Binance Market News Today

According to CoinMarketCap statistics, the worldwide cryptocurrency market cap is now $1.03T, up 5.72% in the previous day. Over the last 24 hours, Bitcoin (BTC) has traded between $19,011 and $20,970. BTC is now trading at $20,790, up 8.10% as of 09:00 AM (UTC). The majority of the top cryptocurrencies by market capitalization are trading in a volatile manner. POLY, GLM, and RVN have outperformed the market, increasing by 64%, 25%, and 23%, respectively. Today’s top stories: Market Highlights for the Week of September 9th, 2022 Indian FM Sitharaman to Meet with IMF Chief to Discuss Crypto RegulationNFT Weekly Highlights (3 Sep – 9 Sep) Less of the White House.

The U.S. dollar dropped on Friday, while equities rose at the same time, helping Bitcoin rise, pushing again above the $20,000 level.

The biggest cryptocurrency in the world was last trading 8.7% higher at $20,974.00 after earlier in the week plummeting to its lowest point since mid-June. Earlier in the day, Bitcoin briefly climbed beyond $21,000.

Ether, which increased by almost 4%, was among the other digital currency that were higher. The value of the whole cryptocurrency market surged back above $1 trillion.

The U.S. dollar, which has witnessed a phenomenal surge this year, has somewhat weakened, which has prompted the current move upward for bitcoin. On Friday morning, the U.S. dollar index, which compares the dollar to a basket of other currencies, was down around 1%.

U.S. market indices ended the day Thursday with gains, while Friday saw gains in futures. Bitcoin and U.S. markets have a strong relationship, frequently increasing in tandem with stock indices. When the dollar declines, Bitcoin likewise tends to increase.

Since June, Bitcoin has been fluctuating between $18,000 and $24,000 and has been unable to break this pattern.

A “bearish retest” of the $22,500 to $23,000 price range, according to Vijay Ayyar, vice president of business development and international at cryptocurrency exchange Luno, may have occurred on Friday.

BAYC outperforms with $490,000 in sales in 48 hours.

BAYC has outperformed once again, giving the NFT world cause to value its worth. The Apes have done exceptionally well in the previous 48 hours, collecting $490,000 in sales. Find out more about the Apes that have been sold, as well as their details.#9357A user called Godfather65 purchased this Ape with a blue backdrop. It is clad in caveman pelt, an extremely unusual characteristic shared by only 2% of Apes. It also wears a fez, which is an uncommon characteristic shared by just 4% of Apes. The fur is an unusual tan hue that only 6% of Apes have. The lips is unshaven and the eyelids are closed, both of which are acquired characteristics.

The IMF wants a global cryptocurrency regulatory framework.

 

Binance Market News

According to the Binance Market News a September paper by two top IMF executives, cryptocurrency should be controlled consistently across global borders. Is the IMF capable of coordinating regulation? The International Monetary Fund is attempting to spread its tentacles far and wide in order to achieve some kind of global consensus on how to regulate the cryptocurrency sector. A September report was written by Aditya Narain, Deputy Director of the IMF Monetary and Capital Markets Department, and Marina Moretti, Assistant Director of the same department.

In a new report, the White House advocates for greener cryptocurrency mining.

Binance Market News

White House: According to a new assessment, crypto-asset technologies are significantly contributing to greenhouse gas emissions, pollution, noise, and other local consequences. This has hampered the government agency’s efforts to attain net-zero carbon emissions in accordance with the United States’ climate pledges and aspirations. The report from the White House Office of Science and Technology was in response to President Joe Biden’s executive order. The order shed light on crypto assets’ difficulties and prospects in regard to energy and climate change issues in the United States. The White House Important Recommendations Among the most important

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