Binance Market Update (2024-09-17)

The global cryptocurrency market cap now stands at $2.05T, down by -2.46% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $57,493 and $58,971 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $58,740, down by -0.16%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include NEIRO, 1MBABYDOGE, and TURBO, up by 1189%, 120%, and 53%, respectively. Top stories of the day: Bitcoin Holds Steady at $58K as Odds of Bigger Fed Rate Cuts Rise to 67% Bhutan Holds Twice as Much Bitcoin as El Salvador, Reports Arkham Market Sentiment Improves Amid Optimism Over Federal Reserve Rate Cuts UK Finance Explores Blockchain-Based Ledger For Payments And Settlements Qatar Financial Centre Launches Digital Asset Lab Bitcoin Price Outlook: Analysts Predict a Swing Between $53K and $65K After Fed Rate Decision Australian Stock Market Hits Record High Amid Fed Rate Cut Expectations Celsius Ex-CEO Faces Potential 115-Year Sentence SEC Members to Testify Before House Financial Services Committee Dollar Expected to Rebound Amid Retail Sales Data snd Fed Rate Decision Goldman Sachs Reaffirms Bullish Gold Price Outlook Amid Fed Rate Cut Expectations MicroStrategy Announces Third Debt Offering of 2024 to Raise $700 Million BIS Launches Project Agorá To Enhance Cross-Border Payments Through Tokenization BlackRock Strategist Shifts Stance on Short-Term U.S. Treasuries X Payments Secures Money Transfer License in Oklahoma Tether USDT Dominates Stablecoin Market With 75% Share New York Fed Manufacturing Index Hits Highest Level Since April 2022 CoinShares Reports $436 Million Inflows into Digital Asset Investment Products Last Week Mitsubishi UFJ Predicts Limited Dollar Recovery Despite Fed Rate Cut Total Cryptocurrency Market Value Surpasses $2.04 Trillion, Bitcoin Accounts for 56.8% Morgan Stanley Analysts: Weaker U.S. Employment Data Could Trigger Risk-Off Trading BNP Paribas Predicts U.S. Bonds Will Outperform European Bonds in Q4 Crypto Markets Fall After Failed Trump Assassination Attempt and Long Position Liquidations QCP Capital: Market Volatility Increases, Macro Data Impact Amplified Amid Uncertainty Citigroup Warns: Trump and Harris Policies Could Negatively Impact U.S. Stock Market PlanB: Bitcoin Bull Market Has Yet to Arrive, Miners Need Price to Double MUFG Analysts: Bank of England Rate Cut May Have Limited Impact on Pound Minsheng Securities: Gold Prices Reach New Highs as Fed Rate Cuts Loom Market movers: ETH: $2305.41 (+0.02%) BNB: $538.4 (-1.86%) SOL: $131.85 (+0.14%) XRP: $0.588 (+2.73%) DOGE: $0.10043 (-1.84%) TON: $5.484 (-1.19%) TRX: $0.1501 (+0.81%) ADA: $0.3329 (-0.45%) AVAX: $23.74 (-1.21%) WBTC: $58681.72 (-0.17%) Top gainers on Binance: NEIRO/USDT (+1189%) 1MBABYDOGE/USDT (+120%) TURBO/USDT (+53%)