sign for #Bitcoin and other #cryptocurrencies , as market depth improves and trading becomes more robust. 🇺🇸💹
The resilience of the market is evident, with major exchanges like Coinbase and Kraken stepping up to ensure liquidity. This development not only supports current traders but also paves the way for new participants in the crypto space.
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