The global cryptocurrency market cap now stands at $2.09T, down by -0.63% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $57,701 and $59,944 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $58,933, down by -1.02%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SLF, HARD, and RDNT, up by 26%, 12%, and 10%, respectively.

Top stories of the day:

ECB Official Supports Rate Cut Next Month Amid Slowing Inflation 

Hedge Funds and Asset Managers Turn Bearish on U.S. Dollar 

Goldman Sachs Plans Global Layoffs Affecting Over 1300 Employees 

Fed Rate Cut Expectations Rise: 70% Probability of 25 Basis Point Reduction in September 

QCP Capital: Weaker Non-Farm Payrolls Could Trigger U.S. Rate Cuts in September 

U.S. Core PCE Price Index Holds Steady at 2.6% in July, Matching June Figures 

Mastercard Plans to Replace Traditional Credit Card Numbers with Tokenization Technology 

Brazil Supreme Court Orders Shutdown Of Musk's Social Media Platform X 

CryptoQuant's Head of Research: Bitcoin Market Cycle Indicators Signal Bearish Phase 

Starbucks in El Salvador Now Accepts Bitcoin Payments

Market movers:

ETH: $2515.34 (-0.34%)

BNB: $535.2 (-0.43%)

SOL: $136.46 (-2.26%)

XRP: $0.5666 (+0.59%)

DOGE: $0.10063 (-0.63%)

TRX: $0.1571 (-2.48%)

TON: $5.328 (-1.68%)

ADA: $0.3457 (-3.54%)

AVAX: $22.88 (-2.51%)

WBTC: $58841.07 (-0.99%)

Top gainers on Binance:

SLF/USDT (+26%)

HARD/USDT (+12%)

RDNT/USDT (+10%)