Binance Market Update (2026-01-31)

The global cryptocurrency market cap now stands at $2.80T, down by -6.00% over the last day, according to CoinMarketCap data. Bitcoin (BTC) has been trading between $81,871 and $84,621 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $83,048, up by 0.74%. Most major cryptocurrencies by market cap are trading mixed. Market outperformers include SYN, ENSO, and INIT, up by 65%, 29%, and 17%, respectively. Top stories of the day: Kevin Walsh Nominated as Next Federal Reserve Chairman, Signaling Potential Policy Shift U.S. Government Experiences Partial Shutdown Bitcoin Spot ETFs Face Significant Outflows Amid Market Shifts Solana Spot ETF Experiences Significant Net Outflow JPMorgan Highlights Bitcoin Futures Oversold, Gold and Silver Overbought CZ Recalls $15 Billion Withdrawal Test as Binance Faced Market Panic in 2022 Market movers: ETH: $2640.52 (-3.15%) BNB: $837.45 (-0.17%) XRP: $1.6967 (-2.53%) SOL: $115.73 (+0.63%) TRX: $0.2911 (+0.48%) DOGE: $0.1117 (-1.65%) WLFI: $0.1466 (-1.81%) WBTC: $82872.68 (+0.71%) ADA: $0.3105 (-3.54%) BCH: $537.8 (-1.14%) Top gainers on Binance: SYN/USDT (+65%) ENSO/USDT (+29%) INIT/USDT (+17%)