Binance Market Update (2024-05-24)

The global cryptocurrency market cap now stands at $2.60T, up by 0.06% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $66,312 and $70,096 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,161, down by -3.67%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include AUDIO, PEOPLE, and OGN, up by 51%, 21%, and 16%, respectively. Top stories of the day: Bank of America: Cryptocurrency Funds Draw Fifth-Largest Inflows on Record European Stocks Dip Amid Uncertainty Over Fed's Capacity to Reduce Rates High Correlation Between CME Ethereum Futures and Spot Trading Drives Ethereum Spot ETF, Reveals SEC Documents Polymarket Faces Controversy Over 'Approved' Verdict on $13M Ethereum ETF Bet Spot Ethereum ETF Expected To Be Listed In July Or August BlackRock's Ethereum ETF Listed on DTCC Website Spot ETH ETF Decision Leads to $350M Liquidations Amidst Wild Crypto Price Fluctuations SEC Approves 19B-4 Form for Spot Ethereum ETF, Official Trading Time to Be Determined US House of Representatives Passes Bill Prohibiting Federal Reserve from Creating Central Bank Digital Currency US Dollar Index Continues to Rise, Federal Reserve's First Rate Cut Expected in December Market movers: ETH: $3663.15 (-4.49%) BNB: $594.3 (-3.38%) SOL: $164.85 (-7.03%) XRP: $0.5241 (-0.83%) DOGE: $0.15795 (-5.82%) ADA: $0.4593 (-5.04%) AVAX: $37.29 (-6.40%) SHIB: $0.00002385 (-6.40%) WBTC: $67047.81 (-4.00%) DOT: $7.144 (-5.59%) Top gainers on Binance: AUDIO/USDT (+51%) PEOPLE/USDT (+21%) OGN/USDT (+16%)