Binance Market Update (2023-12-27)

The global cryptocurrency market cap now stands at $1.65T, down by -0.66% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $41,638 and $42,828 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $42,700, up by 0.12%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include BSW, QUICK, and MLN, up by 42%, 35%, and 33%, respectively.

Top stories of the day:

• Binance Surpasses 170 Million Users

• Nigeria's Central Bank Reverses Crypto Ban, Boosting Adoption Prospects 

• MicroStrategy Acquires 14,620 More Bitcoins Ahead of Potential Spot ETF Approval 

• Spot Bitcoin ETF Approval Risks Creation of 'Millions of Unbacked BTC,' Says Analyst 

• Kyber Network DeFi Platform Faces Challenges After $46 Million Hack 

• New York Times Sues OpenAI and Microsoft for Copyright Infringement 

• Bitcoin Futures Smart Money Index Hits Record High Ahead of SEC's Spot ETF Decision 

• Tether Market Cap Reaches Record $91 Billion Amid Expansion Initiatives 

• Thunder Attackers Demand 50 Ethereum for Data Deletion 

• Over 100 Project Teams Express Interest in Developing Stablecoins in Hong Kong

Market movers:

• ETH: $2248.71 (+0.61%)

• SOL: $112.05 (-1.29%)

• BNB: $297.3 (+7.44%)

• XRP: $0.6243 (+0.56%)

• ADA: $0.6052 (-0.10%)

• AVAX: $43.84 (-5.23%)

• DOGE: $0.09217 (-0.02%)

• DOT: $8.952 (-0.47%)

• MATIC: $1.0738 (+23.51%)

• TRX: $0.10391 (-0.75%)

Top gainers on Binance:

• BSW/USDT (+42%)

• QUICK/USDT (+35%)

• MLN/USDT (+33%)