Binance Market Update (2024-11-01)

The global cryptocurrency market cap now stands at $2.42T, down by -0.63% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $68,830 and $72,700 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,428, down by -4.05%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BETA, BURGER, and PORTO, up by 13%, 8%, and 7%, respectively. Top stories of the day: October Nonfarm Payroll Data Expected to Reflect Strikes and Hurricanes Impact Japan's Largest Crypto Exchange Alliance to Self-Regulate Stablecoins Tether's Bitcoin Holdings Decrease in Q3 2023 Treasury Plans Significant Increase in Debt Issuance for Upcoming Quarters CFO: Florida Holds $800 Million In Crypto-Related Investments S&P 500 Index Falls 1% As Nvidia Declines 3% U.S. Stock Market Opens Lower Due to Higher Than Expected Core PCE Fed Likely to Pause Rate Cuts Amid Rising Inflation Concerns PCE Inflation Indicator Sees Largest Monthly Increase Since April Rachel Conlan’s Closing Remarks at Binance Blockchain Week Dubai 2024: "Building Towards 100 Years of Growth" U.S. Initial Jobless Claims for Week Ending October 26 Lower Than Expected CZ at Binance Blockchain Week Dubai 2024: "Long-Term, I'm Bullish on Crypto" CZ’s Post-Prison Reflections at Binance Blockchain Week Dubai 2024: Lessons, Limitations, and a New Path Forward Market movers: ETH: $2503.01 (-5.24%) BNB: $577.6 (-0.94%) SOL: $166.21 (-5.01%) XRP: $0.5204 (+0.23%) DOGE: $0.15849 (-7.39%) TRX: $0.1671 (-1.47%) TON: $4.866 (-1.00%) ADA: $0.3462 (-2.70%) SHIB: $0.00001735 (-6.32%) WBTC: $69317.94 (-3.96%) Top gainers on Binance: BETA/USDT (+13%) BURGER/USDT (+8%) PORTO/USDT (+7%)