Binance Market Update (2024-10-28)

The global cryptocurrency market cap now stands at $2.28T, down by -0.06% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $67,037 and $68,680 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,296, up by 1.71%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include TROY, AST, and API3, up by 86%, 25%, and 15%, respectively.

Top stories of the day:

• SEC's Cryptocurrency Regulation Criticized by Legal Expert

• BlackRock CEO Larry Fink Describes Bitcoin as An International Asset

• Hong Kong Exchange to Launch Virtual Asset Index Series in November 2024

• BTC Contract Holdings Increase by 3% in 24 Hours

• TIA, SUI, and OP Tokens to Undergo Major Unlocks Next Week, with TIA Unlocking $941 Million

• The Case for Bitcoin as a Reserve Asset: Bitcoin Policy Institute Proposes BTC as a Hedge Against Inflation and Geopolitical Risks

• Former President Trump Suggests Replacing Federal Income Tax with Tariffs and Using Bitcoin to Address National Debt

• Altcoin Seasons May Decline in Intensity as Market Matures, Analyst Predicts

Market movers:

• ETH: $2508.19 (+1.61%)

• BNB: $591.6 (+1.51%)

• SOL: $176.91 (+1.53%)

• XRP: $0.518 (+1.11%)

• DOGE: $0.14243 (+3.50%)

• TRX: $0.164 (-0.91%)

• TON: $4.976 (+0.67%)

• ADA: $0.3355 (+0.99%)

• AVAX: $25.81 (+1.69%)

• WBTC: $68203.8 (+1.71%)

Top gainers on Binance:

• TROY/USDT (+86%)

• AST/USDT (+25%)

• API3/USDT (+15%)