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According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.99T, up by 4.76% over the last 24 hours.Bitcoin (BTC) has been trading between $111,685 and $117,429 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $115,610, up by 2.34%.Most major cryptocurrencies by market cap are trading higher. Market outperformers include MEME, BAND, and BOME, up by 72%, 33%, and 29%, respectively.Top stories of the day:Financial Firms Update Spot XRP ETF Proposals Amid SEC FeedbackDeutsche Bank Predicts Federal Reserve Rate Cuts in September and December Powell's Dovish Remarks Trigger Market Surge SEC Cryptocurrency Task Force Hosts Nationwide Roundtable Series Tom Lee: Ethereum Has Over 50% Chance of Surpassing Bitcoin’s Market Cap Crypto Market Sentiment Shifts to Greed Amid Speculation of Federal Reserve Rate Cuts Federal Reserve Considers Comprehensive Interest Rate Strategy Amid Inflation Concerns Hong Kong to Implement Basel Crypto Asset Regulations in 2026 Digital Asset Treasury Companies Face Market Shift, Says Ledn CEOMarket movers:ETH: $4718.46 (+9.36%)XRP: $3.0447 (+6.47%)BNB: $889.45 (+4.50%)SOL: $203.61 (+11.26%)DOGE: $0.23706 (+9.23%)ADA: $0.9159 (+7.70%)TRX: $0.3609 (+1.18%)LINK: $25.69 (+3.34%)WBTC: $115657.58 (+2.35%)XLM: $0.4133 (+5.11%)