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Binance Market Update (2024-02-29)
The global cryptocurrency market cap now stands at $2.20T, up by 3.08% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $58,500 and $64,000 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,428, up by 5.69%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include ARKM, BONK, and PEOPLE, up by 48%, 45%, and 39%, respectively.

Top stories of the day:

Binance Awarded for Cybersecurity Excellence by Hong Kong Authorities 

Binance Retrieves $4 Billion in Misplaced Users’ Assets Amid Security Warning 

BlackRock Quant Analyst Suggests 28% Portfolio Allocation to Bitcoin 

Hong Kong's Largest Bitcoin Futures ETF Sees Fivefold Asset Growth in Five Months

US Government Transferred $922 Million Worth of Seized Bitcoin Amid BTC Price Rally 

SEC Considers NYSE American Proposal to Allow Bitcoin ETF and Trust Options Trading 

Seneca Stablecoin Hacker Returns Majority of Stolen Funds After $6.4M Exploit 

Bitcoin Futures Open Interest Reaches 442,700 BTC 

SEC Investigates OpenAI for Allegedly Misleading Investors 

Spot Bitcoin ETFs Reach New All-Time High of $680M Amid BTC Bull Run

Market movers:

ETH: $3453.65 (+4.23%)

BNB: $413.8 (+0.68%)

SOL: $129.87 (+17.55%)

XRP: $0.5912 (+1.25%)

ADA: $0.6886 (+8.80%)

DOGE: $0.12702 (+29.84%)

AVAX: $43.57 (+9.75%)

TRX: $0.14348 (+0.49%)

LINK: $20.253 (+4.56%)

DOT: $8.738 (+4.11%)

Top gainers on Binance:

ARKM/USDT (+48%)

BONK/USDT (+45%)

PEOPLE/USDT (+39%)
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