The global cryptocurrency market cap currently stands at $2.85 trillion, reflecting a decrease of 2.50% over the past day. Bitcoin (BTC) has shown fluctuations within the range of $78,259 to $87,078 in the last 24 hours. As of 9:30 AM (UTC) today, the trading price for BTC is noted at $80,362, a drop of 6.76%.
Looking at the broader market, most major cryptocurrencies by market capitalization are witnessing declines. However, certain market outperformers have emerged during this period. Specifically, ERN, SHELL, and CKB have seen notable increases, trading up by 57%, 31%, and 14% respectively. In more detail, the top stories this day include the leading advancements within the BNB Chain as it propels into AI-powered Web3 applications and the recent declaration by the U.S.
SEC that memecoins should not be classified as securities, effectively placing the onus of risk onto investors. Focusing on market movers, the following cryptocurrencies are under observation: - Ethereum (ETH) trades at $2143.13 with a notable decline of 9.10%. - XRP is priced at $2.0443, having fallen by 8.43%. - Binance Coin (BNB) is currently at $577.55, down by 6.25%. - Solana (SOL) is trading at $132.56, experiencing a drop of 5.64%. - Dogecoin (DOGE) is marked at $0.18799, reflecting a substantial decrease of 10.24%. - Cardano (ADA) is trading at $0.6047, showing a decline of 9.67%. - TRON (TRX) stands at $0.2208, down by 3.62%. - Interestingly, the token TRUMP is trading at $11.43, down by 13.21%. - Wrapped Bitcoin (WBTC) is noted at $80230.86, marking a drop of 6.81%. - Litecoin (LTC) has descended to $120.03, with a decline of 7.31%.
On the Binance platform, the top gainers are highlighted as follows: ERN/USDT shows a remarkable gain of 57%, SHELL/USDT follows closely with a 31% increase, and CKB/USDT rounds up the list with a 14% rise. As the market continues to evolve, staying abreast of these changes is vital for both new and experienced investors alike, ensuring informed investment decisions in this volatile environment..