Binance Market Update (2024-12-16)

The global cryptocurrency market cap now stands at $3.61T, down by -0.88% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $102,021 and $106,648 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,749, up by 2.67%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include COW, CETUS, and DEGO, up by 42%, 16%, and 13%, respectively. Top stories of the day: Fed Rate Cut Impact on Cryptocurrency Prices Expected to be Limited MicroStrategy Hints at Potential Bitcoin Purchase over $100,000 Bitcoin's Rally Resumes Amid Exchange Outflows and Market Predictions Trump's Potential Bitcoin Reserve Plan Unveiled Ripple's Upcoming RLUSD Stablecoin May Boost XRP Demand in 2025 Third U.S. State to Launch Strategic Bitcoin Reserve Legislation Weekly Token Unlocks: ARB, APE, QAI, and More Set for Major Releases Market movers: ETH: $3949.8 (+2.50%) XRP: $2.3961 (-0.38%) SOL: $219.38 (+0.32%) BNB: $710.28 (+0.08%) DOGE: $0.40127 (+0.73%) ADA: $1.0756 (+0.43%) TRX: $0.2814 (+0.50%) AVAX: $49.14 (-0.45%) LINK: $29.51 (+2.75%) TON: $6.324 (+1.85%) Top gainers on Binance: COW/USDT (+42%) CETUS/USDT (+16%) DEGO/USDT (+13%)