Binance Market Update (2024-10-16)
Binance Market Update (2024-10-16)The global crypto market cap is $2.33T, a 1.67% increase over the last day, according to CoinMarketCap data.Bitcoin (BTC) was traded between $64,800 and $67,950 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $67,265, up by 2.45%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include STORJ, ARK, and METIS, up by 26%, 18%, and 11%, respectively.Top stories of the day:Binance Research: Global Stablecoin Regulation OverviewStandard Chartered Predicts Bitcoin Rally to $73,800 Ahead of U.S. ElectionGrayscale Considers Adding 35 New Tokens to Its Portfolio Canary Capital Submits Spot LTC ETF Application to SECFederal Reserve's Daly Emphasizes Restrictive Monetary Policy to Curb InflationNew York Fed Reports Inflation Expectations for SeptemberBitcoin (BTC) Hits Highest Levels Since July 2023Nansen Report Highlights $3.2B Market for AI Services Beyond DeFiArk Invest Bitcoin ETF Receives Significant BTC TransfersMorgan Stanley: Federal Reserve to Continue Interest Rate Cuts Amid Mixed Labor Market SignalsMarket movers:ETH: $2616.46 (+0.14%)BNB: $593.3 (+1.09%)SOL: $155.2 (+0.58%)XRP: $0.542 (-0.70%)DOGE: $0.12675 (+9.45%)TRX: $0.1594 (+0.31%)TON: $5.225 (-1.10%)ADA: $0.3549 (-1.72%)AVAX: $27.57 (-4.67%)SHIB: $0.00001874 (+2.35%)Top gainers on Binance:STORJ/USDT (+26%)ARK/USDT (+18%)METIS/USDT (+11%)