Binance Market Update (2025-07-04)

The global cryptocurrency market cap now stands at $3.40T, up by 2.89% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $108,519 and $110,529 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $109,033, down by -0.85%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include FUN, GUN, and BROCCOLI714, up by 29%, 17%, and 15%, respectively. Top stories of the day: Mitsui Sumitomo Bank Launches HOOPSLINK to Foster Web3 and AI Innovation Cathie Wood Affirms Bitcoin Bull Market Status Bitcoin News: Bitcoin Must Hold $108K or Risk Drop Below $100K, Analyst Warns BNB News: Chinese Chipmaker Nano Labs Begins $1B BNB Stockpiling Plan with $50M Purchase U.S. to Implement New Tariff Notifications by Friday Cryptocurrency Holdings Concentrated Among Top Wallets U.S. House to Review Key Cryptocurrency Legislation Fitch Director Predicts U.S. Deficit to Exceed 7% of GDP Next Year IMF Warns Trump's Tax Plan May Complicate Debt Reduction Efforts U.S. Treasury Secretary Predicts Numerous Trade Agreements by July U.S. Treasury Secretary Dismisses Concerns Over Dollar's Decline U.S. House Approves Major Tax and Spending Bill IBIT ETF Emerges as Third Highest Revenue Fund for BlackRock Bitcoin News: Bitcoin Reverses From $110K as Hot U.S. Jobs Data Dims July Rate Cut Hopes U.S. Faces Potential Period of Elevated Inflation, Says Fed Official Market movers: ETH: $2556.3 (-1.82%) XRP: $2.2304 (-2.24%) BNB: $658.44 (-0.72%) SOL: $150.76 (-3.13%) TRX: $0.2867 (+1.27%) DOGE: $0.16738 (-4.09%) ADA: $0.5833 (-3.81%) WBTC: $108957.54 (-0.85%) BCH: $478.7 (-5.21%) SUI: $2.9367 (-3.61%) Top gainers on Binance: FUN/USDT (+29%) GUN/USDT (+17%) BROCCOLI714/USDT (+15%)