Bitcoin stays above the $10,750 region while the Binance coin continues surging with another 5% increase, marking a 20% on a weekly basis so let’s read more in the latest Binance coin news today.
After marking a huge price increase from the $10,640 to $10,860, Bitcoin stays around the same level of $10,750 as the largest altcoin remained calm as well on the 24-hour scale. Binance coin is once again the exception as it eyes the $30 target. As BTC failed to reclaim the $11,000 yesterday, the asset headed downwards and dropped to $10,660 as in the past 24 hours the primary cryptocurrency registered bottom of $10,640.
However, Bitcoin refused to stay down and the bulls drove the price towards the intraday high of about $10,860 and since then the price retraced a little so it’s now trading a little lower than $10,750. The technical show that BTC has to overcome the first resistance at the $10,830 level to challenge the next one at $11,000. If the asset goes on conquering the psychological line, the following resistance will be the one at 0.5 Fib level at $11,150.
As reported recently, Bitcoin displayed a lot of signs of decoupling from the other financial markets but it slowly returned to a similar price trajectory with gold in the past day. The precious metal also increased to a daily high of about $1900 and retraced to $1890. At the same time, Wall Street marked a huge loss during yesterday’s trading session while the s&P500 and the Dow Jones closed down with a 0.5% decline. Nasdaq also went down by 0.3%.
Ethereum increased by about 1% as ETH trades at $355 Ripple and Bitcoin Cash were situated at the same levels yesterday at $0.241 and $230. PolkaDot and Chainlink lost a lot of their value as DOT fell beneath $4.50 and LINK below $10. The most impressive gainer is once again the Binance coin. BNB jumped by about 5.5% since yesterday and it is up by about 20% in a week. The latest gains came after the leading crypto exchange announced the first project to double launch- ALphaFinanceLab.
Binance will start recording the holdings today which prompts the users to buy more and ultimately boost the price higher. Further gains are evident from the lower cap coins as the Midas Touch Gold doubled down on the recent impressive performance and even surged by another 19%. Zilliqa increased by 16%, Energy web token by 12%, TEHTA by 11%, and Siacoin by 10%.
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Stefan has been writing articles for DCForecasts since 2016 in-house full time. As one of our main cryptocurrency writers, he focuses on covering the latest cryptocurrency news, technical charts, price analyses of coins and press releases. When he is not exploring and covering the latest topics in crypto, you can find Stefan playing basketball, tennis or cycling.
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