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 $4B

Bitcoin Price Surges Past $101K as U.S. Legalizes Strategic BTC Reserves and Global Adoption Rises

U.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 Optimism

BNB 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 June

Market 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%)