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Binance Market Update (2024-08-24)

The global crypto market cap is $2.27T, a 4.28% increase over the last day, according to CoinMarketCap data.Bitcoin (BTC) has traded between $60,691 and $64,955 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $64,314, up by 4.94%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include SUN, LQTY, and GMX, up by 58%, 35%, and 29%, respectively.Top stories of the day:Cryptocurrency Market Cap Rebounds to $2.36 Trillion with 3.3% IncreaseMt. Gox Bitcoin Holdings Decline Significantly Since 2021Powell Highlights Importance of U.S. Employment Data for Monetary Policy DecisionsUpcoming Fed Rate Cuts Could Spark a Crypto Bull Run, Says 21Shares AnalystKraken’s Bid to Dismiss SEC Lawsuit Denied by Federal CourtBitcoin Surges to Nearly $64K, as Fed Hints at Policy Shift at Jackson HoleFormer Fed Economist Advocates for 50 Basis Points Rate Cut Hong Kong Bitcoin ETFs Surpass $250M AUM but Lag Behind U.S. CounterpartsDollar Index Falls Below 101 for First Time Since DecemberFed Chair Powell Confident in Inflation Returning To 2%Market movers:ETH: $2771.2 (+3.46%)BNB: $581 (+0.48%)SOL: $155.34 (+7.29%)XRP: $0.6091 (+1.62%)TON: $6.734 (+1.46%)DOGE: $0.1125 (+4.91%)ADA: $0.391 (+2.20%)TRX: $0.1603 (+2.95%)AVAX: $26.69 (+2.26%)WBTC: $64237.39 (+4.87%)Top gainers on Binance:SUN/USDT (+58%)LQTY/USDT (+35%)GMX/USDT (+29%)

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