Binance Market Update (2025-05-03)

The global cryptocurrency market cap now stands at $3.01T, up by 1.04% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $96,133 and $97,896 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $96,325, down by -0.40%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include STO, BROCCOLI714, and PSG, up by 113%, 16%, and 15%, respectively.

Top stories of the day:

• Apple Ordered to Drop App Store Fee Restrictions, Opening the Door for Crypto Payments and NFTs

• CME Reports Significant Growth in April Derivatives Trading Volume

• Arizona Governor Vetoes Digital Asset Reserve Bill

• Federal Reserve Likely to Maintain Interest Rates in May

• Stablecoin Market Value Sees Growth Over Past Week

• S&P 500 Achieves Longest Winning Streak Since 2004

• Strong Employment Data Delays Federal Reserve Rate Cut Expectations

• U.S. and Japan to Enhance Trade Discussions

• Key IRS Crypto Project Leaders Depart Amid DOGE Program

• Bitcoin Outperforms Major Indices and Tech Stocks in Recent Surge

• Thumzup Media Plans $200 Million Stock Offering for Bitcoin and Operations

• Cannes Merchants to Embrace Cryptocurrency Payments by Summer 2025

• Market Reacts Positively to Employment Data Amid Tariff Concerns

Market movers:

• ETH: $1826.45 (+0.11%)

• XRP: $2.2001 (-0.42%)

• BNB: $596.7 (-0.30%)

• SOL: $147.62 (-1.39%)

• DOGE: $0.17922 (-0.63%)

• ADA: $0.7015 (-0.67%)

• TRX: $0.2487 (+1.55%)

• TRUMP: $12.87 (+2.88%)

• WBTC: $96285.98 (-0.38%)

• SUI: $3.3886 (-2.25%)

Top gainers on Binance:

• STO/USDT (+113%)

• BROCCOLI714/USDT (+16%)

• PSG/USDT (+15%)