Binance Market Update (2024-08-29)

The global cryptocurrency market cap now stands at $2.09T, down by -5.41% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $57,860 and $60,235 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $59,754, up by 0.61%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CHESS, BSW, and LOKA, up by 29%, 15%, and 12%, respectively. Top stories of the day: Telegram Founder Durov Indicted and Released Under Judicial Supervision, Banned from Leaving France Eric Trump Unveils World Liberty Financial, Pledging a New Era in Finance RBA Rate Cut Expectations Diminish After Higher-Than-Expected Inflation Data Crypto Market Shows Positive Correlation Between Altcoins And Bitcoin Fed's Bostic Comments On Interest Rate Decisions And Inflation Trends Nvidia Reports Strong Q2 Earnings, Boosts AI Sector Confidence OpenSea Receives SEC Wells Notice, NFT Market Experiences Decline Telegram Founder Pavel Durov Released from Police Custody, Transferred to Court JPMorgan Highlights Growing Interest in Combined Bitcoin and Ethereum ETFs OpenSea Receives Wells Notice From SEC US Mortgage Rates Drop to Lowest Level Since April 2023 Institutional Investors Expected to Increase Digital Asset Allocation by 2027 QCP Capital Predicts Potential Fed Rate Cuts and Market Impacts Market movers: ETH: $2554.49 (+3.09%) BNB: $544 (+0.83%) SOL: $145.51 (-0.37%) XRP: $0.574 (-0.03%) DOGE: $0.10089 (+1.32%) TON: $5.596 (+2.04%) TRX: $0.1594 (+0.06%) ADA: $0.3647 (+3.67%) AVAX: $23.9 (-1.20%) WBTC: $59646.31 (+0.58%) Top gainers on Binance: CHESS/USDT (+29%) BSW/USDT (+15%) LOKA/USDT (+12%)