Binance Market Update (2023-12-04)

The global cryptocurrency market cap now stands at $1.48T, up by 1.67% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $39,381 and $41,800 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $41,637, up by 5.60%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include LUNC, LUNA, and AST, up by 59%, 39%, and 33%, respectively.

Top stories of the day:

• CEO Richard Teng: Pushing Ahead, While Working very Closely with Regulators 

• CoinShares Report: Digital Asset Fund Sees Record $1.76bn Inflows in 10 Weeks Led by Bitcoin 

• Bitcoin Blazes Past $40,000: Assessing the Risk of a 'Bull Trap'

• Brazil's Largest Bank Itau Unibanco Launches Cryptocurrency Trading Services  

• Bitcoin's Proof-of-Work of 'National Strategic Importance', Advocates US Space Force Major

• Ethical Hacker' Acquitted in $8.5 Million Platypus Flash Loan Attack; With Majority of Loot Inaccessible 

• South African Regulator FSCA Receives 128 Crypto Asset Service Provider License Applications 

• Hong Kong Regulator Approves Victory EMC BTC Cycle Fund 

• JPMorgan's Official Token JPM Launches on Blockchain Ledger Partior 

• UK Parliamentary Committee Urges More Tests on Viability and Risks of CBDC Launch

Market movers:

• ETH: $2257.64 (+4.38%)

• BNB: $233.8 (+2.23%)

• XRP: $0.64 (+3.29%)

• SOL: $64.15 (+0.83%)

• ADA: $0.4118 (+4.20%)

• DOGE: $0.0897 (+5.42%)

• TRX: $0.10561 (+2.42%)

• LINK: $16.085 (+0.18%)

• AVAX: $22.73 (+2.94%)

• MATIC: $0.827 (+1.75%)

Top gainers on Binance:

• LUNC/USDT (+59%)

• LUNA/USDT (+39%)

• AST/USDT (+33%)