📈 Crypto Market Overview (May 11, 2025)
Global Market Cap: $3.34 trillion, up by 1.3% in the last 24 hours.
Bitcoin (BTC): Trading between $103,005 and $104,985; currently at $104,310.
Top Gainers: $ETHFI (+44%), $INIT (+38%), and $PARTI (+38%).
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🔥 Trending Altcoin: $SOLCEX
What is it? Native token of Solcex Exchange, the first centralized exchange built on Solana.
Recent Performance: Price surged over 100% from March lows, now trading above $0.005.
Why It Matters: Offers trading discounts, staking, and potential launchpad access.
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🧠 Binance Research Highlights
Market Growth: April saw a 10.8% increase in crypto market cap, partly due to a 90-day pause on U.S. tariffs.
Bitcoin's Role: Demonstrated resilience and independence from traditional markets.
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🆕 New Features & Listings
Timed Red Packet: Binance introduces a new gifting feature for enhanced user experience.
Upcoming Listings: Doodles (DOOD) will open for trading on Binance Alpha and Futures.
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🌍 Global Developments
El Salvador: Continues Bitcoin accumulation amid IMF agreements.
Cathie Wood: Predicts economic recovery and Bitcoin's future growth.
Michael Saylor: Advocates for Bitcoin's role in global economies.