Binance Market Update (2025-11-07)

The global cryptocurrency market cap now stands at $3.43T, up by 1.26% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $100,301 and $103,626 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $100,965, down by -1.95%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SAPIEN, FIL, and SCRT, up by 178%, 63%, and 46%, respectively. Top stories of the day: U.S. Government Shutdown Delays October Employment Data Release CryptoQuant: Bitcoin Futures-Spot Price Spread Turns Negative Market Stabilization Expected After Recent Downturn, Analyst Predicts Altcoins News Today: Hedera (HBAR) Holds at $0.167 After Support Test; Double-Bottom Pattern Suggests Upside to $0.173 Altcoins News: Stellar (XLM) Reverses Below $0.28 after Resistance Rejection—Support at $0.27 at Risk Altcoins News: Internet Computer (ICP) Breaks Out Above $7.00 with 34% Surge as Volume Triples Former Fed Trader Joseph Wang Predicts Balance Sheet Expansion by Year-End to Maintain Rate Control Wintermute Warns Crypto Liquidity Has Stalled — “Money Has Stopped Flowing In” U.S. Stock Market Experiences Significant Divergence Market movers: ETH: $3304.58 (-2.43%) BNB: $957.28 (+0.39%) XRP: $2.197 (-4.84%) SOL: $154.92 (-2.78%) TRX: $0.2859 (-0.42%) DOGE: $0.16446 (+0.78%) ADA: $0.5396 (+0.78%) WBTC: $100927.2 (-1.96%) WLFI: $0.1166 (-1.69%) ZEC: $626.82 (+20.96%) Top gainers on Binance: SAPIEN/USDT (+178%) FIL/USDT (+63%) SCRT/USDT (+46%)