Binance Market Update (2024-03-16)

The global cryptocurrency market cap now stands at $2.54T, down by -8.72% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $66,540 and $70,650 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $69,108, up by 3.06%. Most major cryptocurrencies by market cap are trading higher. Market outperformers include RAY, JUP, and AMP, up by 83%, 61%, and 37%, respectively. Top stories of the day: Dubai International Financial Centre Enacts New Digital Asset Law  Bitcoin Spot ETFs See $198 Million Inflow, Grayscale ETF GBTC Records $139 Million Outflow  Mozaic Finance Hit by $2.4M Hack via Possible Private Key Compromise  Bitcoin Price Drops 9% from All-Time High Amid Overheated Market Conditions Ethereum Derivatives Remain Strong Amid 10% ETH Price Drop SOL Circulating Market Value Hits Record High of $86.7 Billion  Grayscale Submits Revised Ethereum Trust Form to SEC for NYSE Arca Trading El Salvador Boasts $66 Million Profit from Bitcoin Investment   RuneStone Floor Price Rises to 0.0292 BTC with Total Trading Volume Reaching 278 BTC  Cryptocurrency Market Sees $628 Million Liquidations in 24 Hours Market movers: ETH: $3726.61 (+2.07%) BNB: $614.8 (+9.59%) SOL: $193.07 (+13.72%) XRP: $0.6395 (+3.70%) ADA: $0.7286 (+5.11%) DOGE: $0.162 (+2.38%) AVAX: $60.44 (+21.44%) SHIB: $0.00002916 (+2.10%) DOT: $10.508 (+2.08%) LINK: $19.578 (+2.77%) Top gainers on Binance: RAY/USDT (+83%) JUP/USDT (+61%) AMP/USDT (+37%)

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