According to CoinMarketCap data, the global crypto market cap is $2.84T, a 1.76% decrease over the last day.

Bitcoin (BTC) traded between $85,860 and $88,260 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $87,460, down by 0.58%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ORCA, BANANA, and LINA, up by 16%, 11%, and 10%, respectively.

Top stories of the day:

THENA: Powering DeFi Evolution on BNB Chain With Community-Driven Innovation

Bitcoin Breaks 3-Month Downtrend as GameStop News and Technicals Signal Bullish Shift

Dubai's Crypto Regulation Advances with VARA's Strategic Approach

99% of Crypto Tokens Are Headed to Zero, Says Fund Manager — But Hedge Fund Opportunities Are Just Getting Started 

U.S. Lawmakers Reintroduce Bill to Clarify Legal Distinction Between Crypto Assets and Securities

Trump Plans Reciprocal Tariffs with Lower Rates Than Expected

Federal Reserve's May Rate Decision: High Probability of No Change

Golden Era for Crypto Hedge Fund Investments, Says Amitis Capital CIO

Strategy's New Perpetual Preferred Stock STRF Set to Debut on Nasdaq 

U.S. Senate Advances Bill to Overturn IRS Reporting Rules for DeFi Platforms

Market movers:

ETH: $2024.18 (-1.69%)

XRP: $2.3655 (-4.20%)

BNB: $637.25 (+1.03%)

SOL: $137.69 (-4.53%)

DOGE: $0.19552 (-4.30%)

ADA: $0.7372 (-4.47%)

TRX: $0.2341 (+1.87%)

WBTC: $87343.86 (-0.54%)

TRUMP: $11.45 (-2.80%)

LINK: $15.59 (-1.95%)