Binance Market Update (2024-10-12)
The global crypto market cap is $2.19T, a 2.48% increase over the last day, according to CoinMarketCap data.Bitcoin (BTC) was traded between $60,820 and $63,418 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $62,736, up by 3.13%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include SCR, NEIRO, and AXL, up by 194%, 38%, and 29%, respectively.Top stories of the day:Bitcoin Bounces 7% Above $63K as Crypto Traders Eye China Stimulus StatementBitcoin ETFs End Three-Day Skid with $254M InflowFederal Reserve Likely to Cut Rates by 25 Basis Points in NovemberSEC Delays Decision on Spot Ethereum ETF OptionsGrayscale Announces Crypto Assets Under Consideration for Addition to its Products, Including AERO, DOGE, WLD, and OthersAI Sector Tokens Experience Significant GainsU.S. October Inflation Rate Expectations Show Mixed ResultsU.S. September PPI Remains Unchanged, Supporting Fed Rate Cut ExpectationsMichael Saylor: MicroStrategy Aims to Become Bitcoin Bank Mt. Gox Extends Repayment Deadline to 2025Market movers:ETH: $2445.58 (+1.41%)BNB: $575.9 (+1.95%)SOL: $145.59 (+2.64%)XRP: $0.5394 (+0.19%)DOGE: $0.11103 (+2.63%)TRX: $0.1632 (+2.51%)TON: $5.268 (+1.50%)ADA: $0.3529 (+1.94%)AVAX: $28.31 (+7.23%)SHIB: $0.00001785 (+5.25%)Top gainers on Binance:SCR/USDT (+194%)NEIRO/USDT (+38%)AXL/USDT (+29%)