Binance Market Update (2024-12-28)

The global cryptocurrency market cap now stands at $3.38T, up by 1.59% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $93,500 and $97,036 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $94,604, down by -2.33%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include PHA, ATA, and STEEM, up by 59%, 39%, and 25%, respectively.

Top stories of the day:

• Federal Reserve Reassesses Economic Impact Under Trump's New Administration

• Blockchain Association Challenges IRS Broker Rules

• Bitcoin ETF Approaches Gold ETF Asset Size Within a Year

• ProShares Seeks Approval for Bitcoin Hedged ETFs Based on Major Indices

• Five Institutions Apply for Cryptocurrency ETFs

• Significant Fund Movements Observed in ARK, Bitwise, and Grayscale

• VolatilityShares Seeks Approval for Solana Futures ETFs

• Yellen Urges Congress to Address Debt Ceiling Concerns

• Dollar Remains Stable Amid Low Liquidity and Holiday Season

• Montenegro Approves Extradition of Do Kwon to The United States

• Economists Predict Greater Than Expected Fed Rate Cuts by 2025

• Bitcoin News Today: Post-Christmas Boost: Bitcoin ETFs See Inflows After Four-Day $1.5 Billion Outflow

• Bitcoin News: Bitcoin Payments Hit Yearly Low Amid Holiday Illiquidity, Analysts Predict Imminent Price Recovery

• Greeks.live Predicts Sector Rotation to Drive Upcoming Crypto Bull Market

• Pantera Capital: Stablecoins to Drive Cryptocurrency Adoption with $5 Trillion in Transactions in 2024

Market movers:

• ETH: $3353.77 (-1.92%)

• XRP: $2.1704 (-2.15%)

• BNB: $700.09 (-0.77%)

• SOL: $186.35 (-3.58%)

• DOGE: $0.31763 (-1.54%)

• ADA: $0.8733 (-3.84%)

• TRX: $0.2591 (+0.12%)

• AVAX: $36.78 (-5.47%)

• TON: $5.71 (-2.48%)

• LINK: $21.34 (-9.31%)

Top gainers on Binance:

• PHA/USDT (+59%)

• ATA/USDT (+39%)

• STEEM/USDT (+25%)