Binance Market Update (2024-06-08)

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 $68,420 and $71,997 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,448, down by -2.47%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include WING, W, and KNC, up by 11%, 9%, and 7%, respectively. Top stories of the day: ETF Analyst James Seyffart Calls for Transparency in SEC's Ethereum ETF Approval Process Coindesk 20 Index Drops 1.3% With Only BTC and ADA Showing Growth ECB Cuts Interest Rates to Aid Inflation Target Restoration U.S. Bitcoin Spot ETF Records 19 Straight Days of Net Inflows, $132 Million Added Yesterday Russia to Implement Digital Ruble for International Transactions by Late 2025, Says Top Financial Official QCP Capital: Rising Unemployment and Strong Non-Farm Data Fuel Risk Aversion, Present "Buy the Dip" Opportunities June 7 Sees 3,689 BTC Inflows to 9 ETFs, BlackRock and ARK 21Share Lead Market Movements Strong U.S. Non-Farm Payrolls Data in May Diminishes Hopes for Federal Reserve September Rate Cut Market movers: ETH: $3693.22 (-3.13%) BNB: $691.7 (-1.47%) SOL: $162.3 (-5.55%) XRP: $0.498 (-4.83%) DOGE: $0.14758 (-8.38%) ADA: $0.4421 (-5.64%) SHIB: $0.00002383 (-5.47%) AVAX: $33.34 (-7.34%) WBTC: $69426.45 (-2.43%) TRX: $0.11359 (-0.64%) Top gainers on Binance: WING/USDT (+11%) W/USDT (+9%) KNC/USDT (+7%)