Binance Market Update (2024-01-14)

The global cryptocurrency market cap now stands at $1.68T, down by -3.89% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $42,505 and $43,257 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $42,888, down by -0.28%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include JTO, PROS, and XAI, up by 24%, 23%, and 20%, respectively.

Top stories of the day:

• MicroStrategy Executive Chairman Sells Shares Amid Bitcoin ETF Approvals 

• Bitcoin Spot ETF Approval Impacts Crypto Market

• South Korea Seeks to Limit Speculative Cash Flow to US Bitcoin ETFs 

• Crypto Job Market Remains Stable Amid Tech Layoffs

• SEC Investigates Unauthorized Access to Official Twitter Account

• Franklin Templeton Focuses on Blockchain and Web3 Projects 

• UniSat Wallet Warns Users of Potential Inscription Loss on Unupgraded Platforms

• Mining Hashrate Increases 104%, Raising Questions on Sustainability and Profitability

• HBAR Committee Approves $3.8 Billion Allocation for Ecosystem Growth 

• Wintermute's OTC Volume Surges by Over 400% in 2023 Despite Market Downturn

Market movers:

• ETH: $2547.76 (+0.09%)

• BNB: $304 (+1.50%)

• SOL: $97.23 (+4.92%)

• XRP: $0.5785 (+0.70%)

• ADA: $0.545 (-0.53%)

• AVAX: $36.79 (+2.79%)

• DOGE: $0.08221 (+2.25%)

• TRX: $0.11676 (+5.68%)

• DOT: $7.645 (-0.38%)

• LINK: $15.156 (+7.52%)

Top gainers on Binance:

• JTO/USDT (+24%)

• PROS/USDT (+23%)

• XAI/USDT (+20%)