Binance Market Update: Top Stories February 8, 2025

According to CoinMarketCap data, the global crypto market cap is $3.12T, a 2.06% decrease over the last day.

Bitcoin (BTC) traded between $95,620 and $100,138 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $96,193, down by 1.12%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CTXC, ARPA, and PROM, up by 14%, 9%, and 8%, respectively.

• Top stories of the day:

• U.S. January Unemployment Rate Falls to New Low

• Few Altcoins Show Strong Correlation with Bitcoin, Says CryptoQuant CEO

• U.S. Treasury Yields End Volatile Week Amid Tariff Concerns

• Hong Kong Approves Ethereum-Based Investment Immigration Application

• Trump Plans to Announce Reciprocal Tariffs Next Week

• Spot Gold Reaches New All-Time High

• SEC Documents Reveal Key Incidents Involving Tesla, Gensler, and Market Impact

• Dollar Index Rises Sharply, Impacting Global Currencies

• Elon Musk Featured On Time Magazine Cover Amid Washington Tensions

• Florida Senator Proposes Bitcoin Investment to Combat Inflation

Market movers:

ETH: $2618.61 (-4.32%)

XRP: $2.3928 (+1.58%)

SOL: $193.4 (-1.41%)

BNB: $578.92 (-1.12%)

DOGE: $0.24776 (-1.82%)

ADA: $0.6951 (-4.48%)

TRX: $0.2336 (+2.28%)

TRUMP: $16.96 (-3.58%)

WBTC: $96026.09 (-1.28%)

LINK: $18.04 (-5.65%)