Binance Market Update (2024-10-08)

The global cryptocurrency market cap now stands at $2.20T, up by 1.70% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $62,005 and $64,478 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,428, down by -1.12%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include WING, OG, and SANTOS, up by 49%, 39%, and 32%, respectively. Top stories of the day: Bitcoin's Recent Dip a ‘Healthy Realignment’ with Lower Risk of Crash: Bitfinex Analysts FTX Bankruptcy Judge Approves Reorganization Plan Amid Criticism Over In-Kind Payments Binance Launches SOL Staking on Binance Web3 Wallet: Earn with Flexibility 10x Research: Smart Traders Are Preparing for a Bitcoin Options Boom Privacy Tokens See Record Delistings in 2024 Amid Regulatory Crackdown — Kaiko Report Fed's Williams: September's 50bp Rate Cut Is Not Indicative of Future Policy Federal Reserve Governor Advocates Balanced Approach to Inflation MicroStrategy Surges to 6-Month High Amid Bitcoin Volatility and Market Dynamics Federal Reserve's Musalem Supports Gradual Rate Cuts Jim Rickards Highlights Gold's Role in Supporting The U.S. Dollar Bahrain National Bank Introduces Bitcoin-Linked Investment Product Bitcoin Financial Services Firm Fold Files for IPO With SEC U.S. Supreme Court Rejects Appeal on Silk Road Bitcoin Case Berkshire Hathaway Sells $383 Million Worth of Bank Of America Shares European Central Bank Proposes Unified Digital Ledger Tether Surpasses 350 Million Users Marking Decade Of Growth Global Cryptocurrency Adoption Nears Significant Milestone Market movers: ETH: $2426.49 (-1.20%) BNB: $571.4 (+0.00%) SOL: $143.19 (-2.61%) XRP: $0.529 (-1.03%) DOGE: $0.10742 (-3.84%) TRX: $0.156 (+0.97%) TON: $5.206 (-0.91%) ADA: $0.3519 (-1.65%) AVAX: $26.48 (-1.67%) SHIB: $0.00001731 (-4.21%) Top gainers on Binance: WING/USDT (+49%) OG/USDT (+39%) SANTOS/USDT (+32%)