Binance Market Update (2025-08-09)

The global cryptocurrency market cap now stands at $3.86T, up by 2.54% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $115,879 and $117,437 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $117,280, up by 0.64%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include VELODROME, HEI, and COW, up by 38%, 34%, and 33%, respectively. Top stories of the day: U.S. Tariff Rates Reach Historic Highs, WTO and IMF Report Increase in Ethereum Buyers Signals New Market Demand BlackRock's Potential Entry into Solana ETF Market Raises Concerns XRP News: XRP Price Surges 12% as Traders Bet on Major Swings with Long Straddle Strategy Ethereum Price News: Ethereum Transactions Hit All-Time High as SEC Clarity, Staking Boom Fuel ETH Price Rally XRP News: Altcoins Lead Crypto Market Surge as XRP Soars 12%, Ether and Dogecoin Rally Dogecoin News: Dogecoin Surges 8% as Whale Accumulation Fuels Breakout Toward $0.25 Crypto News: Bitcoin, Ether, XRP Rally Pushes Crypto Sentiment Back to ‘Greed’ Amid $125K BTC Target Bitcoin Price News: Bitcoin Price Mirrors 2024 Pattern That Preceded 50% Rally, Trader Says Bitcoin News: Bitcoin DeFi VC Funding Hits $175M in 2025 as Focus Shifts to Consumer Apps and Yield Bitcoin News Today: Bitcoin Breaks Above $117K in Bollinger Bands 'Head Fake' — Is $119K Next? Ethereum News Today: Ethereum Dominates Capital Inflows Over Solana as $4K Price Target Nears Bitcoin News Today: UK’s Union Jack Oil to Mine Bitcoin Using Stranded Gas at Undeveloped Well Site Ethereum News: Ethereum Rally Sparks 500% Altcoin Surge Predictions Ahead of Q4 Bitcoin News: Bitcoin Energy Value Model Puts Fair BTC Price at $167K, Now 31% Undervalued Crypto News: Bitcoin and Ethereum Approach Breakout Zones Amid Political and Technical Catalysts According to 10X Research JPMorgan Expects Three Fed Rate Cuts Starting September 2025, Revises Forecast Forward Worksport Doubles Bitcoin Holdings, Expands Production Capacity, and Teases New OEM Deals Ahead of Q2 Earnings Market movers: ETH: $4188.61 (+7.67%) XRP: $3.335 (+0.47%) BNB: $809.4 (+3.17%) SOL: $181.72 (+3.53%) DOGE: $0.23728 (+6.75%) TRX: $0.3368 (-0.36%) ADA: $0.8103 (+1.78%) WBTC: $117180.82 (+0.60%) XLM: $0.4548 (-1.39%) LINK: $20.89 (+8.75%) Top gainers on Binance: VELODROME/USDT (+38%) HEI/USDT (+34%) COW/USDT (+33%)