Binance Market Update (2024-01-01)

The global cryptocurrency market cap now stands at $1.67T, up by 2.14% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $42,056 and $42,899 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $42,598, down by -0.31%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include ALCX, KP3R, and 1INCH, up by 38%, 28%, and 25%, respectively.

Top stories of the day:

• Ripple Expert Debunks Common Misconceptions About XRP Ledger 

• Orbit Bridge Suffers Loss of At Least $81.5 Million Due to Potential Vulnerability  

• Bitcoin Mining Stocks Outperform Tech Giants in 2023

• UniSat Wallet Advises Caution Due to Atomicals Node Delays 

• ENS New Domain Registrations Decrease by 9.09% in December 2023

• Synthetix Founder Reports $2 Million Loss for SNX Stakers in TRB Event 

• Cryptocurrency Liquidations Reach $156 Million in 12 Hours 

• Baltimore Aims to Speed Up Foreclosure Process with $225,000 Blockchain Project 

• Crypto Commercials Make a Comeback as Bitcoin ETF Race Heats Up 

• BTC Targets $42K Year-End Close in 2023 Amid ETF Speculation; Ethereum Expected to Outperform Bitcoin in 2024

Market movers:

• ETH: $2289.8 (-0.74%)

• BNB: $311.4 (-3.32%)

• SOL: $102.37 (-2.35%)

• XRP: $0.6164 (-1.27%)

• ADA: $0.6002 (-1.32%)

• AVAX: $38.84 (-3.72%)

• DOGE: $0.08968 (-1.22%)

• DOT: $8.197 (-4.58%)

• TRX: $0.10724 (+0.71%)

• MATIC: $0.9812 (+0.81%)

Top gainers on Binance:

• ALCX/USDT (+38%)

• KP3R/USDT (+28%)

• 1INCH/USDT (+25%)