Binance Market Update (2025-08-05)

The global cryptocurrency market cap now stands at $3.73T, up by 1.48% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $113,726 and $115,720 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $114,573, down by -0.08%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ILV, RARE, and SYN, up by 74%, 27%, and 23%, respectively. Top stories of the day: Binance Alpha to List Towns (TOWNS), Airdrop 1359 TOWNS to Eligible Users Market Reassesses Fed Policy Amid Unexpected Employment Data Bitcoin's Long-Term Bullish Sentiment Turns Neutral Amid Economic Concerns BitMine Holds Largest ETH Treasury Globally, Says Chairman White House Plans Executive Order to Protect Banking Services BNB News: BNB Breaks Above $760 as Corporate Adoption and Binance Upgrades Fuel Rally Bitcoin News Today: Bitcoin Bull Run May Resume The 5 Key Signals After $112K Liquidity Sweep Ethereum News: Ether Price Unlikely to Break $3,800 Without Institutional Support: ETF Outflows, TVL Drop Weigh on ETH Outlook Crypto News Today: Bitcoin Price Recovery Eyes $117K — ETH, XRP, BNB, SOL, DOGE, ADA, XLM Forecasts Mixed as Bulls Struggle San Francisco Fed President Signals Imminent Rate Cuts Amid Weakening Job Market UBS Predicts Potential August Decline in U.S. Stocks Amid Economic Concerns Dollar Weakens Amid Fed Rate Cut Speculation and Data Concerns Swiss Government Open to Continued Talks with U.S. Amid Tariff Concerns CFTC Launches ‘Crypto Sprint’ With SEC to Implement Trump’s Digital Asset Framework U.S. Job Growth Slows Sharply in July, Pushing September Fed Rate Cut Odds to 80.3% S&P 500 Maintains 68-Day Streak Above 20-Day Moving Average as Volatility Risks Rise Crypto Funding Rates Signal Market Uncertainty as Sentiment Splits Across CEXs and DEXs US Non-Farm Payrolls May Signal Recession, Says Swissquote Analyst CryptoQuant: Two More Bitcoin Rallies Expected Before Market Enters Correction Phase Bitcoin News: BlackRock Bitcoin ETF Poised for Dominance After SEC Boosts Options Limits Ethereum News: Ether Mega Whales Accumulate $300M During Weekend Dip as ETF Inflows Surge Crypto News: Crypto Funds See $223M Outflows, Ending 15-Week Inflow Streak Amid Fed Hawkishness Market movers: ETH: $3647.21 (+2.47%) XRP: $3.0403 (+1.12%) BNB: $759.37 (-0.06%) SOL: $167.71 (+2.55%) DOGE: $0.2045 (+1.02%) TRX: $0.3329 (+1.00%) ADA: $0.7415 (+0.15%) WBTC: $114531.13 (-0.05%) XLM: $0.4041 (-2.60%) BCH: $562 (+1.01%) Top gainers on Binance: ILV/USDT (+74%) RARE/USDT (+27%) SYN/USDT (+23%)