Binance Market Update (2024-05-02)

The global cryptocurrency market cap now stands at $2.13T, down by -6.55% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $56,625 and $59,468 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $57,751, up by 0.59%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include VGX, COS, and COMBO, up by 48%, 19%, and 17%, respectively. Top stories of the day: Crypto Sector Indices Show Average Returns of -10% Over Past Week NFT Sales Drop By 31.26% In April, Bitcoin Leads The Market April Spot Trading Volume on DEX Drops by 28.4%, Uniswap Dominates with 55.89% Market Share Bitcoin Spot ETF Records Highest Net Outflow in History Terraform And Kwon Challenge SEC's Lawsuit Over $40 Billion Loss Riot Platforms Reports Record Quarterly Earnings In Q1 2024 MicroStrategy To Launch Bitcoin-Based DID Protocol Bitcoin (BTC) Price Forecast: Traders Peg $50K as Next Target as BTC Loses Key Support Level Bitcoin (BTC) Nearing Bottom? – 3 Indicative Signs Emerge Federal Reserve Chairman Powell Confirms Restrictive Monetary Policy Is Fulfilling Its Duty SOL/BTC Exchange Rate Sees 10.17% Increase Market movers: ETH: $2942.59 (+2.04%) BNB: $553.3 (+0.65%) SOL: $133.22 (+9.52%) XRP: $0.5136 (+5.07%) DOGE: $0.12827 (+3.07%) ADA: $0.4491 (+4.47%) SHIB: $0.00002209 (+4.99%) AVAX: $32.89 (+5.25%) TRX: $0.12215 (+2.80%) DOT: $6.97 (+9.73%) Top gainers on Binance: VGX/USDT (+48%) COS/USDT (+19%) COMBO/USDT (+17%)