Binance Market Update (2025-05-11)

The global cryptocurrency market cap now stands at $3.29T, up by 1.73% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $103,005 and $104,985 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,310, up by 0.68%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ETHFI, INIT, and PARTI, up by 44%, 38%, and 38%, respectively. Top stories of the day: Altcoin Season Index Rebounds Amid Ethereum Surge Bitcoin Market Awaits Better Exit Opportunities Amid Price Surge Federal Reserve's Balance Sheet Hits Lowest Level Since 2020 Cathie Wood Predicts Economic Recovery and Bitcoin's Future Growth Ethereum Transaction Yields 674-Fold Return Michael Saylor Advocates for Bitcoin's Role in Global Empires Whales Acquire Over 20,000 BTC in Recent Transactions India and Pakistan Agree to Comprehensive Ceasefire Market movers: ETH: $2515.07 (+5.09%) XRP: $2.371 (-0.37%) BNB: $658.37 (-0.06%) SOL: $174.38 (+1.71%) DOGE: $0.234 (+4.24%) ADA: $0.7994 (+0.59%) TRX: $0.2621 (-0.79%) WBTC: $104251.9 (+0.68%) TRUMP: $13.76 (-3.37%) SUI: $3.9834 (+0.45%) Top gainers on Binance: ETHFI/USDT (+44%) INIT/USDT (+38%) PARTI/USDT (+38%)