Binance Market Update: Crypto Market Trends | May 29, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.43T, up by 0.18% over the last day.Bitcoin (BTC) traded between $106,769 and $109,053 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $108,451, down by 0.14%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SOPH, TRB, and WCT, up by 111%, 25%, and 18%, respectively.Top stories of the day:Bank of Russia Approves Crypto-Linked Derivatives for Qualified InvestorsCrypto Groups Urge SEC to Reconsider DAO RegulationFormer CFTC Chair Advocates for Enhanced Regulatory Authority in Crypto MarketsElon Musk's Departure from U.S. Government Confirmed by White HouseSEC Announces Agenda for Upcoming DeFi RoundtablePakistan to Establish Bitcoin Strategic Reserve Following U.S. ExampleMeta Urged to Consider Bitcoin for Corporate StrategyU.S. Labor Department Reverses Stance on Cryptocurrency in Retirement PlansSEC to Discuss Digital Assets and Tokenization at June 5 Conference Featuring BlackRock, Fidelity, and Franklin TempletonBitcoin's Influence on U.S. Capital Markets GrowsMarket movers:ETH: $2719.31 (+3.33%)XRP: $2.2921 (-0.11%)BNB: $689.59 (+1.07%)SOL: $172.69 (-0.35%)DOGE: $0.22522 (+1.56%)ADA: $0.7519 (+0.28%)TRX: $0.2779 (+1.09%)WBTC: $108328.75 (-0.09%)TRUMP: $12.56 (-0.71%)SUI: $3.6574 (-1.11%)