Binance Market Update (2024-10-12)

The global cryptocurrency market cap now stands at $2.13T, up by 0.87% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $60,820 and $63,418 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,736, up by 3.13%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include SCR, NEIRO, and AXL, up by 194%, 38%, and 29%, respectively. Top stories of the day: FTX’s Ryan Salame’s Attempt to Delay Prison Sentence Over Dog Bite Rejected After Tucker Carlson Interview Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus Statement Bitcoin ETFs End Three-Day Skid with $254M Inflow Federal Reserve Likely to Cut Rates by 25 Basis Points in November SEC Delays Decision on Spot Ethereum ETF Options Grayscale Announces Crypto Assets Under Consideration for Addition to its Products, Including AERO, DOGE, WLD, and Others AI Sector Tokens Experience Significant Gains U.S. October Inflation Rate Expectations Show Mixed Results Arkham Intelligence to Launch Derivatives Exchange Next Month U.S. September PPI Remains Unchanged, Supporting Fed Rate Cut Expectations Michael Saylor: MicroStrategy Aims to Become Bitcoin Bank Weekly Market Highlights -  Solana Dominates New Token Launches in 2024 Market movers: ETH: $2445.58 (+1.41%) BNB: $575.9 (+1.95%) SOL: $145.59 (+2.64%) XRP: $0.5394 (+0.19%) DOGE: $0.11103 (+2.63%) TRX: $0.1632 (+2.51%) TON: $5.268 (+1.50%) ADA: $0.3529 (+1.94%) AVAX: $28.31 (+7.23%) SHIB: $0.00001785 (+5.25%) Top gainers on Binance: SCR/USDT (+194%) NEIRO/USDT (+38%) AXL/USDT (+29%)