Binance Market Update: Crypto Market Trends | August 23, 2025
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%)
Binance Market Update: Crypto Market Trends | August 21, 2025
According to CoinMarketCap data, the global cryptocurrency market cap now stands at $3.85T, up by 0.22% over the last 24 hours.Bitcoin (BTC) has been trading between $112,380 and $114,822 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $113,432, down by 0.32%.Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ASR, QTUM, and SCR, up by 31%, 15%, and 13%, respectively.Top stories of the day:Binance Joins Beacon Network as Founding Member to Combat Crypto Crime in Real TimeBNB Price Hits All-Time High at $880 BNB Market Cap Surpasses $120.01BBrazilian Lawmakers Consider Allocating Reserves to Bitcoin Digital Assets Decline as Traders Anticipate Fed Chair's Speech Asian Wealthy Families Increase Cryptocurrency Investments Amid Favorable Trends Federal Reserve Governor Advocates for Crypto Payments Integration Federal Reserve Minutes Highlight Hawkish Sentiment and Data Dependency Senator Lummis Aims to Advance Cryptocurrency Market Structure Bill by Year-End Ethereum Derivatives Market Shows Resilience After Price Drop, Analysts Eye $4,700 RecoveryMarket movers:ETH: $4272.85 (+1.19%)XRP: $2.8927 (-0.10%)BNB: $850.96 (+2.26%)SOL: $184.72 (+1.74%)DOGE: $0.21824 (+1.97%)ADA: $0.8697 (+1.74%)TRX: $0.3531 (+0.86%)LINK: $25.8 (+2.99%)WBTC: $113454.97 (-0.30%)XLM: $0.3966 (-0.55%)