Binance Market Update: Top Stories January 31, 2025

According to CoinMarketCap data, the global crypto market cap is $3.54T, a 0.71% decrease over the last dayBitcoin (BTC) traded between $103,930 and $106,457 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $104,189, down by -1.05%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ACH, VTHO, and JASMY, up by 23%, 23%, and 21%, respectively.Top stories of the day:Bank Of Japan Governor Signals Continued Interest Rate HikesMusk Proposes Federal Deficit Reduction Plan for 2026Fear and Greed Index Reaches Extreme Greed LevelNYSE Arca Seeks Approval to Convert Grayscale's XRP Trust to Spot ETFSEC Appoints Natalia Díez Riggin As Senior AdvisorU.S. Fourth Quarter Core PCE Price Index Matches ExpectationsU.S. Loan Delinquencies Rise Over 10% Year-On-YearEuropean Central Bank Lowers Deposit Rate by 25 Basis PointsBitcoin Surges As FOMC Keeps Interest Rates SteadyBitcoin Shows Strong Correlation with Small-Cap Tech StocksMarket movers:ETH: $3250 (+1.29%)XRP: $3.0736 (-1.15%)SOL: $234.79 (-2.61%)BNB: $678.05 (-0.04%)DOGE: $0.32724 (-1.53%)ADA: $0.9526 (-1.17%)TRUMP: $25.39 (-8.47%)TRX: $0.2547 (+2.91%)LINK: $24.94 (+1.51%)AVAX: $34.57 (+2.25%)