The global cryptocurrency market cap has experienced a slight increase to $4.02 trillion over the past 24 hours, according to CoinMarketCap data. The price of Bitcoin (BTC) is currently trading around $118,345, with a 0.58% increase compared to yesterday’s closing value. Other major cryptocurrencies are showing mixed performance as market sentiment shifts. Notable gains include CTSI (+43%), POND (+26%), and EPIC (+18%). 24-hour trading data reveals that the top stories of the day include US Treasury seeking public feedback on digital identity tools in DeFi, Solana’s dominance in active blockchain addresses, significant changes to Ethereum PoS network queues, sovereign wealth funds looking at Bitcoin and Blockchain staking, Thailand exploring the use of TouristDigiPay for cryptocurrency exchanges, and divergence in funding rates within the crypto market. Market movers highlight a positive trend in Binance token price, with a 3.33% increase on BNB to $862.49. Solana leads the active address ranking followed by Ethereum’s PoS network. The El Salvador government is further increasing its Bitcoin holdings by adding eight coins, and the NFT market shows considerable growth with increased buyer activity. Additionally, the UAE’s crypto sector is anticipated to experience significant growth within the next five years.