The global cryptocurrency market cap currently stands at $2.28 trillion, reflecting a slight decrease of -0.06% over the past day based on data from CoinMarketCap. Bitcoin (BTC) has shown significant price activity, fluctuating between $67,037 and $68,680 in the last 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $68,296, marking an increase of 1.71%. The performance of major cryptocurrencies by market cap has been varied, with notable outperformers being TROY, AST, and API3, which have surged by 86%, 25%, and 15%, respectively. In today's headlines: - A legal expert has raised concerns regarding the SEC's approach to cryptocurrency regulation. - Larry Fink, CEO of BlackRock, has characterized Bitcoin as an international asset. - The Hong Kong Exchange is set to introduce a Virtual Asset Index Series in November 2024. - BTC contract holdings have risen by 3% over the last 24 hours. - TIA, SUI, and OP Tokens are scheduled for significant unlocks next week, with TIA releasing a massive $941 million. - The Bitcoin Policy Institute has argued for Bitcoin to be considered a reserve asset, proposing it as a hedge against inflation and geopolitical risks. - Former President Donald Trump has suggested eliminating federal income tax in favor of tariffs and utilizing Bitcoin to tackle national debt. - Analysts predict that altcoin seasons may lose intensity as the market matures. In highlighting market movers: - ETH: $2,508.19 (+1.61%) - BNB: $591.60 (+1.51%) - SOL: $176.91 (+1.53%) - XRP: $0.518 (+1.11%) - DOGE: $0.14243 (+3.50%) - TRX: $0.164 (-0.91%) - TON: $4.976 (+0.67%) - ADA: $0.3355 (+0.99%) - AVAX: $25.81 (+1.69%) - WBTC: $68,203.80 (+1.71%) Top gainers on Binance include: - TROY/USDT (+86%) - AST/USDT (+25%) - API3/USDT (+15%).