Binance Market Update: Top Stories December 9, 2024

According to CoinMarketCap data, the global crypto market cap is $3.56T, a 2.24% decrease over the last day.

Bitcoin (BTC) has traded between $98,328 and $101,351 over the past 24 hours. As of 09:30 AM (UTC) today, it is trading at $98,570, down by 0.73%.

Most major cryptocurrencies by market cap are trading lower. Market outperformers include 1MBABYDOGE, IDEX, and MLN, up by 41%, 39%, and 22%, respectively.

Top stories of the day:

Bitcoin Price Faces Challenges as Long-Term Holders Sell Off Ahead of Potential Market Shift

Analysis: U.S. Stocks and Crypto Markets Remain Active, CPI Data Key to Fed's December Rate Cut

Weekly Token Unlocks: APT, ADA, ENA Among Major Unlock, with APT Valued at $160M

Cardano Foundation's Twitter Account Compromised

Trump Indicates No Plans to Replace Federal Reserve Chair Powell

Dollar Declines Amid Fed Rate Cut Expectations in December

Microsoft Shareholders' Bitcoin Investment Vote Probability Assessed

U.S. Unemployment Rate Rise May Justify Federal Reserve Rate Cut

Bitcoin OTC Supply Insufficient to Meet High Demand, Says Former JPMorgan Strategist

Think Tank Proposes Bitcoin Treasury Strategy to Amazon, Citing Inflation Risks

Market movers:

ETH: $3860.52 (-2.46%)

XRP: $2.3701 (-6.43%)

SOL: $226.29 (-4.05%)

BNB: $708.97 (-4.02%)

DOGE: $0.43036 (-5.72%)

ADA: $1.1167 (-6.36%)

TRX: $0.2933 (-6.11%)

AVAX: $49.8 (-2.47%)

SHIB: $0.00002991 (-5.38%)

TON: $6.418 (-4.59%)$BTC