Binance Market Update (2024-12-13)

The global cryptocurrency market cap now stands at $3.65T, up by 5.02% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $99,205 and $102,540 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $100,048, down by -0.93%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include AVA, UTK, and PIVX, up by 290%, 99%, and 33%, respectively. Top stories of the day: Binance to List Velodrome Finance (VELODROME) with Seed Tag Designation Link Futures Open Interest Reaches Record High Trump Team Considers Overhauling Financial Regulatory Agencies Satoshi Action Fund to Announce New Strategic Bitcoin Reserve Bill Bitcoin Price Driven by Demand, Not Supply, Says 10xResearch BlackRock's Focus on Bitcoin and Ethereum ETFs Highlighted by Executive Texas Legislature Considers Bitcoin Strategic Reserve Gold and Silver Prices Decline Amid Economic Data Release U.S. November Core PPI Annual Rate Exceeds Expectations U.S. Unemployment Claims and PPI Data Exceed Expectations European Central Bank Lowers Deposit Rate by 25 Basis Points in Final 2024 Decision Companies Increasingly Hold Bitcoin on Balance Sheets BlackRock's Bitcoin Spot ETF Overtakes Gold ETF in Size US Spot Bitcoin ETFs Net Inflows Surpass 500,000 BTC in Less Than a Year Binance Fund Inflows Dominate 2024, Surpassing Next 10 Exchanges Combined by 40% Bitcoin Sets Record Daily Close, Futures Basis Remains Surprisingly Low Market movers: ETH: $3890.29 (-0.97%) XRP: $2.3183 (-4.87%) SOL: $225.33 (-3.49%) BNB: $709.29 (-1.72%) DOGE: $0.40454 (-3.24%) ADA: $1.0933 (-6.17%) TRX: $0.2892 (-3.34%) AVAX: $51.81 (+1.53%) LINK: $28.41 (-0.35%) SHIB: $0.00002788 (-4.88%) Top gainers on Binance: AVA/USDT (+290%) UTK/USDT (+99%) PIVX/USDT (+33%)