BNB Sets Another All-Time High, BTC Stopped Ahead of $120K: Market Watch
Main Idea
Some altcoins like ETH and BNB are performing strongly, with BNB reaching new all-time highs, while BTC struggles to break past $120K and the total crypto market cap rises.
Key Points
1. ETH surged to $3,900 and BNB set new all-time highs, surpassing $850.
2. BTC traded in a tight range between $117,000 and $120,000 before dropping and then recovering slightly to around $119,000.
3. AVAX and ENA were notable gainers among larger-cap altcoins, with ENA surging over 13%.
4. Other performers include XPR rising past $3.25, and SOL, DOGE, and HYPE each adding around 3% in value.
5. The total crypto market cap increased by $60 billion in a day, surpassing $4 trillion.
Description
Bitcoin added several grand over the weekend and even headed toward $120,000, where the bears stepped in and didn’t allow a surge past that crucial resistance. Some altcoins continue to outperform, including ETH, which surged to $3,900, and BNB, which continues to set new ATHs. BTC Stopped Below $120K After spending about ten days in a tight trading range between $117,000 and $120,000, the largest cryptocurrency by market cap started to lose value rapidly last Thursday and Friday as Galaxy Digit...
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