Binance Market Update (2024-08-23)

The global cryptocurrency market cap now stands at $2.15T, up by 2.61% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $60,100 and $61,400 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $61,287, up by 0.56%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include VIDT, CREAM, and BSW, up by 58%, 47%, and 43%, respectively. Top stories of the day: Financial Markets on the Verge of Major Shift, Report Suggests Powell's Speech at Jackson Hole to Address Economic Outlook El Salvador to Educate 80,000 Public Servants on Bitcoin and Emerging Technologies Cryptocurrency Fear and Greed Index Indicates Increased Market Anxiety El Salvador Continues Daily Bitcoin Purchases Since March U.S. Mortgage Rates Drop Slightly, July Home Sales See Modest Increase Crypto Market Rises as U.S Dollar Weakens U.S. Stock Market Indices Continue Downward Trend European Central Bank Open to Discussing Rate Cuts in September Federal Reserve’s Collins Suggests Timing Is Right to Ease Monetary Policy BlackRock CIO Urges Fed to Cut Rates in September Binance Labs Invests in Four Leading Projects from BNB Chain's MVB Season 7 Capital Economics: Fed's Schmidt Highlights Positive Inflation Data, Cautious on Rate Cuts Employment Data Revision May Support Fed Rate Cut Decision OTC Desks Hold Record Bitcoin Levels Since June 2022 Market movers: ETH: $2678.4 (+1.89%) BNB: $578.3 (+0.36%) SOL: $144.78 (+1.35%) XRP: $0.5994 (+0.03%) TON: $6.637 (+2.01%) DOGE: $0.10724 (+1.09%) ADA: $0.3826 (+4.11%) TRX: $0.1558 (+0.84%) AVAX: $26.1 (+12.11%) WBTC: $61256.72 (+0.59%) Top gainers on Binance: VIDT/USDT (+58%) CREAM/USDT (+47%) BSW/USDT (+43%)