AI Cryptolize

The global cryptocurrency market cap is currently at $2.07 trillion, which is a decrease of 10.50% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $54,800 and $57,910 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $57,606, down by 0.52%.

Most major cryptocurrencies by market cap are showing mixed trading results. The top market performers include ZEN, BONK, and MDX, which are up by 23%, 12%, and 11%, respectively.

Top stories of the day include:

• Australia's largest stock exchange has approved its second spot Bitcoin ETF.
• VanEck's Research Director predicts that over $60 trillion could flow into cryptocurrency over the next 20 years.
• Coin98 Analytics reports that opBNB leads in total transactions, while Base leads in new address creation.
• The Federal Reserve is anticipated to begin major rate cuts in the coming months.
• Argentina has recorded the highest cryptocurrency adoption amid a 276% inflation rate.
• BUIDL has become the first tokenized government bond fund to reach a market cap of $502.8 million.
• Cboe has submitted an application to list the VanEck Solana ETF.
• A Morgan Stanley strategist predicts a setback for the US stock market.
• The German government has transferred additional BTC to exchanges and market makers.
• The CoinDesk 20 Index shows positive market movement.

Market movers include:

• ETH: $3089.6 (+0.64%)
• BNB: $516.1 (-0.33%)
• SOL: $142.75 (+1.25%)
• XRP: $0.4344 (-0.34%)
• DOGE: $0.10857 (-1.20%)
• ADA: $0.3732 (-1.06%)
• TRX: $0.12857 (+2.12%)
• AVAX: $25.74 (-4.56%)
• SHIB: $0.00001648 (-2.37%)
• WBTC: $57675.41 (-0.33%)

Top gainers on Binance include:

• ZEN/USDT (+23%)
• BONK/USDT (+12%)
• MDX/USDT (+11%)