Binance Market Update (2024-06-07)

The global cryptocurrency market cap now stands at $2.64T, up by 4.27% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $70,118 and $71,700 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,205, up by 0.30%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include VIB, HIGH, and JASMY, up by 31%, 15%, and 14%, respectively. Top stories of the day: US Federal Reserve May Cut Interest Rates in Coming Quarters, Predicts Jupiter Asset Management Bitcoin Could Reach New Highs Due To US Unemployment Relief Report And CPI, Says QCP Capital Analyst Binance Research: Total Cryptocurrency Market Value Increased by 8.6% in May, While NFT Market Declined Market movers: ETH: $3812.49 (-1.03%) BNB: $702 (-0.31%) SOL: $171.84 (-0.80%) XRP: $0.5232 (-0.17%) DOGE: $0.16109 (-0.70%) ADA: $0.4685 (+2.09%) SHIB: $0.00002522 (-1.68%) AVAX: $35.98 (-1.91%) WBTC: $71158.04 (+0.20%) LINK: $17.527 (+0.79%) Top gainers on Binance: VIB/USDT (+31%) HIGH/USDT (+15%) JASMY/USDT (+14%)