Binance Market Update: Crypto Market Trends | August 2, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.69T, down by 1.86% over the last. 24 hours.Bitcoin (BTC) has been trading between $112,723 and $116,019 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $113,719, down by 1.38%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include MAGIC, IDEX, and FIS, up by 43%, 15%, and 15%, respectively.Top stories of the day:From Layer-1 to Ethereum Layer-2: Celo Talks CELO Token, Mobile Payments, and the Future of Web3 SEC Plans Nationwide Roundtable Meetings to Enhance Crypto Regulation Dialogue Trump to Initiate Bitcoin Reserve Plan Soon, Says Advisor Probability of September Fed Rate Cut Increases Significantly Dollar Posts Strongest Weekly Gain in Three Years as Trump Tariffs Show Limited Economic Impact US Non-Farm Payrolls: Market Eyes 110K Jobs as Key Test for Fed Rate Cut Outlook US Global Average Tariff Rate Rises to 18%, RBC Says $450B Revenue Could Narrow Fiscal Deficit Macro Outlook: New York Fed Inflation Forecast and Trump’s Tariff “Final Battle” in Focus Market Anticipates Fed Rate Cut Amid Weak Jobs Report and New Tariffs Global Markets React to U.S.-EU Trade Developments Amid Economic UncertaintyMarket movers:ETH: $3491.59 (-4.01%)XRP: $2.9629 (+0.92%)BNB: $753.2 (-2.28%)SOL: $163.7 (-2.57%)DOGE: $0.19885 (-3.45%)TRX: $0.3266 (+0.25%)ADA: $0.7144 (-1.38%)WBTC: $113637.9 (-1.40%)XLM: $0.3824 (-1.80%)BCH: $536.3 (-3.68%)