Binance Market Update (2024-10-16)

The global cryptocurrency market cap now stands at $2.28T, up by 1.90% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $64,800 and $67,950 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,265, up by 2.45%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include STORJ, ARK, and METIS, up by 26%, 18%, and 11%, respectively. Top stories of the day: 5 Key Bitcoin Metrics Hint at a New All-Time High in 2024 Bitcoin Eyes New Highs After Rally to $68K: Traders Anticipate a Breakout Binance Research: Global Stablecoin Regulation Overview Standard Chartered Predicts Bitcoin Rally to $73,800 Ahead of U.S. Election Trump's World Liberty Financial Website Crashes Amid Token Sale, 2.9K Investors Join Federal Reserve's Daly Emphasizes Restrictive Monetary Policy to Curb Inflation New York Fed Reports Inflation Expectations for September Bitcoin (BTC) Hits Highest Levels Since July 2023 Nansen Report Highlights $3.2B Market for AI Services Beyond DeFi Ark Invest Bitcoin ETF Receives Significant BTC Transfers Morgan Stanley: Federal Reserve to Continue Interest Rate Cuts Amid Mixed Labor Market Signals U.S. Stock Market Opens With Mixed Performance Cash-Margined Bitcoin Futures Gain Popularity as Open Interest Hits Record Levels Market movers: ETH: $2616.46 (+0.14%) BNB: $593.3 (+1.09%) SOL: $155.2 (+0.58%) XRP: $0.542 (-0.70%) DOGE: $0.12675 (+9.45%) TRX: $0.1594 (+0.31%) TON: $5.225 (-1.10%) ADA: $0.3549 (-1.72%) AVAX: $27.57 (-4.67%) SHIB: $0.00001874 (+2.35%) Top gainers on Binance: STORJ/USDT (+26%) ARK/USDT (+18%) METIS/USDT (+11%)