Binance Market Update (2024-10-11)

The global cryptocurrency market cap now stands at $2.11T, down by -2.39% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $58,946 and $61,322 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $60,834, up by 0.25%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SXP, ZEC, and WING, up by 29%, 21%, and 18%, respectively. Top stories of the day: BNB Chain to Host 4th BNB Incubation Alliance During BBW Dubai on October 31st Bitcoin Faces Longest Stagnation Period Post-Halving Event Cryptocurrency Fear and Greed Index Drops to 32 Indicating Increased Market Fear BlackRock Acquires 12,272 BTC in 16 Days Metaplanet Acquires Additional 108.99 BTC, Total Holdings Reach 748.502 BTC Berkshire Hathaway Reduces Stake in U.S. Bank Stocks Fed's Bostic Open to No Rate Cut in November Ripple Labs Files Appeal with U.S. Second Circuit Court BlackRock Strategists Predict Gradual Fed Rate Cuts by Early 2025 CZ to Personally Attend Binance Blockchain Week in Dubai on October 30-31 Analyst Predicts Slight Increase in Core PCE Inflation for September Fed's Barkin Notes Significant Inflation Decline But Cautions Against Premature Victory Fed's Goolsbee Reports Inflation and Housing Market Improvements U.S. Stock Market Opens Lower as September CPI Exceeds Expectations Goldman Sachs Executive Comments on September CPI Report Inflation Data Suggests Fed May Pause Rate Cuts in November U.S. Core CPI Rises to 3.3% in September, Surpassing Expectations U.S. September CPI Falls For Sixth Consecutive Month U.S. CPI Data Release Causes Significant Market Fluctuations Market movers: ETH: $2411.62 (+1.59%) BNB: $565 (-0.07%) SOL: $141.86 (+2.94%) XRP: $0.5384 (+2.75%) DOGE: $0.1082 (+2.05%) TRX: $0.1592 (+0.00%) TON: $5.19 (+3.28%) ADA: $0.3462 (+3.37%) AVAX: $26.41 (+2.60%) SHIB: $0.00001696 (+0.59%) Top gainers on Binance: SXP/USDT (+29%) ZEC/USDT (+21%) WING/USDT (+18%)