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Binance Market Update (2024-07-06)

The global cryptocurrency market cap now stands at $2.32T, up by 2.10% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $54,317 and $57,040 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $56,476, up by 3.90%.

Most major cryptocurrencies by market cap are trading higher. Market outperformers include ZRO, STMX, and UNFI, up by 43%, 28%, and 27%, respectively.

US Bitcoin Spot ETFs Increase Holdings by 166 BTC

July’s Federal Reserve Meeting Anticipated to be More Interesting Following June’s Employment Report

CoinDesk 20 Index Experiences 5.7% Drop, All Assets Trading Lower 

U.S. June Nonfarm Payrolls Surpass Expectations, Reach 206,000

United Kingdom High Court Issues Global Freezing Order Against Craig Wright

US Job Market Shows Strength in June Despite Slight Dip

Matrixport Predicts Potential Interest Rate Cuts By Federal Reserve

US Unemployment Rate Announcement Expected to Impact Cryptocurrency Market 

Bitcoin Mining Difficulty Adjusts Downwards By 5% To 79.5 T 

US Federal Reserve’s Semi-Annual Monetary Policy Report Indicates Progress in Inflation

ETH: $2988.68 (+4.08%)

BNB: $506 (+8.24%)

SOL: $137.7 (+10.05%)

XRP: $0.4308 (+6.50%)

DOGE: $0.10774 (+11.90%)

ADA: $0.3502 (+5.42%)

TRX: $0.12888 (+5.51%)

AVAX: $25.38 (+9.16%)

SHIB: $0.00001529 (+15.40%)

WBTC: $56503.6 (+4.24%)

ZRO/USDT (+43%)

STMX/USDT (+28%)

UNFI/USDT (+27%)

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