Binance Market Update (2025-08-06)

The global cryptocurrency market cap now stands at $3.75T, up by 0.41% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $112,650 and $115,097 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $114,078, down by -0.43%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PROVE, TOWNS, and OG, up by 280%, 70%, and 16%, respectively. Top stories of the day: Binance Alpha to List Fireverse (FIR), Airdrop 1000 FIR Tokens to Eligible Users Binance Simple Earn Launches Promotion for PROVE Simple Earn Locked Products Japan Seeks Swift Implementation of U.S. Tariff Reduction Agreement Crypto ETFs Lead July Inflows, Outperforming Other Categories Base Reports 33-Minute Outage Due to Backup Sequencer Issue Trump to Announce Federal Reserve Board Nominee This Week SEC Clarifies Stance on Liquid Staking Activities Atlanta Fed's GDPNow Model Forecasts U.S. GDP Growth at 2.5% for Q3 Michigan State Pension Fund Increases Holdings in Ark Bitcoin ETF Top 100 Public Companies Hold Significant Bitcoin Reserves Brazilian Lawmakers to Discuss National Bitcoin Reserve Proposal U.S. Economic Growth Strengthened by Service Sector in July Binance Alpha to List INFINIT (IN) Market movers: ETH: $3628.55 (-0.51%) XRP: $2.9473 (-3.06%) BNB: $761.45 (+0.27%) SOL: $164.22 (-2.08%) DOGE: $0.20098 (-1.73%) TRX: $0.3341 (+0.36%) ADA: $0.7272 (-1.94%) WBTC: $114083.47 (-0.38%) XLM: $0.3933 (-2.70%) BCH: $560.3 (-0.30%) Top gainers on Binance: PROVE/USDT (+280%) TOWNS/USDT (+70%) OG/USDT (+16%)