Binance Market Update (2026-02-05)

The global cryptocurrency market cap now stands at $2.58T, down by -1.66% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $70,140 and $76,339 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,753, down by -5.78%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CHESS, C98, and ENSO, up by 18%, 16%, and 15%, respectively. Top stories of the day: Asian Central Banks to Show Divergent Monetary Policies by 2026, Says BofA Securities Ethereum Transfer Volume Reaches Significant Levels UK 10-Year Bond Yield Reaches Highest Level Since November 2020 Bitcoin's Bear Market More Severe Than Early 2022, Analysis Shows India's Annual Import Needs to Reach $300 Billion, U.S. to Play Key Role in Energy and Technology Supplies Spot Silver Rebounds to $80 per Ounce Amid Volatile Trading Major Banks Anticipate Stable Interest Rates with Potential Future Cuts Bloomberg Analyst Says Markets Undervalue Bitcoin’s Multi-Year Bull Run as Older Investors Continue ETF Buying Gold’s Sell-Off Losses Halved, but Analysts Warn of Another Downside Risk Insight Investment Predicts Delayed ECB Rate Hike Until 2027 Market movers: ETH: $2138.23 (-5.42%) BNB: $698.77 (-7.74%) XRP: $1.431 (-10.62%) SOL: $92.79 (-4.44%) TRX: $0.2815 (-1.92%) DOGE: $0.1024 (-5.10%) WLFI: $0.1305 (-3.40%) BCH: $527.8 (-0.17%) U: $1.0014 (+0.05%) ADA: $0.2818 (-6.19%) Top gainers on Binance: CHESS/USDT (+18%) C98/USDT (+16%) ENSO/USDT (+15%)