Binance Market Update (2024-02-08)

The global cryptocurrency market cap now stands at $1.65T, up by 0.09% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $42,838 and $44,780 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $44,647, up by 3.92%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BTTC, DYM, and OM, up by 32%, 31%, and 18%, respectively.

Top stories of the day:

• Binance Labs Fund Proceeds with Evaluations for the MVB Accelerator Program Season 7 

• Critical Vulnerability Detected in WordPress Crypto Widget Plugin, Could Leak Sensitive Information 

• Hong Kong Launches Public Consultation on Licensing System for Virtual Asset OTC Service Providers 

• Ripple Price Analysis: Key Metrics and SEC Lawsuit Impact 

• Grayscale's GBTC Faces Competition from Blackrock and Fidelity Spot Bitcoin ETFs: JPMorgan 

• Solana Faces Key Resistance Level, Breakout Appears Imminent 

• CME Derivatives Trading Volume Surges Amid US Spot Bitcoin ETF Approval 

• South Korean Game Company Wemade Under Investigation for Alleged Legal Violations 

• NBA Sued Over Marketing Ties with Failed Crypto Lender Voyager Digital 

• BlackRock's Bitcoin ETF Volume Peaks, Crossing the $1B Mark

Market movers:

• ETH: $2421.29 (+2.38%)

• BNB: $316 (+4.12%)

• SOL: $101.5 (+6.41%)

• XRP: $0.5127 (+2.36%)

• ADA: $0.5227 (+8.56%)

• AVAX: $35.42 (+3.60%)

• DOGE: $0.07997 (+1.89%)

• LINK: $18.902 (+2.21%)

• TRX: $0.12218 (-2.45%)

• DOT: $6.941 (+2.98%)

Top gainers on Binance:

• BTTC/USDT (+32%)

• DYM/USDT (+31%)

• OM/USDT (+18%)