Binance Market Update (2025-05-24)

The global cryptocurrency market cap now stands at $3.52T, up by 0.51% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $106,800 and $111,382 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $108,351, down by -2.52%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include ARDR, COOKIE, and ASR, up by 12%, 9%, and 9%, respectively. Top stories of the day: Bitcoin Transaction Fees Surge Over 50% to $6.43M as Price Hits New High Bitwise: Corporate Bitcoin Purchases Triple New Supply in 2025 Strategist Warns U.S. Fiscal Policy Could Trigger Sharp Repricing of Treasuries SEC Reviews Nasdaq’s Proposal to List Bitcoin Index Options U.S. Treasury Secretary Expects Major Trade Deals in Coming Weeks, Cites Strong Tariff Revenues Trump Proposes 50% Tariff on EU Products Starting June 1 Over Trade Imbalance Bitwise Forecasts Governments and Institutions Will Hold 4.27 Million Bitcoins by 2026 Trump Proposes 25% Tariff on Non-U.S. Manufactured Phones Cathie Wood Predicts Stock Market Growth Under Trump's Policies Tesla's Bitcoin Holdings Reach $1.24 Billion in Value Texas Governor Supports Bitcoin Reserve Bill U.S. Dollar Hits Lowest Level Since 2023 Amid Tariff Threats Global Portfolio Rebalancing May Lead to Dollar Sell-Off U.S. Treasury Secretary Suggests Possible Changes to Bank Regulations This Summer Corporate Bitcoin Purchases Triple New Supply in 2025 U.S. Sovereign Wealth Fund Plans on Hold Amid Other Priorities U.S. Treasury Yield Rises After Besant's Trade Remarks Clash With Trump’s Tariff Strategy Global Bitcoin Holdings Projected to Reach 4.269 Million by 2026 Cryptocurrency Market Experiences $343 Million Liquidation U.S. Treasury Secretary Discusses 90-Day Pause in Negotiations Fed's Goolsbee Suggests Potential Rate Cuts Amid Economic Uncertainty High EU Tariffs Could Severely Impact Supply Chains, Says Fed's Goolsbee EU Commission Withholds Comment on U.S. Trade Tariffs PancakeSwap v3 Achieves Record Weekly Trading Volume on BNB Chains Binance Alpha Revolutionizes Web3 Engagement with On-Chain Integration Market movers: ETH: $2558.71 (-4.51%) XRP: $2.3486 (-4.15%) BNB: $671.73 (-1.97%) SOL: $175.65 (-5.88%) DOGE: $0.22855 (-7.58%) ADA: $0.7592 (-7.75%) TRX: $0.2727 (-0.91%) WBTC: $108153.55 (-2.52%) TRUMP: $12.9 (-7.33%) SUI: $3.6512 (-5.79%) Top gainers on Binance: ARDR/USDT (+12%) COOKIE/USDT (+9%) ASR/USDT (+9%)