Binance Market Update (2024-05-25)

The global cryptocurrency market cap now stands at $2.50T, down by -3.81% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $66,922 and $69,250 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,077, up by 2.85%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include GFT, BB, and REN, up by 34%, 31%, and 20%, respectively. Top stories of the day: Glassnode Data: Over 80% of ETH Tokens Unmoved in Past 6 Months, Indicating Long-Term Investor Sentiment Bloomberg ETF Analyst: Ethereum ETF Lacks A Simple Narrative to Appeal to Baby Boomers US Bank Foresees Inflation Risks Due to Strong Service Sector Spending Bitcoin and Altcoins Experience Price Fluctuations, Uniswap and PEPE See Significant Gains BlackRock's Ethereum ETF Listed By Depository Trust And Clearing Corporation QCP Capital Advises Investors: Accumulate Ethereum Before ETF Launch Major US Stock Indexes Close Higher with Technology Stocks Leading the Rise Three Major Investment Firms Make Significant Investments in Bitcoin ETFs in Q1 Goldman Sachs Predicts Fed Rate Cuts in September and December Amid Stubborn Inflation Concerns Crypto Analyst: Institutional Capital Likely to Surge Following Approval of Ethereum ETF Market movers: ETH: $3751.31 (+2.39%) BNB: $602.9 (+1.43%) SOL: $169.21 (+2.65%) XRP: $0.5356 (+2.21%) DOGE: $0.1676 (+6.12%) ADA: $0.4635 (+0.91%) AVAX: $38.33 (+2.79%) SHIB: $0.00002493 (+4.53%) WBTC: $69075.54 (+2.70%) DOT: $7.295 (+2.11%) Top gainers on Binance: GFT/USDT (+34%) BB/USDT (+31%) REN/USDT (+20%)