Binance Market Update (2025-05-08)

The global cryptocurrency market cap now stands at $3.00T, up by 2.48% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $95,785 and $99,800 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $99,651, up by 2.82%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include PENGU, IO, and AIXBT, up by 25%, 20%, and 18%, respectively. Top stories of the day: BNB News: BNB Chain Rebounds with Institutional Momentum and DeFi Growth as BNB Nears $600 Bitcoin News Today: Bitcoin Must Hold Above $95K to Avoid Short-Term Correction, Bitfinex Warns Bitcoin News: Bitcoin Realized Cap Hits $890B as Bulls Eye Breakout Toward $100K Market News: Fed Holds Interest Rates Steady Amid Rising Risks of Inflation and Unemployment Arizona Senate Approves Bitcoin Reserve Bill Awaiting Governor's Decision Bitcoin's April Performance Shows Resilience Amid Economic Uncertainty Market movers: ETH: $1940.52 (+5.46%) XRP: $2.2049 (+2.86%) BNB: $615.64 (+1.60%) SOL: $152.75 (+3.42%) DOGE: $0.18313 (+5.60%) ADA: $0.7152 (+4.58%) TRX: $0.2506 (+2.12%) WBTC: $99609.09 (+2.82%) TRUMP: $12.2 (+11.01%) SUI: $3.6979 (+8.69%) Top gainers on Binance: PENGU/USDT (+25%) IO/USDT (+20%) AIXBT/USDT (+18%)