Binance Market Update: Crypto Market Trends | May 9, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.26T, up by 5.54% over the last day.Bitcoin (BTC) traded between $99,091 and $104,361 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $102,524, up by 2.88%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include SXT, PNUT, and PEPE, up by 140%, 56%, and 41%, respectively.Top stories of the day:Bitcoin $120K Forecast May Be Too Modest, Says Standard Chartered as ETF Inflows Top $4BBitcoin Price Surges Past $101K as U.S. Legalizes Strategic BTC Reserves and Global Adoption RisesU.S. and UK to Establish Aluminium and Steel Trade Zone Fed Awaits Clarity Amid Rising Risks, June Rate Cut Unlikely SEC and Ripple Reach Settlement to End Legal Dispute BNB Chain Achieves Record Transaction Speed Ethereum Leads Cryptocurrency Surge Amid Global Trade OptimismBNB Chain and Binance Alpha Show Strong Synergy: 40% Are BSC Native Projects, Weekly Trading Volume Doubles Binance Tops CoinDesk’s April 2025 Exchange Benchmark as Global Market Matures Brazil's B3 to Launch Ethereum and Solana Futures in JuneMarket movers:ETH: $2310.64 (+19.07%)XRP: $2.3435 (+6.29%)BNB: $629.69 (+2.28%)SOL: $164.76 (+7.86%)DOGE: $0.20315 (+10.94%)ADA: $0.7782 (+8.81%)TRX: $0.2588 (+3.27%)TRUMP: $13.75 (+12.70%)WBTC: $102550.93 (+2.96%)SUI: $3.9174 (+5.94%)