Binance Market Update (2024-05-17)

The global cryptocurrency market cap now stands at $2.39T, up by 5.72% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $64,603 and $66,752 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $66,206, down by -0.08%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NOT, LINK, and LOOM, up by 742%, 19%, and 17%, respectively. Top stories of the day: Bitcoin Analysis: Break Above $70K Essential, Charts Otherwise 'Noise,' says Analyst RWA Protocol Surpasses $420 Million in TVL, Becomes Largest Tokenized US Treasury Provider Reddit Stocks Soar in After-Hours Trading Following OpenAI Data-Sharing Deal Binance Aids Taiwan Authorities in a Major Virtual Asset-Related Money Laundering Case Worth Nearly NT$200 Million National Bureau of Statistics Predicts Continual Rebound in PPI from Low Levels Minor Hike in Prices of Water, Gas, and Train Tickets in April's CPI Pump.fun Attacker's New Token FSA Witnesses an Enormous 89,016.79% Increase After Launch U.S. Bitcoin ETF Attracts a Remarkable $257 Million Net Inflow CME's 'Fed Watch' Data Predicts High Probability for Unchanged Interest Rates in June and August Reuters Survey Points to a Fourth Quarter Interest Rate Cut by RBNZ U.S. Senate Votes to Overturn SEC's Controversial Crypto Accounting Rules, Bill Awaits President Biden's Approval Binance Security Unveils Anti-Poisoning Algorithm to Safeguard Users’ Digital Assets U.S. Unemployment Claims Drop as Labor Market Exhibits Strong Momentum K33 Research Analyst: Nearly 1,000 Professional Firms Invest in U.S. Bitcoin Spot ETF as of March End Market movers: ETH: $3030.8 (+0.93%) BNB: $576.7 (-0.91%) SOL: $168.33 (+3.57%) XRP: $0.5196 (+0.19%) DOGE: $0.15322 (-1.38%) ADA: $0.4805 (+5.58%) SHIB: $0.0000248 (-2.13%) AVAX: $36.32 (+5.06%) TRX: $0.12411 (-0.39%) DOT: $7.254 (+5.05%) Top gainers on Binance: NOT/USDT (+742%) LINK/USDT (+19%) LOOM/USDT (+17%)