Binance Market Update (2024-09-09)

The global cryptocurrency market cap now stands at $1.94T, up by 1.04% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $53,629 and $55,555 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $55,302, up by 1.23%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TKO, CVC, and KEY, up by 16%, 12%, and 11%, respectively. Top stories of the day: Tokocrypto Secures PFAK License, Boosting Binance Subsidiary and Indonesia’s Crypto Industry U.S. Bitcoin ETFs Bleed $1.2 Billion in Longest Run of Net Outflows Amid Global Market Challenges Bitcoin Fear And Greed Index Hits Peak Fear Level Bitcoin 'Grossly Undervalued' at Current Prices, Say Traders Ahead of CPI, Trump-Harris Debate Week Bitcoin Analyst Predicts "Biggest Bull Cycle" as BTC Price Hits $45K Floor Bitcoin ETFs in The U.S. Require More Time To Mature, Says Analyst Cryptocurrency Ownership Declines Despite Market Recovery Vitalik's Multi-Signature Wallet Continues ETH Sell-Off Market Anticipates Lower Volatility Ahead Of U.S. CPI Data Release U.S. August Unemployment Rate Declines, Labor Market Remains Stable Stablecoin Market Cap Experiences Slight Decline Over Past Week Federal Reserve Officials Hint at Potential Rate Cuts Amid Mixed Employment Report Glassnode Report: Bitcoin Unrealized Losses Hit Historical Low, Market Still Profitable European Central Bank Expected to Cut Interest Rates Next Thursday, Another 25 Basis Points Possible in December Market movers: ETH: $2327.52 (+1.03%) BNB: $507.8 (+0.79%) SOL: $130.12 (-0.29%) XRP: $0.5332 (+0.45%) DOGE: $0.09832 (+2.30%) TRX: $0.1539 (+1.79%) TON: $5.059 (+6.91%) ADA: $0.3417 (+1.39%) AVAX: $24.04 (+4.25%) WBTC: $55260.43 (+1.23%) Top gainers on Binance: TKO/USDT (+16%) CVC/USDT (+12%) KEY/USDT (+11%)