Binance Market Update: Crypto Market Trends | February 28, 2025
According to CoinMarketCap data, the global crypto market cap is $2.67T, a 6.68% decrease over the last dayBitcoin (BTC) traded between $78,259 and $87,078 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $80,362, down by -6.76%.Most major cryptocurrencies by market cap are trading lower. Market outperformers include ERN, SHELL, and CKB, up by 57%, 31%, and 14%, respectively.Top stories of the day:BNB Chain Leads the Way in AI-Powered Web3: An In-Depth LookU.S. SEC Declares Memecoins Are Not Securities, Investors Must Assume Full Risk Federal Reserve Official Rules out Interest Rate Hike Arizona Senate Advances Cryptocurrency Reserve Bills Matrixport Report: Bitcoin ETFs Face Pressure from Stronger U.S. Dollar and Hedge Fund Unwinding Bitcoin May Experience Long-Term Consolidation, Says CryptoQuant CEO Bitcoin Market Sees Surge in 'Buy The Dip' Discussions Amid Price Drop Standard Chartered Predicts Bitcoin Could Reach $500,000 Before Trump's Departure U.S. Core PCE Price Index Sees Slight Increase in Fourth Quarter Pakistan Establishes National Cryptocurrency CouncilMarket movers:ETH: $2143.13 (-9.10%)XRP: $2.0443 (-8.43%)BNB: $577.55 (-6.25%)SOL: $132.56 (-5.64%)DOGE: $0.18799 (-10.24%)ADA: $0.6047 (-9.67%)TRX: $0.2208 (-3.62%)TRUMP: $11.43 (-13.21%)WBTC: $80230.86 (-6.81%)LTC: $120.03 (-7.31%)