Binance Market Update: Cryptocurrency Market Trends | February 23, 2025
According to CoinMarketCap, the global cryptocurrency market capitalization currently stands at $3.19 trillion, up 0.53% over the past day.
Bitcoin (BTC) has traded between $96,144 and $96,980 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $96,313, down 0.05%.
Most major cryptocurrencies by market capitalization are trading mixed. Among market leaders are TST, GLM, and TRU, with increases of 54%, 27%, and 20%, respectively.
Main news of the day:
Ether price surged after reports of Bybit buying ETH
Bybit CEO calls on EXCH to reconsider stance on hacked funds
Data shows gradual recovery of Ethereum reserves on Bybit
Update on Bybit hack: Lazarus Group consolidates stolen Bybit funds in hacker's Phemex wallet, Onchain data shows
CZ: My principle is to always err on the side of caution
Ethereum layer two networks see an increase in total locked value
Bloomberg analyst: Probability of Litecoin ETF approval reaches 90%
Thailand plans to issue digital bonds for the public
Market volatility persists amid concerns over tariffs and economic data
Market drivers:
ETH: $2800.19 (+3.46%)
XRP: $2.5735 (-0.10%)
BNB: $662.81 (+0.93%)
SOL: $171.31 (-0.63%)
DOGE: $0.24548 (+0.51%)
ADA: $0.7773 (+1.66%)
TRX: $0.2422 (+2.15%)
TRUMP: $16.21 (+0.12%)
WBTC: $96195.98 (-0.05%)
LINK: $17.93 (+2.40%)