Binance Market Update (2023-11-20)

The global cryptocurrency market cap now stands at $1.39T, up by 1.04% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $36,384 and $37,500 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $37,181, up by 1.50%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SKL, SNX, and FET, up by 27%, 23%, and 21%, respectively.

Top stories of the day:

• BNB Chain’s Scaling Solution opBNB Gains Rapid Market Share and User Base Within First Month of Launch 

• Eric Balchunas: ARK Invest’s Bitcoin ETF to Charge 0.80% Sponsor Fee 

• CoinDesk Acquired by Bullish, Crypto Exchange Led by Former NYSE President 

• Bitcoin Surges Following Argentina's Presidential Election, AI-Focused Tokens Rise as Market Waits on Federal Reserve

• Departed OpenAI CEO Sam Altman Gains Support: Dozens of OpenAI Employees to Join His Microsoft Team 

• Bitcoin ETF Hype Leads Wall Street to Anticipate $100 Billion Crypto Potential 

• BlackRock Rehauls Lobbying Unit Amid Regulatory Challenges and Reputation Management: Leaked Memo Reveals 

• Poloniex Confirms Hacker's Identity and Offers Final Bounty of $10M 

• CoinShares: Digital Asset Fund Sees Continued Inflows with a Substantial Increase in ETP Share 

• Santander Private Bank Offers Bitcoin, Ethereum Trading for Swiss Account Holders

Market movers:

• ETH: $2026.54 (+3.34%)

• BNB: $247.7 (+1.31%)

• XRP: $0.6235 (+2.06%)

• SOL: $59.94 (-2.19%)

• ADA: $0.3908 (+4.41%)

• DOGE: $0.08091 (+2.40%)

• TRX: $0.10456 (+1.77%)

• LINK: $15.201 (+6.91%)

• AVAX: $22.42 (+1.17%)

• MATIC: $0.8584 (+3.05%)

Top gainers on Binance:

• SKL/USDT (+27%)

• SNX/USDT (+23%)

• FET/USDT (+21%)