Binance's Reserves Stay Strong as Global Crypto Market Capitalization Drops

The global cryptocurrency market capitalization has decreased to $2.34 trillion, down by 1.89% over the last 24 hours.

Bitcoin's price has fluctuated between $68,273 and $70,351 during this period, currently trading at $69,055, which is 1.29% lower than yesterday.

The market outperformers include RED, SUPER, and BANK, which have seen significant gains of 52%, 26%, and 25% respectively.

Binance's Proof of Reserves report for April confirms that all major assets are fully backed, with reserve ratios exceeding 100% across BTC, ETH, and USDT. The inclusion of PAX Gold marks a shift towards tokenized real-world assets, expanding the total tracked assets to 49.