Binance Market Update (2026-02-05)

The global cryptocurrency market cap now stands at $2.58T, down by -1.66% over the last day, according to CoinMarketCap data.

Bitcoin (BTC) has been trading between $70,140 and $76,339 over the past 24 hours. As of 09:30 AM (UTC) today, BTC is trading at $71,753, down by -5.78%.

Most major cryptocurrencies by market cap are trading mixed. Market outperformers include CHESS, C98, and ENSO, up by 18%, 16%, and 15%, respectively.

Top stories of the day:

• Asian Central Banks to Show Divergent Monetary Policies by 2026, Says BofA Securities

• Ethereum Transfer Volume Reaches Significant Levels

• UK 10-Year Bond Yield Reaches Highest Level Since November 2020

• Bitcoin's Bear Market More Severe Than Early 2022, Analysis Shows

• India's Annual Import Needs to Reach $300 Billion, U.S. to Play Key Role in Energy and Technology Supplies

• Spot Silver Rebounds to $80 per Ounce Amid Volatile Trading

• Major Banks Anticipate Stable Interest Rates with Potential Future Cuts

• Bloomberg Analyst Says Markets Undervalue Bitcoin’s Multi-Year Bull Run as Older Investors Continue ETF Buying

• Gold’s Sell-Off Losses Halved, but Analysts Warn of Another Downside Risk

• Insight Investment Predicts Delayed ECB Rate Hike Until 2027

Market movers:

• ETH: $2138.23 (-5.42%)

• BNB: $698.77 (-7.74%)

• XRP: $1.431 (-10.62%)

• SOL: $92.79 (-4.44%)

• TRX: $0.2815 (-1.92%)

• DOGE: $0.1024 (-5.10%)

• WLFI: $0.1305 (-3.40%)

• BCH: $527.8 (-0.17%)

• U: $1.0014 (+0.05%)

• ADA: $0.2818 (-6.19%)

Top gainers on Binance:

• CHESS/USDT (+18%)

• C98/USDT (+16%)

• ENSO/USDT (+15%)