Binance Market Update (2025-10-17)

The global cryptocurrency market cap now stands at $3.76T, down by -2.28% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $104,505 and $111,982 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $105,104, down by -5.02%. Most major cryptocurrencies by market cap are trading lower. Market outperformers include ZKC, DEGO, and PAXG, up by 63%, 24%, and 4%, respectively. Top stories of the day: IMF Chief Highlights Rapid Digitalization of Fiat Currencies Gold Prices Surge Amid Market Volatility Florida Proposes Bill to Invest in Digital Assets VanEck Submits Application for Lido Staked Ethereum ETF U.S. September Consumer Demand Slows, Economic Indicators Show Bitcoin's October Returns Show Decline Amid Historical Trends Traders Anticipate Two More Fed Rate Cuts by End of 2025 U.S. Two-Year Treasury Yield Falls Below 3.44% for First Time Since April Public Companies Reach Record Bitcoin Holdings of $117 Billion Market movers: ETH: $3742.71 (-6.14%) BNB: $1045.39 (-11.91%) XRP: $2.2321 (-6.79%) SOL: $177.63 (-7.72%) TRX: $0.3071 (-4.54%) DOGE: $0.17864 (-8.89%) ADA: $0.6051 (-9.28%) WBTC: $105140.53 (-4.97%) WLFI: $0.1254 (-10.24%) LINK: $16.01 (-10.86%) Top gainers on Binance: ZKC/USDT (+63%) DEGO/USDT (+24%) PAXG/USDT (+4%)