Binance Market Update (2024-11-12)

The global cryptocurrency market cap now stands at $2.77T, up by 4.02% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $81,338 and $89,940 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $88,545, up by 8.78%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include ACT, PNUT, and DOGE, up by 2491%, 317%, and 54%, respectively.

Top stories of the day:

• Fed's 2024 Economic Outlook Amid Policy Changes

• Bitcoin News: Bitcoin Could Reach $125,000 by New Year’s Eve Based on Bayesian Analysis, Says Veteran Trader Peter Brandt

• Bitcoin News: Crypto Markets Expected to Peak in H2 2025, with Bitcoin and Solana Leading, Survey Shows

• BlackRock's Bitcoin ETF Sees $1 Billion Trading Volume Within 35 Minutes

• Binance Records Consecutive Billion-Dollar Inflows, Reaching Over $5 Billion in November Amid Rising Demand

• Trump's Election May Impact Federal Reserve's Rate Cut Expectations

• MicroStrategy Expands Bitcoin Holdings With Significant Purchase

• USDC Treasury Mints Over 50 Million USDC on Ethereum

• Dollar Index Reaches Highest Level Since July

Market movers:

• ETH: $3398.3 (+7.51%)

• SOL: $219.61 (+4.34%)

• BNB: $649.92 (+4.69%)

• DOGE: $0.42474 (+53.74%)

• XRP: $0.6685 (+15.28%)

• ADA: $0.6248 (+8.04%)

• SHIB: $0.00002877 (+16.01%)

• AVAX: $36.87 (+17.72%)

• TRX: $0.1688 (+2.43%)

• TON: $5.599 (+5.68%)

Top gainers on Binance:

• ACT/USDT (+2491%)

• PNUT/USDT (+317%)

• DOGE/USDT (+54%)