Binance Market Update: Top Stories February 5, 2025

According to CoinMarketCap data, the global crypto market cap is $3.22T, a 0.41% decrease over the last day

Bitcoin (BTC) traded between $96,150 and $100,778 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $97,782, down by 0.84%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include FORTH, SPELL, and AMP, up by 53%, 20%, and 17%, respectively.

Top stories of the day:

• Messari BNB Chain Q4 Report: Market Cap Soars to $101.09B, DeFi TVL Hits $5.35B Amidst 114% Annual Growth

• 22 U.S. States Introduce Bitcoin and Digital Asset Legislation

• Bitcoin Miners: Revenue Surges 41% to $3.7 Billion Amid BTC Price Boom

• Bitcoin Network Sees Slight Hashrate Increase Amid Decreased Mining Difficulty

• Surge in Bitcoin Spot ETFs with $341 Million Net Inflows

• Ark Invest Predicts Bitcoin Price Targets for 2030

• Potential Bitcoin Reserves Discussed by Government Task Force

• Anthony Scaramucci: U.S. Expected to Pass Cryptocurrency Legislation by November 2025

• U.S. Congress to Establish Cryptocurrency Task Force

• Morgan Stanley Economists Adjust U.S. Interest Rate Forecast

Market movers:

ETH: $2772.47 (+2.34%)

XRP: $2.5238 (-0.38%)

SOL: $204.49 (-0.33%)

BNB: $571.62 (-0.73%)

DOGE: $0.26581 (+0.73%)

ADA: $0.7533 (+2.35%)

TRX: $0.2259 (+3.53%)

TRUMP: $18.13 (+7.53%)

WBTC: $97759.49 (-0.95%)

LINK: $19.66 (-0.66%)